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Barchart
Barchart
Sushree Mohanty

Up 52% in 2024, How Much Higher Can AI Take Twilio Stock?

With a market capitalization of $17 billion, Twilio (TWLO) offers developers tools for integrating voice, messaging, video, and email into their applications. Twilio’s platform enables businesses to communicate with their customers seamlessly. The stock has grown in popularity due to its growth story and management’s compelling vision for the future of communication using artificial intelligence (AI). The market cheered Twilio’s third-quarter results and optimistic year-end outlook.

The stock gained 52% in 2024, outperforming the S&P 500 Index’s ($SPX) gain of 24%. Let’s find out if AI can push the stock higher this year.

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