Klaviyo (NYSE:KVYO) Downgraded to “Hold” Rating by Zacks Research

Klaviyo (NYSE:KVYO) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

KVYO has been the subject of a number of other research reports. Jefferies Financial Group upgraded shares of Klaviyo to a “strong-buy” rating in a report on Wednesday, October 22nd. Truist Financial set a $45.00 target price on shares of Klaviyo in a report on Tuesday, November 25th. The Goldman Sachs Group dropped their target price on shares of Klaviyo from $48.00 to $41.00 and set a “buy” rating for the company in a report on Friday, November 7th. Piper Sandler reissued an “overweight” rating and set a $45.00 price target (down previously from $50.00) on shares of Klaviyo in a research note on Thursday, November 6th. Finally, Wall Street Zen cut Klaviyo from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $41.76.

Klaviyo Price Performance

KVYO opened at $22.21 on Thursday. Klaviyo has a 12 month low of $22.03 and a 12 month high of $49.55. The stock has a market capitalization of $6.71 billion, a P/E ratio of -92.54 and a beta of 1.08. The business has a 50 day simple moving average of $28.67 and a 200-day simple moving average of $29.44.

Klaviyo (NYSE:KVYO) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.04. Klaviyo had a negative return on equity of 1.00% and a negative net margin of 5.70%.The firm had revenue of $310.88 million during the quarter, compared to analysts’ expectations of $299.93 million. During the same quarter in the prior year, the business posted $0.15 earnings per share. Klaviyo’s revenue was up 32.2% compared to the same quarter last year. Research analysts anticipate that Klaviyo will post 0.04 EPS for the current year.

Insider Activity at Klaviyo

In other news, CFO Amanda Whalen sold 14,000 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $25.83, for a total value of $361,620.00. Following the completion of the transaction, the chief financial officer directly owned 442,219 shares of the company’s stock, valued at $11,422,516.77. The trade was a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Andrew Bialecki sold 155,219 shares of the company’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $25.33, for a total value of $3,931,697.27. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 1,862,901 shares of company stock valued at $52,846,182. 49.92% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd raised its position 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 valued at $27,000 after buying an additional 908 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in Klaviyo in the 2nd quarter valued at $31,000. FNY Investment Advisers LLC purchased a new position in shares of Klaviyo during the 3rd quarter worth $34,000. First Horizon Advisors Inc. purchased a new position in shares of Klaviyo during the 2nd quarter worth $37,000. Finally, Quarry LP acquired a new stake in shares of Klaviyo during the third quarter worth $44,000. Institutional investors and hedge funds own 45.43% of the company’s stock.

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.