Klaviyo (NYSE:KVYO) Rating Lowered to “Hold” at Wall Street Zen

Klaviyo (NYSE:KVYO) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

Several other equities research analysts have also recently weighed in on the company. Citigroup upped their price target on Klaviyo from $34.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday. BTIG Research lowered their price objective on Klaviyo from $30.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday. Jefferies Financial Group restated a “buy” rating and set a $21.00 target price on shares of Klaviyo in a report on Thursday. Benchmark downgraded shares of Klaviyo from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Wells Fargo & Company set a $29.00 price target on shares of Klaviyo in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.14.

Klaviyo Stock Performance

Klaviyo stock opened at $16.68 on Friday. Klaviyo has a fifty-two week low of $12.53 and a fifty-two week high of $36.22. The stock’s 50 day simple moving average is $16.24 and its two-hundred day simple moving average is $17.89. The stock has a market cap of $4.99 billion, a price-to-earnings ratio of 834.57 and a beta of 0.53.

Klaviyo (NYSE:KVYO) last announced its earnings results on Wednesday, August 5th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. The firm had revenue of $370.58 million during the quarter, compared to analyst estimates of $362.08 million. Klaviyo had a return on equity of 5.67% and a net margin of 0.49%.The business’s revenue was up 26.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.16 EPS. On average, analysts predict that Klaviyo will post 0.25 earnings per share for the current year.

Insider Activity at Klaviyo

In other Klaviyo news, CEO Andrew Bialecki sold 212,529 shares of Klaviyo stock in a transaction on 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 completion of the transaction, the chief executive officer owned 212,529 shares in the company, valued at approximately $3,105,048.69. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 on Thursday, June 18th. The stock was sold at an average price of $13.23, for a total value of $185,220.00. Following the completion of the sale, the chief financial officer directly owned 852,192 shares in the company, valued at $11,274,500.16. This trade represents a 1.62% 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. Insiders sold a total of 649,863 shares of company stock valued at $9,521,105 in the last 90 days. Corporate insiders own 37.42% of the company’s stock.

Institutional Trading of Klaviyo

Institutional investors have recently bought and sold shares of the company. Bank of New York Mellon Corp bought a new stake in Klaviyo during the 2nd quarter valued at about $8,663,000. Handelsbanken Fonder AB grew its holdings in shares of Klaviyo by 62.5% during the second quarter. Handelsbanken Fonder AB now owns 43,700 shares of the company’s stock valued at $660,000 after buying an additional 16,800 shares during the last quarter. Optiver Holding B.V. purchased a new stake in shares of Klaviyo during the first quarter valued at approximately $39,000. Lavelle Capital LP bought a new stake in shares of Klaviyo during the first quarter valued at approximately $994,000. Finally, Bank of America Corp DE increased its position in shares of Klaviyo by 88.9% during the first quarter. Bank of America Corp DE now owns 1,686,770 shares of the company’s stock valued at $32,825,000 after acquiring an additional 793,613 shares in the last quarter. 45.43% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Klaviyo

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.