Twilio Inc.’s second-quarter revenue jumped 41 percent year-over-year to $943.35 million, beating the consensus. The net loss of $(0.11) per share beat the estimate.
Morgan Stanley analyst Meta Marshall’s Overweight thesis on TWLO factored in the unique value proposition the company has in transforming and optimizing the customer relationship (making it a ‘durable high growth franchise’).
She saw the durability of this growth in Q2, with the company continuing to outgrow expectations. More notably, Meta would expect them to continue to be able to deliver on organic growth expectations for the whole year.
Meta believes the company will achieve breakeven next year. Her base case price target valuation on TWLO is $160….