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Twilio (TWLO) Stock Sinks As Market Gains: What You Should Know

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Twilio (TWLO - Free Report) closed at $66.39 in the latest trading session, marking a -1.25% move from the prior day. This move lagged the S&P 500's daily gain of 2.6%.

Coming into today, shares of the company had lost 13.78% in the past month. In that same time, the Computer and Technology sector lost 15.89%, while the S&P 500 lost 12.9%.

Investors will be hoping for strength from Twilio as it approaches its next earnings release, which is expected to be November 3, 2022. The company is expected to report EPS of -$0.39, down 4000% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $969.17 million, up 30.94% from the year-ago period.

TWLO's full-year Zacks Consensus Estimates are calling for earnings of -$0.63 per share and revenue of $3.85 billion. These results would represent year-over-year changes of -152% and +35.58%, respectively.

Any recent changes to analyst estimates for Twilio should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.84% higher within the past month. Twilio is currently a Zacks Rank #3 (Hold).

The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 86, which puts it in the top 35% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.


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