Tudor Investment Corp ET AL Makes New $5.68 Million Investment in Klarna Group plc $KLAR

Key Points

• Tudor Investment Corp ET AL acquired a new stake of 155,000 Klarna shares in Q3, valued at approximately $5.68 million.
• Several analysts recently cut price targets — including Wells Fargo, Morgan Stanley, JPMorgan and KBW — while Bank of America initiated coverage with a buy and $21 target; the consensus is a "Moderate Buy" with an average target of $38.33.
• Klarna opened at $13.56, trades near its 12-month low of $12.50 (vs. a $57.20 high), has a market cap of about $5.12 billion and a negative P/E of -17.6, indicating the stock is trading well below analyst targets.

Tudor Investment Corp ET AL acquired a new stake in shares of Klarna Group plc (NYSE:KLAR - Free Report) during the third quarter, according to its most recent disclosure with the SEC. The fund acquired 155,000 shares of the company's stock, valued at approximately $5,681,000.

A number of other hedge funds also recently made changes to their positions in the stock. US Bancorp DE bought a new stake in Klarna Group during the 3rd quarter worth approximately $30,000. BIT Capital GmbH bought a new position in shares of Klarna Group in the third quarter worth approximately $37,000. Allworth Financial LP purchased a new stake in shares of Klarna Group in the third quarter worth $37,000. TD Waterhouse Canada Inc. purchased a new position in shares of Klarna Group during the 3rd quarter valued at $43,000. Finally, Compagnie Lombard Odier SCmA bought a new position in Klarna Group in the 3rd quarter worth $42,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company dropped their price objective on Klarna Group from $45.00 to $32.00 and set an "overweight" rating for the company in a research note on Friday, February 20th. Morgan Stanley dropped their price target on Klarna Group from $39.00 to $23.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 18th. JPMorgan Chase & Co. cut their price objective on shares of Klarna Group from $40.00 to $20.00 and set an "overweight" rating for the company in a report on Friday, February 20th. Keefe, Bruyette & Woods dropped their target price on shares of Klarna Group from $45.00 to $26.00 and set an "outperform" rating for the company in a research report on Friday, February 20th. Finally, Bank of America began coverage on shares of Klarna Group in a research note on Thursday, March 5th. They set a "buy" rating and a $21.00 target price for the company. Eleven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Klarna Group has a consensus rating of "Moderate Buy" and an average target price of $38.33.

Klarna Group Trading Up 3.9%

KLAR opened at $13.56 on Wednesday. Klarna Group plc has a 12 month low of $12.50 and a 12 month high of $57.20. The stock has a 50-day moving average of $18.98. The stock has a market capitalization of $5.12 billion and a price-to-earnings ratio of -17.60.

Klarna Group Company Profile

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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