Citigroup Issues Positive Forecast for Klaviyo (NYSE:KVYO) Stock Price

Klaviyo (NYSE:KVYO) had its price target lifted by stock analysts at Citigroup from $34.00 to $36.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Citigroup’s price objective would suggest a potential upside of 115.79% from the stock’s previous close.

A number of other analysts also recently commented on KVYO. Wall Street Zen upgraded shares of Klaviyo from a “hold” rating to a “buy” rating in a research report on Saturday, July 25th. Truist Financial lowered their price objective on shares of Klaviyo from $35.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday. Robert W. Baird set a $25.00 target price on Klaviyo in a report on Thursday. Mizuho set a $28.00 target price on Klaviyo in a research report on Thursday. Finally, Weiss Ratings raised Klaviyo from a “sell (e+)” rating to a “sell (d)” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $27.14.

Klaviyo Stock Down 0.3%

Klaviyo stock traded down $0.05 during mid-day trading on Friday, hitting $16.68. 9,003,694 shares of the company’s stock traded hands, compared to its average volume of 5,484,212. Klaviyo has a one year low of $12.53 and a one year high of $36.22. The firm has a 50 day moving average price of $16.22 and a 200 day moving average price of $17.94. The company has a market cap of $4.99 billion, a PE ratio of 834.57 and a beta of 0.54.

Klaviyo (NYSE:KVYO) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. The company had revenue of $370.58 million during the quarter, compared to analysts’ expectations of $362.08 million. Klaviyo had a return on equity of 5.43% and a net margin of 0.49%.The company’s revenue for the quarter was up 26.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.16 earnings per share. On average, analysts expect that Klaviyo will post 0.25 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Amanda Whalen sold 14,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $13.23, for a total transaction of $185,220.00. Following the completion of the sale, the chief financial officer directly owned 852,192 shares of the company’s stock, valued at $11,274,500.16. This trade represents a 1.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ledger Susan St. sold 9,334 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of $14.27, for a total value of $133,196.18. Following the completion of the transaction, the director owned 10,939 shares of the company’s stock, valued at $156,099.53. This trade represents a 46.04% 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. In the last 90 days, insiders sold 649,863 shares of company stock worth $9,521,105. Insiders own 37.42% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd grew its position 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 purchasing an additional 908 shares in the last quarter. Quarry LP acquired a new position in shares of Klaviyo in the 3rd quarter valued at about $44,000. Osaic Holdings Inc. lifted its position in shares of Klaviyo by 317.0% in the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after purchasing an additional 1,284 shares in the last quarter. Optiver Holding B.V. purchased a new stake in shares of Klaviyo in the first quarter worth approximately $39,000. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Klaviyo by 2,641.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 3,207 shares of the company’s stock worth $104,000 after purchasing an additional 3,090 shares during the period. 45.43% of the stock is owned by hedge funds and other institutional investors.

Klaviyo News Roundup

Here are the key news stories impacting Klaviyo this week:

• Positive Sentiment: Klaviyo reported second-quarter earnings of $0.19 per share, matching expectations and improving from $0.16 a year earlier. Revenue reached $370.6 million, exceeding the $362.1 million consensus estimate and rising 26.4% year over year. Klaviyo Meets Q2 Earnings Estimates
• Positive Sentiment: The company projected 2026 revenue of approximately $1.526 billion to $1.534 billion while integrating its Agency acquisition, signaling continued growth despite the added execution demands. Klaviyo 2026 Revenue Outlook
• Positive Sentiment: Investors are also focusing on Klaviyo’s new AI product leadership and related product initiatives, which could improve automation capabilities, customer engagement and long-term growth prospects. Klaviyo’s New AI Product Leadership
• Neutral Sentiment: Several analysts retained bullish ratings, including overweight or buy recommendations. Stephens raised its target to $25, while Wells Fargo, Stifel, Piper Sandler, BTIG and KeyCorp continue to see substantial upside despite reducing or resetting their targets.
• Negative Sentiment: Multiple firms lowered their price targets following the earnings report: Wells Fargo to $22, Stifel to $22, Piper Sandler to $23, BTIG to $25 and KeyCorp to $29. The cuts suggest analysts remain constructive but have moderated expectations or valuation assumptions.
• Negative Sentiment: Klaviyo declined alongside much of the software sector after earnings, indicating that broader risk-off sentiment and investor concerns about software valuations may be outweighing the company’s revenue beat and AI narrative. Software Sector Weakness After Earnings

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.