Klarna Group Plc  (NYSE:KLAR) on Thursday reported first-quarter sales that topped Wall Street estimates.



Revenue rose 44% year over year to $1 billion, ahead of the analyst consensus estimate of $945.1 million. Gross merchandise value climbed 33% to $33.7 billion, supported by 39% growth in the U.S. and 31% growth outside the U.S.



“Klarna addresses the entire consumer wallet: Pay Now for everyday spending and saving, Pay Later our charge card equivalent at 0% interest for mid-size ticket spending, and POS installments (Fair Financing) for big-ticket purchases. In Q1 we executed well across all the business, driving every line of our P&amp;L and compounding growth across our global network. Growing network. Same three products. Deeper consumer engagement,” said Sebastian Siemiatkowski, CEO and co-founder of Klarna.



Klarna reaffirmed its full-year 2026 outlook, projecting GMV above $155 billion while continuing to focus on transaction margin dollar growth and payment monetization expansion.



For the second quarter, the company forecast revenue between $960 million and $1 billion, below the analyst consensus estimate of $1.065 billion.



Klarna Group shares fell 8.4% to trade at $15.08 on Friday.



These analysts made changes to their price targets on Klarna Group following earnings announcement.



<ul>
<li>BMO Capital analyst Andrew Bauch maintained Klarna with a Market Perform and raised the price target from $16 to $17.</li>



<li>Wells Fargo analyst Jason Kupferberg maintained the stock with an Overweight rating and lowered the price target from $32 to $26.</li>



<li>Keefe, Bruyette &amp; Woods analyst Sanjay Sakhrani maintained Klarna with an Outperform rating and raised the price target from $22 to $26.</li>
</ul>



Considering buying KLAR stock? Here’s what analysts think:



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Klarna Group Plc (NYSE:KLAR) reported Q1 sales of $1B, exceeding estimates, with a 44% year-over-year increase. The company reaffirmed its 2026 outlook of GMV above $155B. Analysts revised their price targets post-earnings, with BMO raising it to $17, Wells Fargo lowering it to $26, and Keefe, Bruyette & Woods raising it to $26. Klarna shares fell 8.4% to $15.08.

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WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

These Analysts Revise Their Forecasts On Klarna Group Following Q1 Results