Klaviyo (NYSE:KVYO) Stock Rating Upgraded by The Goldman Sachs Group

Klaviyo (NYSE:KVYO) was upgraded by The Goldman Sachs Group to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

A number of other analysts have also weighed in on KVYO. Wells Fargo & Company lowered their price target on shares of Klaviyo from $30.00 to $26.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Benchmark decreased their price objective on Klaviyo from $33.00 to $30.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Piper Sandler lowered their target price on Klaviyo from $30.00 to $26.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Cantor Fitzgerald lowered their target price on Klaviyo from $35.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday, April 15th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Klaviyo in a research report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Klaviyo presently has an average rating of “Moderate Buy” and an average target price of $31.00.

Klaviyo Stock Up 4.0%

Shares of NYSE KVYO opened at $14.03 on Tuesday. The firm’s 50-day simple moving average is $16.11 and its 200 day simple moving average is $20.74. The company has a market cap of $4.20 billion, a price-to-earnings ratio of -350.54 and a beta of 0.62. Klaviyo has a 12-month low of $12.53 and a 12-month high of $36.76.

Klaviyo (NYSE:KVYO) last announced its earnings results 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. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.16%. The company had revenue of $358.01 million during the quarter, compared to the consensus estimate of $348.57 million. During the same period in the previous year, the firm posted $0.14 earnings per share. The company’s revenue was up 27.9% on a year-over-year basis. On average, equities analysts expect that Klaviyo will post 0.25 earnings per share for the current year.

Insider Buying and Selling at Klaviyo

In other news, Director Ledger Susan St. sold 9,334 shares of the 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 transaction, the director owned 10,939 shares of the company’s stock, valued at $156,099.53. This represents a 46.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Bialecki sold 212,529 shares of the 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,073,486 shares of company stock valued at $17,137,125 in the last three months. Insiders own 37.42% of the company’s stock.

Hedge Funds Weigh In On Klaviyo

Several hedge funds have recently added to or reduced their stakes in KVYO. Morgan Stanley grew its holdings in Klaviyo by 36.1% during the fourth quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock valued at $472,344,000 after purchasing an additional 3,855,160 shares during the period. Vanguard Group Inc. lifted its holdings in Klaviyo by 12.3% during the fourth quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock worth $466,319,000 after acquiring an additional 1,573,812 shares in the last quarter. Capital International Investors acquired a new position in Klaviyo in the fourth quarter valued at about $415,254,000. Alliancebernstein L.P. grew its stake in Klaviyo by 8.6% in the third quarter. Alliancebernstein L.P. now owns 4,806,677 shares of the company’s stock valued at $133,097,000 after acquiring an additional 382,428 shares during the period. Finally, Sands Capital Alternatives LLC increased its holdings in shares of Klaviyo by 3.8% in the fourth quarter. Sands Capital Alternatives LLC now owns 3,649,678 shares of the company’s stock worth $118,505,000 after acquiring an additional 134,613 shares in the last quarter. Institutional investors and hedge funds 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.