Klaviyo (NYSE:KVYO) Price Target Cut to $29.00 by Analysts at KeyCorp

Klaviyo (NYSE:KVYO) had its price target dropped by equities researchers at KeyCorp from $35.00 to $29.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the stock. KeyCorp’s price target points to a potential upside of 76.55% from the stock’s current price.

Other equities analysts have also recently issued research reports about the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Klaviyo in a research report on Wednesday, May 20th. Barclays lowered their price target on shares of Klaviyo from $25.00 to $22.00 and set an “overweight” rating on the stock in a research report on Thursday. Piper Sandler dropped their price objective on shares of Klaviyo from $26.00 to $23.00 and set an “overweight” rating for the company in a research note on Thursday. Cantor Fitzgerald dropped their price objective on shares of Klaviyo from $35.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday, April 15th. Finally, Stifel Nicolaus cut their price objective on Klaviyo from $24.00 to $22.00 and set a “buy” rating for the company in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $28.30.

Klaviyo Trading Down 14.9%

Shares of KVYO stock traded down $2.87 during mid-day trading on Thursday, reaching $16.43. The stock had a trading volume of 3,928,745 shares, compared to its average volume of 5,378,243. The company has a market cap of $4.92 billion, a P/E ratio of -412.02 and a beta of 0.54. Klaviyo has a 12-month low of $12.53 and a 12-month high of $36.76. The business has a 50-day simple moving average of $16.18 and a 200 day simple moving average of $17.99.

Klaviyo (NYSE:KVYO) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19. The business had revenue of $370.58 million for the quarter, compared to analyst estimates of $362.08 million. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.16%. The business’s revenue for the quarter was up 26.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.16 EPS. Research analysts anticipate that Klaviyo will post 0.25 EPS for the current year.

Insider Buying and Selling

In other Klaviyo news, Director Ledger Susan St. sold 9,334 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $14.27, for a total value of $133,196.18. Following the sale, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Bialecki sold 212,529 shares of Klaviyo stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $14.61, for a total value of $3,105,048.69. Following the completion of the sale, the chief executive officer owned 212,529 shares of the company’s stock, valued at $3,105,048.69. This trade represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 649,863 shares of company stock worth $9,521,105. 37.42% of the stock is owned by company insiders.

Institutional Investors Weigh In On Klaviyo

Hedge funds have recently modified their holdings of the stock. Natixis Advisors LLC grew its position in shares of Klaviyo by 3.4% during the third quarter. Natixis Advisors LLC now owns 11,397 shares of the company’s stock worth $316,000 after buying an additional 372 shares in the last quarter. Pathstone Holdings LLC raised its holdings in Klaviyo by 0.5% in the third quarter. Pathstone Holdings LLC now owns 173,931 shares of the company’s stock valued at $4,816,000 after acquiring an additional 858 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in 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 acquiring an additional 908 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in Klaviyo by 29.5% during the 4th quarter. Advisors Asset Management Inc. now owns 4,171 shares of the company’s stock valued at $135,000 after acquiring an additional 951 shares during the last quarter. Finally, Squarepoint Ops LLC boosted its stake in Klaviyo by 1.2% during the 3rd quarter. Squarepoint Ops LLC now owns 95,394 shares of the company’s stock valued at $2,641,000 after acquiring an additional 1,104 shares during the last quarter. 45.43% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Klaviyo

Here are the key news stories impacting Klaviyo this week:

• Positive Sentiment: Revenue exceeded expectations: Klaviyo reported second-quarter revenue of $370.6 million, above the $362.1 million consensus estimate and up 26.4% year over year. Adjusted earnings of $0.19 per share matched expectations and improved from $0.16 a year earlier. Klaviyo second-quarter earnings report
• Positive Sentiment: AI strategy gains momentum: Management highlighted adoption of its Composer and Customer Agent products, which support its autonomous B2C customer relationship management strategy. Klaviyo also agreed to acquire the team and technology of AI-powered customer-success startup Agency. The deal’s financial terms were not disclosed, and Agency co-founder Elias Torres is expected to become Klaviyo’s chief product officer. Klaviyo Agency acquisition announcement
• Neutral Sentiment: Forward revenue outlook was broadly in line: Klaviyo guided for third-quarter revenue of $377 million to $381 million, compared with the $378.6 million consensus estimate. Full-year 2026 revenue guidance of approximately $1.5 billion was also consistent with analyst expectations. The company did not provide a specific EPS outlook in the available guidance. Klaviyo Q2 earnings estimates
• Negative Sentiment: Analysts lowered price targets: Piper Sandler cut its target from $26 to $23 while maintaining an “overweight” rating. BTIG Research reduced its target from $30 to $25 but retained a “buy” rating. The cuts suggest analysts see less near-term upside, which is likely weighing on the stock despite their continued positive recommendations. Klaviyo analyst price-target revisions

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.