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

Klaviyo (NYSE:KVYO) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

Several other equities research analysts have also recently commented on KVYO. Cantor Fitzgerald dropped their target price on shares of Klaviyo from $35.00 to $28.00 and set an “overweight” rating for the company in a research report on Wednesday, April 15th. Barclays decreased their price target on shares of Klaviyo from $31.00 to $25.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Benchmark lowered their price objective on shares of Klaviyo from $33.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Jefferies Financial Group set a $25.00 price objective on Klaviyo in a research report on Saturday, May 9th. Finally, KeyCorp reduced their target price on Klaviyo from $40.00 to $35.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Klaviyo presently has a consensus rating of “Moderate Buy” and an average target price of $30.95.

Klaviyo Stock Up 0.2%

Shares of Klaviyo stock opened at $16.43 on Friday. The company has a market cap of $4.92 billion, a PE ratio of -410.57 and a beta of 0.63. The business has a 50 day moving average of $15.56 and a 200 day moving average of $18.51. Klaviyo has a 52 week low of $12.53 and a 52 week high of $36.76.

Klaviyo (NYSE:KVYO) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. The company had revenue of $358.01 million during the quarter, compared to analyst estimates of $348.57 million. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.The firm’s revenue was up 27.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.14 earnings per share. On average, research analysts anticipate that Klaviyo will post 0.25 earnings per share for the current year.

Insider Activity at Klaviyo

In related news, CEO Andrew Bialecki sold 212,529 shares of the business’s stock in a transaction dated 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 owned 212,529 shares of the company’s stock, valued at $3,105,048.69. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ledger Susan St. sold 9,334 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $14.27, for a total transaction of $133,196.18. Following the completion of the sale, the director owned 10,939 shares in the company, valued at approximately $156,099.53. This trade represents a 46.04% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 649,863 shares of company stock valued at $9,521,105 in the last three months. Company insiders own 37.42% of the company’s stock.

Institutional Trading of Klaviyo

Several hedge funds and other institutional investors have recently made changes to their positions in KVYO. Caitong International Asset Management Co. Ltd increased its position 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 valued at $27,000 after buying an additional 908 shares in the last quarter. Optiver Holding B.V. bought a new stake in Klaviyo in the first quarter worth $39,000. Quarry LP bought a new stake in Klaviyo in the third quarter worth $44,000. Osaic Holdings Inc. grew its stake in shares of Klaviyo by 317.0% in the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after acquiring an additional 1,284 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Klaviyo by 2,085.1% in the first quarter. EverSource Wealth Advisors LLC now owns 3,802 shares of the company’s stock worth $74,000 after acquiring an additional 3,628 shares during the last quarter. Hedge funds and other institutional investors own 45.43% of the company’s stock.

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.