Barclays analyst Raimo Lenschow lowered the firm’s price target on Klaviyo (KVYO) to $25 from $31 and keeps an Overweight rating on the shares following the Q1 report. The company saw enterprise and international momentum, with “solid early signs” from its AI strategy, the analyst tells investors in a research note. However, Barclays says softer seasonal trends drove the expectations miss.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KVYO:
- Klaviyo: AI-Driven Expansion and Strong Execution Underscore Buy Rating and Unchanged $32 Price Target
- Klaviyo Earnings Call: Strong Growth, Rising Margins
- Klaviyo Delivers Strong Q1 2026 Results, Raises Outlook
- 3 Best Stocks to Buy in May 2026, According to Analysts
- Morgan Stanley Says It’s Time to Buy These 2 Beaten-Down SaaS Stocks