Keefe, Bruyette & Woods Cuts Klarna Group (NYSE:KLAR) Price Target to $21.00

Klarna Group (NYSE:KLAR) had its target price reduced by Keefe, Bruyette & Woods from $26.00 to $21.00 in a report released on Friday morning,Benzinga reports. They currently have an outperform rating on the stock.

KLAR has been the subject of several other research reports. Wells Fargo & Company reduced their price target on shares of Klarna Group from $26.00 to $21.00 and set an “overweight” rating for the company in a research report on Wednesday, August 19th. Freedom Capital raised Klarna Group to a “strong-buy” rating in a report on Wednesday, June 24th. UBS Group raised their price target on Klarna Group from $20.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Bank of America lifted their price target on Klarna Group from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Finally, Barclays reduced their price objective on Klarna Group from $20.00 to $16.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $30.78.

Klarna Group Price Performance

KLAR opened at $14.30 on Friday. The company’s 50 day moving average price is $18.83 and its two-hundred day moving average price is $16.54. Klarna Group has a fifty-two week low of $12.06 and a fifty-two week high of $57.20. The firm has a market capitalization of $5.40 billion and a price-to-earnings ratio of -38.65.

Klarna Group (NYSE:KLAR) last released its quarterly earnings data on Tuesday, August 18th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.07. Klarna Group had a negative net margin of 3.54% and a negative return on equity of 5.39%. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $992.56 million. The business’s revenue for the quarter was up 26.6% compared to the same quarter last year. As a group, equities research analysts predict that Klarna Group will post -0.01 EPS for the current year.

Institutional Trading of Klarna Group

Institutional investors have recently made changes to their positions in the stock. Global Retirement Partners LLC increased its stake in shares of Klarna Group by 800.0% in 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 period. Leonteq Securities AG bought a new stake in Klarna Group in the 4th quarter worth $29,000. US Bancorp DE bought a new stake in Klarna Group in the 3rd quarter worth $30,000. CWM LLC increased its position in shares of Klarna Group by 172.9% in the fourth quarter. CWM LLC now owns 1,498 shares of the company’s stock valued at $43,000 after acquiring an additional 949 shares during the period. Finally, TD Waterhouse Canada Inc. raised its stake in shares of Klarna Group by 44.3% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,659 shares of the company’s stock valued at $48,000 after acquiring an additional 509 shares during the last quarter.

Key Stories Impacting Klarna Group

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

• Positive Sentiment: Keefe, Bruyette & Woods maintained an “outperform” rating while lowering its price target from $26 to $21, implying considerable potential upside. Benzinga analyst note
• Positive Sentiment: Citi initiated or reiterated a Buy view on Klarna, providing some support despite the broader analyst estimate reductions. Klarna receives a Buy from Citi
• Positive Sentiment: Klarna said higher margins and stronger U.S. growth are helping offset weaker gross merchandise volume, particularly softer spending in Germany. The company raised its 2026 transaction-margin-dollar outlook, a potentially constructive sign for profitability. Klarna Q2 earnings call analysis

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.