BMO Capital Markets Cuts Klarna Group (NYSE:KLAR) Price Target to $15.00

Klarna Group (NYSE:KLAR) had its price objective reduced by BMO Capital Markets from $19.00 to $15.00 in a research note published on Wednesday,Benzinga reports. They currently have a market perform rating on the stock.

Several other research firms have also recently weighed in on KLAR. The Goldman Sachs Group upped their price objective on Klarna Group from $21.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Bank of America raised their target price on shares of Klarna Group from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Morgan Stanley boosted their target price on shares of Klarna Group from $18.00 to $21.00 and gave the stock an “equal weight” rating in a report on Friday, August 14th. Barclays cut their price target on shares of Klarna Group from $20.00 to $16.00 and set an “equal weight” rating for the company in a research note on Wednesday. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Klarna Group in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Klarna Group has an average rating of “Hold” and a consensus price target of $30.78.

Klarna Group Stock Performance

Shares of KLAR opened at $14.30 on Wednesday. The stock has a 50 day simple moving average of $18.83 and a 200 day simple moving average of $16.58. Klarna Group has a 52-week low of $12.06 and a 52-week high of $57.20. The firm has a market capitalization of $5.40 billion and a PE ratio of -38.65.

Klarna Group (NYSE:KLAR) last announced its earnings results on Tuesday, August 18th. The company reported $0.01 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $992.56 million. Klarna Group’s revenue for the quarter was up 26.6% compared to the same quarter last year. Equities research analysts predict that Klarna Group will post 0.01 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC increased its position in shares of Klarna Group by 173.9% in the first quarter. Renaissance Technologies LLC now owns 2,043,100 shares of the company’s stock worth $26,744,000 after purchasing an additional 1,297,200 shares during the period. Renaissance Capital LLC raised its position in shares of Klarna Group by 532.5% in the 2nd quarter. Renaissance Capital LLC now owns 103,656 shares of the company’s stock valued at $2,098,000 after buying an additional 87,267 shares in the last quarter. Baader Bank Aktiengesellschaft acquired a new stake in shares of Klarna Group during the 1st quarter worth approximately $1,964,000. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Klarna Group by 47.5% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,198,554 shares of the company’s stock worth $15,689,000 after acquiring an additional 385,811 shares in the last quarter. Finally, UBS Group AG increased its stake in Klarna Group by 32.9% in the fourth quarter. UBS Group AG now owns 1,376,248 shares of the company’s stock valued at $39,787,000 after acquiring an additional 340,562 shares during the last quarter.

Trending Headlines about 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.