Buy at these levels (I know it is really early) and hold to end of October or first week of November for earnings. Continue to hold until it matches legacy software valuations.
Here are some stats to start: 3.3x sales of 944M last quarter, down 85% from ATH, growth rate of 41% with 31-32% guidance next earnings.
This company stock price has taken a hit since November 2021 and has not seen any sort of recovery since. It is a clear down slope while making new 52w lows just last week. It is beaten up to the max and buying this now at this level makes it contrarian bet for turnaround. Yes this company loses whole bunch of money, last quarter was 300M loss. Also it has some bad news being hacked linked to OKTA and so on.
However, a lot of bad news have already been baked into the stock price. As my previous post with adding Asana to your portfolio, I believe this is the right time to also add Twilio to the mix. It has become stupid cheap like no other software valuation.
GLTA
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