Sweden's Klarna Q2 revenue beats estimates; lowers FY outlook
KLAR•Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the software peer group is "buy".
Wall Street's median 12-month price target for Klarna Group PLC is $23.50, about 20.5% above its August 17 closing price of $19.51.
The stock recently traded at 38 times the next 12-month earnings versus a P/E of 85 three months ago.
Full-year outlook lowered for GMV and revenue
Klarna now sees 2026 gross merchandise volume at $149 billion–$151 billion, down from prior guidance above $155 billion, citing FX and measured German volumes.
The company expects 2026 revenue of $4.08 billion–$4.16 billion, below previous guidance above $4.34 billion.
Klarna raised its 2026 transaction margin dollar guidance to $1.62 billion–$1.65 billion from above .
