Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Affirm Holdings (AFRM) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Affirm Holdings is one of 288 individual stocks in the Business Services sector. Collectively, these companies sit at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of ...

Financial technology (fintech) represents a transformative investment space in a hybrid sector merging finance and technology. The companies featured in the space encompass a variety of services, such as online banking, peer-to-peer payments, insurance, cryptocurrency and cybersecurity, among others. They are relevant because they streamline financial services, apart from enhancing efficiency and security through innovations like mobile banking, online investing and payment processing.The financial technolo ...

PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada.Affirm, the online lender founded by Max Levchin, expanded beyond credit and entered the debit market four years ago with a card that let users pay over time. Now the company is making it possible for banks to offer that service to their customers.Affirm, which pioneered the buy now, pay later business (BNPL), has partnered with FIS in a deal that will allow the fintech ...

Affirm Holdings (NASDAQ: AFRM ) reported a very strong quarter and continued to demonstrate its progress around profitability. Affirm clearly took advantage of the holiday shopping period and their customer base has remained resilient. Consumers are increasingly shifting towards buy-now-pay-later ("BNPL") operators rather than theAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 ho ...

Affirm Holdings, Inc.’s (AFRM) shares gained 21.8% on Feb. 7, reflecting investor optimism about the company's prospects, after a robust quarter. AFRM’s strong quarterly results benefited from higher network revenues and servicing income. Higher transactions, robust repeat customer engagement and a successful holiday shopping season also boosted performance. However, the results were partly offset by an escalating expense level, which was primarily due to a significant increase in provision for credit losse ...

Core Insights - Affirm Holdings reported Q2 fiscal 2025 revenue of $866 million, exceeding market expectations of $807 million, and earnings per share of $0.23, compared to a projected loss of $0.15 [1][3] - The stock surged 22% following the earnings report, with a year-to-date return of 53%, outperforming the S&P 500's 26% increase [1][2] Financial Performance - Revenue growth of 47% year-over-year, driven by a 138% increase in gain on sale of loans, 33% rise in network revenue, 42% surge in interest income, and 28% increase in servicing income [2] - Gross merchandise volume (GMV) grew 35% year-over-year to $10.1 billion, indicating improved monetization [2] - Active consumers increased by 19% to 21 million, with a 22% rise in transactions per active user [2] Future Outlook - The company anticipates Q3 revenues around $770 million, aligning with consensus estimates [3] - Current stock trading at 8.5x trailing revenues, slightly below the 8.6x average P/S ratio over the past two years, suggesting potential for upward revision in valuation [6] - A projected price target of $84 implies a 12% upside from current levels based on a P/S ratio of 9.5x [6]

Analyst’s Disclosure: I/we have a beneficial long position in the shares of SOFI, PYPL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether ...

Investors might want to bet on Affirm Holdings (AFRM) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.S ...

Shares of Affirm Holdings Inc AFRM spiked in early trading on Friday after the company reported upbeat fiscal second-quarter results.The company released its quarterly results amid an exciting earnings season. Here are some key analyst takeaways.JMP Securities On Affirm HoldingsAnalyst David Scharf reiterated a Market Outperform rating, while raising the price target from $78 to $85.Affirm Holdings reported its fiscal second-quarter revenues and earnings significantly ahead of expectations, Scharf said in a ...