Twilio is a leading candidate for inclusion in the S&P 500 index. Stephens analysts identified the company as a top contender for the quarterly rebalancing. S&P Dow Jones Indices is expected to announce the update after the market closes on Friday, September 4, 2026.

The company currently trades as part of the S&P MidCap 400. Analysts believe its graduation to the large-cap benchmark will minimize disruption for fund managers.

Inclusion would require S&P 500 index funds to purchase the stock. This forced buying pressure is expected to boost the share price in the short term. The changes become effective before the market opens on Monday, September 21.