Klarna Group plc (NYSE:KLAR – Get Free Report) saw unusually-strong trading volume on Wednesday . 4,617,165 shares were traded during trading, a decline of 18% from the previous session’s volume of 5,618,788 shares.The stock last traded at $14.6730 and had previously closed at $15.06.
Klarna Group News Roundup
Here are the key news stories impacting Klarna Group this week:
- Positive Sentiment: Citi initiated or reiterated a Buy rating on Klarna, providing a bullish counterpoint to the recent analyst downgrades. Klarna Group Plc Receives a Buy from Citi
- Positive Sentiment: Klarna’s second-quarter results exceeded expectations, with adjusted EPS of $0.01 versus the $0.06 loss analysts expected and revenue of approximately $1.04 billion, up 26.6% year over year. Management also raised its 2026 transaction-margin-dollar outlook, supported by stronger U.S. growth and improving margins. Klarna Q2 Earnings Call Balances Softer GMV With Higher Margins
- Neutral Sentiment: Despite the earnings beat, Klarna lowered its 2026 sales, revenue, and gross-merchandise-volume expectations. Softer consumer spending in Germany was cited as a headwind, although U.S. momentum remains stronger. Klarna Group Shares Plunged on Updated Guidance
- Negative Sentiment: The reduced outlook and leadership changes triggered a sharp reassessment of Klarna’s growth prospects. Multiple firms cut targets: Morgan Stanley to $17, BMO to $15, Barclays to $16, JPMorgan to $18, TD Cowen to $18, and Wells Fargo to $21. Ratings were generally neutral, equal weight, hold, or market perform, although Wells Fargo remains overweight. Klarna Analysts Cut Their Forecasts After Q2 Results
- Negative Sentiment: Investor sentiment is also being pressured by a broader rotation away from high-growth BNPL fintechs toward established financial companies, while commentary has warned that some fintech valuations were priced for near-perfect execution. Rotation in BNPL Stocks
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on KLAR. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Klarna Group in a report on Thursday, August 13th. Wells Fargo & Company cut their price objective on Klarna Group from $26.00 to $21.00 and set an “overweight” rating for the company in a research report on Wednesday. Barclays decreased their target price on Klarna Group from $20.00 to $16.00 and set an “equal weight” rating on the stock in a research report on Wednesday. TD Cowen dropped their price target on shares of Klarna Group from $19.00 to $18.00 and set a “hold” rating on the stock in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft boosted their price target 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. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Klarna Group currently has a consensus rating of “Hold” and a consensus target price of $31.06.
Klarna Group Stock Down 5.1%
The firm has a market cap of $5.28 billion and a PE ratio of -37.78. The firm has a 50-day moving average price of $18.87 and a two-hundred day moving average price of $16.60.
Klarna Group (NYSE:KLAR – Get Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.07. Klarna Group had a negative net margin of 3.54% and a negative return on equity of 5.39%. The firm had revenue of $1.04 billion for the quarter. Klarna Group’s quarterly revenue was up 26.6% compared to the same quarter last year. Research analysts forecast that Klarna Group plc will post 0.05 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Klarna Group
Institutional investors have recently added to or reduced their stakes in the stock. US Bancorp DE purchased a new stake in Klarna Group in the 3rd quarter valued at $30,000. First Trust Advisors LP acquired a new position in shares of Klarna Group during the 3rd quarter valued at about $526,000. Russell Investments Group Ltd. acquired a new position in shares of Klarna Group during the 3rd quarter valued at about $19,272,000. Legal & General Group Plc purchased a new stake in shares of Klarna Group in the third quarter valued at about $148,000. Finally, Franklin Resources Inc. acquired a new stake in Klarna Group during the third quarter worth about $10,995,000.
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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