Klaviyo (NYSE:KVYO) Raised to Buy at Wall Street Zen

Klaviyo (NYSE:KVYO) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Sunday.

Other research analysts have also recently issued research reports about the company. Canaccord Genuity Group set a $32.00 price target on Klaviyo in a research note on Wednesday, February 11th. Citigroup lowered their price objective on Klaviyo from $51.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. KeyCorp cut their target price on Klaviyo from $45.00 to $40.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Cantor Fitzgerald decreased their price target on shares of Klaviyo from $40.00 to $35.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Finally, Benchmark dropped their price target on shares of Klaviyo from $46.00 to $30.00 and set a “buy” rating for the company in a research note on Monday, February 9th. Nineteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $34.24.

Klaviyo Trading Down 0.5%

KVYO opened at $18.57 on Friday. Klaviyo has a twelve month low of $15.53 and a twelve month high of $37.79. The firm has a market cap of $5.66 billion, a price-to-earnings ratio of -154.77 and a beta of 1.28. The company has a fifty day simple moving average of $20.91 and a 200 day simple moving average of $26.26.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. The firm had revenue of $350.20 million for the quarter, compared to analyst estimates of $333.99 million. Klaviyo had a negative net margin of 2.57% and a positive return on equity of 2.03%. The firm’s revenue was up 29.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.07 EPS. On average, analysts forecast that Klaviyo will post 0.04 earnings per share for the current fiscal year.

Insider Buying and Selling at Klaviyo

In other news, CEO Andrew Bialecki sold 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $19.37, for a total value of $3,874,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Amanda Whalen sold 14,000 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $19.58, for a total value of $274,120.00. Following the sale, the chief financial officer directly owned 412,425 shares in the company, valued at approximately $8,075,281.50. This represents a 3.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,592,230 shares of company stock worth $36,185,830 over the last quarter. 49.92% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Klaviyo

A number of hedge funds have recently added to or reduced their stakes in KVYO. Royal Bank of Canada raised its holdings in shares of Klaviyo by 59.4% during the first quarter. Royal Bank of Canada now owns 10,008 shares of the company’s stock worth $303,000 after purchasing an additional 3,730 shares during the period. Amundi boosted its holdings in shares of Klaviyo by 109.7% in the 1st quarter. Amundi now owns 14,361 shares of the company’s stock valued at $400,000 after buying an additional 7,514 shares during the period. AQR Capital Management LLC acquired a new position in shares of Klaviyo in the 1st quarter valued at about $359,000. Woodline Partners LP grew its position in shares of Klaviyo by 54.5% during the 1st quarter. Woodline Partners LP now owns 12,419 shares of the company’s stock valued at $376,000 after buying an additional 4,379 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Klaviyo by 40.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,158 shares of the company’s stock valued at $4,483,000 after buying an additional 42,980 shares during the last quarter. Institutional investors and hedge funds 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.