The Latest Breaking News from Twilio

Needham has decided to maintain its Buy rating of Twilio (NYSE:TWLO) and lower its price target from $350.00 to $200.00. Shares of Twilio are trading down 3.58% over the last 24 hours, at $114.24 per share. A move to $200.00 would account for a 75.07% increase from the current share…

Twilio Inc (NYSE: TWLO) shares were volatile in Wednesday's after-hours session after the company reported better-than-expected financial results but issued an earnings outlook below estimates.

Someone with a lot of money to spend has taken a bullish stance on Twilio (NYSE:TWLO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Twilio (NYSE:TWLO) has outperformed the market over the past 5 years by 16.4% on an annualized basis producing an average annual return of 28.4%. Currently, Twilio has a market capitalization of $21.51 billion.

A whale with a lot of money to spend has taken a noticeably bullish stance on Twilio. Looking at options history for Twilio (NYSE:TWLO) we detected 15 strange trades.

Due to the recent tech selloff, renowned investor Cathie Wood’s flagship Ark innovation ETF has retreated from its 2021 highs this year. However, accelerated digitalization, increasing tech dependence, and growing IT spending should allow Wood’s portfolio to rebound quickly. Given these factors, Wall Street analysts expect Wood’s beaten-down tech stock…

 

Twilio (NYSE:TWLO) has outperformed the market over the past 5 years by 20.39% on an annualized basis producing an average annual return of 33.69%. Currently, Twilio has a market capitalization of $23.90 billion.

Twilio (NYSE:TWLO) has observed the following analyst ratings within the last quarter: