While Klaviyo Inc has underperformed by -1.42%, investors are advised to look at stock chart patterns for technical insight.
On March 21, 2024, KeyBanc Capital Markets started tracking Klaviyo Inc (NYSE: KVYO) recommending Sector Weight. A report published by Goldman on February 05, 2024, Upgraded its rating to ‘Buy’ for KVYO. Loop Capital also rated KVYO shares as ‘Buy’, setting a target price of $40 on the company’s shares in an initiating report dated December 08, 2023. Truist initiated its ‘Buy’ rating for KVYO, as published in its report on October 16, 2023. TD Cowen’s report from October 16, 2023 suggests a price prediction of $42 for KVYO shares, giving the stock a ‘Outperform’ rating. Robert W. Baird also rated the stock as ‘Outperform’.
Analysis of Klaviyo Inc (KVYO)
Klaviyo Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. 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.
The average volume for any stock is also a very valuable indicator of volatility, and KVYO has an average volume of 1.21M. On a monthly basis, the volatility of the stock is set at 4.53%, whereas on a weekly basis, it is put at 3.38%, with a loss of -2.38% over the past seven days. Furthermore, long-term investors anticipate a median target price of $37.07, showing growth from the present price of $25.04, 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?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. 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 84.51%. 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 8.82% 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 8.82% at present.
