William Blair analyst Arjun Bhatia has reiterated their bullish stance on TWLO stock, giving a Buy rating today.
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Arjun Bhatia has given his Buy rating due to a combination of factors including Twilio’s impressive financial performance and strategic positioning. The company reported a strong quarter with organic revenue growth surpassing expectations, driven by robust demand across its messaging and voice channels. Twilio’s ability to raise its full-year revenue guidance reflects its successful go-to-market execution and traction from new products, particularly in areas like AI and self-service.
Additionally, Twilio’s disciplined investment approach, particularly in research and development, is already yielding positive results, with strong demand for voice and conversational AI solutions. The company’s operating margin has stabilized, and its valuation appears attractive compared to peers, trading at a discount despite solid growth prospects. These factors collectively contribute to Bhatia’s optimistic outlook on Twilio’s future performance and his decision to maintain a Buy rating.
In another report released today, Citizens JMP also maintained a Buy rating on the stock with a $165.00 price target.