In yesterday’s Wall Street session, Twilio Inc (NYSE:TWLO) shares traded at $97.13, down -2.72% from the previous session.
TWLO stock price is now 35.90% away from the 50-day moving average and 54.38% away from the 200-day moving average. The market capitalization of the company currently stands at $14.90B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target enhanced from $80 to $120, Wells Fargo Upgraded its rating from Equal Weight to Overweight for Twilio Inc (NYSE: TWLO). On June 28, 2024, Tigress Financial recently initiated its ‘Buy’ rating on the stock quoting a target price of $75, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Wagner Dana, Officer bought 4,512 shares of the company’s stock on Nov 14 ’24. The stock was bought for $452,646 at an average price of $100.32. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 06 ’24, Chief Legal Officer, Secretary Wagner Dana sold 4,512 shares of the business’s stock. A total of $406,177 was realized by selling the stock at an average price of $90.02. This leaves the insider owning 137,779 shares of the company worth $13.38 million. A total of 5.92% of the company’s stock is owned by insiders.
During the past 12 months, Twilio Inc has had a low of $52.51 and a high of $100.07. As of last week, the company has a debt-to-equity ratio of 0.14, a current ratio of 5.06, and a quick ratio of 5.06. The fifty day moving average price for TWLO is $70.7582 and a two-hundred day moving average price translates $62.7817 for the stock.
The latest earnings results from Twilio Inc (NYSE: TWLO) was released for 2024-09-30. The net profit margin was -10.66% and return on equity was -5.08% for TWLO. The company reported revenue of $1.13 billion for the quarter, compared to $1.03 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.67 percent.
