# TWLO Stock vs the S&P 500: Returns, Risk and Crash History

> Twilio Inc., technology (market value $32.8 billion), an S&P 500 member: how it compared with the S&P 500, how it behaved in every crash since 2008, its risk‑adjusted returns and what analysts said. Returns to Oct 30, 2026; analyst data as of Nov 9, 2026.

Source: https://www.exent.ai/stocks/twlo · Reviewed by David, Senior Analyst, Exent · Published Oct 29, 2026 · Updated Nov 11, 2026

## Key takeaways

- TWLO returned −29.6% over the 5 years to Oct 30, 2026 versus +75.9% for the S&P 500: it lagged the index.
- Its 5-year Sharpe ratio was 0.10 against 0.58 for the S&P 500.
- Its deepest crisis drawdown was −74.9% in the 2022 inflation bear market (S&P 500: −25.4%).
- Five‑year volatility was 59.6% and beta 1.49.
- 29 analysts rated it in the past year; 76% of their latest calls were Buy.
- TWLO beat earnings estimates in 12 of its last 12 reports; the stock moved 13.2% on average, up or down, around each report.

## Did TWLO beat the S&P 500?

Over the 5 years to Oct 30, 2026, Twilio Inc. (TWLO) returned **−29.6%** including dividends, versus **+75.9%** for the S&P 500 (SPY). It lagged the index by 105.5 percentage points, or −6.8% a year against +12.0%.

| Period | TWLO | S&P 500 | TWLO per year | S&P 500 per year | Result |
| --- | --- | --- | --- | --- | --- |
| 1 year | +52.0% | +12.0% | +52.0% | +12.0% | Beat |
| 3 years | +300.0% | +87.4% | +58.7% | +23.3% | Beat |
| 5 years | −29.6% | +75.9% | −6.8% | +12.0% | Lagged |
| 10 years | +500.9% | +316.3% | +19.6% | +15.3% | Beat |

Total return with dividends reinvested, from month-end prices to Oct 30, 2026. Beating the index on raw return is only half the story: the next section adjusts for the risk taken. See also [how to beat the S&P 500](https://www.exent.ai/beat-the-market).

TWLO is in the [S&P 500](https://www.exent.ai/stocks/sp-500) (members as of Oct 20, 2026); the list shows every member’s return against the index.

## What Wall Street analysts say about TWLO

In the 12 months to 30 days ago, 29 analysts published 292 ratings on TWLO. Their latest calls were 76% Buy, 14% Hold and 10% Sell. 13 of them rank 4★ or higher in Exent’s analyst scoring, which is based on each analyst’s past price‑target hit rate and returns.

The consensus 12‑month price target was $276.40 (range $215.00–$330.00), +29.0% from the last price. Remember that the average analyst’s target is hit only about half the time: [how accurate are price targets?](https://www.exent.ai/resources/are-analyst-price-targets-accurate)

| Top‑ranked analyst covering | Firm | Stars | Price‑target hit rate |
| --- | --- | --- | --- |
| Members only | Members only | 5.0★ | 63.0% |
| Members only | Members only | 4.9★ | 55.8% |
| [William Power](https://www.exent.ai/analysts/william-power) | [Robert W. Baird](https://www.exent.ai/firms/robert-w-baird) | 4.9★ | 59.8% |
| [Peter Weed](https://www.exent.ai/analysts/peter-weed) | [Bernstein](https://www.exent.ai/firms/bernstein) | 4.8★ | 55.6% |
| [Stephen Bersey](https://www.exent.ai/analysts/stephen-bersey) | HSBC | 4.8★ | 72.5% |

Other analysts covering TWLO: [Nick Altmann](https://www.exent.ai/analysts/nick-altmann) · [Koji Ikeda](https://www.exent.ai/analysts/koji-ikeda) · [Ittai Kidron](https://www.exent.ai/analysts/ittai-kidron) · [Alex Zukin](https://www.exent.ai/analysts/alex-zukin) · [Ivan Feinseth](https://www.exent.ai/analysts/ivan-feinseth) · [James Fish](https://www.exent.ai/analysts/james-fish)

Ratings are shown with a 30‑day delay. Who the top‑ranked analysts on TWLO are, their live calls and the median target of only the top‑rated analysts are in [Exent Gems](https://www.exent.ai/radar).

The average analyst’s target is reached about 53.1% of the time; Exent Gems is built on the top 50 of Exent’s ranking,where some reached 90% or more over the last two years. [Unlock the top 50 analysts](https://www.exent.ai/radar).

## TWLO returns by year vs the S&P 500

TWLO beat the S&P 500 in 5 of the 9 full calendar years shown.

| Year | TWLO | S&P 500 | Difference |
| --- | --- | --- | --- |
| 2026 (to Oct 30, 2026) | +44.1% | +11.7% | +32.4% |
| 2025 | +31.6% | +17.7% | +13.9% |
| 2024 | +42.5% | +24.9% | +17.6% |
| 2023 | +55.0% | +26.2% | +28.8% |
| 2022 | −81.4% | −18.2% | −63.2% |
| 2021 | −22.2% | +28.7% | −50.9% |
| 2020 | +244.4% | +18.3% | +226.1% |
| 2019 | +10.1% | +31.2% | −21.1% |
| 2018 | +278.4% | −4.6% | +283.0% |
| 2017 | −18.2% | +21.7% | −39.9% |

## TWLO risk-adjusted returns: Sharpe, Sortino and volatility

Over 5 years, TWLO had a Sharpe ratio of **0.10** against 0.58 for the S&P 500, so it earned less return per unit of risk than the index. Its annualized volatility was 58.0% and its beta 1.49: it tended to move about 1.5× as much as the market.

| Metric | TWLO | S&P 500 |
| --- | --- | --- |
| Annual return | −6.8% | +12.0% |
| Volatility (annualized) | 58.0% | 15.5% |
| Sharpe ratio | 0.10 | 0.58 |
| Sortino ratio | 0.15 | 0.91 |
| Max drawdown (month-end) | −83.2% | −23.9% |
| Beta to the S&P 500 | 1.49 | 1.00 |

[Sharpe](https://www.exent.ai/learn/sharpe-ratio) divides return above cash by total volatility; [Sortino](https://www.exent.ai/learn/sortino-ratio) counts only downside volatility. Both use monthly returns and the 1–3 month T‑bill ETF (BIL) as the risk‑free rate.

## How TWLO behaved in past crashes

TWLO’s deepest fall in the crises below was **−74.9%** in the 2022 inflation bear market, against −25.4% for the S&P 500. The last column turns that into money: what a $100,000 position would have lost from peak to trough.

| Crisis | TWLO | S&P 500 | Loss on $100,000 |
| --- | --- | --- | --- |
| 2018 trade-war selloff | −27.1% | −20.2% | −$27,050 |
| COVID crash (Feb–Mar 2020) | −44.0% | −34.1% | −$44,010 |
| 2022 inflation bear market | −74.9% | −25.4% | −$74,860 |
| 2025 tariff selloff | −32.9% | −19.0% | −$32,900 |

| Window | TWLO max drawdown |
| --- | --- |
| Last 1 year | −30.3% |
| Last 3 years | −45.2% |
| Last 5 years | −89.6% |
| Last 10 years | −90.4% |

Peak‑to‑trough declines from daily prices inside each crisis window. A crash replay does not predict the next crisis; it shows how much room a holding needs. Run the same replay on a whole portfolio with the [crash test](https://www.exent.ai/tools/crash-test).

## What moves with TWLO, and what doesn’t

Correlation runs from −1 (moves opposite) to +1 (moves in lockstep). Over the last 60 months of monthly returns, TWLO’s correlation with the S&P 500 was **0.40**, with the Nasdaq‑100 0.54, with long Treasuries (TLT) 0.11 and with gold (GLD) −0.07.

Adding a 5% TWLO position to an S&P 500 portfolio would have moved its 5‑year volatility from 15.5% to 16.1%.

| Least correlated large caps | Correlation | Most correlated large caps | Correlation |
| --- | --- | --- | --- |
|  | −0.33 |  | 0.64 |
|  | −0.31 |  | 0.56 |
|  | −0.30 |  | 0.55 |
|  | −0.30 |  | 0.55 |
|  | −0.30 |  | 0.49 |

Holdings that are highly correlated behave like one position in a selloff. See [how to find hidden overlap](https://www.exent.ai/resources/is-my-portfolio-diversified).

## Latest TWLO upgrades, downgrades and price‑target changes

| Date | Rating and target | Analyst |
| --- | --- | --- |
| Nov 4 | Target raised Buy Target $320, was $255 | [Ivan Feinseth](https://www.exent.ai/analysts/ivan-feinseth) Tigress Financial |
| Oct 30 | Target cut Hold Target $226, was $247 | [James Fish](https://www.exent.ai/analysts/james-fish) Piper Sandler |
| Oct 29 | Target cut Buy Target $275, was $300 | [Ryan MacWilliams](https://www.exent.ai/analysts/ryan-macwilliams) Wells Fargo |
| Oct 27 | Target raised Buy Target $300, was $275 | [Ryan MacWilliams](https://www.exent.ai/analysts/ryan-macwilliams) Wells Fargo |
| Oct 21 | Target raised Buy Target $325, was $275 | [Ittai Kidron](https://www.exent.ai/analysts/ittai-kidron) Oppenheimer |
| Oct 16 | Target raised Buy Target $315, was $285 | [Nick Altmann](https://www.exent.ai/analysts/nick-altmann) BTIG |
| Oct 14 | Target raised Buy Target $320, was $270 | [Koji Ikeda](https://www.exent.ai/analysts/koji-ikeda) Bank of America Securities |
| Sep 24 | Downgrade Sell Target $211 | [Stephen Bersey](https://www.exent.ai/analysts/stephen-bersey) HSBC |
| Sep 24 | Downgrade Sell Target $211 | Sameer Lam HSBC |
| Sep 23 | Target raised Buy Target $300, was $275 | J. Parker Lane Stifel Nicolaus |
| Sep 22 | Target raised Buy Target $290, was $275 | Catharine Trebnick Rosenblatt Securities |
| Sep 22 | Target raised Buy Target $300, was $260 | Derrick Wood TD Cowen |

Named analysts’ rating and price‑target changes on TWLO in the 5 weeks to Oct 12, 2026, shown 30 days after publication (the free analysts’ calls 3 days after). The top‑ranked analysts’ calls are in [Exent Gems](https://www.exent.ai/radar). [See all of the latest analyst upgrades and downgrades](https://www.exent.ai/analysts/upgrades).

## Do analysts get TWLO right?

Of the 754 analyst price targets on TWLO set from 2019 until a year ago, **61.7%** were reached within 12 months (data to Oct 20, 2026), 6.9 points below the 68.6% hit rate of the median stock in Exent’s study of 794 stocks. Targets that were reached took a median of 46 days. The median target sat 17.0% above the share price on the day it was set.

Where analysts said TWLO would be by now: a year ago, 17 analysts had a price target on TWLO, and the median of their latest targets was **$145.00**. On Oct 20, 2026 TWLO closed at $258.54, 78.3% above it.

- **61.7%** of targets reached within 12 months

- **46 days** median time to reach a target

- **+78.3%** price now vs the median target set a year ago

| After | Calls | Move on the call | 3 months vs S&P 500 |
| --- | --- | --- | --- |
| Upgrades of TWLO | 17 | +3.3% | +6.4% |
| Upgrades, all stocks | 11,514 | +2.5% | +3.4% |
| Downgrades of TWLO | 25 | −8.7% | −0.5% |
| Downgrades, all stocks | 10,700 | −3.0% | −1.6% |

The move on the call runs from the close before the rating change to the close after it; the last column is the stock’s return minus the S&P 500’s over the next three months. Averages of rating changes on TWLO through Sep 15, 2026; analysts are not named here. [Do analyst upgrades move stocks?](https://www.exent.ai/resources/do-analyst-upgrades-move-stocks)

## How TWLO moves after earnings

TWLO beat the consensus earnings‑per‑share estimate in **12 of its last 12** quarterly reports, through the one on Aug 6, 2026, and the revenue estimate in 12 of 12. From the close before each report to the close after it, the stock moved 13.2% on average, up or down, against 6.8% for the average report across the 1,002 US stocks Exent tracks. It rose after 8 of the 12 reports. In 4 of the 12 beats the stock still fell.

- **12/12** earnings beats

- **±13.2%** average move per report

- **8/12** reports followed by a rise

| Report | EPS vs estimate | Revenue vs estimate | Stock move |
| --- | --- | --- | --- |
| Aug 6, 2026 | $1.47 vs $1.32 | +4.8% | +24.9% |
| Apr 30, 2026 | $1.50 vs $1.27 | +4.7% | +30.1% |
| Feb 12, 2026 | $1.33 vs $1.23 | +3.4% | +2.3% |
| Oct 30, 2025 | $1.25 vs $1.07 | +3.8% | +20.8% |
| Aug 7, 2025 | $1.19 vs $1.05 | +3.4% | −24.2% |
| May 1, 2025 | $1.14 vs $0.96 | +2.9% | +3.5% |
| Feb 13, 2025 | $1.00 vs $0.99 | +1.0% | −13.4% |
| Oct 30, 2024 | $1.02 vs $0.86 | +3.6% | +13.1% |

Reported earnings per share against the consensus estimate, revenue surprise in percent, and the stock’s price change over the two sessions around the report. [How stocks move after earnings](https://www.exent.ai/resources/how-stocks-move-after-earnings)

## Where TWLO’s revenue comes from

In fiscal 2025 (the year to Dec 31, 2025), TWLO’s largest reported region was the United States, with 64.1% of its $5.1 billion revenue. By region: United States 64.1%; Non-US 35.9%.

By business, the largest segment was Messaging, with 73.3% of $3.9 billion revenue.

| Segment | Revenue | Share | Growth |
| --- | --- | --- | --- |
| Messaging | $2.9 billion | 73.3% | — |
| Other Communications | $746.5 million | 19.0% | — |
| Segment | $303.3 million | 7.7% | — |

From TWLO’s annual filings; segment growth compares fiscal 2025 with the year before. Regions are as each company reports them, so one company’s “Asia Pacific” is not another’s. China counts the regions a company reports as China, Greater China or Hong Kong; a separately reported Taiwan is not counted. [Which S&P 500 companies depend most on China?](https://www.exent.ai/resources/sp-500-china-revenue-exposure)

## Members of Congress who traded TWLO

As of Oct 20, 2026, **5 members of Congress** had disclosed 24 trades in TWLO (12 buys and 12 sales) in STOCK Act disclosures filed with the House and Senate. The latest public trade is dated May 4, 2026.

| Trade date | Member | Type | Amount |
| --- | --- | --- | --- |
| May 4, 2026 | [Josh Gottheimer](https://www.exent.ai/congress/josh-gottheimer) | Buy | $1,001–$15,000 |
| Apr 17, 2025 | [Josh Gottheimer](https://www.exent.ai/congress/josh-gottheimer) | Sale | $1,001–$15,000 |
| Mar 4, 2025 | [Rob Bresnahan](https://www.exent.ai/congress/rob-bresnahan) | Buy | $1,001–$15,000 |
| Feb 25, 2025 | [Rob Bresnahan](https://www.exent.ai/congress/rob-bresnahan) | Buy | $1,001–$15,000 |
| Feb 6, 2025 | [Josh Gottheimer](https://www.exent.ai/congress/josh-gottheimer) | Buy | $1,001–$15,000 |
| Jan 31, 2025 | [Josh Gottheimer](https://www.exent.ai/congress/josh-gottheimer) | Buy | $1,001–$15,000 |
| Aug 25, 2023 | [Morgan McGarvey](https://www.exent.ai/congress/morgan-mcgarvey) | Sale | $1,001–$15,000 |
| Nov 28, 2022 | [Charles "Chuck" Fleischmann](https://www.exent.ai/congress/charles-chuck-fleischmann) | Sale | $1,001–$15,000 |
| Oct 21, 2022 | [Ro Khanna](https://www.exent.ai/congress/ro-khanna) | Sale | $1,001–$15,000 |
| Jun 27, 2022 | [Ro Khanna](https://www.exent.ai/congress/ro-khanna) | Sale | $1,001–$15,000 |

Amounts are the ranges members report, not exact values. The STOCK Act gives members up to 45 days to disclose a trade, so trades appear weeks after they are made. [See every member’s disclosed trades](https://www.exent.ai/congress)

## Are TWLO insiders buying or selling?

In the 12 months to Oct 20, 2026, TWLO insiders made **no open‑market purchases** and **88 sales** worth $618.6 million, according to SEC Form 4 filings. The last open‑market purchase on record was on Feb 24, 2023.

After the 6 insider purchases of $10,000 or more since 2012, TWLO beat the S&P 500 by an average of 32.3 percentage points over the next 12 months; 50% of them were followed by a beat. Across all 17,865 insider purchases in Exent’s study, the average was +17.2% and the median +1.0% against the index.

| Date | Insider | Role | Value |
| --- | --- | --- | --- |
| Feb 24, 2023 | Dubinsky Donna | Director | $250,558 |
| Feb 24, 2023 | Lawson Jeff | Director, 10 percent owner, officer: Chief Executive Officer | $2.1 million |
| Nov 11, 2021 | Immelt Jeffrey R | Director | $1.0 million |
| Aug 5, 2019 | Immelt Jeffrey R | Director | $1.0 million |
| May 11, 2017 | McGeever James | Director | $231,920 |

The table lists the latest open‑market purchases on record, leaving out the last 30 days. The chart counts Form 4 purchases and sales by calendar quarter. Purchases are open‑market buys; sales include planned sales under 10b5‑1 trading plans. [Do insider buys beat the market?](https://www.exent.ai/resources/do-insider-buys-beat-the-market)

## How much of TWLO is sold short?

As of the Sep 30, 2026 settlement date, **4.15%** of TWLO’s float was sold short: 6.3 million shares, or 1.9 days of average trading volume to cover. A year earlier (Oct 15, 2025) it was 4.14%. The median across the 997 US stocks Exent tracks was 4.77%, so TWLO is less heavily shorted than most.

From FINRA short‑interest reports, filed twice a month; the bars show the short share of the float at each month‑end. Days to cover divides the shares short by the average daily volume. [The most shorted stocks](https://www.exent.ai/resources/most-shorted-stocks)

## How many institutions own TWLO?

At the end of Q2 2026 (Jun 30, 2026), **1,032 institutions** reported holding TWLO in 13F filings, up 167 from the quarter before and up from 887 a year earlier. Their reported holdings add up to 91.5% of TWLO’s shares. In the quarter 552 institutions added to their positions and 319 cut them.

- **1,032** 13F holders

- **231** new positions

- **75** positions closed

- **91.5%** of shares held by 13F filers

Investment managers with over $100 million in US equities file 13F reports within 45 days of each quarter end, so this is the latest complete quarter. Holdings can add up to more than 100% when shares are lent and counted twice. [Which stocks institutions are buying and selling](https://www.exent.ai/resources/institutional-ownership-13f-changes)

## Is TWLO diluting shareholders?

TWLO’s diluted share count **rose 8.9%** over the five fiscal years to fiscal 2025 and fell 3.7% in fiscal 2025 alone. Each share now owns a smaller slice of the company. The median change across the 1,005 US stocks Exent tracks was −0.1%.

Stock‑based compensation was $600.4 million in fiscal 2025, 11.8% of revenue. TWLO spent $868.9 million buying back shares, a buyback yield of 2.41% of its market value; stock pay equaled 69.1% of the buybacks.

- **−3.7%** share count, 1 year

- **+8.9%** share count, 5 years

- **11.8%** stock pay as % of revenue

- **2.41%** buyback yield

Weighted‑average diluted shares from TWLO’s annual income statements; stock‑based compensation and buybacks from its cash‑flow statement. [Stock dilution and stock‑based compensation, explained](https://www.exent.ai/resources/stock-dilution-and-stock-based-compensation)

## TWLO financial health scores

In Exent’s Oct 20, 2026 snapshot, TWLO’s Altman Z‑score was **12.66**, in the safe zone (where 465 of the 794 non‑financial US stocks Exent tracks sit). Its Piotroski F‑score was **5 out of 9**; 80% of scored stocks reach 5 or more.

- **12.66** Altman Z‑score: safe zone

- **5/9** Piotroski F‑score

The Altman Z‑score combines five balance‑sheet and earnings ratios into one bankruptcy‑risk score: below 1.81 is the distress zone, 1.81–2.99 grey, above 2.99 safe. It is not meaningful for banks, insurers and REITs. The Piotroski F‑score counts nine yes/no tests of profitability, leverage and efficiency; 8–9 is strong, 0–2 weak. Both come from the latest annual statements. [Which stocks have the highest bankruptcy risk?](https://www.exent.ai/resources/altman-z-score-bankruptcy-risk-stocks)

## What TWLO talks about on earnings calls

On its latest earnings call (Aug 6, 2026), TWLO’s executives and analysts mentioned AI **59 times**, against 66 on the call before (Apr 30, 2026); the average across 455 S&P 500 calls that quarter was 12.9. After AI, the most mentioned topic was ai agents (8). Tariffs and recession did not come up.

| Mentions | Aug ’26 | Apr ’26 | Feb ’26 | Oct ’25 |
| --- | --- | --- | --- | --- |
| AI | 59 | 66 | 44 | 58 |
| AI agents | 8 | 4 | 8 | 5 |
| Data centers | 0 | 0 | 0 | 0 |
| Tariffs | 0 | 0 | 0 | 0 |
| China | 0 | 0 | 0 | 0 |
| Recession | 0 | 0 | 0 | 0 |

Word counts in the full transcript of each call, prepared remarks and Q&A, newest first. “AI” also counts generative AI and large language models; “AI agents” counts agentic AI. [Which companies talk most about AI?](https://www.exent.ai/resources/ai-mentions-on-earnings-calls)

## Which ETFs hold TWLO?

As of Oct 20, 2026, **60** of the 304 ETFs Exent tracks held TWLO. Its largest weight is in PTF (Invesco Dorsey Wright Technology Momentum ETF), at 3.58% of the fund.

| ETF | Fund | Weight of TWLO |
| --- | --- | --- |
| PTF | Invesco Dorsey Wright Technology Momentum ETF | 3.58% |
| [VBK](https://www.exent.ai/etfs/vbk) | Vanguard Small-Cap Growth Index Fund ETF Shares | 1.28% |
| [VB](https://www.exent.ai/etfs/vb) | Vanguard Small-Cap Index Fund ETF Shares | 0.57% |
| [VXF](https://www.exent.ai/etfs/vxf) | Vanguard Extended Market Index Fund ETF Shares | 0.54% |
| FBCG | Fidelity Blue Chip Growth ETF | 0.53% |
| FNDA | Schwab Fundamental U.S. Small Company Index ETF | 0.37% |
| [IWS](https://www.exent.ai/etfs/iws) | iShares Russell Mid-Cap Value ETF | 0.32% |
| JQUA | JPMorgan U.S. Quality Factor ETF | 0.31% |

Owning several of these funds stacks the same position. [How much do VOO, QQQ and VTI overlap?](https://www.exent.ai/resources/etf-overlap-voo-qqq-vti)

## How much is TWLO’s CEO paid?

Khozema Shipchandler, TWLO’s Chief Executive Officer, received total pay of **$24.3 million** for fiscal 2025, down 10.7% from $27.2 million for fiscal 2024, according to the company’s [proxy statement](https://www.sec.gov/Archives/edgar/data/1447669/000114036126017444/0001140361-26-017444-index.htm) filed with the SEC on Apr 28, 2026. 88% of it came as stock and option awards, valued when they were granted rather than when they pay out. The median CEO pay across the 378 S&P 500 companies Exent tracks was $17.2 million.

| Pay component | Amount | Share of total |
| --- | --- | --- |
| Salary | $1.1 million | 4.5% |
| Stock and option awards | $21.4 million | 88.1% |
| Incentive plan (cash) | $1.5 million | 6.2% |
| Other | $286,378 | 1.2% |

| Other top executives | Role | Total pay, 2025 |
| --- | --- | --- |
| Aidan Viggiano | Chief Financial Officer | $9.5 million |

Figures from the summary compensation table of the proxy statement; awards count at their grant‑date value, so one large multi‑year grant can make a single year stand out. [CEO pay across the S&P 500](https://www.exent.ai/resources/ceo-pay-sp-500)

## The right benchmark for TWLO

Exent matches every holding to the index with the most similar risk. For TWLO that is **QQQ** (the Nasdaq‑100). Comparing a holding with an index that carries very different risk makes good results look bad and risky ones look clever. Read [why the S&P 500 is the wrong benchmark for most portfolios](https://www.exent.ai/resources/why-the-sp-500-is-the-wrong-benchmark).

## Other technology stocks

| Ticker | Name | 5‑year return | Volatility (5y) |
| --- | --- | --- | --- |
|  | Apple Inc. | +135.9% | 28.0% |
|  | NVIDIA Corporation | +704.3% | 51.1% |
|  | Microsoft Corporation | +64.0% | 26.5% |
|  | Broadcom Inc. | +570.0% | 44.7% |
|  | Micron Technology, Inc. | +1,211% | 51.9% |
|  | Advanced Micro Devices, Inc. | +319.9% | 58.3% |
|  | Palantir Technologies Inc. | +611.4% | 64.4% |
|  | Oracle Corporation | +45.7% | 40.4% |

## Data and methodology

Returns are total returns from month‑end adjusted closing prices (dividends reinvested) through Oct 30, 2026. Crisis drawdowns and trailing maximum drawdowns use daily prices. Analyst coverage counts ratings published in the last 12 months, shown with a 30‑day delay. Full method: [Exent methodology](https://www.exent.ai/methodology).

Company data as of Oct 20, 2026. The move around an earnings report runs from the close before it to the close after it; a price target counts as hit when the stock closed at or beyond it within 12 months (Exent analyst data). Revenue by region and segment, share counts and executive pay come from company filings; insider trades from SEC Form 4, short interest from FINRA, institutional ownership from 13F filings, Congress trades from STOCK Act disclosures filed with the House and Senate, federal contracts from USAspending.gov. Filings from the last 30 days are shown as counts only.

Past performance does not guarantee future results. Historical figures are calculated by Exent from market data and are for education only; they are not investment advice or a recommendation to buy or sell any security.

## Check TWLO with Exent Gems

Wall Street’s average TWLO price target is 29.0% above the latest share price. See what the best‑ranked analysts on TWLO say now in Exent Gems.

1. Exent ranks Wall Street analysts by their past price‑target hit rate and returns, and keeps the best‑ranked few.
2. Gems shows who the top‑ranked analysts covering TWLO are, their live calls and the median target of only the top‑rated analysts.
3. Gems flags the stocks where several top‑ranked analysts agree: a starting point for your own research, not a promise.

Exent is our product: [Exent Gems](https://www.exent.ai/radar)

Also: [Stress‑test your portfolio with TWLO](https://www.exent.ai/portfolio)

## Frequently asked questions

### Did TWLO beat the S&P 500 over the last 10 years?

Yes. TWLO returned +500.9% (+19.6% a year) over the 10 years to Oct 30, 2026, versus +316.3% (+15.3% a year) for the S&P 500, including dividends.

### Is TWLO in the S&P 500?

Yes. As of Oct 20, 2026, TWLO (Twilio Inc.) is one of the 503 stocks in the S&P 500.

### How much did TWLO fall in the COVID crash?

TWLO fell −44.0% from peak to trough during the covid crash (feb–mar 2020), versus −34.1% for the S&P 500.

### How much did TWLO fall in the 2022 bear market?

TWLO fell −74.9% from peak to trough during the 2022 inflation bear market, versus −25.4% for the S&P 500.

### What is TWLO’s Sharpe ratio?

Over the 5 years to Oct 30, 2026, TWLO’s Sharpe ratio was 0.10 and its Sortino ratio 0.15, versus 0.58 and 0.91 for the S&P 500.

### Is TWLO a volatile stock?

TWLO’s 5‑year annualized volatility was 59.6%, higher than the S&P 500’s 17.0%, with a beta of 1.49.

### What is least correlated with TWLO?

Among large US stocks, the lowest correlations with TWLO over the last 60 months were LMT (−0.33), KO (−0.31), GD (−0.30). Its correlation with long Treasuries (TLT) was 0.11 and with gold (GLD) −0.07.

### Does TWLO usually beat earnings estimates?

TWLO beat the consensus earnings-per-share estimate in 12 of its last 12 quarterly reports through Aug 6, 2026, and the revenue estimate in 12 of 12. The stock moved 13.2% on average, up or down, from the close before each report to the close after it.

### How much does TWLO’s CEO make?

Khozema Shipchandler, TWLO’s Chief Executive Officer, received $24.3 million in total pay for fiscal 2025, including a $1.1 million salary and $21.4 million in stock and option awards valued at grant, according to the proxy statement filed with the SEC on Apr 28, 2026. The median S&P 500 CEO received $17.2 million.

### Have members of Congress traded TWLO?

Yes. As of Oct 20, 2026, 5 members of Congress had disclosed 24 trades in TWLO (12 buys and 12 sales) in STOCK Act disclosures filed with the House and Senate.

### What is TWLO’s short interest?

As of the Sep 30, 2026 settlement date, 4.15% of TWLO’s float was sold short (6.3 million shares, 1.9 days to cover), according to FINRA short-interest reports. A year earlier it was 4.14%.

### Is TWLO diluting shareholders?

Yes. TWLO’s diluted share count rose 8.9% over the five fiscal years to fiscal 2025 and fell 3.7% in the latest year. Stock-based compensation was 11.8% of revenue, and buybacks totaled $868.9 million.

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Educational content, not investment advice. Past performance does not guarantee future results.