Klarna Group plc (NYSE:KLAR) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Analysts have a consensus “Hold” rating on Klarna Group, with 13 hold, eight buy, one strong-buy and one sell recommendation. The average 12-month price target is $30.39.
• Recent analyst actions were mixed: Wolfe Research downgraded the stock to “peer perform,” while Bank of America raised its target to $23 and JPMorgan cut its target to $18 while maintaining a neutral rating.
• Klarna reported quarterly revenue of $1.04 billion, up 26.6% year over year, and earnings per share of $0.01 versus expectations for a $0.06 loss. Despite beating estimates, the company remains unprofitable, with a negative net margin and return on equity.

Shares of Klarna Group plc (NYSE:KLAR - Get Free Report) have been given an average recommendation of "Hold" by the twenty-three ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating, eight have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $30.3889.

Several research firms recently commented on KLAR. Wolfe Research cut shares of Klarna Group from an "outperform" rating to a "peer perform" rating in a research report on Tuesday. Bank of America increased their target price on Klarna Group from $21.00 to $23.00 and gave the stock a "buy" rating in a report on Monday, May 18th. Zacks Research lowered Klarna Group from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 5th. Citizens Jmp assumed coverage on Klarna Group in a research report on Tuesday, June 30th. They set a "market perform" rating for the company. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating and set a $18.00 price objective (down from $22.00) on shares of Klarna Group in a report on Wednesday, August 19th.

Institutional Trading of Klarna Group

A number of institutional investors have recently made changes to their positions in the business. Global Retirement Partners LLC boosted its holdings in Klarna Group by 800.0% during the fourth quarter. Global Retirement Partners LLC now owns 900 shares of the company's stock worth $26,000 after purchasing an additional 800 shares during the last quarter. Leonteq Securities AG acquired a new stake in Klarna Group in the 4th quarter valued at $29,000. US Bancorp DE bought a new stake in Klarna Group during the 3rd quarter worth about $30,000. CWM LLC lifted its position in Klarna Group by 172.9% during the 4th quarter. CWM LLC now owns 1,498 shares of the company's stock worth $43,000 after buying an additional 949 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in shares of Klarna Group during the 4th quarter worth about $48,000.

Klarna Group Stock Performance

Shares of KLAR stock opened at $14.26 on Thursday. Klarna Group has a 52 week low of $12.06 and a 52 week high of $57.20. The company's 50 day moving average price is $18.61 and its two-hundred day moving average price is $16.39. The company has a market capitalization of $5.38 billion and a P/E ratio of -38.54.

Klarna Group (NYSE:KLAR - Get Free Report) last released its quarterly earnings results on Tuesday, August 18th. 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 3.54% and a negative return on equity of 5.39%. The company had revenue of $1.04 billion during the quarter, compared to analysts' expectations of $992.56 million. The company's revenue for the quarter was up 26.6% compared to the same quarter last year. Analysts forecast that Klarna Group will post -0.01 earnings per share for the current year.

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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