Klaviyo Inc (NYSE:KVYO) price on Friday, February 07, fall -1.49% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $46.96.
A look at the stock’s price movement, the close in the last trading session was $47.67, moving within a range at $46.6725 and $48.298. Turning to its 52-week performance, $48.73 and $21.26 were the 52-week high and 52-week low respectively. Overall, KVYO moved 12.56% over the past month.
Klaviyo Inc’s market cap currently stands at around $12.66 billion, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 257.24M for the company’s revenue for the quarter, with a low and high estimate of 256.1M and 258.17M respectively. The average forecast suggests up to a 27.59% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 924.49M, representing a 32.43% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that KVYO is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
5 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 4 recommend KVYO as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
KVYO’s current price about 7.25% and 12.24% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 62.63, while 7-day volatility ratio is 4.18% and 4.56% in the 30-day chart. Further, Klaviyo Inc (KVYO) has a beta value of 0.58, and an average true range (ATR) of 2.01. Analysts have given the company’s stock an average 52-week price target of $42, forecast between a low of $36 and high of $46. Looking at the price targets, the low is 23.34% off current price level while to achieve the yearly target high, price needs to move 2.04%. Nonetheless, investors will most likely welcome a 10.56% jump to $42 which is the analysts’ median price.
If we refocus on Klaviyo Inc (NYSE:KVYO), historical trading data shows that trading volumes averaged 1.38 over the past 10 days and 1.37 million over the past 3 months. The company’s latest data on shares outstanding shows there are 78.48 million shares.
The 80.58% of Klaviyo Inc’s shares are in the hands of company insiders while institutional holders own 21.26% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.63 million on 2025-01-15, giving us a short ratio of 5.39. The data shows that as of 2025-01-15 short interest in Klaviyo Inc (KVYO) stood at 841.0 of shares outstanding, with shares short rising to 6.06 million registered in 2024-12-13. Current price change has pushed the stock 13.87% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the KVYO stock continues to rise going into the next quarter.
