Affirm's recent quarterly report arrived with some fantastic surprises.Affirm Holdings (AFRM 30.46%) stock is skyrocketing in Thursday's trading. The buy now, pay later specialist's share price was up 33.9% as of 11 a.m. ET, according to data from S&P Global Market Intelligence.After the market closed yesterday, Affirm published results for the fourth quarter of its last fiscal year (which ended June 30). The company delivered sales and earnings for fiscal Q4 that beat Wall Street's targets, and the company ...

Ratana21/iStock via Getty ImagesAffirm Holdings, Inc. (NASDAQ:AFRM) has always been an intriguing fintech due to the well known CEO in a crowded space. The biggest issue has always been paying the correct price for the opportunity in the buy now, pay later space. My investment thesis is more Neutral on the stock after the big jump in after-hours trading on excitement over earnings. Source: Seeking Alpha Impressive Growth Affirm has really turned the business around with the fintech reporting a strong ...

On Wall Street, “strength begets strength.” Despite the recent market correction and the volatility caused by the “Yen Carry Trade” unwind, the fintech and payments group has exhibited stellar relative strength recently. Over the past three months, PayPal ((PYPL) ), Affirm ((AFRM) ), and Upstart ((UPST) have each outperformed the S&P 500 Index ETF ((SPY) dramatically, gaining 15.5%, 26.4%, and 83.5% (compared to the SPY’s 6.7%).Image Source: Zacks Investment ResearchThe “buy now, pay later” (BNPL) segment o ...

Affirm TodayAFRMAffirm$40.05 +8.47 (+26.82%) 52-Week Range$15.97▼$52.48Price Target$32.97Add to WatchlistAffirm NASDAQ: AFRM has seen wild fluctuations in its stock price over the past three years. Shares peaked at nearly $169 in November 2021 but are down 80% from that level today. However, shares are up 82% in the past 52 weeks.Investors might recognize the fintech company as a payment option allowed when making online purchases. Affirm often pops up when checking out online to pay off a purchase in insta ...

hapabapa Investment Thesis Affirm (NASDAQ:AFRM) delivered impressive fiscal Q4 2024 results and fiscal 2025 guidance. More specifically, it appears that Affirm is demonstrably a growth company. And while it continues to grow its top line, it's also carving out a path towards clean GAAP profitability. In sum, I make the case that AFRM is attractively priced at 17x forward non-GAAP operating profits. As such, I rate this stock a buy. Rapid Recap On 23 May, I said in a neutral AFRM article, [...] You ma ...

Affirm Holdings, Inc. (NASDAQ:AFRM) Q4 2024 Earnings Conference Call August 28, 2024 5:00 PM ET Company Participants Zane Keller - Director of Investor Relations Max Levchin - Founder and Chief Executive Officer Michael Linford - Chief Financial Officer Conference Call Participants Jason Kupferberg - Bank of America Securities Reginald Smith - JPMorgan Ramsey El-Assal - Barclays William Nance - Goldman Sachs Andrew Bauch - Wells Fargo Robert Wildhack - Autonomous Research Kyle Peterson - Needham Dan Dolev - ...

Affirm Holdings (AFRM) reported $659.19 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 47.9%. EPS of -$0.14 for the same period compares to -$0.69 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $599.5 million, representing a surprise of +9.96%. The company delivered an EPS surprise of +68.89%, with the consensus EPS estimate being -$0.45.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

Affirm CEO Max Levchin said in a note to shareholders that the company set a new goal of hitting operating profitability on a GAAP basis by the fiscal fourth quarter of 2025.Revenue climbed 48% from a year earlier, and Affirm's net loss narrowed to $45.1 million from $206 million in the same period a year ago. The company's active merchant count hit more than 300,000 and active consumers also grew 19% to 18.6 million.Affirm reported gross merchandise volume, or GMV, of $7.2 billion, up 31% from a year earli ...

Affirm Holdings (AFRM) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.45. This compares to loss of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 68.89%. A quarter ago, it was expected that this operator of digital commerce platform would post a loss of $0.70 per share when it actually produced a loss of $0.43, delivering a surprise of 38.57%.Over the last four quar ...

As consumers navigate a challenging economic environment, they are increasingly adopting buy now, pay later (BNPL) options to manage their spending.Affirm, a leading BNPL provider, reported Wednesday (Aug. 28) in its fourth quarter fiscal 2024 financial results that it saw 31% year-over-year growth in gross merchandise volume (GMV), reaching $7.2 billion, and a 48% surge in revenue, reaching $659 million. These increases underscore the growing appetite for flexible payment options as consumers deal with fin ...