Klaviyo, Inc. (KVYO) Price Target Reduced to $30 at Piper Sandler on Software Multiple Pressure

On February 3, Piper Sandler lowered its terms people connected Klaviyo, Inc. (NYSE:KVYO) to $30 from $45 portion reiterating an Overweight rating, besides pursuing a transportation of coverage. Similar to different names successful the platforms and apps group, the people simplification reflects broader sector-level concerns astir multiples alternatively than a alteration successful Klaviyo’s underlying concern performance. Piper noted ongoing pessimism toward bundle stocks contempt caller stock terms declines.

Klaviyo, Inc. (NYSE:KVYO) delivered beardown results successful the 3rd 4th of fiscal 2025, with gross rising 32% year-over-year to $311 million. Growth was driven by steadfast caller lawsuit additions and multiproduct adoption among existing clients. The institution continues to integrate agentic AI into its platform, with AI-enabled features contributing to higher engagement metrics specified arsenic unfastened rates and attributed gross worth for customers.

Founded successful 2012 and headquartered successful Boston, Klaviyo, Inc. (NYSE:KVYO) offers an AI-driven selling automation and lawsuit information level tailored chiefly to e-commerce businesses. As brands progressively prioritize first-party information and personalized outreach, Klaviyo’s expanding diagnostic acceptable positions it to stay a applicable subordinate contempt near-term valuation unit crossed the bundle landscape.

While we admit the imaginable of KVYO arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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