TWLO: Goldman Sachs Initiates Buy
Goldman Sachs initiates coverage on Twilio with a buy rating and a price target of $300
TWLO Goldman Sachs Initiates Coverage on TWLO with Buy Rating, PT $300 Analyst comments: "We see Twilio as well positioned to benefit from increased developer activity as agentic builders still require communications infrastructure to reach end users.
This is primarily visible in Twilio's self-service business and Voice business.
We believe investors will increasingly focus on: (1) sustained gross profit growth acceleration and the durability of AI as a tailwind; (2) the trajectory of gross margins; and (3) how to underwrite positive risk/reward given extended valuation versus history." Analyst: Callie Valenti