Why Twilio Shares Are Falling Today
Twilio (NYSE: TWLO) is trading significantly lower Thursday after the company announced its third-quarter financial results and issued guidance below estimates.
Wells Fargo Maintains Overweight on Twilio, Lowers Price Target to $450
Wells Fargo analyst Michael Turrin maintains Twilio (NYSE:TWLO) with a Overweight and lowers the price target from $525 to $450.
30 Stocks Moving in Thursday’s Pre-Market Session
Gainers
InflaRx N.V. (NASDAQ: IFRX) rose 47.9% to $4.23 in pre-market trading. Raymond James upgraded InflaRx from Outperform to Strong Buy and announced a $14 price target.
12 Information Technology Stocks Moving In Wednesday’s After-Market Session
Gainers
Wolfspeed (NYSE:WOLF) shares increased by 9.86% to $99.99 during Wednesday's after-market session. The company's market cap stands at $11.5 billion. As per the press release, Q1 earnings came out today.
Twilio’s Return On Capital Employed Overview
Benzinga Pro data, Twilio (NYSE:TWLO) reported Q2 sales of $668.93 million. Earnings fell to a loss of $202.27 million, resulting in a 2.5% decrease from last quarter.
Earnings Scheduled For October 27, 2021
Companies Reporting Before The Bell
• McDonald's (NYSE:MCD) is expected to report quarterly earnings at $2.46 per share on revenue of $6.03 billion.
Barclays Initiates Coverage On Twilio with Equal-Weight Rating, Announces Price Target of $375
Barclays analyst Ryan Macwilliams initiates coverage on Twilio (NYSE:TWLO) with a Equal-Weight rating and announces Price Target of $375.
Piper Sandler Analyst Thinks This Cloud Software Stock Has More Upside Than Snowflake
Twilio Inc (NYSE: TWLO) will likely become a much bigger business than what people are expecting, Piper Sandler analyst Brent Bracelin said Tuesday on CNBC's "TechCheck."
10 Information Technology Stocks Showing Unusual Options Activity In Today’s Session
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