Piper Sandler Lowers Klaviyo (NYSE:KVYO) Price Target to $23.00

Klaviyo (NYSE:KVYO) had its price objective cut by equities research analysts at Piper Sandler from $26.00 to $23.00 in a report issued on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Piper Sandler’s price objective would indicate a potential upside of 18.05% from the stock’s current price.

Other equities research analysts have also issued research reports about the company. Barclays reduced their price target on Klaviyo from $31.00 to $25.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. BTIG Research lowered their price target on shares of Klaviyo from $30.00 to $25.00 and set a “buy” rating for the company in a report on Thursday. Wall Street Zen upgraded shares of Klaviyo from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. KeyCorp lowered their target price on shares of Klaviyo from $40.00 to $35.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Finally, Stifel Nicolaus cut their price target on Klaviyo from $28.00 to $24.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Klaviyo has an average rating of “Moderate Buy” and an average price target of $29.45.

Klaviyo Trading Up 2.0%

NYSE KVYO opened at $19.48 on Thursday. Klaviyo has a twelve month low of $12.53 and a twelve month high of $36.76. The stock has a fifty day simple moving average of $16.18 and a 200-day simple moving average of $17.99. The stock has a market cap of $5.83 billion, a PE ratio of -486.95 and a beta of 0.54.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.16%. The company had revenue of $370.58 million during the quarter, compared to analysts’ expectations of $362.08 million. During the same quarter last year, the company posted $0.16 EPS. The firm’s revenue was up 26.4% compared to the same quarter last year. Research analysts predict that Klaviyo will post 0.25 EPS for the current year.

Insider Buying and Selling at Klaviyo

In other news, CEO Andrew Bialecki sold 212,529 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $14.61, for a total value of $3,105,048.69. Following the completion of the sale, the chief executive officer directly owned 212,529 shares of the company’s stock, valued at approximately $3,105,048.69. The trade was a 50.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Amanda Whalen sold 14,000 shares of Klaviyo stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $13.23, for a total transaction of $185,220.00. Following the completion of the transaction, the chief financial officer owned 852,192 shares in the company, valued at approximately $11,274,500.16. This represents a 1.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 649,863 shares of company stock worth $9,521,105 over the last 90 days. Corporate insiders own 37.42% of the company’s stock.

Hedge Funds Weigh In On Klaviyo

Institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd raised its stake in Klaviyo by 1,650.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock valued at $27,000 after acquiring an additional 908 shares during the last quarter. Quarry LP purchased a new stake in shares of Klaviyo during the third quarter worth approximately $44,000. Osaic Holdings Inc. lifted its holdings in shares of Klaviyo by 317.0% during the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after purchasing an additional 1,284 shares during the period. Optiver Holding B.V. purchased a new position in Klaviyo in the 1st quarter valued at $39,000. Finally, Rockefeller Capital Management L.P. increased its stake in Klaviyo by 2,641.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,207 shares of the company’s stock valued at $104,000 after buying an additional 3,090 shares during the period. Institutional investors and hedge funds own 45.43% of the company’s stock.

Key Headlines Impacting Klaviyo

Here are the key news stories impacting Klaviyo this week:

• Positive Sentiment: Klaviyo reported second-quarter revenue of $370.6 million, up 26.4% year over year and above analysts’ $362.1 million estimate. Adjusted earnings of $0.19 per share matched expectations and improved from $0.16 a year earlier. Klaviyo second-quarter earnings report
• Positive Sentiment: Management highlighted momentum in its autonomous B2C CRM strategy, including adoption of its Composer and Customer Agent products. The company said its real-time customer data infrastructure is helping support AI-driven consumer experiences. Klaviyo Q2 results and autonomous CRM strategy
• Positive Sentiment: Klaviyo agreed to acquire the team and technology of Agency, an AI-native customer-success startup founded by Elias Torres. Torres will become Klaviyo’s chief product officer and lead its agent product line, potentially accelerating product development; financial terms were not disclosed. Klaviyo Agency acquisition
• Neutral Sentiment: Third-quarter revenue guidance of $377 million to $381 million broadly brackets the $378.6 million analyst estimate, while full-year revenue guidance of approximately $1.5 billion was in line with consensus. The available guidance did not include an EPS figure. Klaviyo Q2 earnings estimates
• Neutral Sentiment: The earnings release met profit expectations rather than exceeding them, so the positive market reaction appears primarily tied to the revenue beat, sustained growth, and AI strategy rather than an upside EPS surprise. Klaviyo key earnings metrics

About Klaviyo

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.