BTIG Research Has Lowered Expectations for Klaviyo (NYSE:KVYO) Stock Price

Key Points

• BTIG Research lowered Klaviyo’s price target from $30 to $25 but maintained a “buy” rating, implying 28.32% upside from the prior close. Analysts overall rate the stock “Moderate Buy,” with a consensus target of $29.45.
• Klaviyo reported second-quarter revenue of $370.6 million, up 26.4% year over year and above expectations, while EPS of $0.19 matched estimates. Third-quarter revenue guidance of $377 million to $381 million was broadly in line with analyst forecasts.
• Insiders sold $9.5 million of stock over the past 90 days, though insiders still own 37.42% of the company. The company is also advancing its AI strategy through its autonomous CRM products and the acquisition of AI startup Agency’s team and technology.

Klaviyo (NYSE:KVYO - Get Free Report) had its price objective dropped by research analysts at BTIG Research from $30.00 to $25.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a "buy" rating on the stock. BTIG Research's target price would suggest a potential upside of 28.32% from the company's previous close.

Several other equities research analysts have also recently commented on KVYO. KeyCorp cut their price target on shares of Klaviyo from $40.00 to $35.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 6th. Cantor Fitzgerald decreased their price target on Klaviyo from $35.00 to $28.00 and set an "overweight" rating for the company in a research note on Wednesday, April 15th. Weiss Ratings reiterated a "sell (e+)" rating on shares of Klaviyo in a research note on Wednesday, May 20th. Jefferies Financial Group reissued a "buy" rating and issued a $21.00 target price on shares of Klaviyo in a research note on Thursday. Finally, Stifel Nicolaus dropped their price target on shares of Klaviyo from $28.00 to $24.00 and set a "buy" rating on the stock in a research report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $29.45.

Klaviyo Price Performance

KVYO stock opened at $19.48 on Thursday. The business has a 50-day moving average of $16.18 and a 200-day moving average of $17.99. Klaviyo has a fifty-two week low of $12.53 and a fifty-two week high of $36.76. The stock has a market capitalization of $5.83 billion, a P/E ratio of -486.95 and a beta of 0.54.

Klaviyo (NYSE:KVYO - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.The firm had revenue of $370.58 million for the quarter, compared to analysts' expectations of $362.08 million. During the same quarter in the previous year, the business posted $0.16 EPS. The business's quarterly revenue was up 26.4% compared to the same quarter last year. Equities analysts expect that Klaviyo will post 0.25 EPS for the current year.

Insiders Place Their Bets

In other Klaviyo 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 value of $185,220.00. Following the transaction, the chief financial officer directly owned 852,192 shares in the company, valued at $11,274,500.16. The trade was a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ledger Susan St. sold 9,334 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $14.27, for a total transaction of $133,196.18. Following the completion of the transaction, the director directly owned 10,939 shares in the company, valued at $156,099.53. The trade was a 46.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 over the last ninety days. 37.42% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Klaviyo

Several hedge funds have recently bought and sold shares of KVYO. Caitong International Asset Management Co. Ltd increased its stake 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 worth $27,000 after purchasing an additional 908 shares during the period. Optiver Holding B.V. bought a new position in Klaviyo during the 1st quarter worth $39,000. Quarry LP bought a new stake in shares of Klaviyo in the third quarter valued at about $44,000. Osaic Holdings Inc. boosted 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 valued at $55,000 after buying an additional 1,284 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in Klaviyo by 2,085.1% during the 1st 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 period. 45.43% of the stock is currently owned by institutional investors and hedge funds.

Klaviyo News Summary

Here are the key news stories impacting Klaviyo this week:

• Positive Sentiment: Klaviyo reported second-quarter revenue of $370.6 million, up 26.4% year over year and above analysts’ $362.1 million estimate. Adjusted earnings of $0.19 per share matched expectations and improved from $0.16 a year earlier. Klaviyo second-quarter earnings report
• Positive Sentiment: Management highlighted momentum in its autonomous B2C CRM strategy, including adoption of its Composer and Customer Agent products. The company said its real-time customer data infrastructure is helping support AI-driven consumer experiences. Klaviyo Q2 results and autonomous CRM strategy
• Positive Sentiment: Klaviyo agreed to acquire the team and technology of Agency, an AI-native customer-success startup founded by Elias Torres. Torres will become Klaviyo’s chief product officer and lead its agent product line, potentially accelerating product development; financial terms were not disclosed. Klaviyo Agency acquisition
• Neutral Sentiment: Third-quarter revenue guidance of $377 million to $381 million broadly brackets the $378.6 million analyst estimate, while full-year revenue guidance of approximately $1.5 billion was in line with consensus. The available guidance did not include an EPS figure. Klaviyo Q2 earnings estimates
• Neutral Sentiment: The earnings release met profit expectations rather than exceeding them, so the positive market reaction appears primarily tied to the revenue beat, sustained growth, and AI strategy rather than an upside EPS surprise. Klaviyo key earnings metrics

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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