Klarna Slashes Its Outlook and Shakes Up Its Leadership. The Stock Is Sinking
Klarna Slashes Its Outlook and Shakes Up Its Leadership. The Stock Is Sinking
Aaron RennieTue, August 18, 2026 at 5:04 PM UTC
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With Tuesday’s slide, Klarna shares have lost nearly half of their value since the year began.Credit: Samuel Boivin / NurPhoto via Getty ImagesKey Takeaways -
Klarna cut its full-year forecasts for revenue, gross merchandise volume, and adjusted operating income.
The buy-now-pay-later firm also announced its CFO and CMO will leave their roles early next year.
Klarna’s stock could be on track to lose a fifth of its value in a single session.
Shares of Klarna Group (KLAR) were down 21% in recent trading, after the Swedish fintech firm trimmed its full-year forecasts and announced changes in its leadership.
The buy-now-pay-later firm said it now sees full-year revenue of $4.08 billion to $4.16 billion, down from its prior forecast of $4.34 billion. It lowered its Gross Merchandise Volume (GMV) forecast to between $149 billion to $151 billion, from $155 billion. Its adjusted operating income (AOI) is seen coming in at $280 million to $300 million, with the midpoint below the previous $299 million.
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The company’s weaker-than-expected guidance overshadowed quarterly results that topped analysts’ expectations. Klarna’s second-quarter earnings per share, revenue, and GMV results all came in ahead of Visible Alpha consensus estimates.
Klarna also announced “planned transitions” for CFO Niclas Neglén and CMO David Sandström. The firm said the moves will take effect early next year.
With Tuesday’s slide, Klarna shares have lost nearly half of their value since the year began.
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Source: “AOL Money”
