Klarna Group plc Class Action Deadline Set for February 20, 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: PRnewswire
- Class Action Initiation: Klarna Group plc faces a class action lawsuit related to its September 10, 2025 IPO, with investors needing to apply by February 20, 2026, highlighting significant investor concerns regarding the company's financial transparency.
- Poor IPO Performance: Klarna issued approximately 34 million shares at $40 each during its IPO, but the stock has since fallen to $31.31, reflecting market worries about its financial health and potentially impacting future fundraising efforts.
- Financial Risk Exposure: The lawsuit alleges that Klarna's IPO documents failed to adequately disclose the risks associated with its loan loss reserves, leading to substantial losses for investors in a short timeframe, indicating deficiencies in the company's risk management practices.
- Legal Representation: Robbins Geller Rudman & Dowd LLP, representing the plaintiffs, has secured over $2.5 billion in securities-related class action recoveries, demonstrating its strong capability in protecting investor rights and interests.
Analyst Views on KLAR
Wall Street analysts forecast KLAR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KLAR is 44.36 USD with a low forecast of 36.00 USD and a high forecast of 55.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
9 Buy
2 Hold
0 Sell
Strong Buy
Current: 28.790
Low
36.00
Averages
44.36
High
55.00
Current: 28.790
Low
36.00
Averages
44.36
High
55.00
About KLAR
Klarna Group Plc is a United Kingdom-based technology company focused on developing commerce networks. The Company is an artificial intelligence (AI)-powered global payments network and shopping assistant. It provides consumers and merchants with a range of solutions, including payment, advertising and digital retail banking, through several channels. Its online payments solution is designed to bridge uncertainty in the transactions between consumers and merchants by providing short-term credit to consumers interest-free. Its range of payment options allows consumers to purchase what they choose, both online and offline. Its payment solutions include Pay in Full, Pay Later and Fair Financing. Its Pay in Full instantly settles purchases at the time of the transaction. Its Pay Later enables consumers to purchase goods or services at the time of the transaction and pay the full amount at a later date. Its Fair Financing allows consumers to pay for their purchase over a longer duration.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
