Klaviyo, Inc. (NYSE:KVYO) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Klaviyo, Inc. has received a consensus recommendation of "Moderate Buy" from 22 brokerage firms, with an average 1-year target price set at $43.65.
• Major shareholder Summit Partners sold 4 million shares of Klaviyo’s stock for a total of $133.4 million, while insiders have sold over 4 million shares in the past three months.
• Klaviyo reported a 31.9% increase in quarterly revenue year-over-year and beat earnings per share estimates, with a reported EPS of $0.16.

Klaviyo, Inc. (NYSE:KVYO - Get Free Report) has been assigned an average rating of "Moderate Buy" from the twenty-two brokerages that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eighteen have given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $43.65.

Several brokerages recently weighed in on KVYO. Needham & Company LLC reduced their price target on Klaviyo from $56.00 to $45.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. Zacks Research raised Klaviyo to a "strong sell" rating in a research note on Friday, August 8th. Cantor Fitzgerald raised Klaviyo to an "overweight" rating and set a $48.00 price target on the stock in a research note on Tuesday, June 3rd. Macquarie reaffirmed a "neutral" rating and issued a $37.00 price target on shares of Klaviyo in a research note on Wednesday, August 6th. Finally, Barclays upped their price target on Klaviyo from $35.00 to $38.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 7th.

Klaviyo Stock Down 0.1%

Shares of KVYO traded down $0.04 during mid-day trading on Thursday, hitting $31.53. 3,068,839 shares of the company's stock traded hands, compared to its average volume of 2,725,008. Klaviyo has a 1 year low of $23.77 and a 1 year high of $49.55. The firm has a market capitalization of $9.46 billion, a P/E ratio of -126.11 and a beta of 1.36. The business's 50-day moving average price is $32.40 and its 200-day moving average price is $33.45.

Klaviyo (NYSE:KVYO - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.03. Klaviyo had a negative return on equity of 1.12% and a negative net margin of 6.19%.The firm had revenue of $293.12 million for the quarter, compared to analysts' expectations of $275.97 million. During the same period in the previous year, the firm earned $0.15 earnings per share. The business's revenue was up 31.9% compared to the same quarter last year. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts anticipate that Klaviyo will post 0.04 earnings per share for the current fiscal year.

Insider Transactions at Klaviyo

In other news, insider Landon Edmond sold 9,965 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $31.46, for a total value of $313,498.90. Following the sale, the insider directly owned 392,584 shares of the company's stock, valued at approximately $12,350,692.64. This represents a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Amanda Whalen sold 15,000 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $31.32, for a total value of $469,800.00. Following the completion of the sale, the chief financial officer directly owned 485,515 shares in the company, valued at approximately $15,206,329.80. This represents a 3.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,087,383 shares of company stock valued at $136,183,878. 53.24% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. TFC Financial Management Inc. bought a new position in shares of Klaviyo during the first quarter valued at $27,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of Klaviyo during the second quarter valued at $31,000. CWM LLC lifted its holdings in shares of Klaviyo by 227.5% during the first quarter. CWM LLC now owns 930 shares of the company's stock valued at $28,000 after purchasing an additional 646 shares in the last quarter. First Horizon Advisors Inc. bought a new position in shares of Klaviyo during the second quarter valued at $37,000. Finally, State of Wyoming bought a new position in shares of Klaviyo during the first quarter valued at $42,000. 45.43% of the stock is owned by institutional investors.

Klaviyo Company Profile

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.