Klaviyo (NYSE:KVYO) Price Target Cut to $22.00 by Analysts at Wells Fargo & Company

Klaviyo (NYSE:KVYO) had its price target lowered by equities researchers at Wells Fargo & Company from $26.00 to $22.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective would indicate a potential upside of 35.43% from the company’s current price.

Other equities research analysts also recently issued research reports about the company. Citigroup raised their price target on Klaviyo from $31.00 to $34.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Stephens boosted their price objective on shares of Klaviyo from $24.00 to $25.00 and gave the stock an “overweight” rating in a report on Thursday. Morgan Stanley set a $34.00 price objective on shares of Klaviyo in a research note on Wednesday, April 29th. Benchmark cut shares of Klaviyo from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Wall Street Zen raised shares of Klaviyo from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $27.25.

Klaviyo Price Performance

Shares of Klaviyo stock traded down $3.06 during trading hours on Thursday, reaching $16.25. The company had a trading volume of 7,889,550 shares, compared to its average volume of 5,413,108. The firm has a market cap of $4.86 billion, a PE ratio of -407.12 and a beta of 0.54. Klaviyo has a one year low of $12.53 and a one year high of $36.76. The business has a fifty day simple moving average of $16.18 and a 200 day simple moving average of $17.99.

Klaviyo (NYSE:KVYO) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. The company had revenue of $370.58 million for the quarter, compared to analyst estimates of $362.08 million. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.The firm’s revenue for the quarter was up 26.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.16 EPS. On average, research analysts forecast that Klaviyo will post 0.25 EPS for the current year.

Insider Buying and Selling

In related news, CFO Amanda Whalen sold 14,000 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $13.23, for a total transaction of $185,220.00. Following the completion of the sale, the chief financial officer directly owned 852,192 shares in the company, valued at $11,274,500.16. This represents a 1.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Bialecki sold 212,529 shares of the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $14.61, for a total transaction of $3,105,048.69. Following the sale, the chief executive officer directly owned 212,529 shares of the company’s stock, valued at $3,105,048.69. The trade was a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 649,863 shares of company stock valued at $9,521,105 over the last three months. 37.42% of the stock is owned by company insiders.

Institutional Trading of Klaviyo

Several large investors have recently modified their holdings of the business. Bank of New York Mellon Corp bought a new position in Klaviyo during the 2nd quarter valued at approximately $8,663,000. Handelsbanken Fonder AB grew its position in shares of Klaviyo by 62.5% in the 2nd quarter. Handelsbanken Fonder AB now owns 43,700 shares of the company’s stock worth $660,000 after buying an additional 16,800 shares during the last quarter. Optiver Holding B.V. purchased a new position in shares of Klaviyo during the first quarter valued at approximately $39,000. Lavelle Capital LP bought a new position in shares of Klaviyo during the first quarter valued at approximately $994,000. Finally, Bank of America Corp DE raised its holdings in shares of Klaviyo by 88.9% during the first quarter. Bank of America Corp DE now owns 1,686,770 shares of the company’s stock valued at $32,825,000 after acquiring an additional 793,613 shares in the last quarter. 45.43% of the stock is owned by institutional investors.

Key Klaviyo News

Here are the key news stories impacting Klaviyo this week:

• Positive Sentiment: Revenue growth and AI strategy remain key positives. Klaviyo reported second-quarter revenue of $370.6 million, above the $362.1 million analyst estimate and up 26.4% year over year. Management said adoption of its AI products, including Composer and Customer Agent, is gaining momentum. Klaviyo Delivers Strong Q2 as Autonomous B2C CRM Strategy Gains Momentum
• Positive Sentiment: Agency acquisition could accelerate product development. Klaviyo agreed to acquire the team and technology of AI-powered customer-success startup Agency. Founder Elias Torres will become Klaviyo’s chief product officer and lead its agent product line, potentially strengthening the company’s AI capabilities and autonomous CRM offering. Klaviyo strengthens AI capabilities with strategic acquisition of Agency team and technology
• Neutral Sentiment: Full-year outlook was broadly in line. Klaviyo projected 2026 revenue of approximately $1.526 billion to $1.534 billion. Third-quarter revenue guidance of $377 million to $381 million was close to the $378.6 million consensus estimate, while fiscal-year guidance was generally consistent with Wall Street expectations. Klaviyo projects 2026 revenue while integrating Agency acquisition
• Negative Sentiment: Mixed earnings reaction and target reductions weighed on sentiment. Second-quarter EPS of $0.19 matched estimates, rather than exceeding them, despite the revenue beat. KeyCorp, Stifel, Piper Sandler and BTIG all lowered their price targets, although each retained a bullish or buy-equivalent rating. The stock also declined alongside much of the software sector following earnings. Figma, Klaviyo fall following earnings

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.