Klaviyo, Inc. (NYSE:KVYO) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Klaviyo, Inc. (NYSE:KVYO) have received a consensus recommendation of “Moderate Buy” from the twenty-two ratings firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and eighteen have assigned a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $43.65.

Several equities research analysts have recently commented on KVYO shares. Robert W. Baird reduced their price objective on Klaviyo from $54.00 to $37.00 and set an “outperform” rating for the company in a research note on Wednesday, April 23rd. Wells Fargo & Company raised Klaviyo from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $32.00 to $40.00 in a research note on Friday, June 13th. Needham & Company LLC reduced their price objective on Klaviyo from $56.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, May 7th. Cantor Fitzgerald raised Klaviyo to an “overweight” rating and set a $48.00 price target for the company in a research note on Tuesday, June 3rd. Finally, Citigroup raised Klaviyo from a “neutral” rating to a “buy” rating and increased their price target for the stock from $40.00 to $50.00 in a research report on Thursday, August 7th.

Insider Buying and Selling at Klaviyo

In other news, major shareholder Summit Partners L. P sold 4,000,000 shares of the business’s stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $33.35, for a total value of $133,400,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Landon Edmond sold 9,965 shares of the business’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $31.46, for a total transaction of $313,498.90. Following the completion of the transaction, the insider owned 392,584 shares of the company’s stock, valued at approximately $12,350,692.64. This represents a 2.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 4,087,383 shares of company stock valued at $136,183,878. Insiders own 49.92% of the company’s stock.

Institutional Investors Weigh In On Klaviyo

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KVYO. Main Management ETF Advisors LLC raised its holdings in shares of Klaviyo by 1.7% in the 2nd quarter. Main Management ETF Advisors LLC now owns 22,723 shares of the company’s stock valued at $763,000 after buying an additional 372 shares during the period. Advisors Asset Management Inc. grew its holdings in Klaviyo by 22.7% during the 1st quarter. Advisors Asset Management Inc. now owns 2,731 shares of the company’s stock worth $83,000 after acquiring an additional 506 shares in the last quarter. CWM LLC increased its holdings in Klaviyo by 227.5% in the first quarter. CWM LLC now owns 930 shares of the company’s stock valued at $28,000 after buying an additional 646 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Klaviyo by 5.0% in the 4th quarter. The Manufacturers Life Insurance Company now owns 14,285 shares of the company’s stock valued at $589,000 after acquiring an additional 677 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in Klaviyo by 77.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,874 shares of the company’s stock valued at $77,000 after purchasing an additional 818 shares during the last quarter. Hedge funds and other institutional investors own 45.43% of the company’s stock.

Klaviyo Stock Performance

KVYO opened at $31.2610 on Thursday. Klaviyo has a 52-week low of $23.77 and a 52-week high of $49.55. The stock has a market capitalization of $9.38 billion, a P/E ratio of -125.04 and a beta of 1.36. The company’s 50-day simple moving average is $32.56 and its two-hundred day simple moving average is $33.97.

Klaviyo (NYSE:KVYO) last announced its earnings results on Tuesday, August 5th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.03. The business had revenue of $293.12 million during the quarter, compared to analyst estimates of $275.97 million. Klaviyo had a negative net margin of 6.19% and a negative return on equity of 1.12%. The company’s quarterly revenue was up 31.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.15 EPS. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts forecast that Klaviyo will post 0.04 EPS for the current fiscal year.

About Klaviyo

Klaviyo, Inc, a technology company, provides a software-as-a-service platform in the United States, other Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers Klaviyo, a cloud-native platform for data store, segmentation engine, campaigns and flows, and messaging infrastructure.