Affirm sees booming buy-now-pay-later growth, but stock dips after earnings
The company is seeing more of its business shift toward interest-bearing products.
Affirm beats on top and bottom lines
Affirm, the provider of buy now, pay later loans reported better-than-expected fiscal first-quarter results. Growth in GMV, which is a key industry metric that helps gauge the total value of transactions over the reporting window, accelerated, increasing by 35% from a year earlier.
2 Financial Technology Stocks to Buy Ahead of Earnings This Week
We have narrowed our search to two large-cap financial technology stocks set to report earnings results this week. These are: AFRM, LYFT.
What Wall Street Analysts Think of Affirm's Stock Ahead of Earnings
Affirm Holdings (AFRM) is set to report its fiscal first-quarter earnings after the market closes on Thursday, with analysts expecting the buy now, pay later (BNPL) firm to aggressively pursue new users as interest rates decline.
Analyzing Affirm's Pre-Q1 Earnings: Time to Buy The Stock?
AFRM's Q1 performance is likely to have been driven by higher card network revenues and growing GMV, partly offset by elevated expenses.
Affirm: Look Beyond Next Earnings Release
Affirm benefits from Apple Pay's BNPL exit and lower interest rates, boosting short-term growth prospects. Valued at around $47 per share, Affirm shows near-term potential but lacks a margin of safety for a long-term hold. Recommendation: Hold for a short-term increase, but consider selling due to rising competition and funding challenges.
Are You Looking for a Top Momentum Pick? Why Affirm Holdings (AFRM) is a Great Choice
Does Affirm Holdings (AFRM) have what it takes to be a top stock pick for momentum investors? Let's find out.
U.S. Tech Billionaire Ventures Into U.K.'s Buy Now, Pay Later Market
Max Levchin's fintech giant Affirm has launched its services in the U.K., marking the company's first expansion outside of the U.S. and Canada.
These 2 Business Services Stocks Could Beat Earnings: Why They Should Be on Your Radar
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Klarna rival Affirm to set up shop in the UK
A US rival to Klarna in the buy now, pay later market has set up in the UK to fill a gap it says for longer-term credit. Affirm, founded in 2012 by Max Levchin a co-founder of PayPal, believes many of the current providers are doing it wrong.
Affirm enters UK market, bringing competition to buy now, pay later landscape
Affirm, the American “buy now, pay later” (BNPL) firm, launched its services in the United Kingdom on Monday, marking the company's first foray outside North America. Founded in 2012, Affirm is well-regarded in the fintech space for providing flexible payment plans and has quickly gained traction with consumers seeking alternatives to traditional credit.
Affirm Begins Rollout of Pay-Over-Time Options in UK
Affirm launched its pay-over-time options in the United Kingdom. The company will initially offer its interest-free and interest-bearing monthly payment options, with any interest applied being fixed and calculated solely on the original principal amount, Affirm said in a Monday (Nov. 4) press release emailed to PYMNTS.
