Twilio Inc. (TWLO)’s Stock Formed A Several Months Bullish Double Top Chart Pattern

October 2, 2018 - By Richard Conner

The chart of Twilio Inc. (TWLO) shows a double top with $83.71 target or 4.00 % above today’s $80.49 share price. The 7 months chart pattern indicates low risk for the $7.84B company. It was reported on Oct, 2 by Finviz.com. If the $83.71 price target is reached, the company will be worth $313.72M more. Double tops are rare but powerful chart patterns.

The stock decreased 3.89% or $3.26 during the last trading session, reaching $80.49. About 1.79M shares traded. Twilio Inc. (NYSE:TWLO) has risen 181.21% since October 2, 2017 and is uptrending. It has outperformed by 165.59% the S&P500.

Analysts await Twilio Inc. (NYSE:TWLO) to report earnings on November, 14. They expect $-0.19 EPS, up 20.83 % or $0.05 from last year’s $-0.24 per share. After $-0.21 actual EPS reported by Twilio Inc. for the previous quarter, Wall Street now forecasts -9.52 % EPS growth.

More important recent Twilio Inc. (NYSE:TWLO) news were published by: Benzinga.com which released: “KeyBanc: 5 Reasons To Be Aggressive On Twilio” on September 04, 2018, also Seekingalpha.com published article titled: “Amicus Therapeutics Is Speculative – Cramer’s Lightning Round (9/28/18)”, Seekingalpha.com published: “Twilio acquires Ytica” on September 11, 2018. More interesting news about Twilio Inc. (NYSE:TWLO) was released by: Seekingalpha.com and their article: “Twilio: Premium Company Deserving Of A Premium Valuation” with publication date: September 04, 2018.

Twilio Inc. provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications through the cloud in the United States and internationally. The company has market cap of $7.84 billion. The company's programmable communications cloud provides a range of products that enable developers to embed voice, messaging, video, and authentication capabilities into their applications through application programming interfaces. It currently has negative earnings. It also provides use case products, such as a two-factor authentication solution.

Twilio Inc. (NYSE:TWLO) Ratings Chart

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