Klaviyo (NYSE:KVYO) Stock Price Up 10.9% – Still a Buy?

Klaviyo, Inc. (NYSE:KVYO)’s stock price rose 10.9% during mid-day trading on Monday . The stock traded as high as $17.17 and last traded at $17.5590. Approximately 2,280,191 shares traded hands during trading, a decline of 57% from the average daily volume of 5,269,471 shares. The stock had previously closed at $15.84.

Analysts Set New Price Targets

KVYO has been the topic of several analyst reports. Truist Financial cut their target price on Klaviyo from $45.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Barclays cut their target price on Klaviyo from $31.00 to $25.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Piper Sandler cut their target price on Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. BTIG Research dropped their price target on Klaviyo from $40.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Finally, Stifel Nicolaus dropped their price target on Klaviyo from $35.00 to $28.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Eighteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Klaviyo presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.40.

Klaviyo Price Performance

The stock has a fifty day moving average of $17.51 and a 200 day moving average of $22.40. The firm has a market capitalization of $5.07 billion, a P/E ratio of -423.54 and a beta of 0.62.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. The business had revenue of $358.01 million for the quarter, compared to analyst estimates of $348.57 million. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.Klaviyo’s quarterly revenue was up 27.9% compared to the same quarter last year. During the same period last year, the company posted $0.14 earnings per share. Equities analysts forecast that Klaviyo, Inc. will post 0.25 EPS for the current fiscal year.

Insider Transactions at Klaviyo

In other Klaviyo news, CFO Amanda Whalen sold 14,000 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $14.26, for a total value of $199,640.00. Following the sale, the chief financial officer directly owned 895,141 shares in the company, valued at $12,764,710.66. The trade was a 1.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Ledger Susan St. sold 9,334 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $14.27, for a total value of $133,196.18. Following the completion of the sale, the director owned 10,939 shares in the company, valued at approximately $156,099.53. The trade was a 46.04% 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. In the last three months, insiders have sold 1,709,772 shares of company stock valued at $29,456,042. Corporate insiders own 37.42% of the company’s stock.

Institutional Trading of Klaviyo

Several hedge funds have recently made changes to their positions in KVYO. Caitong International Asset Management Co. Ltd raised its stake in shares of Klaviyo by 1,650.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock valued at $27,000 after buying an additional 908 shares during the period. FNY Investment Advisers LLC bought a new stake in shares of Klaviyo in the third quarter valued at $34,000. Optiver Holding B.V. bought a new stake in shares of Klaviyo in the first quarter valued at $39,000. Quarry LP bought a new stake in shares of Klaviyo in the third quarter valued at $44,000. Finally, Osaic Holdings Inc. raised 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 buying an additional 1,284 shares during the period. 45.43% of the stock is currently owned by institutional investors.

Klaviyo Company Profile

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.