Twilio Stock Soars. Why Analysts See ‘AI Potential.’
Twilio has the potential to grow into a “much more profitable business,” William Blair analysts said Friday, reiterating an Outperform rating on the cloud communications company’s stock. Analysts, led by Arjun Bhatia, argued that Twilio valuation was attractive, given the potential upside to revenue and free cash flow in coming years. Shares spiked 22% to $138.34, on pace for their highest close since April 19, 2022, according to Dow Jones Market Data.