Twilio Inc (NYSE: TWLO) – Why This Twilio Analyst Is Bullish

A Twilio, Inc (NYSE: TWLO) Analyst takes a bullish stance on the inventory primarily based on sustained, pandemic-related demand developments for communications API platforms, long-term cloud options, and market advantages first come.

Analyst Twilio: UBS analyst Taylor McGinnis launched the Twilio cowl with a purchase observe and a worth goal of $ 385.

Twilio takeaways: The pandemic has accelerated demand for high-income, low-margin Twilio messaging choices and elevated each the adoption and consciousness of its higher-margin APIs and cloud options reminiscent of Video, Flex and Phase, a McGinnis stated in a gap observe Wednesday.

Twilio will proceed to construct on the success of those merchandise within the close to time period whereas pursuing long-term options in progress areas reminiscent of buyer information platforms and cloud-as-a-service communications, each of that are in danger. an early stage within the business, the analyst stated. .

Regardless of entry into the area and a better give attention to the area by bigger corporations reminiscent of Microsoft, Twilio has maintained its business management place out there on account of its first-mover benefits, has t she declared.

Though Twilio’s present income drivers aren’t considerably differentiated from these of its opponents, Twilio finds its aggressive edge with its pre-packaged answer APIs and the potential to transform present customers of its pure communication platform into as service merchandise to its long term, business particular options. , McGinnis stated.

At the moment, Twilio is without doubt one of the hardest hit mid-cap shares following the February tech sell-off and is now buying and selling at a reduction to friends with the same progress profile, stated the analyst.

UBS expects Twilio’s income to develop by 30% over the following few years.

TWLO worth motion: Twilio inventory gained 1.9% on Thursday, closing at $ 338.69.

Last scores for TWLO

Dated Solidify motion Of AT
Could 2021 UBS Throw the blanket on Purchase
Could 2021 Morgan stanley Maintains Obese
Apr 2021 B of titles A Restores Purchase

See extra analyst notes for TWLO

See the newest analysts’ notes

© 2021 Benzinga doesn’t present funding recommendation. All rights reserved.

About Edith J.

Check Also

Wen moon? Information reveals skilled merchants have gotten extra bullish on the worth of Bitcoin

Bitcoin’s (BTC) value surge of $ 4,700 on November 29 was possible a terrific aid …