In the last trading session, 1.9 million shares of the Klaviyo Inc (NYSE:KVYO) were traded, and its beta was 1.11. Most recently the company’s share price was $34.34, and it changed around $0.4 or 1.18% from the last close, which brings the market valuation of the company to $9.38B. KVYO currently trades at a discount to its 52-week high of $49.55, offering almost -44.29% off that amount. The share price’s 52-week low was $21.26, which indicates that the current value has risen by an impressive 38.09% since then. We note from Klaviyo Inc’s average daily trading volume that its 10-day average is 1.29 million shares, with the 3-month average coming to 1.34 million.
Klaviyo Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.55. If we narrow it down even further, the data shows that 0 out of 22 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 5 recommended KVYO as a Hold, whereas 13 deemed it a Buy, and 0 rated it as Underweight. Klaviyo Inc is expected to report earnings per share of 0.12 for the current quarter.
Klaviyo Inc (NYSE:KVYO) trade information
Instantly KVYO has showed a green trend with a performance of 1.18% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 34.54 on recent trading dayincreased the stock’s daily price by 0.58%. The company’s shares are currently down -16.73% year-to-date, but still up 6.78% over the last five days. On the other hand, Klaviyo Inc (NYSE:KVYO) is -17.39% down in the 30-day period. We can see from the shorts that 4.86 million shares have been sold at a short interest cover period of 3.08 day(s).
The consensus price target as assigned by Wall Street analysts is $42, which translates to bulls needing to increase their stock price by 18.24% from its current value. Analyst projections state that KVYO is forecast to be at a low of $36 and a high of $46.
Klaviyo Inc (KVYO) estimates and forecasts
The year-over-year growth rate is expected to be 23.94%, up from the previous year.
Consensus estimates provided by 20 financial analysts predict the company will bring in an average of 267.79M in revenue for the current quarter. 20 analysts expect Klaviyo Inc to make 276.72M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 209.99M and 222.21M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 27.52%. Forecasts for the next quarter put sales growth at 24.53%.
Klaviyo Inc earnings are expected to increase by 9.63% in 2025, but the outlook is positive 23.26% per year for the next five years.
KVYO Dividends
Klaviyo Inc’s next quarterly earnings report is expected to be released on 2025-Feb-18.
Klaviyo Inc (NYSE:KVYO)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.52% of Klaviyo Inc shares, and 83.74% of them are in the hands of institutional investors. The stock currently has a share float of 85.03%. Klaviyo Inc stock is held by 248.0 institutions, with SUMMIT PARTNERS L P being the largest institutional investor. By 2024-06-30, it held 17.9958% of the shares, which is about 47.74 million shares worth $1.19 billion.
CAPITAL RESEARCH GLOBAL INVESTORS, with 1.9459% or 5.16 million shares worth $128.49 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
SMALLCAP WORLD FUND INC and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 2.67 shares worth $91.8 million, making up 2.95% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 2.23 shares worth around $76.7 million, which represents about 2.47% of the total shares outstanding.
