Affirm Holdings Inc. (AFRM), a leading US-based buy now, pay later (BNPL) provider, has officially launched its services in the UK. This marks the company’s first international expansion, placing it directly in competition with existing UK BNPL giants like Klarna and PayPal. CEO Max Levchin explained the strategic decision, highlighting the strong demand from British merchants and the English-speaking environment.
Morgan Stanley has upgraded Affirm Holdings Inc. (AFRM) to Equal-Weight from Underweight, citing the company’s strategic shift to attract higher-income users. The investment firm believes Affirm’s partnership with Apple Pay, along with efforts to boost sales with manufacturers and merchants, will drive growth and improve its standing among affluent consumers.
Affirm Holdings Inc. (AFRM), a leading buy-now-pay-later (BNPL) fintech company, is poised to benefit from the Federal Reserve’s interest rate cuts. Lower borrowing costs will reduce Affirm’s cost of capital, improve profit margins, and enable more competitive interest rates for consumers. This, combined with the company’s strong growth and strategic partnerships, sets the stage for a potential breakout in Affirm’s stock price.
Affirm Holdings, Inc. (AFRM) is capitalizing on the rising popularity of 0% APR financing options, attracting consumers seeking budget-friendly solutions. The company’s survey reveals that 48% of Americans are influenced by the availability of 0% APR, highlighting a significant opportunity for Affirm’s flexible payment solutions. With a growing merchant network and a focus on innovation, Affirm is aiming for profitability and a leading position in the payments space.
US stocks closed higher on Thursday, led by a surge in Build-A-Bear Workshop shares after the company reported impressive second-quarter earnings. Other notable gainers included Affirm Holdings, Eos Energy Enterprises, and Nutanix, all reporting strong financial results.
Affirm Holdings, Inc. (AFRM) shares surged on Thursday after the company reported impressive fourth-quarter financial results, exceeding analysts’ expectations and providing optimistic first-quarter guidance. The company’s revenue grew nearly 50% year-over-year, and its GMV increased by more than 30%. Several analysts raised their price targets for Affirm stock following the strong performance, indicating a positive outlook for the company.
Affirm Holdings, Inc. (AFRM) shares surged in pre-market trading after reporting strong fourth-quarter earnings and issuing upbeat guidance. Other stocks also saw significant price movements, including gains for BioCardia, Autozi Internet Technology, and Theriva Biologics, while Big Lots, SciSparc, and Pure Storage experienced declines.
Major U.S. stock indices closed lower on Wednesday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq all experiencing declines. Nvidia, Affirm, CrowdStrike, Iris Energy, and Tesla saw significant price drops despite strong earnings or revenue reports. This article highlights the key factors behind these stock movements.
Affirm Holdings Inc. (AFRM) is set to release its fourth-quarter earnings report on Wednesday, providing valuable insights into consumer financial health and the growth of the buy now, pay later (BNPL) sector. Analysts anticipate strong revenue and earnings, but potential concerns exist regarding fiscal 2025 guidance. Key items to watch include Affirm’s partnerships with major retailers, gross merchandise volume, and average ticket size, as investors seek to understand the impact of inflation and consumer spending patterns on BNPL adoption.
Affirm Holdings Inc. (AFRM) shares are trading higher on Tuesday, fueled by overall market strength following softer-than-expected PPI figures. The company also announced an expanded partnership with Tekmetric, offering customers the ability to pay over time for auto repair services.
