Added to YB: 2026-03-23
Pitch date: 2026-03-19
KLAR [bullish]
Klarna Group plc
Author Info
No bio for this author
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
$5.1B
Pitch Price
N/A
Price Target
51.32
Dividend
N/A
EV/EBITDA
3.06
P/E
-16.91
EV/Sales
0.43
Sector
Financial Services
Category
growth
Klarna: 5x Opportunity or a Subprime Lender?
KLAR: Leading BNPL w/ 188M users expanding into digital banking. 2025 rev $3.5B (+25% YoY), banking users 15.8M (+101% YoY) worth 3.6x reg users at $107/yr vs $30. Q4 miss on margin ($372M vs $390-400M guide) due to upfront loan loss provisions from 165% Fair Financing growth; mgmt says turns profitable as interest collected in 2026+. Analysts expect $6.45B rev by 2028 (21.8% CAGR), $523M net income. Trading 1.6x sales vs Affirm 5.5x. Model: $51 price target by 2030 (20x P/E, 22% op margin), 383% upside, $24 FV today (45% discount). Chairman bought $50M shares. Risks: profitability lag, sector pressure, lock-up expiry selling.
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