Klarna Group (NYSE:KLAR – Get Free Report) had its price target reduced by equities research analysts at Wells Fargo & Company from $32.00 to $26.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective indicates a potential upside of 63.59% from the stock’s current price.
A number of other equities research analysts also recently weighed in on the company. Morgan Stanley decreased their price objective on Klarna Group from $39.00 to $23.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 18th. Keefe, Bruyette & Woods decreased their price target on Klarna Group from $45.00 to $26.00 and set an “outperform” rating on the stock in a research note on Friday, February 20th. Bank of America began coverage on Klarna Group in a research report on Thursday, March 5th. They set a “buy” rating and a $21.00 price target on the stock. TD Cowen started coverage on shares of Klarna Group in a research report on Monday. They set a “hold” rating and a $16.00 price target on the stock. Finally, JPMorgan Chase & Co. dropped their target price on shares of Klarna Group from $40.00 to $20.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Eleven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $35.41.
Read Our Latest Stock Analysis on Klarna Group
Klarna Group Price Performance
Klarna Group (NYSE:KLAR – Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.12. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $940.90 million. Klarna Group had a negative net margin of 8.41% and a negative return on equity of 11.62%. Klarna Group’s revenue for the quarter was up 42.7% on a year-over-year basis. Analysts predict that Klarna Group will post -0.12 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Klarna Group
Large investors have recently made changes to their positions in the stock. Renaissance Technologies LLC lifted its position in Klarna Group by 173.9% in the 1st quarter. Renaissance Technologies LLC now owns 2,043,100 shares of the company’s stock valued at $26,744,000 after acquiring an additional 1,297,200 shares in the last quarter. Walleye Capital LLC raised its stake in shares of Klarna Group by 35.4% in the 1st quarter. Walleye Capital LLC now owns 121,352 shares of the company’s stock valued at $1,588,000 after purchasing an additional 31,729 shares during the period. State of Wyoming boosted its position in shares of Klarna Group by 137.1% during the first quarter. State of Wyoming now owns 75,088 shares of the company’s stock worth $983,000 after buying an additional 43,412 shares during the period. Militia Capital Management LLC bought a new position in shares of Klarna Group during the first quarter worth about $3,558,000. Finally, Baader Bank Aktiengesellschaft acquired a new stake in Klarna Group in the 1st quarter valued at approximately $1,964,000.
More Klarna Group News
Here are the key news stories impacting Klarna Group this week:
- Positive Sentiment: Klarna reported its first quarterly profit since listing, with adjusted operating profit of $68 million and net income of $1 million, signaling improving earnings momentum. Klarna Delivers Strong Start to 2026 With $1Bn Revenue and $68M Adj. Operating Profit
- Positive Sentiment: Revenue topped $1.0 billion, up 44% year over year, while gross merchandise volume reached $33.7 billion, both well above expectations and supportive of the stock’s rebound. Klarna Q1 Earnings Beat Estimates on Strong GMV & Network Expansion
- Positive Sentiment: The company beat analyst estimates on both EPS and revenue, helping reinforce the view that Klarna’s business is scaling more efficiently. Klarna earnings report and conference call
- Positive Sentiment: BMO Capital Markets raised its price target on KLAR to $17 from $16, indicating some analyst confidence remains after the earnings beat, even though the rating stayed at “market perform.” BMO price target raise
- Neutral Sentiment: There was also unusually heavy call option activity, suggesting traders are positioning for more upside, though this does not by itself change fundamentals.
- Neutral Sentiment: Guidance was updated for the second quarter, but the provided details were limited, so the market is likely focusing more on the earnings beat and profit milestone.
About Klarna Group
Klarna Group is a global payments provider specializing in “buy now, pay later” (BNPL) solutions for online and in-store shoppers. The company partners with merchants to offer flexible payment options, including interest-free installments and deferred payments, aiming to enhance conversion rates and customer loyalty. Klarna’s platform integrates risk assessment, fraud prevention, and a one-click checkout experience to streamline transactions for both retailers and consumers.
Through its digital wallet and mobile app, Klarna enables users to manage purchases, track spending and access exclusive shopping offers from partner merchants.
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