Klarna Group (NYSE:KLAR) Upgraded by Wall Street Zen to "Hold" Rating

Key Points

• Wall Street Zen upgraded Klarna Group (KLAR) from a "sell" to a "hold" rating in a research note issued Saturday.
• Major banks including UBS and JPMorgan sharply cut price targets to $20, yet the analyst consensus remains a “Moderate Buy” with an average target of $38.33, showing divergent views on the stock's outlook.
• Shares trade around $13.70 (52‑week range $12.50–$57.20) with a market cap near $9.8B and a negative P/E, reflecting volatility and current unprofitable status.

Klarna Group (NYSE:KLAR - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued to investors on Saturday.

KLAR has been the topic of several other reports. UBS Group decreased their price target on shares of Klarna Group from $46.00 to $20.00 and set a "buy" rating on the stock in a research note on Friday, February 20th. 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. Wolfe Research decreased 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. Bank of America started coverage on Klarna Group in a research report on Thursday. They issued a "buy" rating and a $21.00 price target for the company. Finally, Wells Fargo & Company cut their price target on Klarna Group from $45.00 to $32.00 and set an "overweight" rating for the company in a report on Friday, February 20th. Eleven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $38.33.

Klarna Group Stock Performance

Shares of KLAR opened at $13.70 on Friday. Klarna Group has a 52-week low of $12.50 and a 52-week high of $57.20. The firm has a market cap of $9.83 billion and a PE ratio of -17.79. The business's fifty day simple moving average is $22.69.

Hedge Funds Weigh In On Klarna Group

Several institutional investors and hedge funds have recently bought and sold shares of KLAR. Walmart Inc. acquired a new stake in shares of Klarna Group during the 3rd quarter worth approximately $87,960,000. WCM Investment Management LLC purchased a new position in Klarna Group in the third quarter worth approximately $16,040,000. Robeco Institutional Asset Management B.V. purchased a new position in Klarna Group in the third quarter worth approximately $2,199,000. Dragoneer Investment Group LLC acquired a new stake in Klarna Group during the third quarter worth $303,595,000. Finally, ARK Investment Management LLC purchased a new stake in Klarna Group in the third quarter valued at $16,922,000.

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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