Gfigo4
$KVYO the salesforce buying $BRZE news shows how UNDERVALUED klaviyo still is. This is as direct a comparison as you can get.
Comparison details:
Braze got bought at 6.4x revenue
Klaviyo is bigger (~$1.5 billion vs ~$900 million revenue)
Klaviyo is more profitable. Non gaap operating margin is ~15% vs ~8%
Growth for both companies is roughly the same around ~25%
Yet klaviyo trades around 3.5x revenue right now….
So there is actually an argument that klaviyo is worth more than braze
That would mean more that DOUBLE the stock price.
Yea…. Im not selling until $40+
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