Why do I think that TWLO should be attractive BUY at these price levels: Our top pick Twilio (TWLO) reported Q2 Non-GAAP EPS of $0.87, beating estimates by $0.17, with revenue of $1.08 billion, up 4% year-over-year. The company reported more than 316,000 active customer accounts as of June 30, 2024, compared to over 304,000 in the prior year. Twilio’s Q3 revenue consensus is $1.09 billion, with Non-GAAP EPS consensus of $0.73.
For the third quarter of 2024, Twilio has provided the following guidance:
Revenue: Expected to be in the range of $1.085 billion to $1.095 billion.
Non-GAAP Income from Operations: Projected to be between $160 million and $170 million.
The provided guidance exceeds current market expectations.
From the valuation point of view: TWLO trades at P/BV ratio of just 1.08x, P/Sales of 2.43x, which is below peer group average. Given the updated valuation which takes into account the recent company guidance, we foresee attractive upside potential for the stock in the near-term.
We think that current price is a good entry point in TWLO (for swing traders and investors)
For the third quarter of 2024, Twilio has provided the following guidance:
Revenue: Expected to be in the range of $1.085 billion to $1.095 billion.
Non-GAAP Income from Operations: Projected to be between $160 million and $170 million.
The provided guidance exceeds current market expectations.
From the valuation point of view: TWLO trades at P/BV ratio of just 1.08x, P/Sales of 2.43x, which is below peer group average. Given the updated valuation which takes into account the recent company guidance, we foresee attractive upside potential for the stock in the near-term.
We think that current price is a good entry point in TWLO (for swing traders and investors)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.