Twilio (TWLO) benefited immensely last year as the pivot to digital services got accelerated by the coronavirus. In tandem with revenue increasing in each successive quarter, the messaging platform’s stock soared to new heights, reaching its apex in February. As has happened to many tech high-flyers, the shares have pulled back since. However, heading into today’s Q1 earnings (Wed May 5, AMC), Monness analyst Brian White thinks that valuation remains a sticking point.
https://www.tipranks.com/news/article/twilio-will-trounce-low-q1-estimates-but-valuation-remains-an-issue-says-monness