Klaviyo (NYSE:KVYO) Given New $26.00 Price Target at Wells Fargo & Company

Klaviyo (NYSE:KVYO) had its target price lowered by Wells Fargo & Company from $30.00 to $26.00 in a research report report published on Wednesday,Benzinga reports. The firm currently has an overweight rating on the stock.

Other equities analysts have also issued research reports about the stock. Mizuho set a $37.00 price objective on shares of Klaviyo in a research note on Wednesday, February 11th. Citigroup raised their target price on shares of Klaviyo from $29.00 to $31.00 and gave the stock a “buy” rating in a report on Wednesday. Robert W. Baird set a $34.00 price target on shares of Klaviyo in a research report on Wednesday, February 11th. Zacks Research cut Klaviyo from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 29th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Klaviyo in a research report on Tuesday, April 28th. Eighteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Klaviyo has a consensus rating of “Moderate Buy” and an average price target of $31.60.

Klaviyo Trading Down 32.0%

KVYO stock opened at $15.87 on Wednesday. The firm’s 50-day moving average is $18.97 and its two-hundred day moving average is $23.86. The company has a market capitalization of $4.84 billion, a price-to-earnings ratio of -396.55 and a beta of 0.79. Klaviyo has a 52 week low of $15.31 and a 52 week high of $37.79.

Klaviyo (NYSE:KVYO) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.17%. The business had revenue of $358.01 million during the quarter, compared to analysts’ expectations of $348.57 million. During the same period last year, the firm posted $0.14 earnings per share. The business’s revenue was up 27.9% on a year-over-year basis. On average, equities research analysts predict that Klaviyo will post 0.22 earnings per share for the current year.

Insider Activity

In related news, CEO Andrew Bialecki sold 206,827 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $19.96, for a total transaction of $4,128,266.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Landon Edmond sold 15,093 shares of the stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $20.16, for a total value of $304,274.88. Following the completion of the sale, the insider directly owned 326,728 shares of the company’s stock, valued at approximately $6,586,836.48. This represents a 4.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,473,909 shares of company stock worth $27,200,157. 49.92% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KVYO. Bank of New York Mellon Corp raised its holdings in shares of Klaviyo by 8.9% during the first quarter. Bank of New York Mellon Corp now owns 1,508,137 shares of the company’s stock worth $29,348,000 after acquiring an additional 123,480 shares in the last quarter. Zweig DiMenna Associates LLC purchased a new position in Klaviyo in the first quarter valued at about $2,514,000. Fifth Third Bancorp acquired a new position in Klaviyo in the 1st quarter worth about $1,250,000. Hsbc Holdings PLC purchased a new stake in shares of Klaviyo during the 1st quarter worth about $376,000. Finally, Barton Investment Management lifted its holdings in shares of Klaviyo by 56.7% during the 1st quarter. Barton Investment Management now owns 1,050,052 shares of the company’s stock valued at $20,434,000 after buying an additional 380,010 shares during the last quarter. 45.43% of the stock is owned by hedge funds and other institutional investors.

More Klaviyo News

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.