Klaviyo (KVYO) Expected to Announce Quarterly Earnings on Tuesday

Klaviyo (NYSE:KVYO - Get Free Report) is expected to be releasing its Q1 2025 earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $267.79 million for the quarter. Klaviyo has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

Klaviyo (NYSE:KVYO - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by ($0.12). Klaviyo had a negative net margin of 4.92% and a positive return on equity of 0.89%. The company had revenue of $270.16 million during the quarter, compared to analysts' expectations of $257.24 million. On average, analysts expect Klaviyo to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Klaviyo Stock Up 4.1 %

Shares of Klaviyo stock traded up $1.30 during mid-day trading on Friday, reaching $32.83. 2,056,124 shares of the stock traded hands, compared to its average volume of 1,359,447. The stock has a market capitalization of $8.97 billion, a PE ratio of -182.39 and a beta of 1.39. The business has a 50-day moving average of $31.18 and a 200 day moving average of $37.55. Klaviyo has a fifty-two week low of $21.26 and a fifty-two week high of $49.55.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on KVYO. Benchmark raised their price objective on Klaviyo from $40.00 to $51.00 and gave the company a "buy" rating in a report on Wednesday, February 19th. Truist Financial decreased their price target on shares of Klaviyo from $55.00 to $40.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Mizuho lowered their price target on shares of Klaviyo from $52.00 to $40.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 15th. Stifel Nicolaus increased their price objective on shares of Klaviyo from $45.00 to $54.00 and gave the company a "buy" rating in a report on Thursday, February 20th. Finally, Cantor Fitzgerald boosted their target price on Klaviyo from $47.00 to $54.00 and gave the stock an "overweight" rating in a report on Thursday, February 20th. Five investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $43.47.

Insider Activity

In other news, major shareholder Summit Partners L. P sold 2,000,000 shares of Klaviyo stock in a transaction on Friday, March 14th. The stock was sold at an average price of $32.44, for a total value of $64,880,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Stephen Eric Rowland sold 36,710 shares of the stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $35.08, for a total value of $1,287,786.80. Following the transaction, the president now directly owns 246,254 shares in the company, valued at approximately $8,638,590.32. The trade was a 12.97 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 2,088,770 shares of company stock valued at $67,947,356. Company insiders own 53.24% of the company's stock.

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.