Klarna Group plc (NYSE:KLAR – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $26.26 and last traded at $26.2320, with a volume of 501873 shares traded. The stock had previously closed at $27.11.
Klarna Group News Roundup
Here are the key news stories impacting Klarna Group this week:
- Negative Sentiment: Bronstein, Gewirtz & Grossman urges Klarna investors to act after filing a class action alleging securities fraud related to the IPO; lead‑plaintiff deadline cited. Bronstein, Gewirtz & Grossman Urges Klarna Investors to Act
- Negative Sentiment: Hagens Berman notifies KLAR investors of the Feb. 20 lead‑plaintiff deadline and is investigating alleged IPO misstatements, including claims connected to a reported 102% spike in the credit loss provision. Hagens Berman Notifies Klarna Investors
- Negative Sentiment: Faruqi & Faruqi reminds shareholders of the Feb. 20 deadline and is investigating potential claims tied to Klarna’s registration statement for the September 2025 IPO. Faruqi & Faruqi Investigates Claims
- Negative Sentiment: The Schall Law Firm announces a securities‑fraud class action and invites IPO purchasers to seek lead‑plaintiff status before Feb. 20. Schall Law Firm Announces Class Action
- Negative Sentiment: Robbins Geller Rudman & Dowd notifies investors with significant losses that they may seek lead‑plaintiff status in the pending class action tied to the IPO. Robbins Geller Announces Lead‑Plaintiff Opportunity
- Negative Sentiment: Rosen Law Firm, Holzer & Holzer, Berger Montague, Portnoy and DJS Law Group each issued filings or reminders about the class action and Feb. 20 deadline, amplifying the number of plaintiffs’ firms pursuing claims. Rosen Law Firm Reminder
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on KLAR. The Goldman Sachs Group began coverage on Klarna Group in a research report on Monday, October 6th. They set a “buy” rating and a $55.00 target price on the stock. Rothschild & Co Redburn began coverage on Klarna Group in a report on Monday, October 6th. They set a “neutral” rating and a $46.00 price objective on the stock. Sanford C. Bernstein started coverage on Klarna Group in a research report on Monday, October 6th. They set a “market perform” rating and a $45.00 price objective on the stock. Wall Street Zen cut Klarna Group from a “hold” rating to a “sell” rating in a research report on Friday. Finally, Keefe, Bruyette & Woods lowered their price target on shares of Klarna Group from $52.00 to $45.00 and set an “outperform” rating on the stock in a report on Friday, January 2nd. Eleven analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Klarna Group has an average rating of “Moderate Buy” and an average target price of $46.60.
Klarna Group Stock Performance
The firm has a 50-day moving average of $30.02. The company has a market cap of $18.77 billion and a price-to-earnings ratio of -40.19.
Institutional Investors Weigh In On Klarna Group
A number of hedge funds have recently made changes to their positions in the company. US Bancorp DE acquired a new position in Klarna Group in the third quarter valued at about $30,000. BIT Capital GmbH acquired a new stake in shares of Klarna Group during the third quarter worth approximately $37,000. Allworth Financial LP bought a new position in shares of Klarna Group in the third quarter valued at approximately $37,000. Compagnie Lombard Odier SCmA acquired a new position in shares of Klarna Group in the 3rd quarter worth approximately $42,000. Finally, TD Waterhouse Canada Inc. bought a new stake in Klarna Group during the 3rd quarter worth approximately $43,000.
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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