Brian White, an analyst from Monness, maintained the Buy rating on Twilio (TWLO – Research Report). The associated price target remains the same with $152.00.
Brian White has given his Buy rating due to a combination of factors that indicate a positive outlook for Twilio. The company has shown signs of a successful turnaround by implementing focused innovation, disciplined execution, and financial rigor. These changes have led to an improved cost structure and a strategic stock repurchase plan, suggesting that the turnaround efforts are sustainable despite a fragile macro environment.
Additionally, Twilio is expected to achieve significant growth, with projected revenue acceleration and expanding operating margins. The recent Investor Day highlighted a new $2 billion stock repurchase program, and Twilio’s focus on emerging markets like conversational AI is expected to drive future opportunities. The company’s financial framework aims for substantial non-GAAP operating margin improvement and increased free cash flow in the coming years, further supporting the Buy rating.
In another report released on January 28, Needham also maintained a Buy rating on the stock with a $165.00 price target.