"BTIG expects another strong quarter, with incremental proof points that Twilio is the communications infrastructure for the AI era. The firm singled out organic growth and gross profit dollar growth as the metrics that matter, and it sees modest upside to consensus on both."
"CEO Khozema Shipchandler told investors Twilio is 'moving beyond being a provider of communications channels and data towards becoming a foundational infrastructure layer in the age of AI.' Voice AI revenue growth accelerated above 60% year over year, while $500K+ deals climbed 36% YoY in Q4."
BTIG increased Twilio's price target from $155 to $175 while maintaining a Buy rating ahead of Q1 results. This upgrade reflects a belief that Twilio is becoming essential for AI-driven communications. Investors are keenly awaiting Q1 results to see if they support BTIG's optimistic view. The firm anticipates strong performance metrics, particularly in organic growth and gross profit. Twilio's CEO emphasized the company's transition to a foundational infrastructure layer in the AI age, with significant growth in Voice AI revenue and large deals.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]