Klarna shares slide as Q4 loss and softer 2026 outlook weigh on sentiment

Klarna Group plc (KLAR) is down 26.9% today. Here is some analysis on what might have caused this price movement.

Analysis: The selloff appears tied to the company’s latest quarterly results and forward outlook, which highlighted a swing to losses and more cautious near-term guidance. Investors also seem focused on rising credit costs (including higher loan-loss provisioning) as Klarna expands longer-duration lending products.

Details:

Klarna’s latest update showed revenue topping $1 billion for the quarter, but profitability metrics disappointed alongside a reported quarterly loss.

The company’s outlook for early 2026 (including revenue and gross merchandise volume ranges) came in below what many analysts had modeled, which can pressure valuation after an IPO-year rally fades.

Credit-related costs increased, with higher provisioning for expected losses weighing on results as the firm grows longer-term consumer financing products.

The magnitude of the one-day decline also suggests a “reset” in expectations after investors digested both the quarterly print and management’s tone on growth and margins.

Sources:

Financial Times, Barron’s, Yahoo Finance

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$KLAR Hedge Fund Activity

We have seen 116 institutional investors add shares of $KLAR stock to their portfolio, and 68 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 4,513,671 shares (-74.1%) from their portfolio in Q4 2025, for an estimated $130,490,228
GOLDMAN SACHS GROUP INC added 2,685,069 shares (+316.0%) to their portfolio in Q4 2025, for an estimated $77,625,344
WALMART INC. added 2,400,000 shares (+inf%) to their portfolio in Q4 2025, for an estimated $69,384,000
CITADEL ADVISORS LLC removed 2,021,303 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $58,435,869
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 1,854,893 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $53,624,956
NORGES BANK added 1,777,365 shares (+inf%) to their portfolio in Q4 2025, for an estimated $51,383,622
BALYASNY ASSET MANAGEMENT L.P. added 1,650,660 shares (+322.5%) to their portfolio in Q4 2025, for an estimated $47,720,580

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$KLAR Analyst Ratings

Wall Street analysts have issued reports on $KLAR in the last several months. We have seen 10 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Citigroup issued a "Buy" rating on 11/20/2025
UBS issued a "Buy" rating on 11/20/2025
Wolfe Research issued a "Outperform" rating on 11/19/2025
JP Morgan issued a "Overweight" rating on 11/19/2025
B of A Securities issued a "Buy" rating on 11/18/2025
Wells Fargo issued a "Overweight" rating on 10/22/2025
Wedbush issued a "Outperform" rating on 10/06/2025

To track analyst ratings and price targets for $KLAR, check out Quiver Quantitative's $KLAR forecast page.

$KLAR Price Targets

Multiple analysts have issued price targets for $KLAR recently. We have seen 15 analysts offer price targets for $KLAR in the last 6 months, with a median target of $46.0.

Here are some recent targets:

James Faucette from Morgan Stanley set a target price of $23.0 on 02/18/2026
Sanjay Sakhrani from Keefe, Bruyette & Woods set a target price of $45.0 on 01/02/2026
Bryan Keane from Citigroup set a target price of $45.0 on 11/20/2025
Timothy Chiodo from UBS set a target price of $46.0 on 11/20/2025
Tien-Tsin Huang from JP Morgan set a target price of $45.0 on 11/19/2025
Paul Obrecht from Wolfe Research set a target price of $45.0 on 11/19/2025
Mihir Bhatia from B of A Securities set a target price of $46.0 on 11/18/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.