Klaviyo, Inc. (NYSE:KVYO) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Klaviyo, Inc. (NYSE:KVYO) have been given a consensus recommendation of “Moderate Buy” by the twenty-two ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and nineteen have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $44.30.

A number of analysts have recently weighed in on KVYO shares. Robert W. Baird reduced their price target on shares of Klaviyo from $44.00 to $39.00 and set an “outperform” rating for the company in a research note on Friday, September 26th. Citigroup upgraded Klaviyo from a “neutral” rating to a “buy” rating and upped their target price for the stock from $40.00 to $50.00 in a research report on Thursday, August 7th. Stifel Nicolaus cut their target price on Klaviyo from $45.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, July 15th. Zacks Research upgraded Klaviyo to a “strong sell” rating in a report on Friday, August 8th. Finally, Benchmark upped their price target on shares of Klaviyo from $44.00 to $46.00 and gave the company a “buy” rating in a report on Wednesday, August 6th.

Klaviyo Stock Performance

Shares of KVYO stock opened at $25.58 on Friday. Klaviyo has a 1 year low of $23.77 and a 1 year high of $49.55. The stock has a fifty day moving average of $31.24 and a two-hundred day moving average of $31.65. The firm has a market capitalization of $7.67 billion, a PE ratio of -102.32 and a beta of 1.26.

Klaviyo (NYSE:KVYO) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.03. The business had revenue of $293.12 million during the quarter, compared to the consensus estimate of $275.97 million. Klaviyo had a negative net margin of 6.19% and a negative return on equity of 1.12%. The company’s quarterly revenue was up 31.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.15 earnings per share. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts predict that Klaviyo will post 0.04 earnings per share for the current fiscal year.

Insider Buying and Selling at Klaviyo

In related news, CEO Andrew Bialecki sold 159,508 shares of the stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $25.30, for a total transaction of $4,035,552.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Summit Partners L. P sold 4,000,000 shares of the stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $31.87, for a total transaction of $127,480,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 5,570,503 shares of company stock valued at $176,637,281. Corporate insiders own 49.92% of the company’s stock.

Institutional Investors Weigh In On Klaviyo

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Klaviyo by 9.7% in the 1st quarter. Vanguard Group Inc. now owns 8,467,933 shares of the company’s stock valued at $256,240,000 after acquiring an additional 746,078 shares in the last quarter. Encompass More Asset Management purchased a new stake in shares of Klaviyo in the first quarter valued at $549,000. Raymond James Financial Inc. lifted its holdings in shares of Klaviyo by 85.4% in the first quarter. Raymond James Financial Inc. now owns 545,159 shares of the company’s stock valued at $16,497,000 after purchasing an additional 251,104 shares in the last quarter. WCM Investment Management LLC lifted its holdings in shares of Klaviyo by 27.7% in the first quarter. WCM Investment Management LLC now owns 390,119 shares of the company’s stock valued at $12,101,000 after purchasing an additional 84,715 shares in the last quarter. Finally, Jump Financial LLC purchased a new stake in shares of Klaviyo in the first quarter valued at $3,249,000. 45.43% of the stock is owned by hedge funds and other institutional investors.

Klaviyo Company Profile

Klaviyo, Inc, a technology company, provides a software-as-a-service platform in the United States, other Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers Klaviyo, a cloud-native platform for data store, segmentation engine, campaigns and flows, and messaging infrastructure.