Twilio Stock: Bear vs. Bull
's (NYSE: TWLO) stock closed at a record high of $443.49 on Feb. 18, 2021. That represented a jaw-dropping 2,857% gain from its IPO price of $15 on June 23, 2016. But today, Twilio trades at about $62. Therefore, a $10,000 investment in its IPO would have blossomed to nearly $296,000 before withering back to about $41,000.
A four-bagger gain in six years isn't too bad, but Twilio still burned many investors who hopped aboard the bullish bandwagon during the peak of the meme stock rally. Let's review the bearish and bullish arguments to see if it's safe to buy Twilio again.
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Source Fool.com
Twilio Inc Stock
€57.50
-0.260%
Our community is currently high on Twilio Inc with 10 Buy predictions and 3 Sell predictions.
As a result the target price of 67 € shows a slightly positive potential of 16.52% compared to the current price of 57.5 € for Twilio Inc.
