$KVYO

Salesforce stock rose 12% after its fiscal Q2, highlighting the growing enterprise AI software trend. The article discusses three companies—Five9, Amdocs, and Klaviyo—exposed to this theme. Five9 (FIVN) integrates AI into contact centers, Amdocs (DOX) focuses on telecom AI solutions, and Klaviyo (KLVY) offers AI-driven marketing tools. Each faces execution risks but presents potential for investors.

Klaviyo (KVYO) reported Q2 2026 revenue of $370.58M and a narrower net loss of $8.85M. The company raised full-year 2026 revenue guidance to $1.526B-$1.534B and confirmed Q3 expectations. Klaviyo also announced an AI expansion via acquiring Agency’s team and technology and naming founder Elias Torres Chief Product Officer.

Klaviyo (KVYO) drew investor attention after its early August earnings update, which included higher full-year revenue guidance, an AI-focused acquisition, and ongoing share repurchases. The stock rose 11.42% in one day and 33.66% over 90 days, but is down 34.45% YTD and 38.06% over one year. A valuation narrative cites fair value of $26.70 vs $19.22 close.

Analyst estimates cited by FactSet show Klaviyo, Inc. Series A’s average 12-month price target was cut to $26.65 from $26.81. The range is $19 to $36 per share. Using the Aug. 13 close, the target implies about 39% upside. Consensus remains “Buy” (21 Buys, 2 Holds, 0 Sells) from 23 analysts.

SUMMIT PARTNERS L P sold 5,000,000 indirectly-held shares of Klaviyo, Inc. (KVYO) at $17.71 ($88.55M total) on 2026-08-11. Filed jointly with Summit Partners Growth Equity Fund IX-A, L.P. (10% owner), Summit Partners Growth Equity Fund IX-B, L.P. (10% owner), Summit Partners Co-Invest (Kiwi), LP (10% owner), SUMMIT INVESTORS GE IX/VC IV, LLC (10% owner) and SUMMIT INVESTORS GE IX/VC IV (UK), L.P. (10% owner).

Klaviyo, Inc. (NYSE: KVYO) filed a Rule 144 notice for a proposed sale of 2,955,112 shares of its Series A common stock by Goldman Sachs & Co. LLC. The filing cites an aggregate market value of about $54.26 million and notes 32,170,006 equity interests were bought in pre-IPO transactions on Sept. 20, 2023. The sale is intended for the NYSE.

Klaviyo, Inc. (KVYO) says a shareholder filed a Form 144 to sell up to 182,210 shares of its Series A common stock via Goldman Sachs & Co. LLC on the NYSE. The filing values the planned sale at $3,345,375.60 and references 126,937,933 shares outstanding as of Aug. 11, 2026.

Klaviyo said it fixed a website configuration bug that may have exposed some new customers’ sign-up data, including passwords, to third-party ad trackers embedded on its site. The company estimates fewer than 200 people were affected based on active logs, but it has not disclosed log-retention or the full duration. Affected data reportedly included emails and other fields, raising account-takeover risk.

Security researchers at Melurna told TechCrunch that Klaviyo’s sign-up form was misconfigured from at least Feb 2024 to Nov 2025, potentially sending new customers’ emails and passwords to third-party advertisers and tech trackers embedded on its site, including Google, Facebook, HubSpot, Microsoft/LinkedIn, and X. Klaviyo said it fixed the issue and that fewer than 200 people were affected, based on active logs.

Klaviyo (NYSE:KVYO) said 27% of mid-market and enterprise customers use Composer, and AI-generated campaigns incorporated by users rose to 46% from 35%. Customer Agent adoption grew 40% QoQ, with weekly resolution volumes up nearly 80%. Klaviyo plans to buy Agency to expand AI agents. Q2 net revenue retention was 109%; non-GAAP gross margin 73.4%.