Stifel Nicolaus Has Lowered Expectations for Klaviyo (NYSE:KVYO) Stock Price

Klaviyo (NYSE:KVYOGet Free Report) had its price objective decreased by research analysts at Stifel Nicolaus from $28.00 to $24.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 35.48% from the company’s previous close.

Several other research firms also recently commented on KVYO. Cantor Fitzgerald reduced their price target on shares of Klaviyo from $35.00 to $28.00 and set an “overweight” rating for the company in a research report on Wednesday, April 15th. Morgan Stanley set a $34.00 price objective on shares of Klaviyo in a research note on Wednesday, April 29th. Scotiabank set a $32.00 target price on shares of Klaviyo in a report on Wednesday, June 17th. Jefferies Financial Group set a $25.00 target price on shares of Klaviyo in a research note on Saturday, May 9th. Finally, Barclays lowered their price target on Klaviyo from $31.00 to $25.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $30.81.

View Our Latest Stock Report on Klaviyo

Klaviyo Stock Up 3.2%

KVYO opened at $17.71 on Friday. Klaviyo has a 52 week low of $12.53 and a 52 week high of $36.76. The business’s 50 day moving average is $15.43 and its two-hundred day moving average is $19.66. The firm has a market cap of $5.30 billion, a price-to-earnings ratio of -440.34 and a beta of 0.63.

Klaviyo (NYSE:KVYOGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.03. The business had revenue of $358.01 million during the quarter, compared to the consensus estimate of $348.57 million. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.The company’s revenue was up 27.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.14 earnings per share. Equities analysts expect that Klaviyo will post 0.25 EPS for the current fiscal year.

Insider Transactions at Klaviyo

In other Klaviyo news, CFO Amanda Whalen sold 14,000 shares of Klaviyo stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $13.23, for a total transaction of $185,220.00. Following the completion of the transaction, the chief financial officer owned 852,192 shares in the company, valued at approximately $11,274,500.16. The trade was a 1.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Bialecki sold 212,529 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $14.61, for a total transaction of $3,105,048.69. Following the completion of the sale, the chief executive officer owned 212,529 shares in the company, valued at $3,105,048.69. This represents a 50.00% 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 sold a total of 873,486 shares of company stock worth $13,411,125 over the last ninety days. 37.42% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Klaviyo

A number of large investors have recently bought and sold shares of KVYO. Caitong International Asset Management Co. Ltd raised its holdings in shares of Klaviyo by 1,650.9% in the third 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 during the last quarter. FNY Investment Advisers LLC purchased a new stake in Klaviyo during the 3rd quarter worth about $34,000. Optiver Holding B.V. purchased a new position in Klaviyo in the 1st quarter valued at about $39,000. Quarry LP acquired a new stake in shares of Klaviyo during the 3rd quarter worth about $44,000. Finally, Osaic Holdings Inc. grew its holdings in shares of Klaviyo by 317.0% during the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after buying an additional 1,284 shares in the last quarter. Institutional investors and hedge funds own 45.43% of the company’s stock.

Klaviyo Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Klaviyo (NYSE:KVYO)

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