Twilio climbs after FY revenue forecast raise

Shares of cloud communications platform Twilio TWLO.N jump 11.2% to $125.5 premarket

Co lifts FY25 revenue growth outlook to 12.4–12.6% from 10%–11%

TWLO reports Q3 adj. EPS of $1.25 vs estimate of $1.08; revenue of $1.30 bln, topping estimate of $1.25 bln

Active customer accounts rose to 392,000 from 320,000 the year prior

Multiple brokerages including Morgan Stanley, Monness Crespi, Wells Fargo, Needham and Mizuho raised PTs on TWLO post-results

Among 30 analysts covering TWLO, avg rating is "buy"; median PT at $135

Upto Thursday's close, TWLO up 4.4% YTD vs NYSE Composite Index's .NYA 12.3% gain