JMP Securities analyst Patrick Walravens maintained a Buy rating on Twilio (NYSE:TWLO) Inc on Thursday, setting a price target of $510, which is approximately 47.54% above the present share price of $345.66.
Walravens expects Twilio Inc to post earnings per share (EPS) of -$1.31 for the fourth quarter of 2021.
The current consensus among 17 TipRanks analysts is for a Strong Buy rating of shares in Twilio, with an average price target of $466.
The analysts price targets range from a high of $550 to a low of $375.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $668.93 million and a net profit of -$202.27 million. The company's market cap is $61.23 billion.
According to TipRanks.com, JMP Securities analyst Patrick Walravens is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 31.3% and a 72.62% success rate.
Founded in 2008, California-based Twilio, Inc. provides a cloud communications platform that allows software developers to programmatically make and receive phone calls, send and receive text messages, and perform other communication functions using its web service APIs (Application Programming Interfaces).