Klaviyo (NYSE:KVYO) Given New $26.00 Price Target at Piper Sandler
by Amy Steele · The Cerbat GemKlaviyo (NYSE:KVYO – Free Report) had its price objective cut by Piper Sandler from $30.00 to $26.00 in a research report report published on Wednesday morning, Marketbeat Ratings reports. They currently have an overweight rating on the stock.
A number of other research firms have also recently commented on KVYO. Stephens cut their target price on shares of Klaviyo from $43.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Zacks Research lowered shares of Klaviyo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 29th. Wells Fargo & Company lowered their price target on shares of Klaviyo from $40.00 to $30.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. BTIG Research lowered their price target on shares of Klaviyo from $40.00 to $30.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Finally, Barclays lowered their price target on shares of Klaviyo from $31.00 to $25.00 and set an “overweight” rating on the stock in a research report on Wednesday. Eighteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $31.60.
Check Out Our Latest Report on Klaviyo
Klaviyo Stock Down 32.0%
KVYO stock opened at $15.87 on Wednesday. The stock has a market capitalization of $4.84 billion, a P/E ratio of -396.55 and a beta of 0.79. The firm has a 50-day simple moving average of $18.97 and a 200-day simple moving average of $23.86. Klaviyo has a 52 week low of $15.31 and a 52 week high of $37.79.
Klaviyo (NYSE:KVYO – Get 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 business had revenue of $358.01 million during the quarter, compared to analysts’ expectations of $348.57 million. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.17%. The company’s quarterly revenue was up 27.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.14 earnings per share. On average, analysts expect that Klaviyo will post 0.22 earnings per share for the current year.
Insider Buying and Selling
In other Klaviyo news, CEO Andrew Bialecki sold 206,827 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $19.96, for a total value of $4,128,266.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Amanda Whalen sold 14,000 shares of the business’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $18.54, for a total transaction of $259,560.00. Following the completion of the transaction, the chief financial officer owned 895,141 shares in the company, valued at $16,595,914.14. The trade was a 1.54% 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. Over the last three months, insiders have sold 1,473,909 shares of company stock worth $27,200,157. 49.92% of the stock is owned by insiders.
Hedge Funds Weigh In On Klaviyo
Several institutional investors and hedge funds have recently bought and sold shares of KVYO. Caitong International Asset Management Co. Ltd boosted its holdings in Klaviyo by 1,650.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock valued at $27,000 after purchasing an additional 908 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in Klaviyo in the 3rd quarter valued at about $34,000. Quarry LP acquired a new position in Klaviyo in the 3rd quarter valued at about $44,000. Osaic Holdings Inc. boosted its holdings 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 purchasing an additional 1,284 shares during the last quarter. Finally, RiverPark Advisors LLC acquired a new position in Klaviyo in the 3rd quarter valued at about $69,000. 45.43% of the stock is currently owned by institutional investors and hedge funds.
Klaviyo News Summary
Here are the key news stories impacting Klaviyo this week:
- Positive Sentiment: Q1 results beat expectations: revenue grew ~28%, EPS and revenue topped estimates, operating margin was the strongest since going public, and management raised the full‑year outlook. These fundamentals support longer‑term upside. Klaviyo Q1 Release
- Neutral Sentiment: Some sell‑side firms lowered price targets but kept Buy/Overweight ratings (Stifel, Benchmark, Wells Fargo, Piper Sandler, etc.), signaling conviction in the business while tempering near‑term valuation expectations. Analyst Notes
- Neutral Sentiment: Retail/quant mentions: Klaviyo was included in recent “strong buy” lists, which can attract some longer‑term buyers but hasn’t offset today’s selling pressure. InsiderMonkey Article
- Negative Sentiment: CFO departure and reported C‑suite shakeup have spooked investors — management turnover increases execution risk and uncertainty about near‑term strategy. CFO Steps Down
- Negative Sentiment: Shares plunged to record intraday lows on heavy volume as the market digested the management change and trimmed forward valuation expectations — a technical sell‑off amplified by momentum traders. Schaeffer’s Coverage
- Negative Sentiment: Multiple price‑target cuts (from mid‑$30s down into the mid‑$20s/low‑$30s) reduce near‑term upside expectations and may pressure sentiment until clarity on management stability and execution returns. Price Target Actions
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.