Million

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>TWLO stock price surged over 4% in a week and a correction of 8.87% was seen over the month.&nbsp;</a> </li> 
 <li> <span>2</span> <a>A drop of 2.21% was seen in the TWLO trading price post earnings release.</a> </li> 
</ul> 
<p>TWLO stock chart reflects a surge in momentum in the YTD time frame with a 30.67% uptick in price. At the time of publication, Twilio Inc. stock was trading at $65.72 which means it opened a few percent below its previous closing price.&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-twlo-stock-price-analysis-strong"><strong>TWLO Stock Price Analysis</strong></h2> 
<p>In the 52 weeks time frame TWLO stock peaked at $81.25 while the lowest value was $41. The annual price target of Twilio, Inc. is $67.61, which is around 2.75% greater than its press time trading price.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh6.googleusercontent.com/yzEsoyYNVFz3wDZhRK-tYferhjQlWJchofoG2uQkv3Vn70qAPXgJ-py045m5ZrHZDZg-lV_CBs_pm254IorMQ1TVB56fl4jplijWKWXqzIkO0Uyb-9eZLBP8yVt6rXQfR4pcBAUjT908DzjJe75iIg" alt="Twilio Inc: Bulls Drive up the TWLO Stock Beyond the $65 Level">
  <figcaption class="wp-element-caption">
   Source: TWLO stock price chart from <a href="https://www.tradingview.com/x/EuAJL2EU/">TradingView&nbsp;</a>
  </figcaption>
 </figure>
</div> 
<p><a href="https://www.thecoinrepublic.com/2023/09/04/despite-a-bullish-trend-lucid-stock-struggles-below-20-day-ema/">Twilio, Inc</a> has a market capitalization of $11.957 Billion. A surge of 32.64% is seen in the market cap compared to the market cap in 2022. As per companiesmarketcap (dot) com the company is 1319th most valuable company.&nbsp;</p> 
<p>The basic EPS TTM is negative $6.61 and the trading volume of TWLO shares is 2.054 Million. Twilio, Inc. engages in the development of communications software, cloud-based platform, and services.&nbsp;</p> 
<p>The MACD suggests TWLO stock as a significant amount of bulls seems to be accumulating above histogram. The RSI is indicating that constant buying has been pursued since the past few sessions.</p> 
<p>As per market analysts, a major decline in the TWLO stock trading price might be seen by the end of this week. Twilio stock might soon surpass its annual price target.&nbsp;</p> 
<p>Despite losses throughout the year, TWLO stock surged over 4.80% in a week and a correction in the price of 8.87% is seen in a month. TradingView data states that 171.039 Million Twilio Inc shares are free floating and remaining 5.56% are closely held.&nbsp;</p> 
<p>It is crucial to note that the company reported 5.13% more revenue than estimated figures. A deduction of 2.21% was seen in the TWLO trading price following the earnings release on August 8 2023.&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-twilio-inc-financial-updates-strong"><strong>Twilio Inc Financial Updates&nbsp;</strong></h3> 
<p><a href="https://www.thecoinrepublic.com/2023/09/04/despite-a-bullish-trend-lucid-stock-struggles-below-20-day-ema/" target="_blank" rel="noreferrer noopener">Twilio Inc</a> was supposed to report $987.09 Million in revenue in the second quarter of 2023. The estimated EPS was positive $0.30, but the reported EPS was 79.41% greater than predicted.&nbsp;</p> 
<p>The estimated revenue for the third quarter is $989.93 Million and the supposed EPS is positive 0.37.</p> 
<p>In 2022, Twilio, Inc. secured 46% of total revenue and its Earnings Before Interest, Taxes, and Amortization was -17%, Earnings before interest and taxes (EBIT) 26% and net income was 33%.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p>Major Support: $63.89 and $60.19</p> 
<p>Major Resistance: $69.45 and $72.07</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>TWLO stock trading volume is reflecting strong buyer presence since August 29. As per market analysts, by the end of this week Twilio Inc. stock might surge further and retest $70. A deduction of 2.21% was seen in the TWLO trading price following the earnings release on August 8 2023.</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

Twilio Inc: Bulls Drive up the TWLO Stock Beyond the $65 Level

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Thecoinrepublic.com

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