10 Buzzing AI Stocks on Latest News and Ratings

6. Twilio Inc. (NYSE:TWLO)

Number of Hedge Fund Holders: 52

Twilio Inc. (NYSE:TWLO) is a leading cloud communications platform-as-a-service (CPaaS) company that enables developers to build, scale, and operate real-time communications within software applications. On December 18, Stifel raised the firm’s price target on Twilio to $110 from $80 and kept a “Hold” rating on the shares. The rating was issued as part of a 2025 preview for the software group. According to the analyst, the start of 2024 was rather “bumpy”. However, the year is “ending on a higher note” for the enterprise software group.

The factors driving this good ending are stabilizing/modestly accelerating top-line growth, relatively attractive mid-year multiples, and earlier signs of artificial intelligence monetization, especially among the larger software companies. The analyst also attributed the positive trajectory to declining interest rates, solid economic growth, and a “safe haven” status following the election due to limited to no tariff or China exposure. While the firm anticipates management teams to adopt a conservative approach to Q1 guidance, they also anticipate top-line growth rates to reflect what they have seen during the back half of 2024 on the above-mentioned factors.