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Why Wolfe Research Maintains a Cautious Stance on Affirm Despite Multiple Growth Drivers
Yahoo Finance· 2025-12-18 07:24
Affirm Holdings, Inc. (NASDAQ:AFRM) is one of the best FinTech stocks to buy in 2026. On December 9, Wolfe Research initiated coverage of Affirm with a Peer Perform rating, arguing that while the company has multiple credible growth drivers, the stock’s valuation leaves limited room for near-term upside. The firm characterized Affirm’s business momentum as solid but said a more attractive entry point would be needed before adopting a more constructive stance on the shares. Wolfe highlighted several area ...
Affirm Stock Is Popping on News of Amazon Contract Renewal. How Much Higher Can AFRM Go?
Yahoo Finance· 2025-12-17 18:54
Affirm (AFRM) stock closed nearly 12% higher on Dec. 16 after the financial technology company said Amazon (AMZN) has renewed its partnership with it for five more years. The announcement marks a crucial victory for AFRM as the e-commerce giant serves as one of its most important distribution channels and revenue resources. More News from Barchart Despite the rally, Affirm stock is down some 20% versus its year-to-date high set in August. www.barchart.com Significance of Amazon Partnership for Affirm ...
Affirm (AFRM) Soars 11.8% on Amazon Contract Renewal
Yahoo Finance· 2025-12-17 17:01
We recently published 10 Stocks Shining Bright Amid Wall Street’s Dull Spell. Affirm Holdings Inc. (NASDAQ:AFRM) is one of the top performers on Tuesday. Affirm Holdings snapped a three-day losing streak on Tuesday, jumping 11.77 percent to close at $73.39 apiece as investors cheered news that it successfully renewed its partnership with e-commerce giant Amazon Inc. According to the company, it was able to renew its contract with Amazon for another five years until January 2031, largely on terms in line ...
Why Affirm Jumped 12% Yesterday — Does the Rally Have Legs?
247Wallst· 2025-12-17 15:56
Affirm Holdings (NASDAQ: AFRM) is a fast-growing leader in the buy now, pay later (BNPL) sector, offering consumers flexible installment payments for purchases. The company's stock has been volatile this year, rising 137% from its April lows to close around $73 per share yesterday following an 11.8% jump. This gain followed one of Affirm's regular fireside chats hosted by CFO Rob O'Hare to address investor questions. The comments reassured investors about the underlying health of Affirm's business during a ...
Affirm stock flashes bullish engulfing signal as analysts stay optimistic
Invezz· 2025-12-17 13:01
Affirm stock price popped by over 10% on Tuesday as investors cheered the company's presentation at its event. It jumped to a high of $73.40, up sharply from last month's low of $60.40. ...
Wall Street Breakfast Podcast: Oil Snaps Back
Seeking Alpha· 2025-12-17 11:43
Oil Industry - U.S. crude futures increased by 2.4% to over $56 per barrel following President Trump's order for a blockade of sanctioned oil tankers off Venezuela [2][3] - The blockade represents a significant escalation in U.S.-Venezuela tensions, particularly after the recent seizure of a tanker off the Venezuelan coast [4] - Approximately 30% of Venezuela's oil shipments are at risk if U.S. sanctions continue to be enforced [5] - U.S. crude futures had previously dipped below $55 for the first time in nearly five years due to expectations of a potential easing of sanctions amid a possible Russia-Ukraine peace deal [6] - Analysts indicate that crude oil is nearing critical technical levels, with a potential downside break that could test the $50 mark [7] Consumer Finance - The CFO of Affirm Holdings (AFRM) reported that consumers currently feel healthy, with no signs of stress in repayment rates [8] - Approximately 96% of Affirm's transactions come from repeat borrowers, who typically exhibit lower default rates [9] - Delinquencies and repayment rates are aligning with expectations, indicating stable financial health for the company [10] - Affirm's shares rose nearly 12% after renewing a partnership with Amazon for an additional five years, reaching their highest point in a month [11] Rail Industry - The proposed $85 billion merger between Union Pacific (UNP) and Norfolk Southern (NSC) has lost support from two major unions representing over half of the workforce [12] - Concerns from the unions include increased safety risks, higher shipping rates, and potential disruptions to service [13] - The unions are set to announce their decision regarding the merger, which will be evaluated by the U.S. Surface Transportation Board for public interest [14]
Affirm Soars Double Digits on Tuesday. Is the Stock a Buy?
The Motley Fool· 2025-12-17 02:01
Core Insights - Affirm's stock surged by 10.2% on a day marked by a broader upswing in the buy-now/pay-later (BNPL) and fintech sectors, influenced by a weaker-than-expected jobs report that may lead to lower interest rates [1][4][5] Company Performance - Affirm's CFO Rob O'Hare highlighted a five-year partnership extension with Amazon, which is expected to drive new customer acquisition for both companies [2][6] - The company reported a 34% increase in revenue and a GAAP operating margin of 7% in its most recent quarter, indicating strong growth and profitability [9] - Credit trends remained stable, with delinquency rates consistent with previous years, suggesting that the company's credit model is holding up [10] Market Context - The positive market reaction to Affirm's performance was also reflected in other BNPL and fintech stocks, which experienced gains due to favorable market conditions and investor sentiment [5] - The partnership with Amazon was described as a "win-win," with terms remaining mostly unchanged, reinforcing Affirm's leadership in the industry [6][9] - Evercore ISI maintained an outperform rating for Affirm, with a price target of $95, reflecting confidence in the company's future performance [7]
Why Affirm Holdings Stock Raced Almost 12% Higher Today
The Motley Fool· 2025-12-17 00:16
A top manager at the company tried to assuage concerns that the customer base might rein in its spending.On Tuesday, many investors chose to buy Affirm Holdings (AFRM +11.77%) stock. The buy-now, pay later (BNPL) specialist saw a nearly 12% increase in its share price following comments from one of the company's top managers, as well as an analyst price target upgrade. A bullish discussionThe comments were made by Affirm CFO Rob O'Hare in a fireside chat presented by the company. In his presentation, O'Hare ...
Fashion Retailer Revolve Expands Affirm's Flexible Payment Options to Canada and UK
PYMNTS.com· 2025-12-16 23:01
Core Insights - Revolve Group has expanded its partnership with Affirm to offer flexible payment options to shoppers in Canada and the United Kingdom, building on their existing collaboration in the United States [2][4] - Eligible shoppers can now utilize Affirm's pay-over-time feature for a range of products including apparel, footwear, accessories, and beauty items [2][3] Company Strategy - The co-founder and co-CEO of Revolve Group, Mike Karanikolas, emphasized that the expansion aligns with the company's commitment to enhancing the customer journey through curated shopping experiences and transparent payment options [4] - Karanikolas highlighted that payment flexibility is integral to providing a premium shopping experience, which was previously introduced in the U.S. market [4] Market Impact - Affirm's Chief Revenue Officer, Wayne Pommen, noted that the partnership has already provided U.S. customers with greater choice and clarity, and the expansion into Canada and the U.K. will further enhance this experience [5] - Affirm reported a 30% year-over-year growth in fashion and beauty purchases on its network for the quarter ending September 30, indicating strong demand for its services [6]
Affirm Holdings, Inc. (AFRM) Discusses BNPL Growth, Competitive Differentiation, and Consumer Value in Payments Transcript
Seeking Alpha· 2025-12-16 21:59
Group 1 - The discussion focuses on the growth of volume in the Buy Now, Pay Later (BNPL) sector, highlighting its increasing popularity among consumers in the U.S. [1] - Affirm, as a key player in the BNPL market, is noted for its ability to engage with retail investors and address their inquiries, indicating a strong interest in the company's performance and strategies [1] - The success of BNPL is attributed to the variety of payment methods available to consumers, suggesting that the flexibility and convenience offered by BNPL solutions resonate well with consumer preferences [1]