Consensus analyst expectations for Klarna's Q4 2025 report include revenue of $1.07 billion and an EPS loss of $0.03, with the stock currently trading at $20.52 against a $43.29 average price target.
Investors are primarily focused on Gross Merchandise Volume (GMV), which is guided between $37.5 billion and $38.5 billion for the peak holiday quarter. This period marks a critical milestone as Klarna targets its first billion-dollar revenue quarter following its successful late-2025 public debut. Growth remains supported by triple-digit surges in holiday spending across entertainment and experiences, alongside significant AI-led reductions in operating expenses, though analysts remain cautious regarding rising credit loss provisions.