On October 8, Klaviyo, Inc. rose 5.81% in regular trading, trading at $17.58 per share, with Turnover of $1.03 billion. The movement follows the company's second-quarter results released on August 5, where revenue of $370.576 million beat the consensus estimate of $362.110 million, while adjusted EPS of $0.19 was in line with expectations. Truist subsequently lowered its price target to $30 from $35 but maintained a Buy rating, reflecting continued fundamental confidence. The company's push into AI marketing agents, including Composer entering public beta and upgraded Customer Agent, provides additional growth expectations.
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