Klaviyo (NYSE:KVYO) Rating Increased to Strong-Buy at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Klaviyo (NYSE:KVYOFree Report) to a strong-buy rating in a report published on Tuesday,Zacks.com reports.

KVYO has been the subject of a number of other reports. KeyCorp decreased their price objective on Klaviyo from $40.00 to $35.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Stifel Nicolaus reduced their target price on Klaviyo from $35.00 to $28.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Barclays decreased their target price on Klaviyo from $31.00 to $25.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Benchmark lowered their price target on Klaviyo from $33.00 to $30.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Finally, Piper Sandler cut their price target on shares of Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $31.00.

Read Our Latest Stock Analysis on Klaviyo

Klaviyo Stock Performance

Shares of KVYO stock opened at $14.03 on Tuesday. Klaviyo has a 52-week low of $12.53 and a 52-week high of $36.76. The stock has a market cap of $4.20 billion, a PE ratio of -350.54 and a beta of 0.62. The firm’s 50 day moving average price is $16.11 and its two-hundred day moving average price is $20.74.

Klaviyo (NYSE:KVYOGet Free Report) last released its earnings results on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. The firm had revenue of $358.01 million during the quarter, compared to analyst estimates of $348.57 million. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.16%. The business’s quarterly revenue was up 27.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.14 EPS. As a group, sell-side analysts predict that Klaviyo will post 0.25 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Klaviyo news, insider Landon Edmond sold 9,623 shares of the business’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $20.00, for a total value of $192,460.00. Following the completion of the transaction, the insider directly owned 584,124 shares of the company’s stock, valued at approximately $11,682,480. The trade was a 1.62% decrease in their ownership of the stock. The transaction 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 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 completion of the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 1,073,486 shares of company stock valued at $17,137,125. Insiders own 37.42% of the company’s stock.

Institutional Trading of Klaviyo

A number of large investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd lifted its stake in Klaviyo by 1,650.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock valued at $27,000 after buying an additional 908 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of Klaviyo during the third quarter worth $34,000. Quarry LP bought a new stake in Klaviyo in the 3rd quarter valued at $44,000. Osaic Holdings Inc. lifted its position in Klaviyo by 317.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock valued at $55,000 after acquiring an additional 1,284 shares in the last quarter. Finally, Optiver Holding B.V. acquired a new position in Klaviyo in the 1st quarter worth $39,000. 45.43% of the stock is owned by institutional investors.

About Klaviyo

(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.

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Analyst Recommendations for Klaviyo (NYSE:KVYO)

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