Klaviyo (NYSE:KVYO) Upgraded by Wall Street Zen to “Buy” Rating

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

KVYO has been the subject of several other reports. Scotiabank set a $32.00 target price on Klaviyo in a research note on Wednesday, June 17th. Weiss Ratings restated a “sell (e+)” rating on shares of Klaviyo in a research report on Wednesday, May 20th. Morgan Stanley set a $34.00 price target on shares of Klaviyo in a research note on Wednesday, April 29th. KeyCorp lowered their price objective on Klaviyo from $40.00 to $35.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Finally, Barclays reduced their target price on Klaviyo from $31.00 to $25.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Klaviyo currently has an average rating of “Moderate Buy” and a consensus target price of $30.95.

Klaviyo Price Performance

NYSE:KVYO opened at $16.43 on Friday. The company has a 50 day moving average price of $15.56 and a 200-day moving average price of $18.59. Klaviyo has a 1-year low of $12.53 and a 1-year high of $36.76. The firm has a market cap of $4.92 billion, a price-to-earnings ratio of -410.57 and a beta of 0.63.

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. The business had revenue of $358.01 million during the quarter, compared to the consensus estimate 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 was up 27.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.14 earnings per share. On average, sell-side analysts anticipate that Klaviyo will post 0.25 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Klaviyo news, Director Ledger Susan St. sold 9,334 shares of Klaviyo stock in a transaction on Monday, May 18th. The stock was sold at an average price of $14.27, for a total value of $133,196.18. Following the sale, the director owned 10,939 shares in the company, valued at $156,099.53. The trade was a 46.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Bialecki sold 212,529 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $14.61, for a total value of $3,105,048.69. Following the completion of the transaction, the chief executive officer directly owned 212,529 shares in the company, valued at approximately $3,105,048.69. This trade represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 649,863 shares of company stock valued at $9,521,105 over the last quarter. 37.42% of the stock is owned by insiders.

Hedge Funds Weigh In On Klaviyo

Institutional investors have recently bought and sold shares of the company. Handelsbanken Fonder AB increased its stake in Klaviyo by 62.5% during the second quarter. Handelsbanken Fonder AB now owns 43,700 shares of the company’s stock worth $660,000 after purchasing an additional 16,800 shares during the period. Optiver Holding B.V. purchased a new position in shares of Klaviyo in the first quarter valued at approximately $39,000. Lavelle Capital LP acquired a new position in shares of Klaviyo in the first quarter valued at approximately $994,000. Bank of America Corp DE grew its holdings in shares of Klaviyo by 88.9% in the first quarter. Bank of America Corp DE now owns 1,686,770 shares of the company’s stock valued at $32,825,000 after purchasing an additional 793,613 shares in the last quarter. Finally, Janus Henderson Group PLC increased its stake in Klaviyo by 15.6% during the 1st quarter. Janus Henderson Group PLC now owns 1,025,134 shares of the company’s stock worth $19,951,000 after buying an additional 138,356 shares during the period. 45.43% of the stock is owned by institutional investors and hedge funds.

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.