The Goldman Sachs Group Raises Klarna Group (NYSE:KLAR) Price Target to $25.00

Klarna Group (NYSE:KLAR) had its price objective increased by investment analysts at The Goldman Sachs Group from $21.00 to $25.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. The Goldman Sachs Group’s target price would suggest a potential upside of 27.51% from the stock’s current price.

Several other equities research analysts have also recently weighed in on the stock. BMO Capital Markets boosted their price target on shares of Klarna Group from $17.00 to $19.00 and gave the stock a “market perform” rating in a research report on Tuesday, June 23rd. TD Cowen lifted their price objective on shares of Klarna Group from $17.00 to $19.00 and gave the stock a “hold” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Klarna Group from $18.00 to $27.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. UBS Group increased their price target on shares of Klarna Group from $20.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Morgan Stanley lifted their price target on Klarna Group from $16.00 to $18.00 and gave the stock an “equal weight” rating in a research report on Monday, May 18th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $32.11.

Klarna Group Price Performance

NYSE KLAR opened at $19.61 on Thursday. Klarna Group has a 1-year low of $12.06 and a 1-year high of $57.20. The business has a 50 day simple moving average of $17.24 and a two-hundred day simple moving average of $18.72. The stock has a market capitalization of $7.40 billion and a PE ratio of -37.71.

Klarna Group (NYSE:KLAR) last issued its quarterly earnings data on Wednesday, May 20th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate 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% compared to the same quarter last year. On average, analysts anticipate that Klarna Group will post 0.04 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. US Bancorp DE purchased a new stake in shares of Klarna Group in the third quarter valued at $30,000. Global Retirement Partners LLC lifted its holdings in shares of Klarna Group by 800.0% in the 4th quarter. Global Retirement Partners LLC now owns 900 shares of the company’s stock worth $26,000 after acquiring an additional 800 shares during the last quarter. Allworth Financial LP purchased a new position in shares of Klarna Group during the 3rd quarter worth about $37,000. Leonteq Securities AG bought a new position in Klarna Group during the 4th quarter valued at about $29,000. Finally, CWM LLC grew its holdings in Klarna Group by 172.9% during the 4th quarter. CWM LLC now owns 1,498 shares of the company’s stock valued at $43,000 after purchasing an additional 949 shares during the last quarter.

Trending Headlines about Klarna Group

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

• Positive Sentiment: Goldman Sachs raised its price target on Klarna and reiterated a buy rating, signaling confidence that the stock still has room to run. The Goldman Sachs Group Issues Positive Forecast for Klarna Group (NYSE:KLAR) Stock Price
• Positive Sentiment: J.P. Morgan initiated coverage with a buy rating and also lifted its price target, adding to the momentum from major Wall Street firms. Klarna Group Plc (KLAR) Receives a Buy from J.P. Morgan
• Positive Sentiment: UBS kept a buy rating on Klarna, reinforcing the broader bullish analyst sentiment on the name. UBS Keeps Their Buy Rating on Klarna Group (KLAR)
• Positive Sentiment: Klarna announced a €900 million financing facility in Germany to support €5 billion of expansion in its consumer financing business, showing continued product demand and geographic growth. Klarna Adds Germany to Its Capital Efficiency Platform With €900m Facility Supporting €5bn of German Financing Expansion
• Neutral Sentiment: Additional coverage and valuation commentary from firms like Barclays and Zacks added attention to the stock, though these items mainly reinforce the existing analyst debate rather than introducing a major new catalyst. Klarna Group (NYSE:KLAR) Now Covered by Analysts at Barclays
• Neutral Sentiment: Separate commentary suggesting Klarna could be undervalued highlights upside potential, but it is more of a valuation view than a concrete business development. Klarna Group (KLAR) Could Be 56% Undervalued As Travel Deals And Bank Plan Expand Reach

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.