UBS Group Issues Positive Forecast for Klarna Group (NYSE:KLAR) Stock Price

Klarna Group (NYSE:KLARGet Free Report) had its price objective hoisted by analysts at UBS Group from $20.00 to $23.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s target price suggests a potential upside of 21.47% from the company’s current price.

KLAR has been the topic of a number of other reports. Keefe, Bruyette & Woods boosted their price objective on shares of Klarna Group from $22.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. The Goldman Sachs Group increased their price objective on Klarna Group from $19.00 to $21.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Deutsche Bank Aktiengesellschaft raised their price target on Klarna Group from $18.00 to $27.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Bank of America raised their price target on shares of Klarna Group from $21.00 to $23.00 and gave the company a “buy” rating in a report on Monday, May 18th. Finally, Weiss Ratings lowered Klarna Group from a “sell (d)” rating to a “sell (e+)” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $31.89.

Get Our Latest Stock Analysis on KLAR

Klarna Group Price Performance

NYSE KLAR traded down $0.48 on Wednesday, hitting $18.93. 2,377,065 shares of the stock were exchanged, compared to its average volume of 5,828,778. The company’s 50-day moving average price is $16.89 and its two-hundred day moving average price is $18.87. Klarna Group has a 52-week low of $12.06 and a 52-week high of $57.20. The company has a market capitalization of $7.15 billion and a price-to-earnings ratio of -36.35.

Klarna Group (NYSE:KLARGet Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.12. Klarna Group had a negative return on equity of 7.62% and a negative net margin of 5.21%.The company’s revenue was up 42.7% on a year-over-year basis. Equities analysts predict that Klarna Group will post 0.04 EPS for the current fiscal year.

Institutional Trading of Klarna Group

Several hedge funds have recently added to or reduced their stakes in KLAR. Global Retirement Partners LLC increased its position in Klarna Group by 800.0% during the fourth quarter. Global Retirement Partners LLC now owns 900 shares of the company’s stock worth $26,000 after buying an additional 800 shares during the last quarter. Leonteq Securities AG acquired a new stake in shares of Klarna Group during the 4th quarter valued at $29,000. US Bancorp DE acquired a new position in shares of Klarna Group during the third quarter worth $30,000. Allworth Financial LP bought a new position in Klarna Group during the 3rd quarter worth approximately $37,000. Finally, CWM LLC increased its holdings in Klarna Group by 172.9% in the fourth quarter. CWM LLC now owns 1,498 shares of the company’s stock worth $43,000 after purchasing an additional 949 shares in the last quarter.

Key Klarna Group News

Here are the key news stories impacting Klarna Group this week:

  • Positive Sentiment: JPMorgan raised its price target on Klarna Group (KLAR) to $22 from $20 and reiterated an overweight rating, signaling confidence in further upside from current levels. Benzinga
  • Positive Sentiment: Barclays initiated coverage with an equal weight rating and a $20 target, adding to analyst attention and reinforcing expectations for modest upside. Benzinga
  • Positive Sentiment: Klarna expanded its partnership with Flix, rolling out flexible payment options across 21 markets in the U.S. and Europe, which could support transaction volume growth. Business Wire
  • Positive Sentiment: Klarna also announced a long-term partnership with Southwest Airlines, extending its buy-now-pay-later reach to millions of travelers and strengthening its consumer checkout ecosystem. Business Wire
  • Positive Sentiment: Coverage noting Klarna as a “Moderate Buy” and broader pieces about its push to disrupt the U.S. market may be adding to positive sentiment around the stock. American Banking News
  • Neutral Sentiment: TD Cowen raised its target to $19 from $17 but kept a hold rating, suggesting limited near-term conviction despite some valuation support. Tickerreport.com
  • Neutral Sentiment: Klarna’s application for an industrial loan company charter is strategically important, but it also introduces regulatory scrutiny and execution risk. Banking Dive
  • Neutral Sentiment: Mentions in sector roundups on mobile payments highlight Klarna’s role in cashless commerce, but these are more thematic than company-specific catalysts. Zacks

About Klarna Group

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Klarna Group (NYSE:KLAR)

Receive News & Ratings for Klarna Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Klarna Group and related companies with MarketBeat.com's FREE daily email newsletter.