Klaviyo (NYSE:KVYO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Klaviyo (NYSE:KVYO) from a hold rating to a buy rating in a research report sent to investors on Saturday.

Several other research analysts also recently commented on KVYO. Wells Fargo & Company reduced their target price on Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Klaviyo in a report on Wednesday, May 20th. Benchmark cut their price objective on Klaviyo from $33.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Cantor Fitzgerald reduced their price objective on Klaviyo from $35.00 to $28.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 15th. Finally, Citigroup increased their target price on Klaviyo from $31.00 to $34.00 and gave the stock a “buy” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Klaviyo presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.95.

Klaviyo Stock Up 8.0%

Shares of KVYO stock opened at $17.71 on Friday. Klaviyo has a 12-month low of $12.53 and a 12-month high of $36.76. The company has a market capitalization of $5.30 billion, a P/E ratio of -442.74 and a beta of 0.63. The firm has a 50-day moving average price of $15.62 and a 200 day moving average price of $18.43.

Klaviyo (NYSE:KVYO) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The firm had revenue of $358.01 million for the quarter, compared to analyst estimates of $348.57 million. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.16%. The company’s revenue for the quarter was up 27.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.14 earnings per share. As a group, research analysts expect that Klaviyo will post 0.25 earnings per share for the current year.

Insider Activity

In other Klaviyo news, CEO Andrew Bialecki sold 212,529 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $14.61, for a total transaction of $3,105,048.69. Following the transaction, the chief executive officer owned 212,529 shares of the company’s stock, valued at approximately $3,105,048.69. This represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Amanda Whalen sold 14,000 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $13.23, for a total value of $185,220.00. Following the completion of the transaction, the chief financial officer owned 852,192 shares in the company, valued at $11,274,500.16. The trade was a 1.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 649,863 shares of company stock valued at $9,521,105 over the last three months. 37.42% of the stock is owned by insiders.

Institutional Investors Weigh In On Klaviyo

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Klaviyo by 12.3% in 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 period. Jefferies Financial Group Inc. boosted its stake in shares of Klaviyo by 2,320.7% in the 4th quarter. Jefferies Financial Group Inc. now owns 455,000 shares of the company’s stock valued at $14,774,000 after purchasing an additional 436,204 shares during the last quarter. Delta Global Management LP grew its position in shares of Klaviyo by 52.7% during the 4th quarter. Delta Global Management LP now owns 785,308 shares of the company’s stock worth $25,499,000 after buying an additional 270,944 shares during the period. Huntington National Bank grew its position in shares of Klaviyo by 117.1% during the 4th quarter. Huntington National Bank now owns 166,501 shares of the company’s stock worth $5,406,000 after buying an additional 89,800 shares during the period. Finally, Barton Investment Management raised its stake in shares of Klaviyo by 56.7% during the first quarter. Barton Investment Management now owns 1,050,052 shares of the company’s stock worth $20,434,000 after buying an additional 380,010 shares during the last quarter. Institutional investors own 45.43% of the company’s stock.

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.