Klarna Group (NYSE:KLAR) Price Target Lowered to $45.00 at Citigroup

Klarna Group (NYSE:KLAR) had its price target decreased by equities research analysts at Citigroup from $58.00 to $45.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Citigroup’s target price would indicate a potential upside of 59.15% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the stock. Needham & Company LLC assumed coverage on shares of Klarna Group in a research note on Tuesday, September 16th. They issued a “hold” rating 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. Wells Fargo & Company began coverage on shares of Klarna Group in a report on Wednesday, October 22nd. They set an “overweight” rating and a $45.00 price objective for the company. Wall Street Zen upgraded shares of Klarna Group from a “sell” rating to a “hold” rating in a research note on Sunday, October 26th. Finally, Rothschild & Co Redburn assumed coverage on Klarna Group in a research report on Monday, October 6th. They set a “neutral” rating and a $46.00 price target on the stock. Eleven research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $47.20.

Klarna Group Trading Down 7.1%

Shares of KLAR stock traded down $2.16 during trading hours on Thursday, hitting $28.28. The company had a trading volume of 4,063,824 shares, compared to its average volume of 3,419,148. Klarna Group has a 12 month low of $27.91 and a 12 month high of $57.20. The stock’s fifty day moving average is $38.90.

Klarna Group (NYSE:KLAR) last posted its earnings results on Tuesday, November 18th. The company reported ($0.25) EPS for the quarter, topping the consensus estimate of ($0.33) by $0.08. The company had revenue of $903.00 million for the quarter, compared to the consensus estimate of $887.94 million. Klarna Group has set its Q4 2025 guidance at EPS.

Institutional Trading of Klarna Group

Hedge funds have recently modified their holdings of the stock. US Bancorp DE acquired a new stake in shares of Klarna Group in the third quarter valued at approximately $30,000. BIT Capital GmbH acquired a new position in Klarna Group during the 3rd quarter worth $37,000. TD Waterhouse Canada Inc. bought a new position in Klarna Group in the 3rd quarter valued at $43,000. Compagnie Lombard Odier SCmA acquired a new stake in shares of Klarna Group in the 3rd quarter valued at $42,000. Finally, Jones Financial Companies Lllp bought a new stake in shares of Klarna Group during the third quarter worth $46,000.

Klarna Group Company Profile

Our mission is to reimagine how consumers spend and save in their daily lives. We help people save time, money and put them in control of their finances. Our vision is a world where Klarna empowers everyone, everywhere, through seamless commerce experiences-as a personalized, trusted assistant making financial empowerment effortless.