Klaviyo (NYSE:KVYO) Releases Quarterly Earnings Results, Misses Estimates By $0.12 EPS

Klaviyo (NYSE:KVYO) released its quarterly earnings data on Wednesday. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.12), Zacks reports. Klaviyo had a negative net margin of 4.92% and a positive return on equity of 0.90%. The business had revenue of $270.16 million for 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 Price Performance

KVYO traded down $1.53 during trading 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 50 day moving average price of $43.66 and a 200-day moving average price of $37.80. The firm has a market cap of $11.52 billion, a price-to-earnings ratio of -237.39 and a beta of 0.60. Klaviyo has a one year low of $21.26 and a one year high of $49.55.

Insider Activity at Klaviyo

In other news, CFO Amanda Whalen sold 23,950 shares of the company’s 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 sale, the chief financial officer now directly owns 395,616 shares in the company, valued at approximately $15,840,464.64. This represents a 5.71 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, President Stephen Eric Rowland sold 4,536 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $40.04, for a total value of $181,621.44. Following the sale, the president now owns 260,403 shares of the company’s stock, valued at approximately $10,426,536.12. The trade was a 1.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 114,536 shares of company stock worth $4,720,953 in the last ninety days. 53.24% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

KVYO has been the topic of several recent analyst reports. Benchmark lifted their price objective on Klaviyo from $40.00 to $51.00 and gave the company a “buy” rating in a report on Wednesday. Barclays boosted their target price on Klaviyo from $47.00 to $51.00 and gave the company an “overweight” rating in a research note on Thursday. Morgan Stanley boosted their target price on Klaviyo from $47.00 to $50.00 and gave the company an “equal weight” rating in a research note on Thursday. Cantor Fitzgerald boosted their target price on Klaviyo from $47.00 to $54.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Mizuho boosted their price target on Klaviyo from $42.00 to $52.00 and gave the stock an “outperform” rating in a research report on Thursday. Five research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Klaviyo has an average rating of “Moderate Buy” and an average price target of $49.44.

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.