Klarna Group (NYSE:KLAR) Shares Gap Up - What's Next?

Key Points

• Klarna shares gapped up before trading on Friday—opening at $15.57 after a $14.62 close and last trading around $16.39 on volume of about 2.46 million shares.
• Analysts have trimmed price targets (e.g., Citigroup to $45, UBS to $20, Morgan Stanley to $23), but consensus remains a Moderate Buy with 11 Buys, 6 Holds and 1 Sell and an average target of $38.33.
• Klarna is a global BNPL payments provider with a market cap near $11.65 billion, a negative P/E (~-20.97), and a 50‑day moving average of $21.58.

Klarna Group plc (NYSE:KLAR - Get Free Report)'s stock price gapped up prior to trading on Friday . The stock had previously closed at $14.62, but opened at $15.57. Klarna Group shares last traded at $16.3880, with a volume of 2,457,687 shares traded.

Analyst Ratings Changes

KLAR has been the topic of a number of recent research reports. Citigroup cut their price target on shares of Klarna Group from $58.00 to $45.00 and set a "buy" rating on the stock in a report on Thursday, November 20th. UBS Group reduced their target price on Klarna Group from $46.00 to $20.00 and set a "buy" rating for the company in a research report on Friday, February 20th. Morgan Stanley lowered their price target on shares of Klarna Group from $39.00 to $23.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 18th. Weiss Ratings reiterated a "sell (e+)" rating on shares of Klarna Group in a research report on Monday, December 29th. Finally, Wolfe Research lowered their target price on shares of Klarna Group from $50.00 to $45.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 19th. Eleven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $38.33.

Klarna Group Price Performance

The stock has a 50 day simple moving average of $21.58. The company has a market cap of $11.65 billion and a PE ratio of -20.97.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of KLAR. Global Retirement Partners LLC increased its holdings in Klarna Group by 800.0% during the 4th quarter. Global Retirement Partners LLC now owns 900 shares of the company's stock valued at $26,000 after purchasing an additional 800 shares in the last quarter. Leonteq Securities AG bought a new stake in shares of Klarna Group during the fourth quarter worth $29,000. US Bancorp DE acquired a new stake in shares of Klarna Group in the third quarter valued at $30,000. BIT Capital GmbH bought a new position in shares of Klarna Group in the third quarter valued at about $37,000. Finally, Allworth Financial LP acquired a new position in Klarna Group during the 3rd quarter worth about $37,000.

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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