Movement Alert|Twilio Falls 14.73% in After-Hours Trading, Post-Earnings Selloff Deepens After Pre-Report Weakness

Market Focus04:08

On October 30, Twilio fell 14.73% in After-Hours Trading, trading at $202.9 per share, with turnover of $16.73 million.

The move followed the company’s latest quarterly earnings release on October 29, after the stock had already weakened ahead of the report despite multiple analyst price-target increases.

Before the release, consensus expectations called for third-quarter revenue of $1.514 billion, up 20.80% year over year, and adjusted EPS of $1.47, up 35.29%. In the days leading into the report, Wells Fargo raised its target price to $300 from $275, while Oppenheimer lifted its target to $325 and pointed to broad-based demand across regions and verticals, plus solid adoption of VoiceAI, Conversations, and software add-ons. Even with that supportive backdrop, the stock declined both before and during regular trading ahead of earnings, and the latest after-hours fall indicates the report did not support near-term sentiment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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