Market Overview

5 Ways Twilio Impressed Analysts At Its SIGNAL Conference

Share:
5 Ways Twilio Impressed Analysts At Its SIGNAL Conference

The bullish case for owning Twilio Inc (NYSE: TWLO)'s stock was well communicated to the Street during Tuesday's London SIGNAL conference targeted at developers.

Baird Equity Research analyst William Power maintains an Outperform rating on Twilio's stock with an unchanged $39 price target after highlighting five notable ways in which the company impressed at the event.

  1. The "sheer breadth" of developers and many uses for the company's APIs stood out but the core voice and messaging remain key drivers moving forward.
  2. Several developers using Twilio's APIs are looking to replace their legacy contact center products with the company's software-based inbound and outbound omni-channel solutions. The company's products and technologies even complements its core APIs through intelligent services.
  3. Twilio APIs can be "significantly enhanced" through integrations with Amazon's AWS and Google Cloud machine learning.
  4. Twilio highlighted that among its 1.6 million developers, 500,000 of them are located in the EMEA region which highlights the "breadth of its geographic distribution." The company now also has access to phone numbers across 100 countries which covers 90 percent of global GDP and six billion people.
  5. Twilio introduced Studio, a new visual interface which makes it easier for the broader organization to create, edit, and improve communication workflows.

Related Links:

ReadyTalk Is Here To Lift Your Company's Communications Into The Cloud

Twilio Reducing Its Reliance On Uber, And That's A Good Thing

Latest Ratings for TWLO

DateFirmActionFromTo
Jun 2019Initiates Coverage OnBuy
May 2019MaintainsBuyBuy
May 2019MaintainsBuyBuy

View More Analyst Ratings for TWLO
View the Latest Analyst Ratings

Posted-In: API AWS Baird cloud Data CenterAnalyst Color Analyst Ratings Tech Best of Benzinga

 

Related Articles (AMZN + TWLO)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
ACERDowngrades
ANGIMaintains20.0
KRYSReiterates73.0
MSFTMaintains90.0
SAVAInitiates Coverage On3.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Wall Street Weighs In On Adobe's Mixed Earnings Report

Alnylam Pharma Up 50% After Positive Phase 3 Results