Billionaire Steve Cohen’s 10 Mid-Cap Stock Picks with Huge Upside Potential

4. Twilio Inc. (NYSE:TWLO)

Upside Potential: 29.05%

Market Cap: $15.28 billion

Twilio Inc. (NYSE:TWLO) is a cloud communications platform that enables businesses to build and scale customer engagement solutions. Headquartered in San Francisco, California, Twilio provides APIs for messaging, voice, video, and authentication, allowing companies to integrate real-time communication into their applications.

Regarding the current macroeconomic environment over trade tariffs, CEO Khozema Shipchandler provided some comfort to investors regarding the company’s ability to overcome volatility. He stated:

“Clearly, it’s a dynamic macroenvironment, and while we have not yet seen any notable adverse impacts to our business through the end of April, we’re continuing to monitor the situation closely.”

Following the announcement of its recent earnings report, analysts are optimistic about Twilio Inc.’s (NYSE:TWLO) future. The company’s revenue for the first quarter of 2025 exceeded expectations, reaching $1.17 billion, which was $33.90 million above the estimated $831 million, showcasing nearly 12% growth compared to the same quarter last year. Furthermore, HSBC upgraded Twilio’s rating from ‘Neutral’ to ‘Hold’, citing positive signs of growth. Out of the 30 analysts on Wall Street following the stock, 66% have a “Buy” recommendation.