Twilio Inc. belongs to the information technology sector. During the pandemic, companies in this sector showed excellent results in terms of earnings and stock growth. Twilio securities can be considered a promising asset for investors focused on long-term investing.
Twilio is an American digital communications developer headquartered in San Francisco. The organization positions itself as a service company. Twilio enables software developers to use different communication channels: mobile chats, social networks, voice communication, etc.
Twilio was founded in 2008 by Jeff Lawson, Evan Cook, and John Wolthuis. One of the company's first products was Twilio Voice. This API, which allows making and receiving phone calls, was launched in November 2008. In February 2010, the developer introduced a programming interface for text messaging applications.
The project raised over $100 million in venture funding. The company held an IPO in 2016, in which Twilio's stock traded at $23.99 per share. The digital communications developer is now considered an attractive asset for retail and institutional investors. Twilio Stock is available for purchase on the NYSE.
Placing telephony infrastructure and supporting communication between HTTP and the general telephone network is done through Amazon Web Services. Twilio's open-source development includes the product OpenVBX. It is designed to configure phone numbers for receiving and distributing calls. Another open-source product is Stashboard. This is a dashboard for monitoring the correctness of APIs and online services.
The company is also working on other open-source projects. These include Flask Restful, Shadow, and Banker's Box. The first product is designed to develop REST APIs. The Shadow project is used to execute queries through a pre-release with real production traffic. Banker's Box is software for internal databases.
Twilio is considered a growth company, so the long-term outlook for the stock price is positive. Experts believe TWLO stock could rise to $235.5 within a year. At the time of writing (in February 2021), they were at $158. Optimistic forecasts suggest that investing in Twilio stock could yield about $77 per paper in the next year.
Longer-term projections also look optimistic. Thus, an investment in Twilio with a 2-year horizon can bring a profit of more than 50% with a target price per share of about $244.
Twilio reported revenue of $842.7 million in Q4 2021, up 54% from last year's same reporting period. GAAP quarterly loss from operations reached $283.6 million, up to $185.3 in Q4 last year.
The company's annual revenue in 2021 is $2.84 billion, which is 61% higher than the results for 2020. The GAAP loss from operating activities increased along with revenues. In 2021, this figure will amount to $915.6 million, and in 2020, to $492.9 million. - $492.9 million.
In addition to the positive financial report, Twilio Inc. presented other results of its activities in 2021. Thus, as of December 31, 2021, the number of active client accounts of the company was about 256 thousand. Last year their number reached 221 thousand. By the end of 2021, the number of Twilio employees was more than 7.8 thousand people.
Since the pandemic began in March 2020, Twilio's stock has seen a strong rise. From $90 within a year, the quotes reached the $400 level.
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Over the past year, despite a positive financial report, TWLO stock has fallen in price from $380 to $158.
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The Communications Services sector also includes Airbnb, Alphabet, Baidu, and others
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