Agentic commerce and international expansion is the new focus for Affirm, which laid out a bold roadmap to $100 billion in annual volume at the company's 2026 Investor Forum. Affirm CEO Max Levchin joins Ed Ludlow and Caroline Hyde to break it down on "Bloomberg Tech.
AFRM teams with Google to bring BNPL into AI shopping, aiming to simplify checkout with transparent installment payments.
Americans are still swiping, tapping, and clicking through record consumption. Total personal consumption expenditures hit $21.86 trillion in March 2026, up from $20.68 trillion a year earlier, and financial services spending climbed to $1,82 trillion.
As buy now, pay later (BNPL) firms compete to move beyond checkout financing, Affirm used its investor forum Tuesday (May 12) to argue that growth and share of spend across consumer payments will be cemented through data, underwriting and network scale rather than promotional lending alone.
Affirm NASDAQ: AFRM used its 2026 Investor Forum at Nasdaq in New York to outline a broader growth strategy centered on its payments network, expanding consumer products, international markets and a new medium-term financial framework tied to reaching $100 billion in annual gross merchandise volume.
Affirm's pay-over-time options will be integrated into the Gemini app and Google Search, including AI Mode, through Google Pay in the coming weeks. The companies are working together on the integration and will make the payment options available to people and artificial intelligence agents, according to a Tuesday (May 12) press release.
During Q1 2026, Polen 5Perspectives Small-Mid Growth Composite Portfolio returned -3.4% gross and -3.6% net of fees, respectively. The top contributors were Sandisk Corp., Bloom Energy, and TechnipFMC. The most significant detractors were SoFi Technologies, Figure Technology Solutions, and Affirm Holdings.
Affirm stock price has remained in a tight range in the past few weeks, and its recent earnings provided no boost. It was trading at $65.45 on Tuesday, inside the narrow range where it has remained at since April 17 this year.
Affirm (NASDAQ:AFRM) has been awarded a higher price target from Bank of America analysts following what the firm described as a strong fiscal third quarter performance that exceeded expectations despite ongoing macroeconomic uncertainty. Bank of America reiterated its “Buy” rating on the buy now, pay later company and raised its price objective to US$88 from US$82.
Recently, Zacks.com users have been paying close attention to Affirm Holdings (AFRM). This makes it worthwhile to examine what the stock has in store.
Affirm executes a highly successful growth flywheel across user acquisition, merchant adoption, and cross-selling trends, despite the uncertain macroeconomic/geopolitical environment. Thanks to the growing demand for 0% APR offerings and the Affirm Card, the fintech already reports an expanding customer base and higher engagement trends. These translate to AFRM's outsized FQ3'26 performance and the thrice-raised FY2026 guidance, aided by the richer margins and the resilient credit metrics.
AFRM beats Q3 estimates as GMV jumps 35% and transactions climb 45%, prompting higher fiscal 2026 guidance.