Core Viewpoint - Affirm Holdings Inc. (NASDAQ:AFRM) is identified as one of the most undervalued stocks, with a Buy rating and a price target of $82 from BofA Securities, driven by its diversified growth and strong gross merchandise volume momentum [1]. Group 1: Company Performance - BofA Securities highlights Affirm's expanding merchant and consumer networks, along with its efficient multichannel model, as key drivers for above-market growth [1]. - The company has shown consistent unit economics and disciplined credit management, reinforcing confidence in its business model [2]. - Affirm has increased its fiscal 2026 targets, indicating no signs of credit or demand weakness [2]. Group 2: Market Trends - Long-term demand for Affirm's services is bolstered by younger consumers increasingly adopting buy-now, pay-later options and favoring Affirm as their payment choice [2]. - The company operates a payment network across Canada, the United States, and internationally, offering a consumer-focused app, point-of-sale payment solutions, and merchant commerce solutions [4]. Group 3: Strategic Partnerships - Stripe announced support for Affirm's buy-now, pay-later methods as a payment option for Shared Payment Tokens, enhancing Affirm's payment capabilities [3].

17, 2025 at 10:56 AM EST Affirm Holdings (NASDAQ: AFRM) is a fast-growing leader in the buy now, pay later (BNPL) sector, offering consumers flexible installment…## Live: Will Affirm Holdings (AFRM) Keep Soaring After Earnings?Joel South | Aug 28, 2025 at 3:00 PM EDT Live Updates Q4 Conference Call Starts at 5 PM EST Aug 28, 2025 at 4:43 PM EDT Sentiment check-up Aug…## Analysts' Upbeat Reaction to Amazon-Affirm BNPL AgreementPaul Ausick | Aug 30, 2021 at 11:14 AM EDT Buy now, pay later has become a hotspot ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: Buy now, pay later player Affirm Holdings is trying to attract more consumers who are affluent, with higher credit scores, compared to traditional BNPL users, an executive said this week. The company plans to reach these consumers through 0% interest promotions, Affirm President Libor Michalek said Tuesday in a question-and-answer session at the Morg ...

Group 1 - The presentation at the Morgan Stanley TMT Conference 2026 features Affirm and its President, Libor, indicating a significant interest in the company [1] - The presenter expresses excitement about the session, highlighting it as the most anticipated presentation of the week within the coverage group [2] - The presenter has prepared extensively, indicating a strong focus on Affirm with three pages of questions, suggesting the company's relevance and complexity [2]

Core Insights - Dassault Aviation reported an increase in operating profit to €635 million ($737.36 million) in 2025, up from €519 million the previous year, driven by a 19% rise in net sales to €7.42 billion from €6.23 billion [1][1][1] - The company forecasts net sales to reach €8.5 billion in 2026, with planned deliveries of 28 Rafale and 40 Falcon jets [1][1][1] Financial Performance - Operating profit increased by €116 million, representing a significant growth year-over-year [1] - Net sales rose by €1.19 billion, reflecting a 19% increase [1] Production and Deliveries - Rafale deliveries increased to 26 units in 2025 from 21 units in 2024, while Falcon deliveries rose to 37 from 31, although both fell short of the target of 40 [1][1] - The company received orders for 26 Rafale and 31 Falcon jets in 2025 [1]

Summary of Affirm's 2026 Conference Call Company Overview - **Company**: Affirm (NasdaqGS:AFRM) - **Event**: Morgan Stanley TMT Conference 2026 - **Date**: March 03, 2026 Key Points Industry Insights - **BNPL Market Growth**: The Buy Now Pay Later (BNPL) sector is experiencing significant growth, particularly in e-commerce, with current penetration in the U.S. at approximately 8%-9% compared to over 20% in other markets [41][42] - **Consumer Credit Trends**: Affirm's approach to consumer credit is positioned as a better alternative to revolving credit cards, emphasizing transparency with no late fees or deferred interest [42][43] Financial Performance - **GMV Growth Outlook**: Affirm anticipates a deceleration in Gross Merchandise Volume (GMV) growth in the second half of the year, primarily due to high year-over-year growth comparisons from the previous year [7][10] - **Consumer Demand**: Current consumer demand remains healthy, with repayment data aligning with expectations, indicating stability in the credit market [39][40] Promotional Strategies - **0% Promotions**: The implementation of 0% promotions has proven to be dollar accretive, driving user engagement and retention, and is seen as a valuable tool for merchants to manage inventory and enhance conversion rates [21][25][30][101] - **Customer Retention**: Affirm reports a high retention rate of approximately 80% for users over a four-year horizon, indicating strong customer loyalty [29] Market Expansion - **TAM Expansion**: The total addressable market (TAM) for BNPL is estimated at $1.1 trillion to $1.2 trillion, with Affirm focusing on expanding its services beyond retail goods into high-ticket items and services [43][44] - **Distribution Channels**: Affirm is actively expanding its partnerships with various merchants and payment service providers, including recent collaborations with Intuit and ServiceTitan [55] Underwriting and Risk Management - **Vertical Integration**: Affirm emphasizes the importance of vertical integration in underwriting, allowing for better visibility and control over the entire consumer journey, from shopping to servicing [77][79] - **Funding Strategy**: The company has maintained strong relationships with capital partners, achieving favorable terms in recent asset-backed securities (ABS) deals, with spreads under 100 basis points [85][89] Future Outlook - **Agentic Commerce**: Affirm sees potential growth in agentic commerce, where AI assistants facilitate consumer purchases, positioning BNPL as a preferred financing option [58][62] - **Consumer Health**: Despite market concerns, Affirm reports that consumer health remains stable, with no significant issues in repayment or spending patterns [39][122] Misconceptions and Clarifications - **Consumer Concerns**: There is a prevalent concern regarding consumer health, which Affirm addresses by highlighting the current stability and positive trends in consumer spending [122] - **Role in Agentic Commerce**: Affirm's products are expected to thrive in an agentic commerce environment, providing value to both consumers and merchants [123] Additional Insights - **Card Growth**: Affirm's card product is experiencing impressive growth, with plans to enhance user experience by tailoring offerings to different consumer segments [111] - **Offline Market Potential**: The offline market for BNPL is seen as a significant growth opportunity, with current penetration below 1% [116] This summary encapsulates the key insights and strategic directions discussed during Affirm's conference call, highlighting the company's position in the evolving BNPL landscape and its focus on consumer value and market expansion.

SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM) ("Affirm†or the "Company†) today announced that Rob O'Hare, CFO, will participate in a shareholder fireside chat on Tuesday, March 17, 2026. The discussion will be moderated by Harry Bartlett from Rothschild & Co Redburn and will begin at 9:00 AM Pacific Time. The event will be webcast live on the Company's investor relations website at https://investors.affirm.com, and management will address a selection of the top quest. ...

Core Insights - Affirm is expanding its partnership with Stripe to enhance payment options in AI-driven commerce, allowing for shared payment tokens (SPT) that enable AI agents to facilitate purchases without exposing sensitive information [2][3][4] Group 1: Partnership Details - The collaboration aims to integrate Affirm's pay-over-time options into checkout experiences powered by AI, providing consumers with upfront cost visibility and clear repayment plans [2][3] - Affirm's integration into agentic payments is expected to drive conversion for businesses while offering shoppers more flexible payment choices [8] Group 2: Technology and Consumer Experience - SPTs will allow any merchant using Affirm to accept transactions in agentic flows, regardless of direct integration with Stripe, with broader availability planned for later in the year [9] - The evolution of commerce in the AI era emphasizes the importance of transparency in costs and repayment options, aligning with consumer expectations for no hidden fees [3][4]

Criteria lifts Naturgy stake to 28.5% after buying 2.5% from BlackRock | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The logo of Spanish energy company "Naturgy" is seen in its headquarters in Madrid, Spain, April 16, 2024. REUTERS/Susana Vera [Purchase Licensing Rights, opens new tab]MADRID, March 3 (Reuters) - Spain's Criteria has bought a 2.5% stake in energy firm Naturgy [(NTGY.MC), opens new tab] for 611 million euros, lifti ...

Affirm Holdings Inc. (NASDAQ:AFRM) is among the 12 best stocks to buy and hold for the next 2 years. On February 26, BTIG reiterated a Neutral rating on Affirm Holdings Inc. (NASDAQ:AFRM) based on the company’s January 2026 trust data. According to its report, BTIG said that Affirm’s credit trends appear mostly strong, with early-stage delinquencies at 30-59 days mostly flat to down month-over-month, while newer vintage curves are in line with older curves. BTIG said early-stage delinquencies indicate w ...