Should You Buy the Twilio Dip?
(NYSE: TWLO) has enjoyed a strong start to the year but now finds itself in a 20% correction. Many companies use Twilio's platform to communicate with customers via text, video, artificial intelligence (AI) chatbots, and other capabilities. It's natural for stocks to take breathers after long runs, but a high P/E ratio offers some reason for concern.
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Twilio has good fundamentals, but it's hard to justify a stock with a P/E ratio hovering near 300. The company delivered 20% year-over-year revenue growth in the first quarter. Those sales come from a solid foundation, which includes more than 400,000 customers and 68% of Fortune 500 companies.
Source Fool.com
Twilio Inc Stock
€215.00
28.170%
With 51 Buy predictions and 1 Sell predictions Twilio Inc is one of the favorites of our community.
On the other hand, the target price of 212 € is below the current price of 215.0 € for Twilio Inc, so the potential is actually -1.4%.
