High-Flying Twilio a Must-Buy Ahead of Q4 Earnings to Tap More Upside

From Nasdaq: 2025-02-11 08:33:00

Twilio Inc. (TWLO) will report fourth-quarter 2024 earnings results on Feb. 13, with a Zacks Rank #1 and Earnings ESP of +3.28%. The company has been benefiting from digital transformations and strategic investments, driving profits and margins. Twilio’s strong demand for voice and messaging products and innovative offerings contribute to revenue growth.

Twilio is focusing on generative AI offerings to enhance customer relationships and revenue growth. The company launched Customer AI technology and partnered with Alphabet Inc. for Google Cloud integration. By leveraging AI capabilities across its platform, Twilio aims to stay ahead in the market and boost its revenue in the long run.

For fourth-quarter 2024, Twilio expects revenues of $1.17 billion and EPS of $1.02, showing year-over-year improvements. The Zacks Consensus Estimate indicates strong growth for revenues and EPS in 2024 and 2025. With positive earnings surprises in the past, Twilio’s long-term EPS growth rate is promising, making it an attractive investment option for shareholders.

Twilio’s stock price has risen 33.5% year to date, with more potential upside due to its favorable Zacks Rank and expected earnings beat. The company’s focus on AI technologies, strong balance sheet, and cash reserves position it well for growth and shareholder rewards. With net cash available, Twilio can pursue acquisitions, invest in growth initiatives, and enhance shareholder value.



Read more at Nasdaq: High-Flying Twilio a Must-Buy Ahead of Q4 Earnings to Tap More Upside