Klaviyo (NYSE:KVYO) Given New $26.00 Price Target at Piper Sandler

Key Points

• Piper Sandler cut its price target on Klaviyo to $26 (from $30) while keeping an "overweight" rating, implying roughly an 11.4% upside from the current price.
• Klaviyo beat Q1 estimates—revenue and EPS topped Street forecasts with about 27–28% revenue growth—and management raised the full‑year revenue outlook with improving operating margins.
• Market sentiment is mixed as the CFO's departure and sizable insider sales (shares reportedly fell ~18%) created near‑term pressure, even though insiders still own over 53% and institutions have been adding positions.

Klaviyo (NYSE:KVYO - Get Free Report) had its price objective cut by investment analysts at Piper Sandler from $30.00 to $26.00 in a report released on Wednesday,Benzinga reports. The firm currently has an "overweight" rating on the stock. Piper Sandler's target price points to a potential upside of 11.36% from the company's current price.

A number of other brokerages have also commented on KVYO. Wells Fargo & Company decreased their price target on shares of Klaviyo from $40.00 to $30.00 and set an "overweight" rating on the stock in a report on Wednesday, February 11th. Needham & Company LLC cut their price objective on shares of Klaviyo from $45.00 to $30.00 and set a "buy" rating for the company in a research note on Wednesday, February 11th. Canaccord Genuity Group set a $32.00 price objective on shares of Klaviyo in a research note on Wednesday, February 11th. Cantor Fitzgerald cut their price objective on shares of Klaviyo from $35.00 to $28.00 and set an "overweight" rating for the company in a research note on Wednesday, April 15th. Finally, Truist Financial cut their price objective on shares of Klaviyo from $45.00 to $35.00 and set a "buy" rating for the company in a research note on Wednesday, February 11th. Eighteen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Klaviyo presently has an average rating of "Moderate Buy" and a consensus price target of $32.71.

Klaviyo Price Performance

Shares of NYSE:KVYO opened at $23.35 on Wednesday. The company's fifty day moving average price is $18.97 and its 200-day moving average price is $23.92. The firm has a market capitalization of $7.12 billion, a price-to-earnings ratio of -194.55 and a beta of 0.79. Klaviyo has a one year low of $15.53 and a one year high of $37.79.

Klaviyo (NYSE:KVYO - Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.02. The firm had revenue of $350.20 million for the quarter, compared to analyst estimates of $333.99 million. Klaviyo had a negative net margin of 2.57% and a positive return on equity of 2.03%. The business's revenue for the quarter was up 29.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.07 EPS. As a group, equities research analysts expect that Klaviyo will post 0.22 EPS for the current year.

Insider Buying and Selling at Klaviyo

In other Klaviyo news, CFO Amanda Whalen sold 14,000 shares of the stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $18.54, for a total transaction of $259,560.00. Following the completion of the sale, the chief financial officer owned 895,141 shares of the company's stock, valued at $16,595,914.14. This represents a 1.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Bialecki sold 200,000 shares of the stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $17.19, for a total transaction of $3,438,000.00. Following the sale, the chief executive officer directly owned 200,000 shares of the company's stock, valued at $3,438,000. The trade was a 50.00% 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 sold 1,473,909 shares of company stock valued at $27,200,157 in the last quarter. Company insiders own 53.24% of the company's stock.

Institutional Investors Weigh In On Klaviyo

Institutional investors have recently added to or reduced their stakes in the company. Morgan Stanley lifted its position in shares of Klaviyo by 36.1% in the 4th quarter. Morgan Stanley now owns 14,547,090 shares of the company's stock worth $472,344,000 after purchasing an additional 3,855,160 shares during the period. Vanguard Group Inc. lifted its position in shares of Klaviyo by 12.3% in the 4th quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company's stock worth $466,319,000 after purchasing an additional 1,573,812 shares during the period. Capital International Investors purchased a new stake in shares of Klaviyo in the 4th quarter worth about $415,254,000. Alliancebernstein L.P. lifted its position in shares of Klaviyo by 8.6% in the 3rd quarter. Alliancebernstein L.P. now owns 4,806,677 shares of the company's stock worth $133,097,000 after purchasing an additional 382,428 shares during the period. Finally, Sands Capital Alternatives LLC lifted its position in shares of Klaviyo by 3.8% in the 4th quarter. Sands Capital Alternatives LLC now owns 3,649,678 shares of the company's stock worth $118,505,000 after purchasing an additional 134,613 shares during the period. Hedge funds and other institutional investors own 45.43% of the company's stock.

Key Headlines Impacting Klaviyo

Here are the key news stories impacting Klaviyo this week:

• Positive Sentiment: Q1 beat and raised outlook — Klaviyo reported revenue of about $358M and EPS of $0.22, above Street estimates, highlighted 27–28% revenue growth and its best operating margin as a public company; management raised full-year revenue outlook. Klaviyo Delivers Strong Q1 2026 Results: 28% Revenue Growth, Record Operating Margin, and Raises Full Year Outlook
• Positive Sentiment: Earnings surprises and key metrics — Multiple outlets report the company beat consensus on revenue and EPS (Zacks/MarketBeat), with revenue growth near 28% and improved unit economics that support margin expansion expectations. Klaviyo, Inc. (KVYO) Q1 Earnings and Revenues Beat Estimates
• Neutral Sentiment: Earnings call transcript available — The full Q1 2026 earnings call transcript (Seeking Alpha) provides detail on product adoption, autonomous B2C CRM traction and management commentary useful for modeling customer and margin cadence. Klaviyo, Inc. (KVYO) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst notes and coverage — Recent analyst commentary and coverage pieces summarize the beat and updated guidance; useful for tracking revisions to estimates and target prices. Analysts Offer Insights on Technology Companies: Bitdeer Technologies (BTDR) and Klaviyo, Inc. Class A (KVYO)
• Neutral Sentiment: Retail/investor lists — Klaviyo was recently included in a "strong buy growth stocks" roundup, which can modestly boost retail interest but is less material than earnings and guidance. 5 Best Strong Buy Growth Stocks to Buy Right Now
• Negative Sentiment: CFO departure and short-term sell pressure — Klaviyo disclosed its CFO is stepping down; markets reacted negatively (shares reportedly tumbled ~18% on the news), injecting near-term uncertainty around finance leadership and execution even as fundamentals look strong. Klaviyo shares tumble 18% despite Q1 beat as CFO steps down

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.

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