{
  "id": 2805011,
  "title": "UBS downgrades Klarna stock rating on guidance cut, executive departures",
  "url": "https://urgent.news/2026/08/23/ubs-downgrades-klarna-stock-rating-on-guidance-cut-executive",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-23T14:22:57.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/ubs-downgrades-klarna-stock-rating-on-guidance-cut-executive-departures-93CH-4872462"
  },
  "original_language": "en",
  "account": "UBS lowered Klarna's stock rating to Neutral from Buy and reduced its price target to $16.00 from $23.00. This decision came after Klarna's second-quarter 2026 results and a shorter-than-anticipated guidance for gross merchandise volume in the second half of 2026. The stock has experienced a sharp decline, falling 31% in a single week and 50% year-to-date, trading at $14.33, just above its 52-week low of $12.06. UBS attributes the significant impact of this guidance cut, estimating around $6 billion in annualized effects, to a major decline in international growth expectations, particularly in Germany. The firm also noted that Klarna's chief financial officer and chief marketing officer, long-standing executives, are leaving the company in upcoming quarters. Despite these challenges, UBS identified company-specific positives such as new distribution partnerships with Apple, expanding card programs, and a burgeoning U.S. Fair Financing business. Klarna's stock currently trades below its Fair Value, and is listed on the platform's undervalued stocks watchlist.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}