Klaviyo (NYSE:KVYO) Earns Overweight Rating from Analysts at Morgan Stanley

Morgan Stanley initiated coverage on shares of Klaviyo (NYSE:KVYO) in a research note published on Wednesday morning. The brokerage issued an overweight rating and a $29.00 price target on the stock.

A number of other research firms have also commented on KVYO. William Blair reaffirmed an “outperform” rating on shares of Klaviyo in a research note on Monday, March 2nd. Citigroup reduced their price objective on shares of Klaviyo from $40.00 to $29.00 and set a “buy” rating on the stock in a research note on Tuesday. KeyCorp reduced their price objective on shares of Klaviyo from $45.00 to $40.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. TD Cowen reaffirmed a “buy” rating on shares of Klaviyo in a research note on Wednesday, February 11th. Finally, Needham & Company LLC reduced their price objective on shares of Klaviyo from $45.00 to $30.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Eighteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $33.19.

Klaviyo Stock Performance

Shares of NYSE:KVYO traded up $2.04 during trading on Wednesday, reaching $22.13. The stock had a trading volume of 6,056,502 shares, compared to its average volume of 4,221,832. The firm’s fifty day moving average is $18.85 and its 200 day moving average is $23.93. Klaviyo has a 52 week low of $15.53 and a 52 week high of $37.79. The stock has a market cap of $6.74 billion, a price-to-earnings ratio of -184.39 and a beta of 0.79.

Klaviyo (NYSE:KVYO) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. Klaviyo had a negative net margin of 2.57% and a positive return on equity of 2.03%. The company had revenue of $350.20 million for the quarter, compared to analyst estimates of $333.99 million. During the same period in the prior year, the firm posted $0.07 EPS. The company’s quarterly revenue was up 29.6% on a year-over-year basis. On average, research analysts forecast that Klaviyo will post 0.22 earnings per share for the current fiscal year.

Insider Activity at Klaviyo

In related news, CEO Andrew Bialecki sold 206,827 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $19.96, for a total transaction of $4,128,266.92. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Landon Edmond sold 15,093 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $20.16, for a total transaction of $304,274.88. Following the transaction, the insider owned 326,728 shares in the company, valued at $6,586,836.48. The trade was a 4.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,473,909 shares of company stock worth $27,200,157 in the last quarter. Company insiders own 49.92% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd raised its holdings in Klaviyo by 1,650.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock worth $27,000 after buying an additional 908 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in Klaviyo during the third quarter worth $34,000. Quarry LP acquired a new position in Klaviyo during the third quarter worth $44,000. Osaic Holdings Inc. raised its holdings 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 buying an additional 1,284 shares during the last quarter. Finally, RiverPark Advisors LLC acquired a new position in Klaviyo during the third quarter worth $69,000. Institutional investors and hedge funds own 45.43% of the company’s stock.

Klaviyo Company Profile

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.