5 Things to Know About Twilio Stock
Once a darling of investors, (NYSE: TWLO) has been on a wild ride over the past few years. Shares traded for around $120 at the beginning of 2020, rose to a high of $443 at the beginning of 2021, and then fell to a low of $41 in late 2022. Even after a mild recovery this year to around $68, the stock recently was still down 84% from its 2021 high.
That said, Twilio still has a lot of promise, and it offers a product that many well-known businesses use. If you've ever chatted in an app or on a webpage, you may have interacted with Twilio's software without even noticing it. For investors who are curious about Twilio and are considering buying shares today, here are five things to know.
During its rapid bull market run in 2020, Twilio's stock appreciation was primarily driven by its eye-popping revenue numbers. From Q2 2019 through Q2 2021, its year-over-year revenue growth never dropped below 46%, and in most quarters, it was above 60%.
Source Fool.com
Twilio Inc Stock
Our community is currently high on Twilio Inc with 18 Buy predictions and 3 Sell predictions.
As a result the target price of 70 € shows a positive potential of 26.31% compared to the current price of 55.42 € for Twilio Inc.
