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 released on Saturday morning.

A number of other research analysts also recently weighed in on the company. Citigroup cut their price target on Klaviyo from $51.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. The Goldman Sachs Group cut their target price on Klaviyo from $48.00 to $41.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. TD Cowen restated a “buy” rating on shares of Klaviyo in a report on Wednesday, February 11th. Zacks Research cut Klaviyo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 29th. Finally, Robert W. Baird set a $34.00 price objective on shares of Klaviyo in a report on Wednesday, February 11th. Twenty equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $34.24.

Klaviyo Trading Up 0.1%

Shares of NYSE KVYO opened at $18.53 on Friday. Klaviyo has a 1 year low of $18.23 and a 1 year high of $48.00. The firm’s 50-day moving average is $26.68 and its 200-day moving average is $28.42. The firm has a market capitalization of $5.59 billion, a PE ratio of -154.36 and a beta of 1.14.

Klaviyo (NYSE:KVYO) last posted its quarterly earnings results 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 the consensus estimate of $333.99 million. During the same period in the previous year, the firm posted $0.07 earnings per share. Klaviyo’s revenue for the quarter was up 29.6% compared to the same quarter last year. As a group, equities research analysts anticipate that Klaviyo will post 0.04 earnings per share for the current fiscal year.

Insider Activity at Klaviyo

In related news, Director Ed Hallen sold 117,550 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $30.36, for a total value of $3,568,818.00. Following the completion of the transaction, the director directly owned 133,624 shares of the company’s stock, valued at approximately $4,056,824.64. This represents a 46.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Andrew Bialecki sold 167,926 shares of the stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $24.16, for a total value of $4,057,092.16. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,653,269 shares of company stock valued at $46,973,257 in the last quarter. Corporate insiders own 53.24% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of KVYO. Capital International Investors bought a new stake in Klaviyo in the 4th quarter valued at approximately $415,254,000. Morgan Stanley grew its stake in shares of Klaviyo by 36.1% during the 4th quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock worth $472,344,000 after acquiring an additional 3,855,160 shares in the last quarter. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Klaviyo in the fourth quarter valued at approximately $92,675,000. Vanguard Group Inc. lifted its position in shares of Klaviyo by 19.2% in the third quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company’s stock worth $354,092,000 after purchasing an additional 2,059,550 shares in the last quarter. Finally, Cooper Creek Partners Management LLC acquired a new position in Klaviyo during the second quarter worth $57,109,000. 45.43% of the stock is currently owned by institutional investors.

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.