On November 5, Twilio fell 6.03% in Regular Trading, trading at $199.59 per share, with turnover of $93.20 million.

The latest market-moving backdrop was a fresh price-target increase from Tigress Financial to $320 from $255 with a Buy rating maintained, but the stock remained under pressure as investors continued to focus on slowing growth signals following the company’s recent quarterly report.

Twilio’s third-quarter results beat expectations, with adjusted EPS of $1.65 versus the $1.47 consensus and revenue of $1.559 billion versus the $1.514 billion consensus. However, fourth-quarter revenue guidance of $1.60 billion to $1.61 billion came only modestly above expectations, while commentary around messaging deceleration and softer organic growth weighed on sentiment. Recent analysis also noted year-on-year organic revenue growth slowed to 15.7% from 16.7% in the prior quarter, reinforcing concerns about momentum in the company’s largest business.

(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.)