Based on the 15-minute chart of Klaviyo, the Bollinger Bands are expanding upward, indicating a growing trend, while the KDJ Golden Cross occurred on September 3, 2023, at 12:15. This suggests that the market is being driven by buyers and the momentum of the stock price is shifting towards the upside, with potential for further increases.
Based on the 15-minute chart of Klaviyo, Inc. (NYSE:KVYO), the Bollinger Bands are expanding upward, indicating increased volatility and a growing trend. This expansion suggests that the stock price is experiencing heightened volatility and is likely to continue trending upwards. Additionally, the KDJ Golden Cross occurred on September 3, 2023, at 12:15, further signaling a shift in momentum towards the upside. This technical indicator indicates that the stock's momentum is being driven by buyers, suggesting potential for further price appreciation.
Klaviyo has recently attracted significant institutional investment. Raymond James Financial Inc. increased its stake in Klaviyo by 85.4% during the first quarter, purchasing 251,104 shares and bringing their total holdings to approximately $16.5 million [1]. This move was part of a broader trend, as several large investors, including Focus Partners Wealth, D. E. Shaw & Co. Inc., Lord Abbett & CO. LLC, Vanguard Group Inc., and Ameriprise Financial Inc., have also modified their holdings in the company's stock [1].
Analyst ratings for Klaviyo are mixed, with 18 analysts issuing Buy ratings, while Zacks Research rated the stock as a "strong sell," indicating varying levels of confidence in its future performance [1]. Despite this, the stock has shown resilience, trading down by only 0.2% on Monday, September 1st, reaching $32.43 [1].
The company reported earnings of $0.16 per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.03 [1]. Revenue for the quarter was $293.12 million, up 31.9% year-over-year, and analysts expect the company to post 0.04 earnings per share for the current year [1].
Several analysts have recently issued new price targets for Klaviyo. Piper Sandler increased their target price from $40.00 to $55.00, while Benchmark increased their target from $44.00 to $46.00. Macquarie reissued a neutral rating with a $37.00 price target, and TD Cowen increased their target from $45.00 to $46.00 [1]. Eighteen research analysts have rated the stock with a Buy rating, with a consensus rating of "Moderate Buy" and an average target price of $43.65 [1].
Despite insider selling, with corporate insiders owning 49.92% of the company's stock and selling 4.3 million shares in the past 90 days, the overall sentiment remains bullish [1]. The stock's 50-day and 200-day moving averages of $32.35 and $33.01, respectively, suggest a stable upward trend [1].
In conclusion, Klaviyo, Inc. continues to attract significant institutional investment and positive analyst ratings. Technical indicators suggest a strong upward momentum, driven by buyers. The company's recent earnings report and analyst price targets further support the bullish sentiment.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-raymond-james-financial-inc-purchases-251104-shares-of-klaviyo-inc-kvyo-2025-08-29/
[2] https://www.marketbeat.com/
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