Affirm Holdings, Inc. (NASDAQ:AFRM) Special Call September 30, 2024 10:00 AM ET Company Participants Michael Linford - COO & CFO Conference Call Participants Katie Perry - After Earnings Katie Perry I'm Katie Perry, and this is After Earnings. The show brought to you by Morning Brew and Stakeholder Labs. We talk to the public company executives that you want to hear from. Today, we have a Buy Now Pay Later, that's BNPL, juggernaut with us. A firm is back on the show. We're joined by Michael Linford. They're ...

Summary of Affirm Holdings, Inc. Special Call on September 30, 2024 Company Overview - **Company**: Affirm Holdings, Inc. (NASDAQ: AFRM) - **Participants**: Michael Linford (COO & CFO) Key Points Industry Context - Affirm operates in the Buy Now Pay Later (BNPL) sector, which has seen significant growth and adoption among consumers, particularly younger demographics like Gen Z [2][21]. Financial Performance - Affirm reported a **48% year-over-year revenue growth** in Q4, indicating strong business performance [2][12]. - The company is on track to achieve **GAAP profitability by the end of the fiscal year**, driven by strong top-line growth and improved operating margins [8][10]. Operational Insights - Affirm's unit economics are strong, with revenue less transaction costs exceeding the long-term target range of **3% to 4%** [7]. - The company plans to control operating expenses while continuing to grow revenue, with a significant reduction in amortization costs expected from a major enterprise partner [10]. Strategic Partnerships - Affirm has established partnerships with major enterprises like **Amazon, Shopify, and Apple**, which are crucial for expanding consumer reach and enhancing the checkout experience [11][36]. - The partnership with Apple is live, allowing iPhone users to utilize Affirm's services through Apple Pay, which is expected to significantly increase consumer engagement [36]. Market Positioning - Affirm differentiates itself from competitors like Klarna and Afterpay by offering a broader range of payment terms and a transparent fee structure, which appeals to both consumers and merchants [25][27]. - The company emphasizes its commitment to responsible credit practices, which is vital for maintaining consumer trust and managing credit risk [19][22]. Future Outlook - Affirm is preparing for international expansion, with plans to launch in the **U.K.** later this year, aiming to replicate its U.S. success in new markets [39]. - The company is focused on building a payments network that adds value to both consumers and merchants, with a long-term vision of becoming a ubiquitous payment option alongside traditional credit networks [46][47]. Technological Integration - Affirm is leveraging **AI and machine learning** to enhance its predictive capabilities and improve decision-making processes, although it maintains a cautious approach to ensure compliance and transparency [30][32]. Consumer Trends - The shift in consumer preferences towards transparent financial products is driving Affirm's growth, particularly among younger consumers who are seeking alternatives to traditional credit cards [22][23]. Regulatory Considerations - Entering new markets involves navigating complex regulatory frameworks, which Affirm is prepared to address as it expands internationally [42][43]. Additional Insights - The company acknowledges the competitive landscape in the BNPL space, which is expected to drive innovation and improve service offerings [28][29]. - Affirm's focus on maintaining high credit discipline is crucial for managing costs and ensuring sustainable growth [19]. This summary encapsulates the key insights and strategic directions discussed during the call, highlighting Affirm's robust growth trajectory and its commitment to innovation and consumer-centric financial solutions.

In recent years, high short-interest stocks have become the playground for retail traders and investors, leading to massive rallies and squeezes. These speculative names, driven by a combination of social media buzz and perceived market inefficiencies, showcase extreme volatility, providing traders with an opportunity to profit from short squeezes. As the market hovers around all-time highs following the Federal Reserve's 50bps rate cut, capital inflows, and bullish sentiment might encourage investors to ta ...

In the latest market close, Affirm Holdings (AFRM) reached $41.16, with a -1.15% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.13%. Elsewhere, the Dow gained 0.33%, while the tech-heavy Nasdaq lost 0.39%.Coming into today, shares of the operator of digital commerce platform had lost 0.05% in the past month. In that same time, the Business Services sector gained 4.62%, while the S&P 500 gained 2.43%.Analysts and investors alike will be keeping a clos ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, September 25th:Orange County Bancorp, Inc. (OBT) : This commercial and consumer banking company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.Orange County’s shares gained 21.6% over the last three months compared with the S&P 500’s advance of 5%. The company possesses a Momentum Score  of A.Affirm Holdings, Inc. (AFRM) ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:SK Telecom Co., Ltd (SKM) : This wireless telecommunication services company has seen the Zacks Consensus Estimate for its current year earnings increasing 7.5% over the last 60 days.Orange County Bancorp, Inc. (OBT) : This commercial and consumer banking company has seen the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.Affirm Holdings, Inc. (AFRM) : This payment network company seen the Z ...

The BNPL leader could be an undervalued growth play.Affirm (AFRM -0.11%) was a hot fintech stock three years ago. The provider of buy now, pay later (BNPL) services went public at $49 a share on Jan. 13, 2021, opened at $90.90, and soared to a record high of $168.52 on Nov. 4, 2021.But today, Affirm's stock trades at about $45, pulling back as new macro and competitive challenges throttled its growth. Rising rates also compressed its valuations and cast a harsh light on its high debt and persistent losses. ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following 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 in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Affirm Holdings (AFRM) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.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 sys ...

In the latest trading session, Affirm Holdings (AFRM) closed at $44.98, marking a +1.58% move from the previous day. The stock lagged the S&P 500's daily gain of 1.7%. Elsewhere, the Dow gained 1.26%, while the tech-heavy Nasdaq added 2.51%.Heading into today, shares of the operator of digital commerce platform had gained 48.84% over the past month, outpacing the Business Services sector's gain of 6.45% and the S&P 500's gain of 1.27% in that time.The investment community will be closely monitoring the perf ...