The winds of change are blowing through Twilio Inc., ( NYSE:TWLO ) as the company navigates a pivotal moment following the departure of its longtime CEO amidst pressure from activist investors. The latest earnings report from the software giant reveals a mixed bag of results, with revenue projections falling short of expectations and a strategic shift underway as...
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...
TWLO is forming a short-term Rounding Top Formation with support nearby. There is some Dark Pool Quiet Rotation™ that is increasing the rounding action on this chart.
Twilio Inc. just crossed the 1D Rising Wedge to the upside (RSI = 64.940, MACD = 5.430, Highs/Lows = 3.6536) and has become very bullish on the medium term (STOCH = 74.055, STOCHRSI = 73.303, Williams = -20.473). This presents a very strong buy opportunity within the emerging Channel Up. Our TP is 145.00.
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