Research
Loop Capital Initiates Klarna Group at Hold With $18 Price Target
Klarna Group (KLAR) has an average rating of overweight and mean price target of $18.35, according to analysts polled by FactSet.
$KLAR
$KLAR
52 stories mentioning KLARUpdated 4d ago
Every FINWIRES story that references KLAR, newest first.
What are analysts saying about KLAR?
Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.
What's the latest news on KLAR?
Research
President Capital Management Downgrades Klarna Group to Neutral From Buy, Adjusts PT to $16.30 From $23
Klarna Group (KLAR) has an average rating of overweight and mean price target of $18.37, according to analysts polled by FactSet.
$KLAR
Research
Scotiabank Initiates Klarna Group at Sector Perform With $16 Price Target
Klarna Group (KLAR) has an average rating of overweight and mean price target of $18.37, according to analysts polled by FactSet.
$KLAR
Sectors
Sector Update: Financial Stocks Advance Friday
Financial stocks rose Friday as the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each gained 0.4%.The Philadelphia Housing Index climbed 0.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) fell 0.5%.Bitcoin (BTC-USD) fell 3.3% to $77,629, and the yield for 10-year US Treasuries rose 4.8 basis points to 4.72%.In economic news, Federal Reserve Chair Kevin Warsh said the central bank's primary focus should be on prices, given that the US is doing well on the employment front. Delivering his debut Jackson Hole speech as Fed chief, Warsh said inflation numbers were concerning. "The comparable measures from the consumer price index are also elevated, as are the core measures of both PCE and CPI inflation," Warsh said. "None of these measures are perfect, but they all tell a similar story: Inflation is running above our 2% target. So the Fed's predominant focus right now should be on prices."Separately, US consumer sentiment dropped in August amid concerns that inflation will continue to be high for the "foreseeable future," final results of a University of Michigan survey showed. The main sentiment index fell 6.3% to 51.7 from July. The gauge for current economic conditions dropped to 51.9 from 54.8, while the index of consumer expectations slid 7% to 51.5.In corporate news, Klarna (KLAR) shares rose 1.2% after a $9.95 million share purchase by CEO Sebastian Siemiatkowski.PayPal (PYPL) shares fell 13% after Bloomberg reported that Advent and Stripe abandoned their $50 billion takeover bid.Affirm (AFRM) shares rose 0.4%, paring earlier gains a day after the company reported a surge in fiscal Q4 earnings and sales and issued an upbeat fiscal Q1 sales outlook.UBS (UBS) raised 2 billion yuan ($297.5 million) via its debut panda bond in China's onshore market, highlighting growing demand among international issuers for lower borrowing costs, Bloomberg reported. UBS shares rose 1%.
$AFRM$KLAR$PYPL$UBS
Sectors
Sector Update: Financial
Financial stocks advanced in late Friday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each adding about 0.5%.The Philadelphia Housing Index was up 0.7%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was decreasing 0.3%.Bitcoin (BTC-USD) was falling 3.3% to $77,629, and the yield for 10-year US Treasuries was rising 4.8 basis points to 4.72%.In corporate news, Klarna (KLAR) shares rose 1.9% in Friday trading after a $9.95 million share purchase by CEO Sebastian Siemiatkowski. Through an associated entity, Siemiatkowski bought 692,506 shares on Wednesday, the company said Friday in a statement.
$KLAR
Wire
Klarna Shares Rise After CEO's $9.95 Million Stock Purchase
Klarna Group (KLAR) stock rose 2.2% in Friday trading after a $9.95 million share purchase by CEO Sebastian Siemiatkowski.Through an associated entity, Siemiatkowski bought 692,506 shares on Wednesday, the company said Friday in a statement.Price: $14.32, Change: $+0.31, Percent Change: +2.19%
$KLAR
Insider Trading
Klarna Group Insider Bought Shares Worth $9,949,164, According to a Recent SEC Filing
Sebastian Siemiatkowski, Director, Chief Executive Officer, on August 26, 2026, executed a purchase for 692,506 shares in Klarna Group (KLAR) for $9,949,164. Following the Form 4 filing with the SEC, Siemiatkowski has control over a total of 25,344,322 ordinary shares of the company, with 25,344,322 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/2003292/000209710726000004/xslF345X05/primary_doc.xml
$KLAR
Research
Wolfe Downgrades Klarna to Peer Perform From Outperform
Klarna Group (KLAR) has an average rating of overweight and mean price target of $18.50, according to analysts polled by FactSet.
$KLAR
Wire
Klarna Group's H2 GMV Outlook Cut, Executive Departures Weigh on Shares, UBS Says
Klarna Group (KLAR) received a downgrade from UBS Securities due to the magnitude of its H2 gross merchandise volume guidance reduction and uncertainty related to the planned departures of two of its C-level executives, according to a Friday note from the brokerage.Klarna lowered its fiscal 2026 gross merchandise volume guidance primarily due to softening trends in Germany, according to the note.The company operates in an "attractive global end market" and has a number of unique strengths, such as new distribution deals, growing card programs, and an early-stage US Fair Financing business, UBS said.However, Klarna lowered its H2 gross merchandise volume guidance by about $3.4 billion, excluding foreign exchange effects, at the top end of the range, which would represent roughly $6 billion annualized, the analysts noted. They said this implies a significant reduction in international growth expectations, particularly in Germany.The investment firm also noted that there's uncertainty around the company amid planned transitions for its chief financial officer and chief marketing officer.UBS downgraded the company's stock rating to neutral from buy and cut its price target to $16 from $23.Price: $14.30, Change: $-0.04, Percent Change: -0.24%
$KLAR
Research
UBS Downgrades Klarna Group to Neutral From Buy, Adjusts Price Target to $16 From $23
Klarna Group (KLAR) has an average rating of overweight and mean price target of $20.58, according to analysts polled by FactSet.
$KLAR
Sectors
Sector Update: Financial Stocks Decline Late Afternoon
Financial stocks were lower in late Wednesday afternoon trading, with the NYSE Financial Index decreasing 0.7% and the State Street Financial Select Sector SPDR ETF (XLF) down 0.6%.The Philadelphia Housing Index was climbing 2.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.6%.Bitcoin (BTC-USD) was increasing 5.5% to $68,185, and the yield for 10-year US Treasuries fell 5.3 basis points to 4.653%.In economic news, minutes of the July 28-29 meeting of the Federal Open Market Committee showed that most participants supported maintaining the federal funds rate at 3.50% to 3.75%.The US Treasury Department said it was raising the cap on its buyback operations for longer-dated nominal coupon securities to at least $4 billion per operation from $2 billion, effective Sept. 9.US mortgage applications fell by 0.4% in the week ended Aug. 14, with an increase in refinancing activity offset by a decline in home purchase applications, according to Mortgage Bankers Association data released Wednesday.In corporate news, Klarna (KLAR) shares fell 2.1% after JPMorgan downgraded the stock to neutral from overweight and cut its price target to $18 per share from $22.Jefferies Financial's (JEF) indirect unit Jefferies Credit Partners is looking to raise about 1 billion euros ($1.17 billion) from investors who trade private credit in the secondary market, Bloomberg reported. Jefferies Financial shares were down 0.7%.BlackRock's (BLK) private credit division HPS Investment Partners and Oaktree Capital are among the creditors that seized control of production equipment supplier MBS Group last week, after the latter defaulted on its debt, the Financial Times reported. BlackRock shares were up 0.4%.Progressive (PGR) shares added 4.8% after it reported that net premiums earned in July were $7.36 billion, up from $6.99 billion a year earlier.
$BLK$JEF$KLAR$PGR
Wire
Top Midday Decliners
WhiteFiber (WYFI) said Wednesday it has priced an upsized $270 million of 5.00% convertible senior notes due 2032.Shares were down about 25%, with intraday trading volume of over 12 million, versus a daily average of about 2.3 million.Klarna (KLAR) shares were down about 3% after JPMorgan downgraded the stock to neutral from overweight and cut its price target to $18 from $22.More than 12.2 million shares were traded intra-day, against a daily average of about 5.1 million.K Wave Media (KWM) said Wednesday it has struck a deal to sell 526,314 shares at $1.90 per share in a registered direct offering. The stock closed at $2.64 in the previous day.Shares fell 35%, with over 788,000 shares traded, compared with a daily average of about 283,000.Price: $20.13, Change: $-6.94, Percent Change: -25.64%
$KLAR$KWM$WYFI
Wire
Klarna Shares Fall After JPMorgan Downgrade
Klarna (KLAR) shares fell 2.5% on Wednesday after JPMorgan downgraded the stock to neutral from overweight and cut its price target to $18 per share from $22.Trading volume stood at over 11.8 million shares, compared with a daily average of nearly 5.1 million.Price: $14.69, Change: $-0.38, Percent Change: -2.49%
$KLAR
Research
JPMorgan Downgrades Klarna to Neutral From Overweight, Adjusts Price Target to $18 From $22
Klarna Group (KLAR) has an average rating of overweight and mean price target of $20.58, according to analysts polled by FactSet.
$KLAR
Sectors
Sector Update: Financial Stocks Mixed Tuesday
Financial stocks were mixed Tuesday with the NYSE Financial Index little changed, erasing earlier gains, and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.5%.The Philadelphia Housing Index fell 1.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) dropped 0.5%.Bitcoin (BTC-USD) rose 0.4% to $64,713, and the yield for 10-year US Treasuries fell 1.8 basis points to 4.706%.In economic news, US housing starts fell more than expected in July amid declines in both single and multifamily units, while building permits jumped to a five-month high, government data showed.US pending home sales dropped 2.3% in July from June, data from the National Association of Realtors showed, while the consensus was for sales to be flat in a survey compiled by Bloomberg.In sector news, Amazon.com-backed (AMZN) Anthropic's revolving credit facility is close to surpassing its $10 billion target as the AI company prepares for its initial public offering, Bloomberg reported.In corporate news, Klarna (KLAR) shares tumbled 23% after the company cut its 2026 revenue outlook and announced the departures of the chief financial officer and the chief marketing officer, effective early 2027.KKR (KKR) offered to buy natural gas and electricity distributor UGI (UGI) for $42.50 a share, or $9 billion, the Wall Street Journal reported. KKR shares fell 1.5%.Goldman Sachs (GS) agreed to buy commercial real estate investor LCN Capital Partners for up to $410 million, Bloomberg reported, Goldman shares dropped 1.1%.Blackstone-backed (BX) QTS Realty Trust units began a high-grade bond sale to help fund the construction of a data center tied to Microsoft (MSFT), Bloomberg reported. Blackstone shares were little changed.
$BX$GS$KKR$KLAR
Sectors
Sector Update: Financial
Financial stocks were mixed in late Tuesday afternoon trading, with the NYSE Financial Index fractionally lower and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.6%.The Philadelphia Housing Index was falling 1.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) eased 0.1%.Bitcoin (BTC-USD) was increasing 0.4% to $64,713, and the yield for 10-year US Treasuries was declining 1.8 basis points to 4.706%.In corporate news, Klarna (KLAR) shares fell 22% after it cut its 2026 revenue outlook. The company also said Tuesday it has planned transitions for its chief financial officer and chief marketing officer, effective early 2027. CFO Niclas Neglen and Chief Marketing Officer David Sandstrom will remain in their roles through the transition, the company said, adding that a search for a New York-based CFO is already underway.
$KLAR
Wire
Top Midday Decliners
Klarna Group (KLAR) shares slumped 22% after the company cut its 2026 revenue outlook in Q2 results released Tuesday.The company also said it has planned transitions for its chief financial officer and chief marketing officer, effective early 2027.More than 26.6 million shares of the company traded intraday compared with a daily average of about 4.6 million.B. Riley lowered its price target on Fabrinet (FN) to $598 from $635 while keeping the neutral rating following the company's results.Shares sank 21%, with intraday trading volume rising to over 2.0 million from the stock's daily average of roughly 949,000.Kulicke & Soffa Industries (KLIC) has appointed Raj Talluri as president and chief executive officer, starting Sept. 1, the company said late Monday. Talluri joins Kulicke & Soffa from Enovix (ENVX), where he most recently served as president and CEO.Shares of Kulicke declined 10%, with intraday trading volume at over 482,000, versus a daily average of about 1.08 million.Price: $91.02, Change: $-10.75, Percent Change: -10.56%
$ENVX$FN$KLAR$KLIC
Wire
Top Midday Stories: Home Depot Q2 EPS, Revenue Top Estimates; Klarna Cuts Guidance, Plans CFO, CMO Transitions
All three major US stock indexes were down in late-morning trading Tuesday, as the yield on the US 30-year Treasury topped 5.33%, a 19-year high, on long-term inflation and debt concerns.In company news, Home Depot (HD) reported fiscal Q2 adjusted earnings Tuesday of $4.92 per diluted share, up from $4.68 a year earlier and above the FactSet consensus analyst estimate of $4.73. Fiscal Q2 net sales were $47.86 billion, up from $45.28 billion a year ago and above the FactSet consensus of $47.24 billion. Separately, the company said it has launched nationwide express delivery to provide product fulfillment in three hours or less for a flat fee. The service does not require a subscription or membership and uses more than 2,000 store locations in the US as fulfillment hubs to deliver construction materials and tools directly to homes or job sites, the company said. Home Depot shares were up 0.8% around midday.Klarna Group (KLAR) reported Q2 EPS of $0.01, swinging from a loss of $0.14 a year earlier and above the FactSet consensus of a loss of $0.06. Second-quarter revenue was $1.04 billion, up from $823 million a year ago and above the FactSet consensus of $996.5 million. For Q3, the company expects revenue of $940 million to $980 million, below the FactSet consensus of $1.11 billion. For full-year 2026, Klarna expects revenue of $4.08 billion to $4.16 billion, down from its prior outlook of greater than $4.34 billion and below the FactSet consensus of $4.42 billion. In addition, Klarna said it has planned transitions for its chief financial officer and chief marketing officer, effective early 2027. CFO Niclas Neglen and CMO David Sandstrom will remain in their roles through the transition, the company said, adding that a search for a New York-based CFO is underway. Klarna shares were down 21.7%.Walt Disney (DIS) and its ABC unit sued the US Federal Communications Commission on Tuesday to block an early review of broadcast licenses for eight ABC stations, according to multiple media reports, which cited a lawsuit filed in a Washington, D.C. federal court. Disney shares were up 1%.Amylyx Pharmaceuticals' (AMLX) investigational post-bariatric hypoglycemia treatment Avexitide met its primary endpoint in a phase 3 clinical trial, the drugmaker said Tuesday. The drug showed a 55% reduction in the composite rate of level 2 and 3 hypoglycemic events compared to a placebo and also met all secondary endpoints in the 78-patient trial, the company said. Amylyx shares were up 48%.KKR (KKR) has offered to buy natural-gas and electricity distributor UGI (UGI) for $42.50 a share, or roughly $9 billion, The Wall Street Journal reported Tuesday, citing people familiar with the matter. KKR shares were down 1.2%, while UGI shares were up 12.5%.Baidu (BIDU) reported Q2 non-GAAP earnings Tuesday of 7.22 Chinese renminbi ($1.06) per diluted American depositary share, down from 13.58 renminbi a year earlier and below the FactSet consensus of $9.35 renminbi. Second-quarter revenue was 31.33 billion renminbi, down from 32.71 billion renminbi a year ago and below the FactSet consensus of 31.78 billion renminbi. Baidu shares were down more than 12%.Price: $15.28, Change: $-4.23, Percent Change: -21.66%
$AMLX$BIDU$DIS$HD$KKR$KLAR$UGI
Sectors
Sector Update: Financial Stocks Advance Premarket Tuesday
Financial stocks were advancing premarket Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) up 0.3%.The Direxion Daily Financial Bull 3X Shares (FAS) was 1% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.8%.Klarna Group (KLAR) shares were down more than 19% after the company cut its 2026 revenue outlook.UBS Group (UBS) is working with Ardian as the private equity firm is weighing a potential sale of Swissbit, a provider of industrial data storage and security products, Bloomberg reported, citing people familiar with the matter. Shares of UBS Group were down 0.3% pre-bell.Banco Santander (SAN) and Centerbridge Partners received European Commission approval to acquire joint control of UK-based Ebury Partners, the Commission said. Banco Santander was 0.1% higher premarket.
$FAS$FAZ$KLAR$SAN$UBS$XLF
Commodities
Exchange-Traded Funds Lower, Equity Futures Mixed Pre-Bell Tuesday Amid Rising Oil Prices
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.4%, and the actively traded Invesco QQQ Trust (QQQ) was 1.2% lower in Tuesday's premarket activity as fading hopes for a US-Iran peace agreement pushed oil prices higher.US stock futures were mixed, with S&P 500 Index futures down 0.5%, Dow Jones Industrial Average futures advancing 0.03%, and Nasdaq futures slipping 1.2% before the start of regular trading.July housing starts fell by 12.4% from the previous month to a 1.239 million annual rate, compared with expectations compiled by Bloomberg as of 7:45 am ET for a 1.345 million rate after an increase to 1.415 million in June.The New York Federal Reserve's services index fell to 0.5 in August from 8.7 in July, compared with the expectations of a smaller decrease to a reading of 4.6 in a survey compiled by Bloomberg.Industrial production data for July will be released at 9:15 am ET, followed by the pending home sales data for July at 10 am ET.In premarket action, bitcoin was down by 0.04%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.1% lower, Ether ETF (EETH) retreated 0.4%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was flat.Power Play:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.3%, the Vanguard Health Care Index Fund (VHT) was down 0.4%, while the iShares US Healthcare ETF (IYH) was 2% higher. The iShares Biotechnology ETF (IBB) was 0.2% lowerAmylyx Pharmaceuticals' (AMLX) stock was up more than 30% premarket after the company said its investigational post-bariatric hypoglycemia treatment Avexitide met its primary endpoint in a phase 3 clinical trial.Winners and Losers:FinancialThe State Street Financial Select Sector SPDR ETF (XLF) was up 0.3%. Direxion Daily Financial Bull 3X Shares (FAS) was up 0.8%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.8% lower.Klarna Group (KLAR) shares were down more than 17% after the company said it has planned transitions for its chief financial officer and chief marketing officer, effective early 2027.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.8%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) gained 1.2%, and the iShares US Consumer Staples ETF (IYK) was inactive. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.1%. The VanEck Retail ETF (RTH) was 0.3% lower, while the State Street SPDR S&P Retail ETF (XRT) was 0.1% higher.Baidu (BIDU) shares were down more than 7% pre-bell after the company reported lower Q2 non-GAAP earnings and revenue.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) retreated 0.2%, the Vanguard Industrials Index Fund (VIS) was down 0.1%, and the iShares US Industrials ETF (IYJ) was inactive.Stantec (STN) stock was up 1% after the company said it received approval from the Toronto Stock Exchange to increase the number of shares it may repurchase for cancellation under its normal course issuer bid to 5.7 million shares, up from 2.3 million.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 1.8%, the iShares US Technology ETF (IYW) was 1.1% lower, and the iShares Expanded Tech Sector ETF (IGM) was down 1.6%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) declined 3.4%, while the iShares Semiconductor ETF (SOXX) fell 3.6%.NVIDIA (NVDA) shares were down 1% in premarket activity after the company said it partnered with SB Energy to secure land, power, and shell capacity at the PORTS-Pike Technology Campus in Ohio, where OpenAI will be the tenant.EnergyThe iShares US Energy ETF (IYE) was up 0.3%, while the State Street Energy Select Sector SPDR ETF (XLE) was 0.9% higher.Phillips 66 (PSX) stock was 1% higher after Argus lifted its price target to $269 from $197.CommoditiesFront-month US West Texas Intermediate crude oil gained by 0.9% to reach $85.27 per barrel on the New York Mercantile Exchange. Natural gas was up 0.9% at $2.71 per 1 million British Thermal Units. The United States Oil Fund (USO) increased 0.5%, while the United States Natural Gas Fund (UNG) was 0.02% lower.Gold futures for November were down by 0.6% at $4,448.00 an ounce on the Comex. Silver futures retreated 1.7% to $65.11 an ounce. SPDR Gold Shares (GLD) declined by 0.6%, and the iShares Silver Trust (SLV) was 1.1% lower.
Dow JonesNasdaq CompositeS&P 500$AMLX$BETH$BIDU$BITO$EEM$EETH$EXI$FAS$FAZ$GLD$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$KLAR$NVDA$PMR$PSX$QQQ$RTH$SLV$SOXX$SPY$STN$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Showing 1-20 of 52
