Twilio's Stock Is Experiencing a Rally. Time to Buy?
While a few stocks from the 2020 and 2021 tech hype have emerged just fine from the crash of 2022, Twilio (NYSE: TWLO) has not. The stock is down 85% from its all-time high set in 2021 but has seen a better 2023, with it up around 40% year to date.
Although that's an impressive run for most years, it still lags behind some of its software peers. Plus, a lot of its run-up can be attributed to the cheap valuation it entered the year at.
But has Twilio's stock come too far, too fast? Or is this rally due to continue?
Source Fool.com
Twilio Inc Stock
€53.63
2.900%
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 24.93% compared to the current price of 53.63 € for Twilio Inc.
