Stifel Nicolaus Cuts Klaviyo (NYSE:KVYO) Price Target to $22.00

Klaviyo (NYSE:KVYO) had its target price trimmed by Stifel Nicolaus from $24.00 to $22.00 in a research note released on Thursday morning,Benzinga reports. The firm currently has a buy rating on the stock.

A number of other brokerages have also issued reports on KVYO. Barclays dropped their price objective on shares of Klaviyo from $25.00 to $22.00 and set an “overweight” rating for the company in a report on Thursday. BTIG Research dropped their price target on shares of Klaviyo from $30.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday. KeyCorp cut their price target on shares of Klaviyo from $40.00 to $35.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Morgan Stanley set a $34.00 price target on shares of Klaviyo in a research report on Wednesday, April 29th. Finally, TD Cowen lowered their price objective on Klaviyo from $27.00 to $26.00 and set a “buy” rating for the company in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $27.14.

Klaviyo Trading Down 0.3%

KVYO stock opened at $16.68 on Thursday. Klaviyo has a 12-month low of $12.53 and a 12-month high of $36.22. The stock has a market cap of $4.99 billion, a price-to-earnings ratio of 834.57 and a beta of 0.54. The business’s 50-day moving average is $16.24 and its 200 day moving average is $17.93.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.19. Klaviyo had a return on equity of 5.67% and a net margin of 0.49%.The firm had revenue of $370.58 million for the quarter, compared to analyst estimates of $362.08 million. During the same period in the previous year, the company posted $0.16 earnings per share. The business’s revenue was up 26.4% on a year-over-year basis. As a group, equities analysts forecast that Klaviyo will post 0.25 EPS for the current fiscal year.

Insider Activity

In other news, CFO Amanda Whalen sold 14,000 shares of the stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $13.23, for a total value of $185,220.00. Following the sale, the chief financial officer directly owned 852,192 shares in the company, valued at approximately $11,274,500.16. This trade represents a 1.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ledger Susan St. sold 9,334 shares of the company’s stock in a transaction dated 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 approximately $156,099.53. This trade represents a 46.04% decrease in their position. 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. Over the last quarter, insiders sold 649,863 shares of company stock valued at $9,521,105. 37.42% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Klaviyo

Several large investors have recently bought and sold shares of the business. Morgan Stanley lifted its stake in Klaviyo by 36.1% during the fourth quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock worth $472,344,000 after purchasing an additional 3,855,160 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Klaviyo by 12.3% during the 4th quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock worth $466,319,000 after buying an additional 1,573,812 shares during the last quarter. Capital International Investors purchased a new stake in shares of Klaviyo during the 4th quarter worth approximately $415,254,000. Alliancebernstein L.P. boosted its holdings in shares of Klaviyo by 10.1% in the 2nd quarter. Alliancebernstein L.P. now owns 4,424,249 shares of the company’s stock valued at $148,566,000 after buying an additional 404,969 shares in the last quarter. Finally, Sands Capital Alternatives LLC boosted its holdings in shares of Klaviyo by 3.8% in the 4th quarter. Sands Capital Alternatives LLC now owns 3,649,678 shares of the company’s stock valued at $118,505,000 after buying an additional 134,613 shares in the last quarter. Hedge funds and other institutional investors own 45.43% of the company’s stock.

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.