AFRM - Affirm Holdings, Inc.
Installment-lending stocks are running well ahead of the broad market at midday Wednesday as Treasury yields retreat and a fresh price-target raise on the group's largest name pulls peers along with it.
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Today's fintech selling is precisely targeted at the two names in the group that carry consumer credit on their own balance sheets, and the ordering inside the trio proves it.
Bernstein SocGen raised its price target on Affirm Holdings (AFRM) to $110 from $100, keeping an Outperform rating and pointing to network effects across mercha
AFRM's Q4 earnings beat is driven by 36% GMV growth, rising transactions and card adoption, while credit losses and expenses increase.
Shares of Affirm Holdings (NASDAQ:AFRM | AFRM Price Prediction) are unwinding a sharp post-earnings rally to open the week, handing back much of the gain built on Thursday's fiscal fourth-quarter report.
The head of buy now, pay later provider Affirm says gas prices are weighing on consumers. “The U.S. consumer undoubtedly sees the higher gas prices, so can't, can't ignore that,” Max Levchin said in an interview with CNBC's “Squawk Box” Friday (Aug. 28).
Offline retail through Affirm Card, new verticals across professional services/elective medical, and international expansion underscore AFRM's multi-pronged growth strategy. These have fed into the expanding merchant base, growing funding capacity, strong Affirm Card adoption, and higher transaction frequencies. AFRM's conservative FY2027 guidance may be revised upwards, as observed in the thrice raised FY2026 guidance and robust GMV growth.
Affirm (NASDAQ: AFRM) said its fiscal fourth quarter was its most profitable ever, excluding the release of a tax valuation allowance, as the buy now, pay later company pointed to continued momentum in its core business and outlined product, merchant and international expansion priorities. Founder and Chief Executive Officer Max Levchin also announced leadership changes intended
The lending company is experiencing significant top-line growth.
Affirm Holdings Inc (NASDAQ:AFRM) stock remains in focus after the company delivered stronger-than-expected fourth-quarter results and issued an above-consensus fiscal 2027 outlook, prompting Needham to raise its price forecast.
AFRM???s record profitability, card momentum and merchant expansion frame fiscal 2027 as it balances growth with tight credit discipline.
Buy now, pay later company Affirm reported strong fiscal fourth-quarter earnings and a better-than-expected outlook. CEO Max Levchin told CNBC that high gas prices are weighing on U.S. consumers.
AFRM's Australia comeback through Shopify's Shop Pay Installments opens a growth channel as GMV, revenues and its user base continue to rise.
Diane King Hall turns to the key earnings movers to close out an overall strong earnings week on Wall Street. She explains why Affirm (AFRM) investors see the fintech firm's report as a big step up for forward momentum.
Affirm Holdings AFRM shares rose about 11% in trading on Friday after the buy-now, pay-later company reported stronger-than-expected fourth-quarter results and delivered its most profitable quarter on record. The company reported adjusted earnings per share of $4.62, compared with analysts' expectations of $3.77.
The buy now, pay later relief trade broadened Friday morning after Bloomberg reported that Stripe and Advent International walked away from a takeover of PayPal Holdings valued at more than $50 billion.
Is a “breakout on tap” for shares of Affirm?
Klarna Group plc (NYSE:KLAR) shares are trading higher in sympathy with Affirm Holdings Inc. (NASDAQ:AFRM) after the buy-now-pay-later peer reported fourth-quarter results Thursday after the market closed.
Stock futures are all over the place, with the Dow pointed higher and the Nasdaq lower ahead of Fed Chair Warsh's speech