B of A Securities Raises Twilio (TWLO) Price Target to $320

B of A Securities has reaffirmed its Buy rating on Twilio, raising its price target to $320, a 32.27% upside from the current price.

By TradeTexts Research Desk · Published Oct 16, 2026, 11:15 AM EDT · Updated Oct 16, 2026, 2:10 PM EDT

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B of A Securities raised its price target on Twilio Inc. ($TWLO) to $320 from $270 on October 14, 2026, and rates the stock "Buy".

Since the rating, $TWLO is down 9.9% to date (from the $271.12 close on Oct 14, 2026).

TWLO Twilio Inc.

$244.37 +76.62% year to date

Daily close · Oct 16, 2026

Key Points

B of A Securities reiterated its Buy rating on Twilio Inc. (NYSE: TWLO) and raised the price target from $270 to $320.
B of A Securities's $320 price target implies 32.27% upside from Twilio Inc.'s ($TWLO) current $241.93 share price.
Currently, Twilio shares are trading at $241.93, below the updated price target, suggesting room for growth.
The stock has a P/E ratio of 37.8 and has shown strong revenue growth of 22% over the last year.

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B of A Securities has reiterated its Buy rating on Twilio Inc. (NYSE: TWLO) and raised its price target from $270 to $320. Shares were priced at $241.93 as of the latest market close on Friday, October 14, 2026, reflecting an encouraging outlook from the firm.

Analyst rating track record

B of A Securities vs. the S&P 500

YTD return -13.51% hypothetical

All-time return -13.51% S&P 500 +4.27%

vs. S&P 500 -17.78% behind the index

Hypothetical returns from B of A Securities's disclosed trades, not real profit or advice. How we model this.

B of A Securities' Call on Twilio

B of A's new target of $320 suggests that the firm's analysts see significant upside potential in Twilio’s stock. This change comes as analysts maintain a positive long-term view on the company's customer engagement solutions, which continue to gain traction in the technology sector.

Other Institutional Activity in Twilio

Several other institutional investors have also adjusted their positions in Twilio. Blackrock Inc. grew its holdings by 23,249 shares, ending with 16,630,023 shares worth about $3.99 billion. JPMorgan Chase & Co. added 2,850,492 shares, bringing its total to 12,224,027 shares valued at approximately $2.94 billion. However, FMR, LLC and Vanguard Portfolio Management LLC both reduced their stakes, trimming shares by 267,753 and 438,021, respectively.

Twilio Inc. Stock Down 10.8%

Twilio shares are currently trading at $241.93, which is notably below the 52-week high of $308.40. The stock's performance is an important factor as it trades near the 50-day moving average of $251.33, indicating potential volatility as it approaches this key level.

12-month forecast

$TWLO price target

Twilio Inc. daily closes and this analyst's $320 target. Not advice.

Recent Earnings

In its most recent earnings report, Twilio generated revenue of approximately $5.57 billion, with a year-over-year growth rate of 22%. The company reported an EPS of 7.23 and a net margin of 20.6%, indicating solid profitability. The next earnings report is expected on October 29, 2026.

Insider Buying and Selling at Twilio Inc.

Recent insider transactions reveal that Chief Executive Officer Khozema Shipchandler sold 14,442 shares valued at about $4.2 million on October 5, 2026. Chief Financial Officer Aidan Viggiano sold 1,394 shares worth approximately $326,863 on August 17, 2026. Director Andrew J. Stafman sold 500,000 shares at an average price of $247.08 for a total value of about $123.54 million on August 12, 2026.

Analysts Set New Price Targets

On October 16, 2026, BTIG maintained a Buy rating on Twilio with a revised price target of $315, up from $285. This follows B of A's move to raise its target to $320. Additionally, JP Morgan has an Overweight rating with a target of $335, while TD Cowen also maintains a Buy rating with a target of $300.

About Twilio

Twilio Inc. is a technology company based in San Francisco that provides a platform for customer engagement through various communication methods like messaging, voice, and video. Its services enable businesses to interact with customers effectively, making it a key player in the software infrastructure industry.

Bottom Line

Investors should keep an eye on Twilio’s upcoming earnings report on October 29, 2026. As a reminder, analyst ratings are based on past performance and market conditions may change. The reaffirmed Buy ratings from firms like B of A Securities and BTIG may indicate positive sentiment for the stock moving forward.