Klaviyo (NYSE:KVYO) Upgraded at Zacks Research

Zacks Research upgraded shares of Klaviyo (NYSE:KVYO) from a hold rating to a strong-buy rating in a report released on Wednesday morning,Zacks.com reports.

KVYO has been the subject of a number of other research reports. Jefferies Financial Group raised Klaviyo to a “strong-buy” rating in a research report on Wednesday, October 22nd. Piper Sandler restated an “overweight” rating and set a $45.00 target price (down previously from $50.00) on shares of Klaviyo in a report on Thursday, November 6th. The Goldman Sachs Group reduced their price objective on shares of Klaviyo from $48.00 to $41.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. Stephens decreased their price objective on shares of Klaviyo from $45.00 to $43.00 and set an “overweight” rating for the company in a report on Friday, September 26th. Finally, Truist Financial set a $45.00 price target on shares of Klaviyo in a research report on Tuesday, November 25th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Klaviyo currently has a consensus rating of “Moderate Buy” and an average target price of $41.95.

Klaviyo Stock Down 9.8%

NYSE:KVYO opened at $29.29 on Wednesday. The firm has a market capitalization of $8.84 billion, a P/E ratio of -122.03 and a beta of 1.08. The company has a fifty day moving average of $29.18 and a 200 day moving average of $30.42. Klaviyo has a 52 week low of $23.44 and a 52 week high of $49.55.

Klaviyo (NYSE:KVYO) last announced its quarterly earnings results on Thursday, September 25th. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $293.12 million for the quarter. Klaviyo had a negative net margin of 5.70% and a negative return on equity of 1.00%. As a group, analysts anticipate that Klaviyo will post 0.04 EPS for the current year.

Insider Buying and Selling

In related news, insider Landon Edmond sold 14,190 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $31.38, for a total transaction of $445,282.20. Following the completion of the transaction, the insider owned 353,882 shares of the company’s stock, valued at $11,104,817.16. This trade represents a 3.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ed Hallen sold 117,550 shares of Klaviyo stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $30.36, for a total value of $3,568,818.00. Following the transaction, the director owned 133,624 shares of the company’s stock, valued at $4,056,824.64. The trade was a 46.80% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,565,901 shares of company stock worth $44,471,874 over the last three months. Corporate insiders own 49.92% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Klaviyo by 19.2% during the 3rd quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company’s stock valued at $354,092,000 after acquiring an additional 2,059,550 shares during the period. Cooper Creek Partners Management LLC purchased a new position in Klaviyo during the second quarter valued at approximately $57,109,000. Norges Bank bought a new position in shares of Klaviyo in the second quarter worth approximately $52,629,000. American Century Companies Inc. boosted its position in shares of Klaviyo by 123.4% in the second quarter. American Century Companies Inc. now owns 2,685,480 shares of the company’s stock worth $90,178,000 after purchasing an additional 1,483,427 shares during the period. Finally, Fiera Capital Corp purchased a new stake in shares of Klaviyo in the second quarter worth $42,645,000. Institutional investors own 45.43% of the company’s stock.

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.