TWLO the next PTON ???

Twilio lets companies converse with customers through text messages.
The company expects to be profitable on a non-GAAP basis in 2023.

But it already has a mk cap of 36.02Bil + 19% in the pre-market, it`s a 42.84 Mk cap for a non profitable company.
How further the growth thesis go if Royal Bank of Canada has a Price target of $400 for it???

Even though it is trending now, in my opinion Twilio will be the next Peloton because of its ack of profitability.
My price target is $130.

Q4 loss of $291.4 million
quarterly loss of $0.20 per share VS a loss of $0.21 Zacks Consensus Estimate VS earnings of $0.04 per share a year ago.

Fourth-quarter revenue increased to $842.7 million VS analysts’ average estimate of $768.6 million.

Looking forward to read your opinion about it.



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