Klaviyo, Inc. (KVYO) Soars 5.3%: Is Further Upside Left in the Stock?

Company Overview - Klaviyo, Inc. (KVYO) shares increased by 5.3% to $45.62 in the last trading session, with a higher-than-average trading volume [1] - The stock has gained 3.5% over the past four weeks, indicating positive momentum [1] - Klaviyo is experiencing growth due to an expanding customer base and increased demand for its integrated data and marketing platform across various industries [1] Earnings Expectations - The company is projected to report quarterly earnings of $0.06 per share, reflecting a year-over-year decline of 33.3% [2] - Expected revenues for the upcoming quarter are $257.3 million, which represents a 27.6% increase compared to the same quarter last year [2] - Trends in earnings estimate revisions are correlated with near-term stock price movements, suggesting that monitoring these trends is crucial for investors [2][3] Stock Performance and Industry Context - The consensus EPS estimate for Klaviyo has remained unchanged over the last 30 days, indicating stability in earnings expectations [3] - The stock currently holds a Zacks Rank of 2 (Buy), suggesting a favorable outlook [3] - Klaviyo operates within the Zacks Internet - Software industry, where Snap (SNAP) also competes, having finished the last trading session up 3.1% at $11.19 [3]