Brokerages Set Klaviyo, Inc. (NYSE:KVYO) PT at $34.24

Shares of Klaviyo, Inc. (NYSE:KVYO) have been given a consensus rating of “Moderate Buy” by the twenty-three analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and nineteen have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $34.2381.

Several equities analysts have recently issued reports on the stock. Stifel Nicolaus decreased their price target on shares of Klaviyo from $40.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Jefferies Financial Group decreased their price target on shares of Klaviyo from $35.00 to $29.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Piper Sandler reissued an “overweight” rating and issued a $30.00 price target on shares of Klaviyo in a report on Wednesday, February 11th. Stephens decreased their price target on shares of Klaviyo from $43.00 to $31.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. Finally, Mizuho set a $37.00 price target on shares of Klaviyo in a report on Wednesday, February 11th.

Insider Buying and Selling at Klaviyo

In other news, insider Landon Edmond sold 15,093 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $20.16, for a total value of $304,274.88. Following the completion of the transaction, the insider owned 326,728 shares of the company’s stock, valued at $6,586,836.48. The trade was a 4.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Andrew Bialecki sold 206,827 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $19.96, for a total transaction of $4,128,266.92. The SEC filing for this sale provides additional information. Insiders sold a total of 1,738,077 shares of company stock valued at $35,931,953 in the last three months. 49.92% of the stock is owned by company insiders.

Hedge Funds Weigh In On Klaviyo

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KVYO. Royal Bank of Canada boosted its stake in Klaviyo by 59.4% in the 1st quarter. Royal Bank of Canada now owns 10,008 shares of the company’s stock worth $303,000 after purchasing an additional 3,730 shares during the period. Amundi boosted its stake in Klaviyo by 109.7% in the 1st quarter. Amundi now owns 14,361 shares of the company’s stock worth $400,000 after purchasing an additional 7,514 shares during the period. AQR Capital Management LLC acquired a new position in Klaviyo in the 1st quarter worth $359,000. Woodline Partners LP boosted its stake in Klaviyo by 54.5% in the 1st quarter. Woodline Partners LP now owns 12,419 shares of the company’s stock worth $376,000 after purchasing an additional 4,379 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Klaviyo by 40.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,158 shares of the company’s stock worth $4,483,000 after purchasing an additional 42,980 shares during the period. 45.43% of the stock is owned by institutional investors and hedge funds.

Klaviyo Stock Performance

Shares of Klaviyo stock opened at $18.60 on Friday. The firm has a fifty day moving average of $19.28 and a two-hundred day moving average of $25.08. The stock has a market capitalization of $5.67 billion, a price-to-earnings ratio of -154.95 and a beta of 0.86. Klaviyo has a 52 week low of $15.53 and a 52 week high of $37.79.

Klaviyo (NYSE:KVYO) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company 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 business earned $0.07 EPS. The firm’s revenue was up 29.6% on a year-over-year basis. As a group, research analysts forecast that Klaviyo will post 0.04 EPS for the current fiscal year.

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.