Klarna Group plc (NYSE:KLAR) Receives Consensus Rating of “Moderate Buy” from Analysts

Klarna Group plc (NYSE:KLAR) has been assigned a consensus rating of “Moderate Buy” from the twenty-two brokerages that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, nine have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $32.2941.

A number of equities analysts recently commented on KLAR shares. Freedom Capital raised Klarna Group to a “strong-buy” rating in a research note on Wednesday, June 24th. Weiss Ratings lowered shares of Klarna Group from a “sell (d)” rating to a “sell (e+)” rating in a report on Monday, May 18th. Citizens Jmp initiated coverage on shares of Klarna Group in a research report on Tuesday, June 30th. They issued a “market perform” rating on the stock. The Goldman Sachs Group upped their price objective on shares of Klarna Group from $19.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Finally, Wells Fargo & Company lowered their target price on shares of Klarna Group from $32.00 to $26.00 and set an “overweight” rating for the company in a research note on Friday, May 15th.

Klarna Group Stock Down 2.2%

Shares of Klarna Group stock opened at $19.44 on Wednesday. The stock has a market cap of $7.34 billion and a price-to-earnings ratio of -37.38. Klarna Group has a twelve month low of $12.06 and a twelve month high of $57.20. The company’s fifty day moving average is $16.89 and its 200 day moving average is $18.87.

Klarna Group (NYSE:KLAR) last announced its earnings results on Wednesday, May 20th. The company reported ($0.01) 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 revenue for the quarter was up 42.7% compared to the same quarter last year. As a group, equities analysts anticipate that Klarna Group will post 0.04 earnings per share for the current fiscal year.

Key Klarna Group News

Here are the key news stories impacting Klarna Group this week:

• Positive Sentiment: Klarna announced a long-term partnership with Southwest Airlines to offer flexible payment options for airfare purchases, expanding its buy now, pay later reach into travel and potentially boosting future payment volume. Klarna lands Southwest Airlines, bringing flexible payments to millions of US travelers this fall
• Positive Sentiment: The company applied for a U.S. banking charter through the FDIC and Utah regulators, a move that could give Klarna more control over funding, product offerings, and its long-term banking model if approved. Klarna seeks U.S. bank charter in latest push beyond buy now, pay later
• Positive Sentiment: Investor interest in mobile payments and cashless commerce remains supportive for Klarna, with recent sector coverage naming KLAR among potential beneficiaries of accelerating digital payment adoption. Top Mobile Payments Stocks to Buy as Cashless Commerce Accelerates
• Neutral Sentiment: TD Cowen raised its price target on Klarna to $19 from $17, but kept a hold rating, suggesting limited near-term upside despite improved valuation expectations.

Institutional Investors Weigh In On Klarna Group

Several institutional investors and hedge funds have recently made changes to their positions in KLAR. HarbourVest Partners LLC acquired a new stake in shares of Klarna Group during the 3rd quarter worth approximately $184,105,000. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Klarna Group by 53.5% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 812,743 shares of the company’s stock valued at $23,496,000 after acquiring an additional 283,261 shares during the period. Coatue Management LLC bought a new position in Klarna Group during the third quarter worth $12,095,000. Tudor Investment Corp ET AL acquired a new stake in Klarna Group in the third quarter worth $5,681,000. Finally, Robeco Institutional Asset Management B.V. increased its stake in Klarna Group by 150.0% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 150,000 shares of the company’s stock valued at $4,336,000 after purchasing an additional 90,000 shares in the last quarter.

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.