Morgan Stanley Cuts Klarna Group (NYSE:KLAR) Price Target to $17.00

Klarna Group (NYSE:KLAR) had its price target trimmed by Morgan Stanley from $21.00 to $17.00 in a research note released on Wednesday morning,Benzinga reports. The firm currently has an equal weight rating on the stock.

A number of other brokerages have also commented on KLAR. Zacks Research lowered Klarna Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. Keefe, Bruyette & Woods raised their price objective on shares of Klarna Group from $22.00 to $26.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Citizens Jmp initiated coverage on shares of Klarna Group in a research report on Tuesday, June 30th. They set a “market perform” rating on the stock. Wall Street Zen upgraded shares of Klarna Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, The Goldman Sachs Group increased their price target on shares of Klarna Group from $21.00 to $25.00 and gave the company a “buy” rating in a report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $30.78.

Klarna Group Stock Performance

Klarna Group stock opened at $14.30 on Wednesday. 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. The business’s 50-day simple moving average is $18.83 and its 200-day simple moving average is $16.58.

Klarna Group (NYSE:KLAR) last announced its earnings results on Tuesday, August 18th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.07. The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $992.56 million. Klarna Group had a negative return on equity of 5.39% and a negative net margin of 3.54%.The business’s revenue was up 26.6% on a year-over-year basis. Research analysts forecast that Klarna Group will post 0.01 earnings per share for the current year.

Institutional Trading of Klarna Group

A number of institutional investors and hedge funds have recently modified their holdings of KLAR. Alyeska Investment Group L.P. acquired a new position in shares of Klarna Group in the second quarter valued at $11,848,000. Wedbush Securities Inc. acquired a new stake in Klarna Group during the second quarter worth $258,000. Hsbc Holdings PLC bought a new stake in Klarna Group in the 2nd quarter valued at $242,000. Public Employees Retirement System of Ohio bought a new stake in Klarna Group in the 2nd quarter valued at $368,000. Finally, BlackRock Inc. raised its stake in shares of Klarna Group by 89.6% in the 2nd quarter. BlackRock Inc. now owns 5,698,353 shares of the company’s stock valued at $115,335,000 after buying an additional 2,693,374 shares in the last quarter.

Key Klarna Group News

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

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.