Cantor Fitzgerald Weighs in on Klaviyo FY2025 Earnings

Key Points

• Cantor Fitzgerald has projected Klaviyo's FY2025 earnings at $0.05 per share, up from the current consensus estimate of $0.04 per share, indicating positive growth expectations.
• After beating earnings expectations, Klaviyo reported $0.16 earnings per share for the recent quarter, with revenue up 31.9% year-over-year at $293.12 million.
• Klaviyo's stock has an average rating of "Moderate Buy" among analysts, with a consensus price target of $43.65 following multiple upgrades from various brokerages.

Klaviyo, Inc. (NYSE:KVYO - Free Report) - Stock analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for shares of Klaviyo in a note issued to investors on Wednesday, August 6th. Cantor Fitzgerald analyst M. Vanvliet anticipates that the company will post earnings of $0.05 per share for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $48.00 price target on the stock. The consensus estimate for Klaviyo's current full-year earnings is $0.04 per share. Cantor Fitzgerald also issued estimates for Klaviyo's FY2026 earnings at $0.17 EPS.

KVYO has been the subject of several other reports. Benchmark upped their price objective on shares of Klaviyo from $44.00 to $46.00 and gave the stock a "buy" rating in a report on Wednesday. Needham & Company LLC decreased their price objective on shares of Klaviyo from $56.00 to $45.00 and set a "buy" rating for the company in a report on Wednesday, May 7th. Scotiabank set a $35.00 price objective on shares of Klaviyo and gave the stock a "sector perform" rating in a report on Wednesday, May 7th. Wall Street Zen upgraded shares of Klaviyo from a "hold" rating to a "buy" rating in a research note on Saturday. Finally, TD Cowen increased their price objective on shares of Klaviyo from $45.00 to $46.00 and gave the company a "buy" rating in a research note on Wednesday. Three research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $43.65.

Klaviyo Stock Performance

KVYO stock traded down $1.68 during trading hours on Friday, hitting $32.35. The company's stock had a trading volume of 1,969,369 shares, compared to its average volume of 1,920,965. Klaviyo has a 12 month low of $23.77 and a 12 month high of $49.55. The stock has a 50 day moving average price of $33.05 and a two-hundred day moving average price of $34.67.

Klaviyo (NYSE:KVYO - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.03. Klaviyo had a negative net margin of 6.19% and a negative return on equity of 1.12%. The business had revenue of $293.12 million for the quarter, compared to analyst estimates of $275.97 million. During the same quarter in the previous year, the business earned $0.15 earnings per share. The firm's revenue was up 31.9% compared to the same quarter last year.

Insider Activity at Klaviyo

In other Klaviyo news, major shareholder Summit Partners L. P sold 4,000,000 shares of the stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $33.35, for a total value of $133,400,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Stephen Eric Rowland sold 7,079 shares of the stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $31.56, for a total value of $223,413.24. Following the completion of the sale, the president directly owned 435,845 shares in the company, valued at approximately $13,755,268.20. This represents a 1.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,094,418 shares of company stock valued at $268,580,202 in the last ninety days. Insiders own 53.24% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Fiera Capital Corp bought a new position in shares of Klaviyo in the second quarter worth about $42,645,000. Focus Partners Wealth bought a new stake in Klaviyo during the 4th quarter valued at approximately $38,870,000. D. E. Shaw & Co. Inc. raised its stake in Klaviyo by 195.4% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,310,227 shares of the company's stock valued at $54,034,000 after purchasing an additional 866,749 shares during the period. Lord Abbett & CO. LLC raised its stake in Klaviyo by 105.6% during the 1st quarter. Lord Abbett & CO. LLC now owns 1,538,220 shares of the company's stock valued at $46,546,000 after purchasing an additional 790,146 shares during the period. Finally, Vanguard Group Inc. raised its stake in Klaviyo by 9.7% during the 1st quarter. Vanguard Group Inc. now owns 8,467,933 shares of the company's stock valued at $256,240,000 after purchasing an additional 746,078 shares during the period. Institutional investors own 45.43% of the company's stock.

About Klaviyo

Klaviyo, Inc, a technology company, provides a software-as-a-service platform in the United States, other Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers Klaviyo, a cloud-native platform for data store, segmentation engine, campaigns and flows, and messaging infrastructure.