Loop Capital Starts Klarna (KLAR) at Hold

Loop Capital initiates coverage on Klarna (NYSE: KLAR) with a Hold rating and a price target of $18.00.

The analyst comments: “We initiate coverage on Klarna (KLAR) with a $18 12-month price target and a Hold rating, despite a nearly 50% YTD decline and a 26% pullback since 2Q26 results. We’re willing to extend Management some grace for the unexpected accounting change, but we are dinging the company for its third negative guidance surprise as a public company, which is an increasingly difficult pattern to dismiss. We continue to see a compelling long-term opportunity in Klarna’s global scale, merchant network and expanding product suite, but Management needs to restore investor credibility before the stock can work. Moreover, shares don’t look especially cheap on ‘27 adjusted operating profit estimates, despite the selloff.”

For an analyst ratings summary and ratings history on Klarna click here. For more ratings news on Klarna click here.

Shares of Klarna closed at $14.41 yesterday.

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