Twilio (NYSE:TWLO) Releases Q4 2024 Earnings Guidance

Twilio (NYSE:TWLO) issued an update on its fourth quarter 2024 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.950-1.000 for the period, compared to the consensus estimate of 0.870. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion. Twilio also updated its Q4 guidance to $0.95-1.00 EPS.

Twilio Trading Down 1.0 %

Shares of TWLO traded down $0.73 during mid-day trading on Wednesday, hitting $70.56. 3,316,430 shares of the company’s stock traded hands, compared to its average volume of 2,605,503. The company has a quick ratio of 5.57, a current ratio of 5.57 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $12.08 billion, a P/E ratio of -17.60, a PEG ratio of 4.01 and a beta of 1.35. The business’s 50-day moving average price is $64.88 and its 200-day moving average price is $60.80. Twilio has a 1 year low of $49.86 and a 1 year high of $78.16.

Twilio (NYSE:TWLO) last announced its quarterly earnings results on Thursday, August 1st. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.17. Twilio had a negative net margin of 14.02% and a negative return on equity of 0.22%. The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the previous year, the company earned ($0.23) earnings per share. Twilio’s quarterly revenue was up 4.4% on a year-over-year basis. As a group, sell-side analysts forecast that Twilio will post 0.54 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on TWLO shares. Oppenheimer boosted their target price on Twilio from $65.00 to $85.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. Wells Fargo & Company upped their price target on shares of Twilio from $65.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Friday, October 25th. Piper Sandler restated an “overweight” rating and set a $83.00 price objective (up from $77.00) on shares of Twilio in a research note on Friday, August 2nd. JMP Securities reaffirmed a “market outperform” rating and issued a $110.00 target price on shares of Twilio in a report on Tuesday, October 8th. Finally, JPMorgan Chase & Co. increased their price target on shares of Twilio from $76.00 to $78.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, Twilio has an average rating of “Hold” and an average price target of $71.48.

Insider Activity at Twilio

In other news, insider Dana Wagner sold 4,512 shares of the company’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $70.00, for a total value of $315,840.00. Following the completion of the transaction, the insider now owns 146,803 shares of the company’s stock, valued at $10,276,210. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, insider Dana Wagner sold 4,512 shares of the business’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of $70.00, for a total value of $315,840.00. Following the transaction, the insider now owns 146,803 shares of the company’s stock, valued at approximately $10,276,210. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Khozema Shipchandler sold 11,073 shares of the firm’s stock in a transaction on Monday, September 30th. The shares were sold at an average price of $65.03, for a total transaction of $720,077.19. Following the transaction, the chief executive officer now directly owns 278,134 shares of the company’s stock, valued at $18,087,054.02. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 51,906 shares of company stock worth $3,388,596. 4.50% of the stock is owned by corporate insiders.

Twilio Company Profile

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.