Klaviyo (NYSE:KVYO) Downgraded by Wall Street Zen to "Hold"

Key Points

• Wall Street Zen downgraded Klaviyo to “Hold” from “Buy,” while Benchmark also cut its rating. Other analysts lowered price targets, though the overall consensus remains “Moderate Buy” with an average target of $27.14.
• Klaviyo reported quarterly revenue of $370.6 million, up 26.4% year over year and above expectations, while EPS of $0.19 matched estimates.
• The stock opened at $16.68, well below its 12-month high of $36.22. Company insiders sold 649,863 shares worth approximately $9.5 million during the last quarter.

Klaviyo (NYSE:KVYO - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a note issued to investors on Saturday.

Other equities research analysts have also recently issued research reports about the stock. Benchmark cut shares of Klaviyo from a "buy" rating to a "hold" rating in a research note on Thursday. Cantor Fitzgerald decreased their price target on shares of Klaviyo from $35.00 to $28.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 15th. Canaccord Genuity Group lowered their price target on shares of Klaviyo from $32.00 to $29.00 and set a "buy" rating on the stock in a research report on Thursday. TD Cowen dropped their price objective on shares of Klaviyo from $27.00 to $26.00 and set a "buy" rating for the company in a research note on Thursday. Finally, Morgan Stanley set a $31.00 price objective on shares of Klaviyo in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Klaviyo presently has a consensus rating of "Moderate Buy" and an average target price of $27.14.

Klaviyo Price Performance

Shares of Klaviyo stock opened at $16.68 on Friday. The stock has a market capitalization of $4.99 billion, a P/E ratio of 834.57 and a beta of 0.54. The business has a 50 day simple moving average of $16.24 and a two-hundred day simple moving average of $17.93. Klaviyo has a 12 month low of $12.53 and a 12 month high of $36.22.

Klaviyo (NYSE:KVYO - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19. Klaviyo had a return on equity of 5.67% and a net margin of 0.49%.The firm had revenue of $370.58 million during the quarter, compared to analysts' expectations of $362.08 million. During the same period in the previous year, the business earned $0.16 earnings per share. The firm's revenue for the quarter was up 26.4% on a year-over-year basis. As a group, research analysts anticipate that Klaviyo will post 0.25 EPS for the current fiscal year.

Insider Transactions at Klaviyo

In other 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 transaction, the chief executive officer owned 212,529 shares of the company's stock, valued at approximately $3,105,048.69. The trade was a 50.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Amanda Whalen sold 14,000 shares of the company's stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $13.23, for a total transaction of $185,220.00. Following the completion of the sale, the chief financial officer directly owned 852,192 shares of the company's stock, valued at $11,274,500.16. This represents a 1.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 649,863 shares of company stock worth $9,521,105 in the last quarter. Company insiders own 37.42% of the company's stock.

Institutional Trading of Klaviyo

Hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd raised its position in shares of 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 during the period. Quarry LP purchased a new position in Klaviyo in the third quarter worth approximately $44,000. Osaic Holdings Inc. grew its position in 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 period. Optiver Holding B.V. acquired a new stake in Klaviyo during the first quarter worth $39,000. Finally, Rockefeller Capital Management L.P. increased its stake in Klaviyo by 2,641.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 3,207 shares of the company's stock worth $104,000 after acquiring an additional 3,090 shares during the last quarter. Hedge funds and other institutional investors own 45.43% of the company's stock.

Trending Headlines about Klaviyo

Here are the key news stories impacting Klaviyo this week:

• Positive Sentiment: Klaviyo reported second-quarter earnings of $0.19 per share, matching expectations and improving from $0.16 a year earlier. Revenue reached $370.6 million, exceeding the $362.1 million consensus estimate and rising 26.4% year over year. Klaviyo Meets Q2 Earnings Estimates
• Positive Sentiment: The company projected 2026 revenue of approximately $1.526 billion to $1.534 billion while integrating its Agency acquisition, signaling continued growth despite the added execution demands. Klaviyo 2026 Revenue Outlook
• Positive Sentiment: Investors are also focusing on Klaviyo’s new AI product leadership and related product initiatives, which could improve automation capabilities, customer engagement and long-term growth prospects. Klaviyo’s New AI Product Leadership
• Neutral Sentiment: Several analysts retained bullish ratings, including overweight or buy recommendations. Stephens raised its target to $25, while Wells Fargo, Stifel, Piper Sandler, BTIG and KeyCorp continue to see substantial upside despite reducing or resetting their targets.
• Negative Sentiment: Multiple firms lowered their price targets following the earnings report: Wells Fargo to $22, Stifel to $22, Piper Sandler to $23, BTIG to $25 and KeyCorp to $29. The cuts suggest analysts remain constructive but have moderated expectations or valuation assumptions.
• Negative Sentiment: Klaviyo declined alongside much of the software sector after earnings, indicating that broader risk-off sentiment and investor concerns about software valuations may be outweighing the company’s revenue beat and AI narrative. Software Sector Weakness After Earnings

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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