Klaviyo (NYSE:KVYO) Price Target Cut to $30.00 by Analysts at Benchmark

Klaviyo (NYSE:KVYO) had its price target reduced by Benchmark from $33.00 to $30.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have a buy rating on the stock.

KVYO has been the subject of a number of other reports. Mizuho set a $37.00 price target on Klaviyo in a report on Wednesday, February 11th. Stephens reduced their target price on shares of Klaviyo from $43.00 to $31.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Barclays lowered their price target on shares of Klaviyo from $31.00 to $25.00 and set an “overweight” rating for the company in a report on Wednesday. William Blair reissued an “outperform” rating on shares of Klaviyo in a research note on Monday, March 2nd. Finally, Zacks Research cut shares of Klaviyo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 29th. Eighteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.60.

Klaviyo Price Performance

Shares of NYSE KVYO opened at $15.87 on Wednesday. The firm’s 50-day moving average is $18.97 and its two-hundred day moving average is $23.86. The company has a market capitalization of $4.84 billion, a PE ratio of -396.55 and a beta of 0.79. Klaviyo has a 12-month low of $15.31 and a 12-month high of $37.79.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.17%. The business had revenue of $358.01 million during the quarter, compared to analysts’ expectations of $348.57 million. During the same period last year, the company posted $0.14 EPS. The company’s revenue was up 27.9% on a year-over-year basis. On average, analysts forecast that Klaviyo will post 0.22 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Andrew Bialecki sold 206,827 shares of the stock in a transaction on 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 the SEC website. Also, 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 sale, the insider directly owned 326,728 shares of the company’s stock, valued at approximately $6,586,836.48. This trade represents a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,473,909 shares of company stock valued at $27,200,157 over the last quarter. Company insiders own 49.92% of the company’s stock.

Hedge Funds Weigh In On Klaviyo

Several hedge funds and other institutional investors have recently modified their holdings of KVYO. Caitong International Asset Management Co. Ltd increased its position in Klaviyo by 1,650.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock worth $27,000 after purchasing an additional 908 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in Klaviyo during the third quarter valued at approximately $34,000. Quarry LP purchased a new stake in Klaviyo during the third quarter worth approximately $44,000. Osaic Holdings Inc. increased its position in shares of Klaviyo by 317.0% in the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after acquiring an additional 1,284 shares in the last quarter. Finally, RiverPark Advisors LLC purchased a new position in shares of Klaviyo in the 3rd quarter valued at $69,000. 45.43% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Klaviyo

Here are the key news stories impacting Klaviyo this week:

• Positive Sentiment: Q1 results beat expectations: revenue grew ~28%, EPS and revenue topped estimates, operating margin was the strongest since going public, and management raised the full?year outlook. These fundamentals support longer?term upside. Klaviyo Q1 Release
• Neutral Sentiment: Some sell?side firms lowered price targets but kept Buy/Overweight ratings (Stifel, Benchmark, Wells Fargo, Piper Sandler, etc.), signaling conviction in the business while tempering near?term valuation expectations. Analyst Notes
• Neutral Sentiment: Retail/quant mentions: Klaviyo was included in recent “strong buy” lists, which can attract some longer?term buyers but hasn’t offset today’s selling pressure. InsiderMonkey Article
• Negative Sentiment: CFO departure and reported C?suite shakeup have spooked investors — management turnover increases execution risk and uncertainty about near?term strategy. CFO Steps Down
• Negative Sentiment: Shares plunged to record intraday lows on heavy volume as the market digested the management change and trimmed forward valuation expectations — a technical sell?off amplified by momentum traders. Schaeffer’s Coverage
• Negative Sentiment: Multiple price?target cuts (from mid?$30s down into the mid?$20s/low?$30s) reduce near?term upside expectations and may pressure sentiment until clarity on management stability and execution returns. Price Target Actions

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.