What’s Twilio Inc. (TWLO) Upside After Touching 52-Week High?

July 16, 2018 - By Victoria Pittman

The stock of Twilio Inc. (NYSE:TWLO) hit a new 52-week high and has $65.18 target or 6.00 % above today’s $61.49 share price. The 6 months bullish chart indicates low risk for the $5.89 billion company. The 1-year high was reported on Jul, 16 by Barchart.com. If the $65.18 price target is reached, the company will be worth $353.34M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.57% or $0.35 during the last trading session, reaching $61.49. About 556,230 shares traded. Twilio Inc. (NYSE:TWLO) has risen 113.00% since July 16, 2017 and is uptrending. It has outperformed by 100.43% the S&P500.

Analysts await Twilio Inc. (NYSE:TWLO) to report earnings on August, 6. They expect $-0.23 EPS, down 15.00 % or $0.03 from last year’s $-0.2 per share. After $-0.23 actual EPS reported by Twilio Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

More notable recent Twilio Inc. (NYSE:TWLO) news were published by: Globenewswire.com which released: “Twilio Expands Footprint With New Atlanta Office” on July 09, 2018, also Fool.com with their article: “Why Twilio Inc. Stock Has Soared 159.1% So Far in 2018” published on July 16, 2018, Seekingalpha.com published: “Will Twilio’s Unique Business Model And Innovative Software Put It At The Forefront Of The Technology Bandwagon?” on July 11, 2018. More interesting news about Twilio Inc. (NYSE:TWLO) were released by: Benzinga.com and their article: “Piper Jaffray Sees 30% Upside To Twilio” published on June 25, 2018 as well as Fool.com‘s news article titled: “Forget Telecoms, Twilio Is a Better Communications Industry Stock” with publication date: July 09, 2018.

Twilio Inc. provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications through the cloud in the United States and internationally. The company has market cap of $5.89 billion. The company's programmable communications cloud provides a range of products that enable developers to embed voice, messaging, video, and authentication capabilities into their applications through application programming interfaces. It currently has negative earnings. It also provides use case products, such as a two-factor authentication solution.

Twilio Inc. (NYSE:TWLO) Ratings Chart

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