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EUROPE SAYS

Twilio shares jump more than 23% after guidance raise as banks lift price targets to $275

AI Market Summary
Twilio's shares surged after a beat-and-raise quarter, with EPS and revenue topping expectations and management lifting full-year guidance. Multiple banks raised price targets and reiterated positive ratings, highlighting accelerating organic growth and AI-driven communications/voice momentum in CPaaS. The news supports near-term bullish positioning in TWLO as analysts reprice improving fundamentals and durability of demand tied to enterprise AI adoption.
Impact level
● Medium
Affected assets
NCSKTWLO2USD/USDT+30.66%
AI Insight · NCSKTWLO2USD/USDTAI Insight
▲ Bullish
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⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Twilio shares surged more than 23% after the cloud communications company posted better-than-expected second-quarter results and raised its full-year guidance. A series of Wall Street firms lifted their price targets, with the highest raised to $275, while keeping positive ratings. The moves reflect growing confidence in Twilio’s growth outlook, including its Communications Platform-as-a-Service (CPaaS) business.
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