Klaviyo (NYSE:KVYO) Announces Quarterly Earnings Results

Klaviyo (NYSE:KVYO - Get Free Report) posted its quarterly earnings data on Wednesday. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $257.24 million. Klaviyo updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Klaviyo Stock Performance

Shares of KVYO traded down $2.48 during midday trading on Friday, hitting $41.79. 2,914,094 shares of the company traded hands, compared to its average volume of 1,316,713. The stock has a market cap of $11.27 billion, a price-to-earnings ratio of -232.14 and a beta of 0.60. The firm has a 50 day moving average of $43.72 and a 200-day moving average of $37.92. Klaviyo has a 52 week low of $21.26 and a 52 week high of $49.55.

Analyst Upgrades and Downgrades

KVYO has been the topic of several analyst reports. William Blair reiterated an "outperform" rating on shares of Klaviyo in a research note on Thursday. Loop Capital lifted their target price on Klaviyo from $45.00 to $60.00 and gave the company a "buy" rating in a research report on Monday, December 23rd. Morgan Stanley upped their price target on Klaviyo from $47.00 to $50.00 and gave the stock an "equal weight" rating in a research report on Thursday. Mizuho lifted their price objective on Klaviyo from $42.00 to $52.00 and gave the company an "outperform" rating in a research report on Thursday. Finally, Benchmark increased their target price on shares of Klaviyo from $40.00 to $51.00 and gave the stock a "buy" rating in a report on Wednesday. Five equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $49.44.

Insider Transactions at Klaviyo

In other Klaviyo news, insider Landon Edmond sold 40,000 shares of the stock in a transaction 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 completion of the transaction, the insider now owns 298,607 shares in the company, valued at $12,481,772.60. This trade represents a 11.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Amanda Whalen sold 23,950 shares of Klaviyo stock in a transaction on Friday, December 6th. The stock was sold at an average price of $40.04, for a total transaction of $958,958.00. Following the completion of the transaction, the chief financial officer now directly owns 395,616 shares of the company's stock, valued at $15,840,464.64. The trade was a 5.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 114,536 shares of company stock valued at $4,720,953. 53.24% of the stock is currently owned by insiders.

Klaviyo Company Profile

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.