Klaviyo (NYSE:KVYO) Sets New 12-Month Low on Analyst Downgrade

Key Points

• Shares hit a new 52-week low after KeyCorp cut its price target from $40 to $35 and several analysts trimmed targets, with the stock trading as low as $15.51 (last $16.55); the consensus remains a "Moderate Buy" with a $32.48 target.
• Q1 results beat expectations — Klaviyo reported $350.2M in revenue (≈28–29% growth), topped EPS estimates and raised its full‑year outlook while posting its best operating margin as a public company.
• Significant insider selling and leadership noise — CEO and CFO sales (total insider sales of ~1.47M shares worth $27.2M over 90 days) and the CFO resignation spurred intra‑day weakness despite large institutional stakes from firms like Morgan Stanley and Vanguard.

Shares of Klaviyo, Inc. (NYSE:KVYO - Get Free Report) reached a new 52-week low on Wednesday after KeyCorp lowered their price target on the stock from $40.00 to $35.00. KeyCorp currently has an overweight rating on the stock. Klaviyo traded as low as $15.51 and last traded at $16.55, with a volume of 2851069 shares traded. The stock had previously closed at $23.33.

A number of other analysts also recently issued reports on the company. Robert W. Baird set a $34.00 target price on Klaviyo in a research report on Wednesday, February 11th. Stephens reduced their price target on Klaviyo from $43.00 to $31.00 and set an "overweight" rating for the company in a research report on Wednesday, February 11th. Needham & Company LLC reduced their price target on Klaviyo from $45.00 to $30.00 and set a "buy" rating for the company in a research report on Wednesday, February 11th. Piper Sandler reduced their price target on Klaviyo from $30.00 to $26.00 and set an "overweight" rating for the company in a research report on Wednesday. Finally, Zacks Research cut Klaviyo from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 29th. Eighteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $32.48.

Insider Buying and Selling

In other Klaviyo news, CEO Andrew Bialecki sold 206,827 shares of the company's stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $19.96, for a total value of $4,128,266.92. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Amanda Whalen sold 14,000 shares of Klaviyo stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $18.54, for a total value of $259,560.00. Following the sale, the chief financial officer owned 895,141 shares of the company's stock, valued at approximately $16,595,914.14. This trade represents a 1.54% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,473,909 shares of company stock worth $27,200,157 over the last ninety days. 53.24% of the stock is owned by corporate insiders.

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

Institutional Investors Weigh In On Klaviyo

Several hedge funds have recently added to or reduced their stakes in the company. Morgan Stanley lifted its stake in Klaviyo by 36.1% during the fourth 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 last quarter. Vanguard Group Inc. lifted its stake in Klaviyo by 12.3% during the fourth 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 last quarter. Capital International Investors bought a new stake in Klaviyo during the fourth quarter worth about $415,254,000. Alliancebernstein L.P. lifted its stake in Klaviyo by 8.6% during the third 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 last quarter. Finally, Sands Capital Alternatives LLC lifted its stake in Klaviyo by 3.8% during the fourth 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 last quarter. Institutional investors own 45.43% of the company's stock.

Klaviyo Price Performance

The company has a 50 day simple moving average of $18.97 and a 200-day simple moving average of $23.92. The stock has a market cap of $4.98 billion, a P/E ratio of -135.65 and a beta of 0.79.

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

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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