Twilio Stock Has a Lot to Prove on Monday
Twilio (NYSE: TWLO) is ready for its close-up. The in-app communications specialist reports fresh financials after Monday's close. If investors are getting jittery, it's hard to blame them: Twilio shares plummeted 26% the day after it posted disappointing first-quarter results last time out.
Twilio stock has gone on to make back nearly half of that slide since its early May report. The biggest dagger in Twilio's poorly received first quarter was the warning that Uber would be relying less on Twilio's platform in some markets. There's no shortage of developers leaning on Twilio for their cloud-based communications needs, but Uber still accounted for more than 10% of its revenue last year.
Image source: Twilio.
Source: Fool.com
Twilio Inc Stock
€54.14
0.180%
Our community is currently high on Twilio Inc with 16 Buy predictions and 3 Sell predictions.
As a result the target price of 67 € shows a positive potential of 23.75% compared to the current price of 54.14 € for Twilio Inc.
