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Klaviyo Announces $372M Secondary Offering for Tax Obligations

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Klaviyo Announces $372M Secondary Offering for Tax Obligations

Confident Investing Starts Here:

Klaviyo, Inc. Class A ( (KVYO) ) has issued an update.

On May 13, 2025, Klaviyo, Inc. announced a secondary offering of $372 million in Series A common stock, primarily to cover CEO Andrew Bialecki’s tax obligations related to stock options. The company will not receive proceeds from this offering, which is managed by Goldman Sachs and Morgan Stanley, and its completion is subject to market conditions.

The most recent analyst rating on (KVYO) stock is a Buy with a $43.00 price target. To see the full list of analyst forecasts on Klaviyo, Inc. Class A stock, see the KVYO Stock Forecast page.

Spark’s Take on KVYO Stock

According to Spark, TipRanks’ AI Analyst, KVYO is a Outperform.

Klaviyo, Inc. scores well due to significant revenue growth and strong market momentum, supported by a positive earnings call highlighting international expansion and customer retention. However, profitability challenges and valuation concerns slightly temper the overall outlook.

To see Spark’s full report on KVYO stock, click here.

More about Klaviyo, Inc. Class A

Klaviyo (NYSE: KVYO) is a CRM platform specifically designed for B2C brands, integrating marketing automation, analytics, and customer service to enhance customer relationships and drive business growth. It serves notable brands like Mattel and Glossier, among others.

Average Trading Volume: 2,241,699

Technical Sentiment Signal: Buy

Current Market Cap: $9.61B

Learn more about KVYO stock on TipRanks’ Stock Analysis page.

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