Klaviyo (NYSE:KVYO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Klaviyo (NYSE:KVYO) from a hold rating to a buy rating in a research report report published on Sunday morning.

Several other brokerages have also commented on KVYO. Canaccord Genuity Group set a $32.00 target price on Klaviyo in a research report on Wednesday, February 11th. Citigroup dropped their price target on Klaviyo from $51.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. BTIG Research decreased their price objective on shares of Klaviyo from $40.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Barclays lowered their target price on shares of Klaviyo from $42.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Finally, Robert W. Baird set a $34.00 target price on shares of Klaviyo in a report on Wednesday, February 11th. Nineteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.24.

Klaviyo Stock Performance

Shares of Klaviyo stock opened at $18.07 on Friday. Klaviyo has a 1 year low of $15.53 and a 1 year high of $37.79. The firm’s 50-day simple moving average is $20.54 and its 200-day simple moving average is $26.04. The firm has a market cap of $5.51 billion, a PE ratio of -150.56 and a beta of 1.28.

Klaviyo (NYSE:KVYO) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. Klaviyo had a positive return on equity of 2.03% and a negative net margin of 2.57%.The business had revenue of $350.20 million during the quarter, compared to the consensus estimate of $333.99 million. During the same period last year, the firm earned $0.07 earnings per share. The company’s revenue for the quarter was up 29.6% compared to the same quarter last year. On average, equities analysts predict that Klaviyo will post 0.04 earnings per share for the current year.

Insider Buying and Selling

In other Klaviyo news, insider Landon Edmond sold 14,366 shares of the stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $20.15, for a total value of $289,474.90. Following the sale, the insider directly owned 312,362 shares of the company’s stock, valued at $6,294,094.30. This trade represents a 4.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Andrew Bialecki sold 200,000 shares of the firm’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $19.37, for a total value of $3,874,000.00. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,492,230 shares of company stock valued at $32,888,830. Insiders own 53.24% of the company’s stock.

Hedge Funds Weigh In On Klaviyo

Several institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd boosted 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 purchasing an additional 908 shares during the period. FNY Investment Advisers LLC bought a new position in Klaviyo in the 3rd quarter worth about $34,000. Quarry LP acquired a new stake in shares of Klaviyo in the third quarter valued at approximately $44,000. Osaic Holdings Inc. increased its stake in shares of Klaviyo by 317.0% in the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock valued at $55,000 after purchasing an additional 1,284 shares during the period. Finally, RiverPark Advisors LLC bought a new stake in shares of Klaviyo during the third quarter valued at approximately $69,000. Institutional investors own 45.43% of the company’s stock.

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.