Klaviyo (NYSE:KVYO) Price Target Lowered to $30.00 at Benchmark

Klaviyo (NYSE:KVYO) had its target price decreased by Benchmark from $46.00 to $30.00 in a research report released on Monday morning, Marketbeat Ratings reports. Benchmark currently has a buy rating on the stock.

KVYO has been the subject of several other research reports. BTIG Research began coverage on shares of Klaviyo in a research report on Monday, December 15th. They set a “buy” rating and a $40.00 price objective for the company. Stifel Nicolaus cut their price target on shares of Klaviyo from $42.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, November 6th. The Goldman Sachs Group reduced their price target on shares of Klaviyo from $48.00 to $41.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. Robert W. Baird boosted their price objective on shares of Klaviyo from $39.00 to $40.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. Finally, Jefferies Financial Group upgraded Klaviyo to a “strong-buy” rating in a research note on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $40.29.

Klaviyo Stock Performance

NYSE:KVYO opened at $19.67 on Monday. The company has a market cap of $5.94 billion, a price-to-earnings ratio of -81.95 and a beta of 1.14. Klaviyo has a fifty-two week low of $18.55 and a fifty-two week high of $49.55. The stock has a fifty day moving average price of $27.69 and a 200-day moving average price of $28.89.

Insider Activity at Klaviyo

In related news, CFO Amanda Whalen sold 14,000 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $25.83, for a total transaction of $361,620.00. Following the sale, the chief financial officer owned 442,219 shares in the company, valued at $11,422,516.77. The trade was a 3.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Andrew Bialecki sold 155,219 shares of the company’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $25.33, for a total value of $3,931,697.27. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,800,598 shares of company stock valued at $50,974,712 in the last 90 days. 53.24% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in KVYO. Caitong International Asset Management Co. Ltd grew its holdings 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 worth $27,000 after acquiring an additional 908 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Klaviyo in the second quarter worth $31,000. FNY Investment Advisers LLC bought a new stake in shares of Klaviyo in the third quarter worth $34,000. First Horizon Advisors Inc. bought a new position in Klaviyo during the 2nd quarter worth $37,000. Finally, Quarry LP bought a new position in Klaviyo during the 3rd quarter worth $44,000. Institutional investors own 45.43% of the company’s stock.

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.