Added to YB: 2026-06-11
Pitch date: 2026-05-30
KLAR [bullish]
Klarna Group plc
-4.25%
current return
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
$7.7B
Pitch Price
$18.36
Price Target
N/A
Dividend
N/A
EV/EBITDA
-60.61
P/E
-37.53
EV/Sales
1.19
Sector
Financial Services
Category
growth
$KLAR I came in expecting a short-term pop on a mediocre BNPL business, and got it.
KLAR: BNPL disruptor, $7B mkt cap @$18, 1.6x CY sales vs Affirm 5.6x, 11x 2027 EPS. Growth accelerating (+44% Q1) on ARPU intensification w/ 30%+ incremental margins. ROIC 33%→52% by 2029. 0.6% loss rate, $13B cheap deposits, 15x Affirm's 0% short-tenor GMV. Margin parity by 2H26 as FF backbook matures, card scales, interchange routing improves. Mispriced on credit-loss fears; founder-led neobank optionality. Sentiment: bullish.
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