Latest news with #Klaviyo
Yahoo
14 hours ago
- Business
- Yahoo
Cantor starts coverage on software sector; names Klaviyo, Hubspot, Q2 top picks
-- Cantor Fitzgerald starts coverage on the application software sector, with AI a major catalyst that is set to fuel long-term growth across the group. Customer-facing platforms were highlighted as early leaders, with Cantor naming Hubspot, Klaviyo (NYSE:KVYO) and Q2 Holdings (NYSE:QTWO) among its top picks. Analysts assigned an Overweight rating and $775 price target to Hubspot, implying 31% upside. Klaviyo also received an Overweight and a $48 price target, implying 41% upside. Q2 Holdings was rated Overweight with a $110 target, or 26% upside. The brokerage said AI is transitioning software beyond traditional per-seat tools into systems increasingly centered on outcomes and usage-based pricing. This shift is unlocking productivity gains across key business functions such as development, sales, HR, finance, and supply chain. Cantor said vendors that effectively drive user adoption and workflow automation will benefit from "data gravity," reinforcing their competitive positions. It is particularly bullish on companies that are already leveraging AI to boost usage, expand capabilities, and monetize without adding friction. Cantor noted that while valuations have rebounded since the early April lows, with the IGV software index up 29% since April 8, they remain only slightly above historical averages. The firm sees room for further upside, arguing that AI is a more powerful and sustainable driver than pandemic-era remote work trends. 'We have a generally bullish outlook for Software at the current juncture,' analysts at Cantor said citing improving free cash flow, profitability, and more realistic growth expectations as further support for upside in software stocks. Related articles Cantor starts coverage on software sector; names Klaviyo, Hubspot, Q2 top picks German auto industry risks production halts over Chinese rare earth export restric BofA survey shows softer software spending outlook, AI focus shifts Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
a day ago
- Business
- Bloomberg
Energy, Tech Spur Equity Rebound
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Eurasia Group President and Founder Ian Bremmer, Cooperative Rabobank UA Head, Cross Asset Strategy Christian Lawrence, Jefferies Managing Director Equity Research Analyst David Katz, Klaviyo CEO Andrew Bialecki, MNTN Founder and CEO Mark Douglas, Hoover Institution American Public Policy Studies Fellow Lanhee Chen, and Belgian Boys CEO Anouck Gotlib. (Source: Bloomberg)
Yahoo
6 days ago
- Business
- Yahoo
Klaviyo (KVYO) Slid Despite Strong Earnings
Sands Capital, an investment management company, released its 'Sands Capital Technology Innovators Fund' Q1 2025 investor letter. A copy of the letter can be downloaded here. Technology Innovators focus on pioneering businesses worldwide that serve as key drivers or beneficiaries of significant long-term changes driven by technology. The fund returned -10.4% (net) in the first quarter compared to a 9.4% return for the benchmark, MSCI ACWI Info Tech and Communication Services Index. The choice of securities in the software sector was the primary factor negatively impacting relative performance. You can check the fund's top 5 holdings to know more about its best picks for 2025. In its first-quarter 2025 investor letter, Sands Capital Technology Innovators Fund highlighted stocks such as Klaviyo, Inc. (NYSE:KVYO). Headquartered in Boston, Massachusetts, Klaviyo, Inc. (NYSE:KVYO) is a technology company. The one-month return of Klaviyo, Inc. (NYSE:KVYO) was 6.72%, and its shares have appreciated by 48.04% over the past 52 weeks. On May 28, 2025, Klaviyo, Inc. (NYSE:KVYO) closed at $33.65 per share, with a market capitalization of $10.008 billion. Sands Capital Technology Innovators Fund stated the following regarding Klaviyo, Inc. (NYSE:KVYO) in its Q1 2025 investor letter: "Klaviyo, Inc. (NYSE:KVYO) is an innovative provider of business-to-consumer (B2C) marketing technology. The business reported a strong 2024 fourth quarter result, with key metrics exceeding both consensus and our expectations. While shares declined—due to high pre-earnings expectations, a slightly softer guide, and the broader tech selloff—we view the business as executing well. Management continues to improve communication and operational delivery, with strong momentum across upmarket adoption, international expansion, and product innovation. The standout announcement was the launch of a full CRM platform that integrates marketing, customer service, and analytics. This shift positions Klaviyo as a true platform business for B2C brands, in our view, and expands its AI opportunity." SFIO CRACHO/ Klaviyo, Inc. (NYSE:KVYO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 36 hedge fund portfolios held Klaviyo, Inc. (NYSE:KVYO) at the end of the first quarter, which was 30 in the previous quarter. Klaviyo, Inc. (NYSE:KVYO) reported Q1 revenue of $280 million, representing 33% year-over-year growth. While we acknowledge the potential of Klaviyo, Inc. (NYSE:KVYO) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Klaviyo, Inc. (NYSE:KVYO) and shared the list of most promising new technology stocks according to analysts. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
Klaviyo (KVYO) Slid Despite Strong Earnings
Sands Capital, an investment management company, released its 'Sands Capital Technology Innovators Fund' Q1 2025 investor letter. A copy of the letter can be downloaded here. Technology Innovators focus on pioneering businesses worldwide that serve as key drivers or beneficiaries of significant long-term changes driven by technology. The fund returned -10.4% (net) in the first quarter compared to a 9.4% return for the benchmark, MSCI ACWI Info Tech and Communication Services Index. The choice of securities in the software sector was the primary factor negatively impacting relative performance. You can check the fund's top 5 holdings to know more about its best picks for 2025. In its first-quarter 2025 investor letter, Sands Capital Technology Innovators Fund highlighted stocks such as Klaviyo, Inc. (NYSE:KVYO). Headquartered in Boston, Massachusetts, Klaviyo, Inc. (NYSE:KVYO) is a technology company. The one-month return of Klaviyo, Inc. (NYSE:KVYO) was 6.72%, and its shares have appreciated by 48.04% over the past 52 weeks. On May 28, 2025, Klaviyo, Inc. (NYSE:KVYO) closed at $33.65 per share, with a market capitalization of $10.008 billion. Sands Capital Technology Innovators Fund stated the following regarding Klaviyo, Inc. (NYSE:KVYO) in its Q1 2025 investor letter: "Klaviyo, Inc. (NYSE:KVYO) is an innovative provider of business-to-consumer (B2C) marketing technology. The business reported a strong 2024 fourth quarter result, with key metrics exceeding both consensus and our expectations. While shares declined—due to high pre-earnings expectations, a slightly softer guide, and the broader tech selloff—we view the business as executing well. Management continues to improve communication and operational delivery, with strong momentum across upmarket adoption, international expansion, and product innovation. The standout announcement was the launch of a full CRM platform that integrates marketing, customer service, and analytics. This shift positions Klaviyo as a true platform business for B2C brands, in our view, and expands its AI opportunity." SFIO CRACHO/ Klaviyo, Inc. (NYSE:KVYO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 36 hedge fund portfolios held Klaviyo, Inc. (NYSE:KVYO) at the end of the first quarter, which was 30 in the previous quarter. Klaviyo, Inc. (NYSE:KVYO) reported Q1 revenue of $280 million, representing 33% year-over-year growth. While we acknowledge the potential of Klaviyo, Inc. (NYSE:KVYO) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Klaviyo, Inc. (NYSE:KVYO) and shared the list of most promising new technology stocks according to analysts. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
6 days ago
- Business
- Yahoo
Klaviyo to Participate in William Blair 45th Annual Growth Stock Conference
BOSTON, May 28, 2025--(BUSINESS WIRE)--Klaviyo (NYSE: KVYO), the only CRM built for consumer brands, today announced that Amanda Whalen, Chief Financial Officer, will participate in a fireside chat at the William Blair 45th Annual Growth Stock Conference on Wednesday, June 4, 2025 at 11:20 a.m. CT / 12:20 p.m. ET. Live webcasts and replays will be available on Klaviyo's investor relations website at About Klaviyo Klaviyo (NYSE: KVYO) is the only CRM built for B2C brands. Powered by its built-in data platform and AI insights, Klaviyo combines marketing automation, analytics, and customer service into one unified solution, making it easy for businesses to know their customers and grow faster. Klaviyo (CLAY-vee-oh) helps relationship-driven brands like Mattel, Glossier, CorePower Yoga, Daily Harvest and 169,000+ others deliver 1:1 experiences at scale, improve efficiency, and drive revenue. Tag: IR View source version on Contacts Investor Relations Contact:Andrew Zilliir@ Press Contact:Lacey Berrienpress@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
