Added to YB: 2025-05-07
Pitch date: 2025-05-05
KVYO [bearish]
Klaviyo, Inc.
-2.7%
current return
Author Info
The Captain's Log is run by Lauren Balik and shares independent investment research (mostly shorts). Sign up for the newsletter.
Company Info
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.
Market Cap
$8.6B
Pitch Price
$30.77
Price Target
N/A
Dividend
N/A
Sector
Software
Category
N/A
Klaviyo (NYSE: KVYO): A Tunnel Painting on a Rock
KVYO short: 78% of ARR from Shopify ecosystem exposes Klaviyo to tariff risks & de minimis loophole closure. 50%+ of 167k SMB customers face extinction by end-2025. Customers like Busy Baby (GoFundMe), Pashion, CUTS begging for survival. Recent pricing changes can't offset 30%+ revenue at risk. Sell-side cutting targets as Trump admin serious about policy changes.
Read full article (14 min)