Affirm Holdings (AFRM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
The credit card industry is under attack. Buy Now, Pay Later is proving popular among young spenders, led by companies like Affirm (AFRM 0.35%), who recently wowed Wall Street with stellar earnings for its most recent quarter (ending December 31, 2024).
Does Affirm Holdings (AFRM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here is how Affirm Holdings (AFRM) and Byrna Technologies Inc. (BYRN) have performed compared to their sector so far this year.
Here, we present financial technology stocks that have strong revenue and earnings growth potential for 2025. These are V, PYPL, AXP, AFRM and FIS.
Affirm is partnering with fintech company FIS to bring its debit card to more banks. Affirm launched its own debit card in 2021, and is now extending its offering to third-party issuers for the first time.
Affirm reported strong Q2 results, with 47% YoY revenue growth and a GAAP EPS of $0.23, significantly above expectations, demonstrating profitability and market leadership. Despite a premium valuation, Affirm's exceptional execution, market-leading growth, and profitability support a bullish outlook, though valuation concerns temper enthusiasm slightly. Key risks include intense competition, potential credit quality downturns, and the high premium valuation.
AFRM anticipates GMV in the range of $34.74-$35.34 billion in fiscal 2025.
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 Holdings (NASDAQ: AFRM), a financial technology company that offers services, such as buy now, pay later, and point-of-sale payment solutions, surpassed market expectations in its second quarter of fiscal 2025 (fiscal ends in June), reporting revenue of $866 million and earnings of $0.23 per share. These results significantly outperformed the street forecasts, which had projected revenue of $807 million and a loss of $0.15 per share.
Affirm Holdings (AFRM) saw impressive growth after exceeding Wall Street's fiscal second quarter revenue estimates and posting a surprise profit, driven by strong demand in categories like travel and electronics. The company reported adjusted earnings per share (EPS) of $0.23, surpassing analysts predictions of a $0.10 loss.