Added to YB: 2026-10-14
Pitch date: 2026-10-12
KLAR [bullish]
Klarna Group plc
-1.89%
current return
Author Info
Bob’s Payment Stock Substack is a former analyst and portfolio manager. Fundamental buy-and-hold investor. Talking stocks and markets. Focus on Payments, Financial Technology, and Payroll and HCM. Sign up for the newsletter.
Company Info
Klarna Group plc operates as a digital bank and flexible payments provider in the United Kingdom, the United States, Germany, Sweden, and internationally.
Market Cap
$5.3B
Pitch Price
$13.77
Price Target
20.00 (+48%)
Dividend
N/A
EV/EBITDA
-498.80
P/E
-37.28
EV/Sales
0.62
Sector
Financial Services
Category
value
Klarna: Buy Now, Pay Later, Profit When?
KLAR (pass): Klarna’s global BNPL scale, dense network and 2.4% on-balance-sheet funding cost create long-term monetization potential, but its 2.85% take rate produces minimal profitability and recent revenue, profit and GMV guidance misses undermine forecast confidence. A scenario assuming 15% annual GMV growth values the shares near $20, roughly 40% upside, yet the inability to judge whether those assumptions are truly conservative supports passing despite the potential payoff.
Read full article (10 min)