Klarna Group (NYSE:KLAR – Free Report) had its price target trimmed by Barclays from $20.00 to $16.00 in a report released on Wednesday,Benzinga reports. The firm currently has an equal weight rating on the stock.
A number of other research firms also recently issued reports on KLAR. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Klarna Group from $18.00 to $27.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. UBS Group increased their target price on Klarna Group from $20.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Freedom Capital upgraded Klarna Group to a “strong-buy” rating in a research report on Wednesday, June 24th. BMO Capital Markets lifted their price target on Klarna Group from $17.00 to $19.00 and gave the stock a “market perform” rating in a research note on Tuesday, June 23rd. Finally, Zacks Research cut Klarna Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $30.78.
Get Our Latest Analysis on KLAR
Klarna Group Price Performance
Klarna Group (NYSE:KLAR – Get Free Report) last released its quarterly earnings results on Tuesday, August 18th. The company reported $0.01 EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.07. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $992.56 million. Klarna Group had a negative net margin of 3.54% and a negative return on equity of 5.39%. The company’s quarterly revenue was up 26.6% on a year-over-year basis. As a group, research analysts anticipate that Klarna Group will post 0.01 earnings per share for the current year.
Hedge Funds Weigh In On Klarna Group
Several institutional investors and hedge funds have recently made changes to their positions in KLAR. TD Waterhouse Canada Inc. grew its holdings in shares of Klarna Group by 44.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,659 shares of the company’s stock valued at $48,000 after purchasing an additional 509 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in Klarna Group by 19.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,053 shares of the company’s stock worth $117,000 after purchasing an additional 665 shares during the last quarter. Global Retirement Partners LLC boosted its position in Klarna Group by 800.0% during the fourth quarter. Global Retirement Partners LLC now owns 900 shares of the company’s stock valued at $26,000 after buying an additional 800 shares during the period. US Bancorp DE purchased a new stake in Klarna Group during the third quarter valued at about $30,000. Finally, SBI Securities Co. Ltd. grew its stake in shares of Klarna Group by 42.1% during the fourth quarter. SBI Securities Co. Ltd. now owns 2,891 shares of the company’s stock valued at $84,000 after buying an additional 856 shares during the last quarter.
Klarna Group News Summary
Here are the key news stories impacting Klarna Group this week:
- Positive Sentiment: Keefe, Bruyette & Woods maintained an “outperform” rating while lowering its price target from $26 to $21, implying considerable potential upside. Benzinga analyst note
- Positive Sentiment: Citi initiated or reiterated a Buy view on Klarna, providing some support despite the broader analyst estimate reductions. Klarna receives a Buy from Citi
- Positive Sentiment: Klarna said higher margins and stronger U.S. growth are helping offset weaker gross merchandise volume, particularly softer spending in Germany. The company raised its 2026 transaction-margin-dollar outlook, a potentially constructive sign for profitability. Klarna Q2 earnings call analysis
Klarna Group Company Profile
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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