Klaviyo (NYSE:KVYO) is a technology company that operates in the prepackaged software industry. Recently, analysts have compared Klaviyo’s performance to that of its peers based on various factors such as institutional ownership, valuation, profitability, analyst recommendations, risk, dividends, and earnings.
According to MarketBeat, Klaviyo currently has a consensus price target of $36.87, suggesting a potential downside of 1.74%. In contrast, the “Prepackaged software” industry as a whole has a potential upside of 10.68%. This indicates that analysts believe Klaviyo may have less favorable growth prospects compared to its peers.
When it comes to profitability, Klaviyo’s peers have higher revenue and earnings. However, Klaviyo is trading at a lower price-to-earnings ratio than its peers, making it relatively more affordable in the industry.
In terms of ownership, 45.4% of Klaviyo shares are held by institutional investors, while 57.5% of shares of all “Prepackaged software” companies are held by institutional investors. Additionally, 53.2% of Klaviyo shares are held by company insiders, compared to 19.7% for its peers. These figures indicate strong institutional ownership and insider confidence in Klaviyo’s long-term performance.