Even after Friday’s 20% surge, Goldman Sachs thinks Twilio stock has further room to run. The company raised its rating on the stock to neutral. Additionally, analyst Kash Rangan raised his price target to $185 per share from $77, suggesting the stock could gain 35.8% from Friday’s end. Twlo Ytd Mountain Twilio’s biggest surge in cloud communications stocks since 2025 ended last week. This comes a day after the company offered forward guidance during the day with analysts. Twilio has pledged to take cost cuts and generate $3 billion in free cash flow over the next three years, with about $692 million in free cash flow in 2022, 2023 and 2024. “Believe that Twilio has now reached an inflection point both narratively and fundamentally,” Langer wrote in a research note on Sunday. Analysts say even with the stock’s recent performance, potential upside to revenue growth forecasts and a clearer strategic outlook and generated AI innovation give the stock room to climb higher. “Twilio’s turnaround story is firmly underway and in CY25 we think this remains a compelling entry into solid upside,” Rangan added. Shares are up 26% in January and over the past 12 months The mid-month total was 89.5%. Analysts are somewhat divided on the stock. According to LSEG, 18 of the 31 covering Twilio are Buy or Strong Buy, while the remaining 13 have Hold or Underperform ratings. Baird also upgraded the stock last week, assigning an upside potential of about 40%.