While Klaviyo Inc has underperformed by -6.86%, investors are advised to look at stock chart patterns for technical insight.
On February 05, 2024, Goldman Upgraded Klaviyo Inc (NYSE: KVYO) to Buy. A report published by Loop Capital on December 08, 2023, Initiated its previous ‘Buy’ rating for KVYO. Truist Initiated an Buy rating on October 16, 2023, and assigned a price target of $42. TD Cowen initiated its ‘Outperform’ rating for KVYO, as published in its report on October 16, 2023. Robert W. Baird’s report from October 16, 2023 suggests a price prediction of $40 for KVYO shares, giving the stock a ‘Outperform’ rating. Piper Sandler also rated the stock as ‘Overweight’.
Analysis of Klaviyo Inc (KVYO)
One of the most important indicators of Klaviyo Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. Taking into account the quick ratio of the company, currently set at 6.41, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and KVYO is recording 1.01M average volume. On a monthly basis, the volatility of the stock is set at 6.00%, whereas on a weekly basis, it is put at 8.10%, with a loss of -14.10% over the past seven days. Furthermore, long-term investors anticipate a median target price of $37.83, showing growth from the present price of $24.98, which can serve as yet another indication of whether KVYO is worth investing in or should be passed over.
How Do You Analyze Klaviyo Inc Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 93.39%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 9.65% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
KVYO shares are owned by institutional investors to the tune of 9.65% at present.
