Klaviyo (NYSE:KVYO) Downgraded to “Hold” Rating by Wall Street Zen

Wall Street Zen cut shares of Klaviyo (NYSE:KVYO) from a buy rating to a hold rating in a research note published on Saturday.

Several other research analysts also recently weighed in on KVYO. Piper Sandler lowered their target price on Klaviyo from $26.00 to $23.00 and set an “overweight” rating on the stock in a research note on Thursday. Barclays cut their price target on Klaviyo from $25.00 to $22.00 and set an “overweight” rating for the company in a research note on Thursday. Benchmark downgraded Klaviyo from a “buy” rating to a “hold” rating in a report on Thursday. Scotiabank set a $32.00 price objective on shares of Klaviyo in a research report on Wednesday, June 17th. Finally, TD Cowen cut their price objective on shares of Klaviyo from $27.00 to $26.00 and set a “buy” rating for the company in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $27.14.

Klaviyo Stock Performance

Shares of NYSE:KVYO opened at $16.68 on Friday. Klaviyo has a one year low of $12.53 and a one year high of $36.22. The stock has a market capitalization of $4.99 billion, a price-to-earnings ratio of 834.57 and a beta of 0.54. The company has a 50-day simple moving average of $16.24 and a 200-day simple moving average of $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, meeting the consensus estimate of $0.19. The firm had revenue of $370.58 million for the quarter, compared to analysts’ expectations of $362.08 million. Klaviyo had a return on equity of 5.67% and a net margin of 0.49%.The firm’s revenue for the quarter was up 26.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.16 EPS. As a group, research analysts forecast that Klaviyo will post 0.25 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Amanda Whalen sold 14,000 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $13.23, for a total transaction of $185,220.00. Following the transaction, the chief financial officer directly owned 852,192 shares of the company’s stock, valued at $11,274,500.16. This represents a 1.62% 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, Director Ledger Susan St. sold 9,334 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $14.27, for a total transaction of $133,196.18. Following the completion of the transaction, the director directly owned 10,939 shares of the company’s stock, valued at approximately $156,099.53. This trade represents a 46.04% decrease in their ownership of the stock. 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. In the last ninety days, insiders have sold 649,863 shares of company stock worth $9,521,105. Corporate insiders own 37.42% of the company’s stock.

Institutional Trading of Klaviyo

Large investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd increased its stake in shares of 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. Optiver Holding B.V. purchased a new stake in Klaviyo in the 1st quarter valued at approximately $39,000. Quarry LP acquired a new stake in Klaviyo during the 3rd quarter valued at $44,000. Osaic Holdings Inc. grew its holdings in Klaviyo by 317.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock valued at $55,000 after buying an additional 1,284 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Klaviyo by 2,085.1% during the first quarter. EverSource Wealth Advisors LLC now owns 3,802 shares of the company’s stock worth $74,000 after buying an additional 3,628 shares in the last quarter. 45.43% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Klaviyo

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

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.