Citizens Jmp Initiates Coverage on Klarna Group (NYSE:KLAR)

Posted by Brian Himes on Jun 30th, 2026

Investment analysts at Citizens Jmp assumed coverage on shares of Klarna Group (NYSE:KLAR – Get Free Report) in a research note issued on Tuesday. The firm set a “market perform” rating on the stock.

Several other research firms have also recently weighed in on KLAR. Morgan Stanley boosted their price objective on Klarna Group from $16.00 to $18.00 and gave the stock an “equal weight” rating in a research report on Monday, May 18th. The Goldman Sachs Group boosted their price target on shares of Klarna Group from $19.00 to $21.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Bank of America raised their price objective on shares of Klarna Group from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Wells Fargo & Company lowered their price objective on shares of Klarna Group from $32.00 to $26.00 and set an “overweight” rating on the stock in a research report on Friday, May 15th. Finally, TD Cowen started coverage on shares of Klarna Group in a research note on Monday, May 11th. They issued a “hold” rating and a $16.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $33.35.

Get Our Latest Stock Analysis on Klarna Group

Klarna Group Stock Performance

Shares of NYSE KLAR opened at $20.31 on Tuesday. The stock has a market cap of $7.67 billion and a price-to-earnings ratio of -39.06. Klarna Group has a fifty-two week low of $12.06 and a fifty-two week high of $57.20. The firm’s 50-day simple moving average is $16.24 and its 200 day simple moving average is $19.34.

Klarna Group (NYSE:KLAR – Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.12. Klarna Group had a negative return on equity of 7.62% and a negative net margin of 5.21%.The company’s quarterly revenue was up 42.7% on a year-over-year basis. On average, sell-side analysts predict that Klarna Group will post 0.04 EPS for the current year.

Institutional Trading of Klarna Group

A number of institutional investors have recently added to or reduced their stakes in KLAR. Militia Capital Management LLC purchased a new stake in shares of Klarna Group in the first quarter worth about $3,625,000. Bank of America Corp DE grew its stake in Klarna Group by 3.8% during the first quarter. Bank of America Corp DE now owns 193,603 shares of the company’s stock valued at $2,534,000 after acquiring an additional 7,134 shares in the last quarter. Royal Bank of Canada increased its holdings in Klarna Group by 72.1% during the 1st quarter. Royal Bank of Canada now owns 11,007 shares of the company’s stock worth $145,000 after acquiring an additional 4,612 shares during the period. SummitTX Capital L.P. bought a new stake in Klarna Group during the 1st quarter worth approximately $787,000. Finally, Corsair Capital Management L.P. purchased a new stake in Klarna Group in the 1st quarter worth approximately $524,000.

Klarna Group Company Profile

(Get Free Report)

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.