Klarna Group (NYSE:KLAR – Get Free Report) had its price target dropped by investment analysts at BMO Capital Markets from $19.00 to $15.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “market perform” rating on the stock. BMO Capital Markets’ target price would indicate a potential upside of 1.52% from the company’s current price.
Several other research analysts have also commented on the company. Bank of America raised their price objective on Klarna Group from $21.00 to $23.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Morgan Stanley upped their target price on Klarna Group from $18.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Friday, August 14th. Wells Fargo & Company lowered their target price on Klarna Group from $26.00 to $21.00 and set an “overweight” rating for the company in a research note on Wednesday. Freedom Capital upgraded Klarna Group to a “strong-buy” rating in a report on Wednesday, June 24th. Finally, TD Cowen reduced their price target on Klarna Group from $19.00 to $18.00 and set a “hold” rating on the stock in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Klarna Group has an average rating of “Hold” and an average target price of $31.28.
View Our Latest Report on KLAR
Klarna Group Stock Down 1.9%
Klarna Group (NYSE:KLAR – Get Free Report) last posted its earnings results on Friday, August 14th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.07. Klarna Group had a negative net margin of 5.21% and a negative return on equity of 7.62%. The business had revenue of $1.04 billion for the quarter. The business’s revenue for the quarter was up 26.6% on a year-over-year basis. On average, sell-side analysts anticipate that Klarna Group will post 0.05 earnings per share for the current fiscal year.
Institutional Trading of Klarna Group
Institutional investors and hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC lifted its position in shares of Klarna Group by 173.9% in the 1st quarter. Renaissance Technologies LLC now owns 2,043,100 shares of the company’s stock worth $26,744,000 after buying an additional 1,297,200 shares during the last quarter. Renaissance Capital LLC grew its position in shares of Klarna Group by 532.5% during the 2nd quarter. Renaissance Capital LLC now owns 103,656 shares of the company’s stock valued at $2,098,000 after buying an additional 87,267 shares during the last quarter. Baader Bank Aktiengesellschaft acquired a new stake in Klarna Group during the first quarter worth about $1,964,000. Sumitomo Mitsui Trust Group Inc. raised its stake in Klarna Group by 47.5% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,198,554 shares of the company’s stock worth $15,689,000 after acquiring an additional 385,811 shares during the period. Finally, UBS Group AG lifted its holdings in Klarna Group by 32.9% in the fourth quarter. UBS Group AG now owns 1,376,248 shares of the company’s stock worth $39,787,000 after acquiring an additional 340,562 shares during the last quarter.
Key Klarna Group News
Here are the key news stories impacting Klarna Group this week:
- Positive Sentiment: Klarna exceeded second-quarter expectations, reporting earnings of $0.01 per share versus analysts’ expected loss of $0.06 and revenue of $1.04 billion, up 26.6% year over year. GMV rose 18% to $36.6 billion, while adjusted operating income increased 214% to $91 million. Klarna Reports Second Quarter 2026 Results
- Positive Sentiment: Wells Fargo retained an “overweight” rating despite reducing its price target from $26 to $21, implying substantial potential upside if Klarna can restore confidence in its growth outlook. Klarna also highlighted rising engagement, including 6.5 million card users and higher revenue per active consumer. Klarna Card Users Hit 6.5 Million
- Neutral Sentiment: Klarna announced planned early-2027 transitions for CFO Niclas Neglén and CMO David Sandström. Both executives will remain in place during the handover, limiting the immediate operational impact, but the leadership changes add execution uncertainty. Klarna Announces Planned CFO and CMO Transitions
- Negative Sentiment: Management forecast full-year 2026 revenue of $4.1 billion to $4.2 billion, below the $4.4 billion consensus estimate, and reduced its volume outlook amid weaker German and broader European consumer activity. Third-quarter revenue guidance of $940 million to $980 million also trails the $1.1 billion consensus. Klarna Shares Plunge as Full-Year Revenue Outlook Disappoints
- Negative Sentiment: Analysts have broadly cut estimates following the guidance reduction. TD Cowen lowered its target to $18 and assigned a “hold” rating, Barclays cut its target to $16 with an “equal weight” rating, and JPMorgan reduced its target from $22 to $18 while maintaining “neutral.” These revisions signal reduced expectations for near-term growth.
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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