13 Best Beaten Down Stocks to Invest in According to Analysts

5. Klarna Group plc (NYSE:KLAR)

52-Week Range: $27.90 – $47.48

Share price as of December 22: $31.31

Upside Potential: 53.16%

Year to date Loss: -31.67%

Number of Hedge Fund Holders: 50

Klarna Group plc (NYSE:KLAR) is one of the best beaten down stocks to invest in according to analysts. On December 18, Wells Fargo’s Jason Kupferberg reiterated a Buy on Klarna Group plc (NYSE:KLAR) with a $53 target.

Earlier on December 11, the company confirmed a strategic partnership with wallet infrastructure platform Privy. The two are joining forces to explore potential crypto wallet solutions. The partnership comes on the heels of Klarna’s launch of its stablecoin, KlarnaUSD, in collaboration with Tempo and Bridge. Consequently, it is teaming up with Privy to explore ways to develop a wallet that would make it easier for consumers to use stores and transact in cryptocurrencies. The strategic partnership also comes as Klarna increasingly explores various digital asset infrastructure possibilities.

Millions already trust Klarna to help them manage everyday spending, saving, and shopping. That puts us in a unique position to bring crypto into the financial lives of normal people, not just early adopters,” said Sebastian Siemiatkowski, CEO and co-founder of Klarna.

In addition to pursuing opportunities in cryptocurrencies, on December 15, Klarna introduced the Agentic Product Protocol. It is a new open standard designed to make products on the internet discoverable and interpretable by AI agents. The protocol is designed to provide access to a structured feed of more than 100 million products and 400 million prices, standardized across various markets.

The unveiling of the protocol comes as Klarna seeks to capitalize on AI becoming an interface for online commerce. Its protocol should make it easier to find products online and compare prices.

Klarna Group plc (NYSE:KLAR) is a global digital bank and flexible payments provider known for its “Buy Now, Pay Later” (BNPL) services, which allow shoppers to split purchases into interest-free installments or pay later, and integrate with online and in-store retailers. It offers AI-powered payment solutions, shopping apps, and marketing tools for merchants.