Klarna Group (NYSE:KLAR) Stock Price Down 8.8% – What’s Next?

Klarna Group plc (NYSE:KLAR) was down 8.8% on Tuesday . The company traded as low as $31.56 and last traded at $31.7950. Approximately 1,229,521 shares traded hands during trading, a decline of 62% from the average daily volume of 3,213,318 shares. The stock had previously closed at $34.88.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on KLAR. Wolfe Research started coverage on Klarna Group in a report on Monday, October 6th. They issued an “outperform” rating and a $50.00 target price for the company. JPMorgan Chase & Co. began coverage on Klarna Group in a report on Monday, October 6th. They set an “overweight” rating and a $50.00 price objective for the company. Keefe, Bruyette & Woods initiated coverage on shares of Klarna Group in a report on Monday, October 6th. They issued an “outperform” rating and a $52.00 target price on the stock. Compass Point initiated coverage on shares of Klarna Group in a report on Tuesday, September 16th. They set a “buy” rating and a $53.00 price target for the company. Finally, BNP Paribas Exane began coverage on shares of Klarna Group in a research note on Monday, October 6th. They set a “neutral” rating and a $46.00 price objective on the stock. Eleven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $49.33.

Klarna Group Stock Down 7.6%

The company’s fifty day moving average price is $39.22.

Klarna Group (NYSE:KLAR) last posted its quarterly earnings data on Tuesday, November 18th. The company reported ($0.25) earnings per share for the quarter, beating the consensus estimate of ($0.33) by $0.08. Klarna Group has set its Q4 2025 guidance at EPS.

Institutional Investors Weigh In On Klarna Group

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Alpha Wave Global LP bought a new position in Klarna Group in the third quarter valued at about $13,788,000. Dnca Finance bought a new stake in Klarna Group during the 3rd quarter worth about $1,832,000. Capital Research Global Investors acquired a new position in Klarna Group during the 3rd quarter valued at about $3,793,000. Teachers Retirement System of The State of Kentucky bought a new position in shares of Klarna Group in the 3rd quarter valued at about $4,115,000. Finally, TD Asset Management Inc acquired a new stake in shares of Klarna Group during the 3rd quarter worth approximately $4,867,000.

About Klarna Group

Our mission is to reimagine how consumers spend and save in their daily lives. We help people save time, money and put them in control of their finances. Our vision is a world where Klarna empowers everyone, everywhere, through seamless commerce experiences-as a personalized, trusted assistant making financial empowerment effortless.