Walmart Inc. Buys Shares of 2,400,000 Klarna Group plc $KLAR

Key Points

• Walmart bought 2,400,000 shares of Klarna in Q3 (about $87.96 million), making Klarna roughly 9.7% of Walmart’s holdings and the retailer’s second-largest position; Walmart owned about 0.33% of Klarna at the reporting period end.
• Analysts have a consensus rating of “Moderate Buy” with a $46.60 average target price (11 Buys, 8 Holds, 1 Sell), though several firms recently trimmed targets in the $39–$48 range.
• Klarna shares opened at $31.44 (12‑month range $27.90–$57.20), the company has a market cap of $22.57 billion and a negative P/E of about -48.36.

Walmart Inc. purchased a new position in Klarna Group plc (NYSE:KLAR - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,400,000 shares of the company's stock, valued at approximately $87,960,000. Klarna Group makes up approximately 9.7% of Walmart Inc.'s holdings, making the stock its 2nd largest holding. Walmart Inc. owned approximately 0.33% of Klarna Group at the end of the most recent reporting period.

Separately, SG Americas Securities LLC purchased a new stake in Klarna Group during the third quarter valued at about $868,000.

Wall Street Analysts Forecast Growth

KLAR has been the topic of several recent research reports. Sanford C. Bernstein began 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. Bank of America reduced their price target on shares of Klarna Group from $51.00 to $46.00 and set a "buy" rating on the stock in a research report on Tuesday, November 18th. UBS Group cut their price objective on shares of Klarna Group from $48.00 to $46.00 and set a "buy" rating for the company in a research note on Thursday, November 20th. Morgan Stanley reduced their target price on shares of Klarna Group from $43.00 to $39.00 and set an "equal weight" rating on the stock in a report on Wednesday, November 19th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Klarna Group in a research note on Monday, October 6th. They issued a "buy" rating and a $48.00 price target for the company. Eleven investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $46.60.

Klarna Group Stock Performance

Shares of Klarna Group stock opened at $31.44 on Monday. The stock has a fifty day moving average price of $31.64. Klarna Group plc has a 12-month low of $27.90 and a 12-month high of $57.20. The company has a market cap of $22.57 billion and a price-to-earnings ratio of -48.36.

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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