Klarna Group (NYSE:KLAR) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Klarna Group (NYSE:KLAR) had its target price raised by Deutsche Bank Aktiengesellschaft from $18.00 to $27.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 36.21% from the company’s current price.

KLAR has been the subject of a number of other research reports. Freedom Capital raised shares of Klarna Group to a “strong-buy” rating in a research note on Wednesday, June 24th. Morgan Stanley boosted their price target on shares of Klarna Group from $16.00 to $18.00 and gave the company an “equal weight” rating in a research note on Monday, May 18th. BMO Capital Markets raised their target price on Klarna Group from $17.00 to $19.00 and gave the company a “market perform” rating in a report on Tuesday, June 23rd. Wall Street Zen upgraded shares of Klarna Group from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Keefe, Bruyette & Woods upped their price objective on Klarna Group from $22.00 to $26.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $32.12.

Klarna Group Trading Down 3.0%

KLAR traded down $0.62 on Thursday, reaching $19.82. The stock had a trading volume of 1,340,827 shares, compared to its average volume of 5,856,847. The firm has a 50-day moving average of $16.46 and a 200-day moving average of $19.17. Klarna Group has a fifty-two week low of $12.06 and a fifty-two week high of $57.20. The company has a market capitalization of $7.48 billion and a price-to-earnings ratio of -38.24.

Klarna Group (NYSE:KLAR) last posted its earnings results on Wednesday, May 20th. The company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.12. Klarna Group had a negative net margin of 5.21% and a negative return on equity of 7.62%. The company’s quarterly revenue was up 42.7% compared to the same quarter last year. Sell-side analysts anticipate that Klarna Group will post 0.04 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Compagnie Lombard Odier SCmA raised its holdings in shares of Klarna Group by 43.5% in the 4th quarter. Compagnie Lombard Odier SCmA now owns 1,650 shares of the company’s stock valued at $48,000 after acquiring an additional 500 shares in the last quarter. TD Waterhouse Canada Inc. boosted 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 purchasing an additional 509 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in Klarna Group by 19.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,053 shares of the company’s stock worth $117,000 after acquiring an additional 665 shares during the last quarter. 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 during the period. Finally, US Bancorp DE bought a new position in shares of Klarna Group during the third quarter valued at approximately $30,000.

Klarna Group News Roundup

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

• Positive Sentiment: Klarna won a $1.97 billion antitrust judgment against Google, a potentially significant financial windfall that could improve its liquidity and support future expansion. BusinessWire article
• Neutral Sentiment: Analysts initiated coverage with a neutral or market-perform view, suggesting the stock still faces questions about valuation and execution despite the legal win. Zacks article
• Neutral Sentiment: Citizens JMP also assigned Klarna a market-perform rating, reinforcing that some Wall Street firms remain cautious on the stock’s near-term upside. Seeking Alpha article

Klarna Group Company Profile

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.