Klarna Earnings: Rapid Growth in Longer-Term Financing Spikes Provisions; Shares Attractive
We think Klarna stock is moderately undervalued.
Niklas Kammer, CFA is a senior equity analyst for Morningstar.* He covers European financials. His coverage includes Nordic and UK banks, payment services providers, other financial technology and exchange groups.
Before joining Morningstar in 2016, Kammer interned on the equity research team at Rabobank Netherlands and in the corporate finance department at Kempen & Co. At Morningstar, he worked as an associate equity analyst covering the oil and gas sector before moving into his current role as an equity analyst covering financials.
Kammer holds a bachelor’s degree in economics and business from the University of Amsterdam and a master’s degree in finance and investments from the Rotterdam School of Management. He also holds the Chartered Financial Analyst® designation.
*Morningstar Holland BV (“Morningstar”) is a wholly owned subsidiary of Morningstar, Inc.
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