Klaviyo (NYSE:KVYO) Reaches New 1-Year Low After Analyst Downgrade

Shares of Klaviyo, Inc. (NYSE:KVYO) reached a new 52-week low during trading on Tuesday after Benchmark lowered their price target on the stock from $46.00 to $30.00. Benchmark currently has a buy rating on the stock. Klaviyo traded as low as $18.55 and last traded at $19.67, with a volume of 5518709 shares changing hands. The stock had previously closed at $19.14.

Several other analysts have also issued reports on KVYO. Jefferies Financial Group upgraded shares of Klaviyo to a “strong-buy” rating in a research report on Wednesday, October 22nd. Stifel Nicolaus decreased their price target on shares of Klaviyo from $42.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, November 6th. Morgan Stanley lowered their price objective on Klaviyo from $46.00 to $42.00 and set an “overweight” rating on the stock in a report on Thursday, January 15th. Weiss Ratings began coverage on Klaviyo in a report on Saturday, November 1st. They set a “sell (d-)” rating for the company. Finally, Truist Financial set a $45.00 target price on Klaviyo in a research report on Tuesday, November 25th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned 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, Klaviyo currently has a consensus rating of “Moderate Buy” and an average price target of $40.29.

Insider Activity at Klaviyo

In related news, CEO Andrew Bialecki sold 155,219 shares of Klaviyo stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $25.33, for a total transaction of $3,931,697.27. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, 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 value of $361,620.00. Following the transaction, the chief financial officer directly owned 442,219 shares in the company, valued at $11,422,516.77. This trade represents a 3.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 1,800,598 shares of company stock valued at $50,974,712. 53.24% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Klaviyo

Large investors have recently modified their holdings of the business. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of Klaviyo during the 2nd quarter worth about $31,000. Caitong International Asset Management Co. Ltd increased its position in shares of Klaviyo by 1,650.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock valued at $27,000 after acquiring an additional 908 shares during the last quarter. First Horizon Advisors Inc. purchased a new stake in shares of Klaviyo in the 2nd quarter valued at approximately $37,000. FNY Investment Advisers LLC purchased a new stake in shares of Klaviyo in the 3rd quarter valued at approximately $34,000. Finally, Quarry LP acquired a new position in shares of Klaviyo in the 3rd quarter worth approximately $44,000. Institutional investors and hedge funds own 45.43% of the company’s stock.

Klaviyo Stock Performance

The stock has a market cap of $5.94 billion, a PE ratio of -81.95 and a beta of 1.14. The stock’s 50-day moving average is $27.69 and its two-hundred day moving average is $28.89.

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.