Citigroup Issues Positive Forecast for Klaviyo (NYSE:KVYO) Stock Price

Klaviyo (NYSE:KVYO) had its price target lifted by Citigroup from $34.00 to $36.00 in a research report sent to investors on Friday,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities research analysts also recently issued reports on KVYO. Stephens upped their price objective on shares of Klaviyo from $24.00 to $25.00 and gave the stock an “overweight” rating in a research report on Thursday. KeyCorp cut their price objective on Klaviyo from $35.00 to $29.00 and set an “overweight” rating on the stock in a research report on Thursday. Weiss Ratings upgraded shares of Klaviyo from a “sell (e+)” rating to a “sell (d)” rating in a report on Thursday. The Goldman Sachs Group set a $26.00 target price on shares of Klaviyo and gave the company a “buy” rating in a research note on Wednesday, June 24th. Finally, Cantor Fitzgerald lowered their target price on Klaviyo from $35.00 to $28.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.14.

Klaviyo Trading Down 0.3%

NYSE KVYO opened at $16.68 on Friday. The firm has a market capitalization of $4.99 billion, a P/E ratio of 834.57 and a beta of 0.54. The business has a fifty day simple moving average of $16.24 and a 200 day simple moving average of $17.93. Klaviyo has a 12 month low of $12.53 and a 12 month high of $36.22.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. Klaviyo had a return on equity of 5.67% and a net margin of 0.49%.The business had revenue of $370.58 million for the quarter, compared to analysts’ expectations of $362.08 million. During the same period last year, the business earned $0.16 EPS. The business’s revenue was up 26.4% on a year-over-year basis. As a group, sell-side analysts predict that Klaviyo will post 0.25 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Andrew Bialecki sold 212,529 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $14.61, for a total transaction of $3,105,048.69. Following the transaction, the chief executive officer directly owned 212,529 shares of the company’s stock, valued at approximately $3,105,048.69. This trade represents a 50.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Amanda Whalen sold 14,000 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $13.23, for a total transaction of $185,220.00. Following the completion of the sale, the chief financial officer owned 852,192 shares of the company’s stock, valued at approximately $11,274,500.16. The trade was a 1.62% 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. Insiders sold a total of 649,863 shares of company stock valued at $9,521,105 in the last quarter. Corporate insiders own 37.42% of the company’s stock.

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 grew its holdings in shares of Klaviyo by 1,650.9% in the third 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 during the last quarter. Optiver Holding B.V. purchased a new stake in Klaviyo in the first quarter worth about $39,000. Quarry LP purchased a new position in shares of Klaviyo in the 3rd quarter valued at approximately $44,000. Osaic Holdings Inc. boosted its stake in Klaviyo by 317.0% during the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after acquiring an additional 1,284 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Klaviyo by 2,085.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,802 shares of the company’s stock valued at $74,000 after buying an additional 3,628 shares in the last quarter. 45.43% of the stock is currently owned by institutional investors.

Key Klaviyo News

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

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.