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Added to YB: 2024-11-08

Pitch date: 2024-11-07

KVYO [bullish]

Klaviyo, Inc.

-15.7%

current return

Author Info

No bio for this author

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

$34.23

Price Target

47.00 (+58%)

Dividend

N/A

EV/EBITDA

-122.74

P/E

-123.02

EV/Sales

6.73

Sector

Software

Category

growth

Show full summary:
KVYO Price Target Raised to $47 at Cantor Fitzgerald

KVYO: Q3 beats on rev (+33.7% YoY) & adj. op. income. 157k customers (+16.3% YoY), 2,619 $50k+ ARR (+54.1% YoY). NRR 110%, down from 119% YoY. 4Q growth ~27%, moderating in 2025. Pullback due to tempered outlook, but attractive entry at 10.3x 2025E EV/Sales. PT $47 at Cantor Fitzgerald.

Read full article (1 min)