With a market cap of $17.8 billion, Twilio (TWLO) is a cloud communications platform company. Its APIs enable developers to include voice, video, messaging, email, and authentication features in their apps without having to build complex telecommunications infrastructure themselves. Twilio’s core strength is its programmable communication tools, which are used by companies such as Uber (UBER) and Airbnb (ABNB).
Twilio’s stock has fluctuated dramatically, from soaring prices during the tech boom to sharp declines as Twilio prioritized growth over profitability. Recognizing the need for change, Twilio’s management team, led by ex-CEO Jeff Lawson, launched a comprehensive restructuring in 2023 and 2024. So far this year, Twilio stock is up nearly 9%, compared to the broader market gain of 2.5%.
