Klarna Group plc (KLAR)
NYSE NYSE Primary 
Klarna: A High-Risk Growth Play In The Fintech Sector
Klarna Group offers strong growth prospects but remains a high-risk, high-reward speculative investment in fintech. KLAR's business model is evolving from BNPL to a broader digital banking platform, aiming for diversified, higher-margin revenue streams. Despite rapid revenue and merchant growth, KLAR struggles with profitability, reporting a $273M net loss in 2025 and uncertain near-term monetization.
Klarna: Paying Attention Here
Klarna has seen its share price collapse 70% post-IPO, despite robust topline growth and expanding GMV. Klarna's operating losses persist, driven by sharply rising credit loss provisions, though non-credit expenses are well controlled. Valuation has compressed to ~1x sales as revenue guidance for 2026 implies at least $4.3 billion, but balance sheet risk remains material.
Klarna: Buy The Dip In Oversold Territory As Fair Financing Takes Off
Klarna has plunged to nearly 10% of its 2021 valuation, now trading at deeply oversold levels. Despite a perceived weak 2026 outlook, KLAR's minimum guidance supports a compelling valuation at just 11.3x EV/FY26 adjusted operating profits. Klarna guides to $155B+ GMV and $4.34B revenue in 2026, with adjusted operating margin above 6.9%.
Klarna Group plc (KLAR) Q4 2025 Earnings Call Transcript
Klarna Group plc (KLAR) Q4 2025 Earnings Call Transcript
What went wrong at Klarna?
Deutsche Bank analyst Nate Svensson had a 'buy' rating on Klarna Group PLC (Unlisted (US):KLAR) heading into Thursday's results, with a target price of $40. The stock closed at $13.85 after falling 27% on the day.
Klarna Converts Checkout Traffic Into $13 Billion in Deposits
Klarna's fourth-quarter results offer a snapshot into the appeal of paying over time. They also provide a window into the mechanics of a rapidly scaling financial network, where checkout activity, cards and deposits increasingly reinforce one another.
Klarna (KLAR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Klarna (KLAR) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Klarna shares drop sharply on fourth quarter earnings miss
Klarna Group PLC (Unlisted (US):KLAR) saw its shares drop almost 25% following the release of its fourth-quarter results after the company reported a wider-than-expected net loss, despite recording its first $1 billion quarter. For Q4, the Stockholm-based buy-now, pay-later provider reported a net loss of $26 million, or $0.19 per share, compared with Wall Street expectations of a $0.02 loss.
Klarna Set to Report Q4 Earnings: Key Factors Investors Should Watch
KLAR readies Q4 results with 18.5% revenue growth expected and GMV near $38B as consumer receivables are likely to have increased.
Klarna Proves Itself A BNPL/Neobank Disruptor - Initiate Buy With Caveats
Klarna Group plc is initiated as a Buy, thanks to the high-growth prospects from the well-diversified BNPL/neobank capabilities across numerous countries, as observed in the robust FQ4'25 guidance. This is on top of the potential reversal to adjusted EPS profitability in FY2026, with the improved operating leverage likely to support the stock's future capital appreciation prospects. For now, KLAR's accounting lag from fair financing is likely to continue for a little longer, attributed to the low merchant adoption at 18% and the management's target at 100%.
Americans “ripped off” by credit cards, says Klarna CEO
Klarna CEO Sebastian Siemiatkowski says Americans are being ripped off by high credit card rates and that rate caps have been effective in Europe. Siemiatkowski discusses President Trump's call for a one-year 10% cap on credit card interest rates Click Here
Americans 'Ripped Off' By Credit Cards, Says Klarna CEO
Klarna CEO Sebastian Siemiatkowski says Americans are being ripped off by high credit card rates and that rate caps have been effective in Europe. Siemiatkowski discusses President Trump's call for a one-year 10% cap on credit card interest rates with Caroline Hyde and Ed Ludlow on "Bloomberg Tech.
