On June 30, Twilio rose 5.07% in regular trading, trading at $201.42/share, with turnover of $257 million. The move was driven by Goldman Sachs initiating coverage of Twilio with a Buy rating and a $300 price target, implying approximately 63% upside from current levels.

Goldman Sachs analysts highlighted that as AI agent developers increasingly require communication infrastructure to reach end users, Twilio stands to benefit significantly from growing developer activity. The initiation comes amid a series of bullish analyst actions: Tigress Research raised its target from $170 to $255, BofA Securities lifted its target from $225 to $235, and Morgan Stanley raised its target to $200 — all maintaining positive ratings.

Fundamentally, Twilio reported Q1 adjusted EPS of $1.50, beating consensus of $1.27 by 18%, while revenue of $1.406 billion exceeded estimates of $1.342 billion. The company also raised its full-year revenue growth guidance to 14%-15% from a prior range of 11.5%-12.5%, citing strong AI-driven demand across its messaging and voice platforms.

(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.)