Professional
Added to YB: 2024-06-13
Pitch date: 2024-06-12
KVYO [bullish]
Klaviyo, Inc.
-23.14%
current return
Author Info
No bio for this author
Company Info
Klaviyo, Inc. provides a cloud-based software-as-a-service platform in the United States, rest of the Americas, the Asia-Pacific, the United Kingdom, rest of Europe, the Middle East, and Africa.
Market Cap
$5.4B
Pitch Price
$23.60
Price Target
29.00 (+60%)
Dividend
N/A
EV/EBITDA
-159.52
P/E
-162.72
EV/Sales
3.62
Sector
Software
Category
growth
Klaviyo, Inc.: Growth, Valuation, and Potential for Rerating (Barclays)
KVYO: Fastest grower in Barclays software coverage at 25% CY25E YoY, trades in line with SaaS at 5x EV/CY25 sales despite growth. Klaviyo seen trading at steep discount to peers, with room to rerate to 8x sales. Barclays upgrades to Overweight with $29 PT on 7x EV/CY25 sales.
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