Wall Street Bullish on Klaviyo, Inc (KVYO), Here’s Why

Klaviyo, Inc. (NYSE:KVYO) is one of the Best Beaten Down Growth Stocks to Buy According to Analysts. Wall Street is bullish on Klaviyo, Inc. (NYSE:KVYO) ahead of its fiscal third-quarter results. The company is expected to release earnings on November 5, 2025.

On October 21, Samad Samana from Jefferies initiated Klaviyo, Inc. (NYSE:KVYO) with a Buy rating and a $32 price target. The stock price has decreased 38.76% on a year-to-date basis, Samana noted in his research note that which was mainly due to AI concerns. Regardless, the firm believes that the risk is priced in the current valuation. Moreover, the firm also sees the company’s risk/reward skewed positively.

Earlier on October 1, Rayan MacWilliams from Wells Fargo also initiated coverage of the stock with a Buy rating and a price target of $40. Similar to Jefferies, Wells Fargo also has a positive outlook on Klaviyo, Inc. (NYSE:KVYO). The analyst explained in his research note that this is driven by the company’s unique position to embed AI, along with the ability to generate strong margins and free cash flow.

Management raised full-year guidance during the second quarter of 2025. It now expects revenue to be between $1.195 billion and $1.203 billion, reflecting 27% to 28% year-over-year growth.

Klaviyo, Inc. (NYSE:KVYO) provides customer relationship management platforms to businesses. Its platform is specifically designed for Business-to-Consumer brands, focusing on unifying marketing analytics and customer service into one integrated solution.

While we acknowledge the potential of KVYO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than KVYO and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.