Klaviyo (NYSE:KVYO) Price Target Lowered to $30.00 at Benchmark

Key Points

• Benchmark cut its price target on Klaviyo from $33 to $30 but kept a "buy" rating, a level Benchmark says implies roughly an 84.6% upside from the current share price.
• Klaviyo shares tumbled to $16.25 (down $7.08) on heavy volume after the CFO resignation, despite the company reporting beat‑and‑raise Q1 results — $350.2M revenue (+~29.6% YoY) and EPS above estimates with management raising full‑year guidance.
• There has been notable insider selling (1.47M+ shares sold in the last 90 days) and insiders own ~53.2% of the stock while institutions hold ~45.4%, amid mixed analyst targets and a consensus price target near $32.29.

Klaviyo (NYSE:KVYO - Get Free Report) had its price target reduced by Benchmark from $33.00 to $30.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. Benchmark's target price would suggest a potential upside of 84.64% from the company's current price.

KVYO has been the subject of a number of other research reports. Morgan Stanley set a $34.00 target price on shares of Klaviyo in a research note on Wednesday, April 29th. Mizuho set a $37.00 target price on shares of Klaviyo in a research note on Wednesday, February 11th. KeyCorp cut their target price on shares of Klaviyo from $40.00 to $35.00 and set an "overweight" rating for the company in a research note on Wednesday. Wall Street Zen raised shares of Klaviyo from a "hold" rating to a "buy" rating in a research note on Sunday, March 22nd. Finally, Canaccord Genuity Group set a $32.00 target price on shares of Klaviyo in a research note on Wednesday, February 11th. Eighteen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $32.29.

Klaviyo Stock Performance

Shares of KVYO stock traded down $7.08 on Wednesday, reaching $16.25. 7,064,780 shares of the company were exchanged, compared to its average volume of 4,539,703. The company has a market cap of $4.95 billion, a price-to-earnings ratio of -135.78 and a beta of 0.79. The business has a 50-day moving average price of $18.97 and a 200 day moving average price of $23.92. Klaviyo has a 1 year low of $15.51 and a 1 year high of $37.79.

Klaviyo (NYSE:KVYO - Get Free Report) last released its 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 business had revenue of $350.20 million during the quarter, compared to analysts' expectations of $333.99 million. Klaviyo had a negative net margin of 2.57% and a positive return on equity of 2.03%. The company's quarterly revenue was up 29.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.07 earnings per share. As a group, equities analysts anticipate that Klaviyo will post 0.22 earnings per share for the current year.

Insider Buying and Selling at Klaviyo

In other Klaviyo news, insider Landon Edmond sold 15,093 shares of the business's stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $20.16, for a total value of $304,274.88. Following the transaction, the insider directly owned 326,728 shares in the company, valued at $6,586,836.48. The trade was a 4.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Amanda Whalen sold 14,000 shares of the business's stock in a transaction dated 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 transaction, the chief financial officer owned 895,141 shares in the company, valued at $16,595,914.14. The trade was a 1.54% decrease in their ownership of the stock. 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 1,473,909 shares of company stock worth $27,200,157 in the last ninety days. 53.24% of the stock is owned by insiders.

Institutional Investors Weigh In On Klaviyo

Several institutional investors and hedge funds have recently modified their holdings of the company. Capital International Investors purchased a new stake in shares of Klaviyo in the 4th quarter valued at $415,254,000. Morgan Stanley raised its holdings in shares of Klaviyo by 36.1% in the 4th quarter. Morgan Stanley now owns 14,547,090 shares of the company's stock valued at $472,344,000 after buying an additional 3,855,160 shares during the period. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Klaviyo in the 4th quarter valued at $92,675,000. Vanguard Group Inc. raised its holdings in shares of Klaviyo by 19.2% in the 3rd quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company's stock valued at $354,092,000 after buying an additional 2,059,550 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Klaviyo by 86.8% in the 4th quarter. JPMorgan Chase & Co. now owns 3,564,743 shares of the company's stock valued at $115,747,000 after buying an additional 1,656,912 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 results beat and outlook raised — Klaviyo reported stronger-than-expected Q1 revenue and operating results, highlighted 28% revenue growth and its best operating margin as a public company; management raised full-year outlook, which supports longer-term growth expectations. Klaviyo Delivers Strong Q1 2026 Results
• Positive Sentiment: Earnings and revenue beats — Street beat on EPS and revenue (EPS above consensus; revenue growth ~28%), suggesting core demand and monetization remain healthy. Zacks: Q1 Earnings and Revenues Beat
• Positive Sentiment: Third‑party bullish mentions — Klaviyo was included on a recent “strong buy / growth” stock list, which can help investor interest and flows over time. InsiderMonkey: Strong Buy Growth Stocks
• Neutral Sentiment: Guidance largely in line with consensus — Q2 revenue guidance (~$359–$363M) and FY revenue midpoint were roughly consistent with Street expectations, so the company didn’t materially undercut estimates. MarketBeat: Q1 Release & Guidance
• Neutral Sentiment: Earnings call transcript available — Investors can review management’s commentary and Q&A for color on customer demand, AI/product initiatives, and margin cadence. Seeking Alpha: Q1 2026 Earnings Call Transcript
• Negative Sentiment: CFO resignation sparked immediate selloff — The unexpected announcement that the CFO is stepping down triggered an intra‑day drop as investors price in near‑term execution and leadership uncertainty. Investing.com: CFO Steps Down
• Negative Sentiment: Analyst target trimmed despite “overweight” rating — Piper Sandler cut its price target from $30 to $26 (still overweight), which can pressure sentiment by lowering near‑term valuation expectations. TickerReport: Piper Sandler Lowers PT

About Klaviyo

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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