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Investing.com - Cantor Fitzgerald has reiterated an Overweight rating and $48.00 price target on Klaviyo Inc (NYSE:KVYO), currently trading at $35.29, following the company’s quarterly earnings report. According to InvestingPro data, analyst targets range from $37 to $60, suggesting significant upside potential.
Klaviyo delivered revenue growth of 32%, exceeding consensus estimates by $14 million according to Visible Alpha data. The company, which boasts impressive gross profit margins of 75.77% according to InvestingPro, reported better-than-expected new customer additions and its best-ever net additions of customers spending over $50,000.
International growth reached 42% for the quarter, while operating profit margin came in at 14%, surpassing management’s guidance of 11-12%. The strong performance led the company to significantly raise its full-year guidance and second-half outlook.
Cantor Fitzgerald noted the continued business momentum despite macroeconomic uncertainty, particularly among Klaviyo’s core retail and commerce customers. The firm described this resilience as "especially bullish" for the company’s prospects.
The recent launch of new AI-powered products, including Klaviyo Data Platform and Klaviyo Service agentic (currently in Beta), was highlighted as contributing to an improving outlook for the company. Cantor Fitzgerald maintains Klaviyo as its "top pick" in the sector.
In other recent news, Klaviyo Inc. reported its second-quarter earnings for 2025, surpassing Wall Street expectations. The company achieved an earnings per share (EPS) of $0.16, compared to the forecasted $0.13, marking a 23.08% surprise. Revenue also exceeded predictions, reaching $293 million and surpassing estimates by 10.12%. These results highlight Klaviyo’s strong performance and strategic growth initiatives. The earnings announcement was positively received by investors. There are no recent reports of mergers involving Klaviyo. Analyst upgrades or downgrades for Klaviyo have not been mentioned in recent developments. Other company news has not been highlighted at this time.
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