Klaviyo Inc. (NYSE:KVYO) is one of the best US stocks to buy under $50. On January 12, Cantor Fitzgerald reiterated an Overweight rating on Klaviyo Inc. (NYSE:KVYO) and a $40 price target. The bullish stance comes as the research firm does not expect artificial intelligence to take over the software world.
Cantor Fitzgerald does not expect enterprises to reinvent the wheel amid the artificial intelligence revolution, given the complexity of existing features and workflows. Consequently, it remains confident in the company’s position amid developments in AI in the software industry.
The research firm expects the launch of Marketing Agent and Customer Agent products to strengthen the company and drive significant upside in 2026. Revenue is expected to surpass $1 billion, up 32.8% over the past 12 months. Cantor Fitzgerald remains bullish about the company’s prospects, given its leading position in the software-as-a-service market.
Meanwhile, BTIG has also touted Klaviyo as one of its best stock picks for the first half of the year. Analyst Nick Altman has a $40 price target on the stock in anticipation of a significant upswing on the formation of a double bottom.
Klaviyo Inc. (NYSE:KVYO) is a technology company that provides an AI-powered B2C Customer Relationship Management (CRM) platform that unifies marketing, service, and analytics for e-commerce brands.
While we acknowledge the potential of KVYO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.