Klaviyo (NYSE:KVYO) Stock Rating Lowered by Zacks Research

Klaviyo (NYSE:KVYO) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Other analysts have also recently issued reports about the stock. Truist Financial set a $45.00 target price on shares of Klaviyo in a research note on Tuesday, November 25th. Barclays cut their price target on Klaviyo from $43.00 to $42.00 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Weiss Ratings assumed coverage on shares of Klaviyo in a research note on Saturday, November 1st. They set a “sell (d-)” rating on the stock. Benchmark restated a “buy” rating on shares of Klaviyo in a research report on Tuesday, November 4th. Finally, BTIG Research initiated coverage on Klaviyo in a research report on Monday, December 15th. They set a “buy” rating and a $40.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Klaviyo currently has a consensus rating of “Moderate Buy” and a consensus target price of $41.76.

Klaviyo Stock Performance

Shares of Klaviyo stock opened at $22.21 on Thursday. The company has a 50-day simple moving average of $28.67 and a two-hundred day simple moving average of $29.44. Klaviyo has a one year low of $22.03 and a one year high of $49.55. The company has a market capitalization of $6.71 billion, a PE ratio of -92.54 and a beta of 1.08.

Klaviyo (NYSE:KVYO) last posted its earnings results on Wednesday, November 5th. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.04. Klaviyo had a negative net margin of 5.70% and a negative return on equity of 1.00%. The company had revenue of $310.88 million during the quarter, compared to analysts’ expectations of $299.93 million. During the same quarter in the prior year, the company posted $0.15 earnings per share. Klaviyo’s revenue for the quarter was up 32.2% compared to the same quarter last year. On average, equities analysts predict that Klaviyo will post 0.04 earnings per share for the current fiscal year.

Insider Buying and Selling at Klaviyo

In other news, CFO Amanda Whalen sold 14,000 shares of Klaviyo stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $25.83, for a total transaction of $361,620.00. Following the transaction, the chief financial officer owned 442,219 shares in the company, valued at $11,422,516.77. The trade was a 3.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Landon Edmond sold 10,000 shares of the firm’s stock in a transaction dated Thursday, January 15th. The stock was 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 of the company’s stock, valued at approximately $8,882,472.06. The trade was a 2.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,862,901 shares of company stock worth $52,846,182 in the last three months. 49.92% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

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

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.