On August 10, Twilio rose 5.54% in regular trading, trading at approximately $255.16 per share, with turnover of $1.42 billion. The stock continued its post-earnings momentum following the Q2 report released on August 6 after market close.

On the news front, Twilio delivered a comprehensive earnings beat. Q2 adjusted EPS came in at $1.47, exceeding the consensus estimate of $1.32, while revenue of $1.50 billion surpassed the expected $1.43 billion, representing approximately 22% year-over-year growth. Q3 guidance was equally strong, with projected revenue of $1.51 billion to $1.52 billion, significantly above the Street estimate of $1.47 billion. AI-driven messaging and voice consumption demand remained robust, complemented by accelerating multi-product cross-sell momentum.

Following the results, Morgan Stanley raised its price target from $200 to $261 while maintaining an Overweight rating. Stifel had previously upgraded the stock to Buy with a $260 target, and Tigress set a $255 target. The FactSet consensus mean target now stands at $234.93.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)