|Bid||99.29 x 900|
|Ask||99.31 x 800|
|Day's range||97.56 - 99.49|
|52-week range||71.56 - 151.00|
|Beta (3Y monthly)||1.12|
|PE ratio (TTM)||N/A|
|Earnings date||10 Feb 2020 - 14 Feb 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||131.82|
Twilio's (TWLO) third-quarter 2019 results reflect increasing clientele and the Sendgrid buyout. However, the bearish guidance provided by management is a concern.
Tech stocks Twitter (TWTR), Twilio (TWLO), and Western Digital (WDC) are trading lower in today's after-hours session. Here's what's moving these stocks.
Twilio's (TWLO) third-quarter earnings are likely to have benefited from the SendGrid buyout. Moreover, growing traction of new products is likely to have been a tailwind.
Twilio Inc. (TWLO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
(Bloomberg) -- Software companies fell on Friday, extending recent losses after results from Atlassian Corp. topped analyst forecasts yet failed to provide enough upside to assuage concerns over the group’s valuation.Atlassian shares dropped as much as 11% to their lowest level since May. The stock was on track for its third straight decline, as was Veeva Systems Inc., off 5.4%, and ServiceNow Inc., down 3.8%, which reports its own results next week. Coupa Software Inc. sank 8.4% in its fourth straight drop, a period over which it has shed more than 20% of its valuation. Twilio Inc. was down 4.5%. Alteryx Inc. was down 7.2% and Crowdstrike Holdings Inc. dropped 7.3%, heading for the eighth decline in the past nine sessions.A basket of high-multiple software stocks tracked by Goldman Sachs fell 5.7% in its fifth straight decline, hitting its lowest since March, while the Russell Midcap Technology Growth Index was down 2.2%.“When investors have lost conviction, it usually means the best strategy is to stay conservative until the coast is at least somewhat clear,” wrote Richard Davis, an analyst at Canaccord Genuity. “We are in that time in the cycle.”Davis has a buy rating on Atlassian, writing that it “fits the description of a safe harbor company.” However, he said the stock has a “high-ish valuation” and suggested that multiples could be hard to justify. “In this macro environment,” he wrote, “if anyone expected an over-sized guide up, they haven’t been paying attention.”Recent weakness in the sector included both Workday Inc. and Zoom Video Communications Inc. tumbling in the wake of their respective investor events, which underlined growth concerns.Atlassian’s results included a raised full-year revenue forecast, and Cowen wrote that this could ease broader concerns over the sector.This “was one of the more anticipated prints in software as a result of emerging macro concerns in the space and it being one of the first to report,” analyst J. Derrick Wood wrote. The “solid numbers & outlook, along with constructive commentary on stable demand conditions, should give investors greater comfort in the potential for stability in software spending.”To contact the reporter on this story: Ryan Vlastelica in New York at email@example.comTo contact the editors responsible for this story: Catherine Larkin at firstname.lastname@example.org, Jim SilverFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
High-growth tech firms have lost significant market value in the first half of October. TTD, NOW, OKTA, and TWLO are all trading lower today.
Guess?, Ollie???s Bargain Outlet, Twilio, Wix.com and Shopify highlighted as Zacks Bull and Bear of the Day
While Twilio Inc. (NYSE:TWLO) shareholders are probably generally happy, the stock hasn't had particularly good run...
Data analytics company Alteryx (AYX) is down over 5% today. Several tech stocks have corrected significantly this month. Let's take a closer look.
Technology stocks such as Shopify were on fire in this year's first half. However, market weakness and valuation concerns hurt tech stocks this month.
Microsoft, Twilio, and Splunk shares were higher in early market trading today. While Microsoft rose 2%, Twilio and Splunk rose 1.7% and 2.5%, respectively.
Overvalued tech stocks such as Alteryx and Twilio lost market value yesterday. They're also sliding today as investors are wary about valuations and growth.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
The Technology Select Sector ETF (XLK) has fallen 0.8% on the day. Several tech stocks are trading in the red, particularly the overvalues stocks.