Klaviyo (NYSE:KVYO) Announces Quarterly Earnings Results

Klaviyo (NYSE:KVYO) issued its quarterly earnings results on Wednesday. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.06 by ($0.12), Zacks reports. Klaviyo had a positive return on equity of 0.90% and a negative net margin of 4.92%. The business had revenue of $270.16 million during the quarter, compared to the consensus estimate of $257.24 million. Klaviyo updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Klaviyo Stock Performance

Shares of NYSE KVYO traded down $1.53 during trading hours on Friday, hitting $42.73. The stock had a trading volume of 1,030,857 shares, compared to its average volume of 1,255,639. The company has a market capitalization of $11.52 billion, a P/E ratio of -237.39 and a beta of 0.60. The firm’s 50-day moving average price is $43.66 and its two-hundred day moving average price is $37.80. Klaviyo has a 52 week low of $21.26 and a 52 week high of $49.55.

Insider Activity at Klaviyo

In other news, insider Landon Edmond sold 40,000 shares of the stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $41.80, for a total transaction of $1,672,000.00. Following the sale, the insider now owns 298,607 shares in the company, valued at approximately $12,481,772.60. This represents a 11.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Amanda Whalen sold 1,050 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of $40.07, for a total value of $42,073.50. Following the sale, the chief financial officer now owns 395,616 shares in the company, valued at $15,852,333.12. The trade was a 0.26 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 114,536 shares of company stock valued at $4,720,953. 53.24% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages recently weighed in on KVYO. Wells Fargo & Company dropped their price target on Klaviyo from $48.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Thursday. Piper Sandler lifted their price target on Klaviyo from $50.00 to $53.00 and gave the stock an “overweight” rating in a research note on Thursday. KeyCorp lifted their price target on Klaviyo from $42.00 to $45.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Stifel Nicolaus lifted their price target on Klaviyo from $45.00 to $54.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Citigroup lifted their price target on Klaviyo from $39.00 to $48.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 11th. Five analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, Klaviyo has a consensus rating of “Moderate Buy” and a consensus price target of $49.44.

About Klaviyo

Klaviyo, Inc, a technology company, provides a software-as-a-service platform in the United States, other Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers Klaviyo, a cloud-native platform for data store, segmentation engine, campaigns and flows, and messaging infrastructure.