Needham & Company LLC Has Lowered Expectations for Klaviyo (NYSE:KVYO) Stock Price

Klaviyo (NYSE:KVYO) had its price target reduced by stock analysts at Needham & Company LLC from $45.00 to $30.00 in a research note issued to investors on Wednesday, Marketbeat Ratings reports. The brokerage presently has a “buy” rating on the stock. Needham & Company LLC’s target price would indicate a potential upside of 62.87% from the company’s previous close.

Several other research analysts have also recently weighed in on the stock. Morgan Stanley decreased their price objective on shares of Klaviyo from $46.00 to $42.00 and set an “overweight” rating for the company in a report on Thursday, January 15th. Barclays decreased their target price on shares of Klaviyo from $43.00 to $42.00 and set an “overweight” rating for the company in a research note on Monday, January 12th. Citigroup dropped their price target on Klaviyo from $51.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday. William Blair reiterated an “outperform” rating on shares of Klaviyo in a research report on Monday, November 17th. Finally, Jefferies Financial Group lowered their target price on Klaviyo from $35.00 to $29.00 and set a “buy” rating on the stock in a report on Wednesday. Twenty equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $34.24.

Klaviyo Price Performance

Shares of NYSE:KVYO opened at $18.42 on Wednesday. Klaviyo has a 1 year low of $18.23 and a 1 year high of $48.17. The company has a market cap of $5.56 billion, a P/E ratio of -153.49 and a beta of 1.13. The stock’s fifty day moving average price is $27.13 and its 200-day moving average price is $28.67.

Klaviyo (NYSE:KVYO) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. The company had revenue of $350.20 million during the quarter, compared to the consensus estimate of $333.99 million. Klaviyo had a positive return on equity of 2.03% and a negative net margin of 2.57%.Klaviyo’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same period last year, the company earned $0.07 EPS. On average, sell-side analysts anticipate that Klaviyo will post 0.04 earnings per share for the current year.

Insider Transactions at Klaviyo

In other Klaviyo news, Director Ed Hallen sold 117,550 shares of Klaviyo stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $30.36, for a total transaction of $3,568,818.00. Following the transaction, the director owned 133,624 shares of the company’s stock, valued at $4,056,824.64. The trade was a 46.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Andrew Bialecki sold 167,926 shares of the stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $24.16, for a total transaction of $4,057,092.16. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,800,598 shares of company stock worth $50,974,712. Insiders own 49.92% of the company’s stock.

Institutional Investors Weigh In On Klaviyo

A number of institutional investors have recently bought and sold shares of KVYO. Vanguard Group Inc. raised its holdings in Klaviyo by 12.3% during the fourth quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock valued at $466,319,000 after acquiring an additional 1,573,812 shares during the period. Capital International Investors purchased a new stake in shares of Klaviyo during the fourth quarter worth about $415,254,000. Alliancebernstein L.P. grew its position in shares of Klaviyo by 8.6% during the third quarter. Alliancebernstein L.P. now owns 4,806,677 shares of the company’s stock worth $133,097,000 after purchasing an additional 382,428 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Klaviyo by 86.8% during the 4th quarter. JPMorgan Chase & Co. now owns 3,564,743 shares of the company’s stock valued at $115,747,000 after purchasing an additional 1,656,912 shares during the period. Finally, Sands Capital Alternatives LLC lifted its holdings in Klaviyo by 2.1% in the 2nd quarter. Sands Capital Alternatives LLC now owns 3,515,065 shares of the company’s stock worth $118,036,000 after purchasing an additional 71,550 shares in the last quarter. Hedge funds and other institutional investors own 45.43% of the company’s stock.

Key Stories Impacting Klaviyo

Here are the key news stories impacting Klaviyo this week:

• Positive Sentiment: Q4 results and guidance showed continuing strength: revenue beat and ~30% YoY growth, better-than-expected margins and strong Rule-of-40 dynamics — fundamentals cited by management and analysts remain intact. Read More.
• Positive Sentiment: Investor note: Seeking Alpha argues KVYO is oversold (~60% down over a year), AI “doomsday” fears are overblown and the company’s CRM position with 193k+ customers supports a buy-the-dip case. Read More.
• Neutral Sentiment: Analyst support remains — several firms reaffirmed buy/overweight ratings (e.g., Piper Sandler reiterated overweight), indicating conviction even as targets were adjusted. Read More.
• Neutral Sentiment: Full earnings call materials and transcript are available for drilling into inorganic initiatives, AI strategy comments and customer-mix detail (useful to validate forward growth/margin outlook). Read More.
• Negative Sentiment: Multiple brokers lowered price targets (Citi, Barclays, Cantor, BTIG, Needham among others). Although many kept “buy/overweight” ratings, the PT cuts reflect valuation compression and triggered short-term selling pressure. Read More.
• Negative Sentiment: Independent bearish research and pessimistic short‑term forecasts (Benchmark) added to negative sentiment, reinforcing investor caution on near-term upside. Read More.

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.