Klaviyo (KVYO) to Release Quarterly Earnings on Wednesday

Klaviyo (NYSE:KVYO - Get Free Report) is expected to announce its Q4 2024 earnings results after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $257.24 million for the quarter. Klaviyo has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.Investors that wish to listen to the company's conference call can do so using this link.

Klaviyo (NYSE:KVYO - Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by ($0.12). The company had revenue of $270.16 million during the quarter, compared to the consensus estimate of $257.24 million. Klaviyo had a negative net margin of 5.23% and a positive return on equity of 0.86%. On average, analysts expect Klaviyo to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Klaviyo Trading Down 5.9 %

KVYO traded down $2.77 on Thursday, reaching $44.23. The company had a trading volume of 5,380,777 shares, compared to its average volume of 1,268,353. Klaviyo has a one year low of $21.26 and a one year high of $49.55. The company has a fifty day moving average of $43.56 and a 200-day moving average of $37.75. The company has a market capitalization of $11.92 billion, a P/E ratio of -245.69 and a beta of 0.60.

Insider Transactions at Klaviyo

In related news, insider Landon Edmond sold 40,000 shares of the firm's stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $41.80, for a total transaction of $1,672,000.00. Following the transaction, the insider now owns 298,607 shares of the company's stock, valued at approximately $12,481,772.60. This trade represents a 11.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Stephen Eric Rowland sold 4,536 shares of the firm's stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $40.04, for a total transaction of $181,621.44. Following the transaction, the president now directly owns 260,403 shares in the company, valued at approximately $10,426,536.12. The trade was a 1.71 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 114,536 shares of company stock valued at $4,720,953 over the last three months. 53.24% of the stock is owned by corporate insiders.

Analyst Ratings Changes

KVYO has been the subject of several research reports. Benchmark raised their price objective on shares of Klaviyo from $40.00 to $51.00 and gave the company a "buy" rating in a research report on Wednesday. Stifel Nicolaus raised their price objective on shares of Klaviyo from $45.00 to $54.00 and gave the company a "buy" rating in a research report on Thursday. The Goldman Sachs Group raised their price objective on shares of Klaviyo from $45.00 to $51.00 and gave the company a "buy" rating in a research report on Thursday. Piper Sandler raised their price objective on shares of Klaviyo from $50.00 to $53.00 and gave the company an "overweight" rating in a research report on Thursday. Finally, Canaccord Genuity Group raised their price objective on shares of Klaviyo from $40.00 to $50.00 and gave the company a "buy" rating in a research report on Thursday. Five analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average 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.