Klaviyo (NYSE:KVYO) Given New $26.00 Price Target at Piper Sandler

Klaviyo (NYSE:KVYOGet Free Report) had its price target decreased by Piper Sandler from $30.00 to $26.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Piper Sandler’s target price would suggest a potential upside of 11.36% from the company’s current price.

Several other research firms have also recently commented on KVYO. BTIG Research dropped their target price on shares of Klaviyo from $40.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Mizuho set a $37.00 price target on shares of Klaviyo in a research note on Wednesday, February 11th. Stifel Nicolaus decreased their price target on shares of Klaviyo from $40.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Zacks Research lowered shares of Klaviyo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 29th. Finally, Wall Street Zen upgraded shares of Klaviyo from a “hold” rating to a “buy” rating in a research note on Sunday, March 22nd. Eighteen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $32.71.

Get Our Latest Stock Report on KVYO

Klaviyo Trading Up 3.9%

NYSE:KVYO opened at $23.35 on Wednesday. The company has a 50-day moving average price of $18.97 and a 200-day moving average price of $23.92. Klaviyo has a 12 month low of $15.53 and a 12 month high of $37.79. The stock has a market cap of $7.12 billion, a price-to-earnings ratio of -194.55 and a beta of 0.79.

Klaviyo (NYSE:KVYOGet Free Report) last posted its earnings results on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. Klaviyo had a negative net margin of 2.57% and a positive return on equity of 2.03%. The firm had revenue of $350.20 million during the quarter, compared to analysts’ expectations of $333.99 million. During the same period last year, the company posted $0.07 EPS. The company’s quarterly revenue was up 29.6% compared to the same quarter last year. Equities analysts forecast that Klaviyo will post 0.22 EPS for the current fiscal year.

Insider Buying and Selling at Klaviyo

In other Klaviyo news, insider Landon Edmond sold 9,623 shares of the firm’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $20.00, for a total transaction of $192,460.00. Following the completion of the sale, the insider directly owned 584,124 shares in the company, valued at approximately $11,682,480. This trade represents a 1.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Amanda Whalen sold 14,000 shares of the firm’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $18.54, for a total transaction of $259,560.00. Following the sale, the chief financial officer owned 895,141 shares of the company’s stock, valued at approximately $16,595,914.14. This represents a 1.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 1,473,909 shares of company stock worth $27,200,157. 53.24% of the stock is owned by corporate insiders.

Institutional Trading of Klaviyo

Institutional investors and hedge funds have recently bought and sold shares of the company. Public Sector Pension Investment Board bought a new stake in Klaviyo during the 3rd quarter valued at about $2,403,000. JPMorgan Chase & Co. increased its stake in Klaviyo by 12.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,907,831 shares of the company’s stock valued at $52,828,000 after purchasing an additional 214,977 shares in the last quarter. Vanguard Group Inc. increased its stake in Klaviyo by 19.2% during the 3rd quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company’s stock valued at $354,092,000 after purchasing an additional 2,059,550 shares in the last quarter. Barton Investment Management increased its stake in Klaviyo by 69.6% during the 4th quarter. Barton Investment Management now owns 670,042 shares of the company’s stock valued at $21,756,000 after purchasing an additional 275,053 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in Klaviyo during the 3rd quarter valued at about $1,752,000. 45.43% of the stock is currently owned by institutional investors.

Key Klaviyo News

Here are the key news stories impacting Klaviyo this week:

Klaviyo Company Profile

(Get Free Report)

Klaviyo, Inc is a cloud-based marketing automation platform that enables businesses to leverage customer data for targeted email and SMS campaigns. The company’s platform centralizes first-party data from various sources—including e-commerce storefronts, websites, and CRM systems—to help organizations deliver personalized marketing across the customer lifecycle. Klaviyo’s core offerings include segmented email marketing, automated messaging workflows, and performance analytics designed to drive customer engagement and revenue growth.

The platform provides a suite of tools for campaign creation and management, including drag-and-drop email and SMS builders, dynamic content rendering, and A/B testing capabilities.

Further Reading

Analyst Recommendations for Klaviyo (NYSE:KVYO)

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