Twilio lets companies converse with customers through text messages. The company expects to be profitable on a non-GAAP basis in 2023.
But it already has a mk cap of 36.02Bil + 19% in the pre-market, it`s a 42.84 Mk cap for a non profitable company. How further the growth thesis go if Royal Bank of Canada has a Price target of $400 for it???
Even though it is trending now, in my opinion Twilio will be the next Peloton because of its ack of profitability. My price target is $130.
Q4 loss of $291.4 million quarterly loss of $0.20 per share VS a loss of $0.21 Zacks Consensus Estimate VS earnings of $0.04 per share a year ago.
Fourth-quarter revenue increased to $842.7 million VS analysts’ average estimate of $768.6 million.
@savemoney2020, you realize TA matters very little on macroeconomic knee jerks, right?
savemoney2020
⋅
@firedupwealth, i trade based on events that might affect the movement of the overall market or a specific sector and I got caught off-guard here and there, so yes TA doesn't mean shit in today's market conditions.