KeyCorp Issues Pessimistic Forecast for Klaviyo (NYSE:KVYO) Stock Price

Klaviyo (NYSE:KVYO) had its price objective decreased by analysts at KeyCorp from $35.00 to $29.00 in a report released on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the stock. KeyCorp’s price target points to a potential upside of 76.55% from the company’s previous close.

Several other research firms have also recently weighed in on KVYO. Morgan Stanley set a $34.00 target price on Klaviyo in a research note on Wednesday, April 29th. TD Cowen reiterated a “buy” rating on shares of Klaviyo in a research note on Thursday. Canaccord Genuity Group set a $29.00 price objective on shares of Klaviyo in a report on Thursday. Citigroup boosted their price objective on shares of Klaviyo from $31.00 to $34.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Finally, Cantor Fitzgerald lowered their target price on shares of Klaviyo from $35.00 to $28.00 and set an “overweight” rating for the company in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $28.30.

Klaviyo Price Performance

Shares of Klaviyo stock traded down $2.87 during trading on Thursday, hitting $16.43. 3,928,745 shares of the stock were exchanged, compared to its average volume of 5,378,243. The stock has a market cap of $4.92 billion, a price-to-earnings ratio of -412.02 and a beta of 0.54. The firm’s 50-day moving average price is $16.18 and its 200 day moving average price is $17.99. Klaviyo has a 12-month low of $12.53 and a 12-month high of $36.76.

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

Insider Buying and Selling at Klaviyo

In other Klaviyo news, CFO Amanda Whalen sold 14,000 shares of the company’s 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ledger Susan St. sold 9,334 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $14.27, for a total transaction of $133,196.18. Following the completion of the sale, the director owned 10,939 shares of the company’s stock, valued at $156,099.53. This trade represents a 46.04% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 649,863 shares of company stock valued at $9,521,105. 37.42% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Klaviyo by 12.3% during the fourth quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock worth $466,319,000 after buying an additional 1,573,812 shares during the period. Jefferies Financial Group Inc. lifted its position in shares of Klaviyo by 2,320.7% during the 4th quarter. Jefferies Financial Group Inc. now owns 455,000 shares of the company’s stock valued at $14,774,000 after acquiring an additional 436,204 shares during the period. Delta Global Management LP lifted its position in shares of Klaviyo by 52.7% during the 4th quarter. Delta Global Management LP now owns 785,308 shares of the company’s stock valued at $25,499,000 after acquiring an additional 270,944 shares during the period. Huntington National Bank boosted its stake in shares of Klaviyo by 117.1% during the 4th quarter. Huntington National Bank now owns 166,501 shares of the company’s stock worth $5,406,000 after acquiring an additional 89,800 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Klaviyo by 8.9% during the 1st quarter. Bank of New York Mellon Corp now owns 1,508,137 shares of the company’s stock worth $29,348,000 after acquiring an additional 123,480 shares in the last quarter. 45.43% of the stock is owned by hedge funds and other institutional investors.

Key Klaviyo News

Here are the key news stories impacting Klaviyo this week:

• Positive Sentiment: Revenue exceeded expectations: Klaviyo reported second-quarter revenue of $370.6 million, above the $362.1 million consensus estimate and up 26.4% year over year. Adjusted earnings of $0.19 per share matched expectations and improved from $0.16 a year earlier. Klaviyo second-quarter earnings report
• Positive Sentiment: AI strategy gains momentum: Management highlighted adoption of its Composer and Customer Agent products, which support its autonomous B2C customer relationship management strategy. Klaviyo also agreed to acquire the team and technology of AI-powered customer-success startup Agency. The deal’s financial terms were not disclosed, and Agency co-founder Elias Torres is expected to become Klaviyo’s chief product officer. Klaviyo Agency acquisition announcement
• Neutral Sentiment: Forward revenue outlook was broadly in line: Klaviyo guided for third-quarter revenue of $377 million to $381 million, compared with the $378.6 million consensus estimate. Full-year 2026 revenue guidance of approximately $1.5 billion was also consistent with analyst expectations. The company did not provide a specific EPS outlook in the available guidance. Klaviyo Q2 earnings estimates
• Negative Sentiment: Analysts lowered price targets: Piper Sandler cut its target from $26 to $23 while maintaining an “overweight” rating. BTIG Research reduced its target from $30 to $25 but retained a “buy” rating. The cuts suggest analysts see less near-term upside, which is likely weighing on the stock despite their continued positive recommendations. Klaviyo analyst price-target revisions

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.