Twilio price target raised to $200 from $145 at Needham

Needham analyst Joshua Reilly raised the firm’s price target on Twilio (TWLO) to $200 from $145 and keeps a Buy rating on the shares. The company reported a very strong Q1, consistent with expectations, and while the firm’s recent industry conversations highlighted that messaging is accelerating off a very strong start, Twilio proved that with 18% organic messaging growth in Q1 following 16% organic messaging growth in 2025, the analyst tells investors in a research note.