Don't Get Greedy With Twilio Inc. Stock (Yet)
Twilio (NYSE: TWLO) has taken investors on a wild ride over the past one and a half years. The cloud communications platform provider went public at $15 last June, surged to the mid-$60s three months later, then stumbled all the way back to the mid-$20s.
Bottom-fishing investors might be wondering if it's finally time to buy the beaten-down growth stock. I still believe that Twilio is a good speculative play, thanks to its first mover's advantage in the CPaaS (cloud platform as a service) space and its robust revenue growth. However, I also think that investors shouldn't get greedy with Twilio yet, for five simple reasons.
Image source: Getty Images.
Source: Fool.com
Twilio Inc Stock
€55.51
-0.050%
Currently there is a rather positive sentiment for Twilio Inc with 17 Buy predictions and 3 Sell predictions.
With a target price of 69 € there is a positive potential of 24.3% for Twilio Inc compared to the current price of 55.51 €.
