Klaviyo (NYSE:KVYO) Rating Increased to Buy at Wall Street Zen

Klaviyo (NYSE:KVYO) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

A number of other equities research analysts have also recently issued reports on the stock. Citigroup decreased their price target on shares of Klaviyo from $51.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday. Wells Fargo & Company decreased their target price on Klaviyo from $40.00 to $30.00 and set an “overweight” rating for the company in a research note on Wednesday. The Goldman Sachs Group dropped their price target on Klaviyo from $48.00 to $41.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. Stifel Nicolaus cut their price target on Klaviyo from $40.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Truist Financial lowered their price objective on shares of Klaviyo from $45.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday. Twenty investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $34.24.

Klaviyo Stock Up 0.1%

Shares of Klaviyo stock opened at $18.53 on Friday. Klaviyo has a 12-month low of $18.23 and a 12-month high of $48.00. The stock has a 50 day moving average price of $26.91 and a two-hundred day moving average price of $28.57. The stock has a market capitalization of $5.59 billion, a P/E ratio of -154.36 and a beta of 1.13.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. Klaviyo had a negative net margin of 2.57% and a positive return on equity of 2.03%. The business had revenue of $350.20 million during the quarter, compared to analysts’ expectations of $333.99 million. During the same period in the previous year, the company earned $0.07 earnings per share. Klaviyo’s revenue for the quarter was up 29.6% on a year-over-year basis. Sell-side analysts anticipate that Klaviyo will post 0.04 earnings per share for the current year.

Insider Transactions at Klaviyo

In other Klaviyo news, insider Landon Edmond sold 10,000 shares of Klaviyo stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $25.83, for a total transaction of $258,300.00. Following the sale, the insider owned 343,882 shares in the company, valued at $8,882,472.06. The trade was a 2.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Andrew Bialecki sold 155,219 shares of the business’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $25.33, for a total transaction of $3,931,697.27. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,800,598 shares of company stock valued at $50,974,712. 49.92% of the stock is owned by corporate insiders.

Institutional Trading of Klaviyo

Institutional investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd boosted 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 acquiring an additional 908 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in Klaviyo during the second quarter worth about $31,000. FNY Investment Advisers LLC acquired a new stake in Klaviyo during the third quarter valued at approximately $34,000. First Horizon Advisors Inc. bought a new stake in shares of Klaviyo in the 2nd quarter valued at approximately $37,000. Finally, Quarry LP acquired a new position in shares of Klaviyo in the 3rd quarter worth approximately $44,000. 45.43% of the stock is currently owned by institutional investors and hedge funds.

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.