Affirm(AFRM)
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How Should You Play Affirm (AFRM) Ahead of Q3 Earnings?
Zacks Investment Research· 2024-05-06 19:06
Investors are probably keeping a close eye on Affirm Holdings, Inc. (AFRM) as the company prepares to announce its third-quarter fiscal 2024 results on May 8, prior to the market opening. Some investors are deliberating whether to purchase shares of this prominent payment network before its earnings report or await a potentially more advantageous entry point.Why is It Attracting Investor Interests?As a prominent player in the buy now, pay later (BNPL) sector, AFRM holds a distinctive advantage to benefit fr ...
7 Sleeper Stocks to Buy Before Wall Street Wakes Up: April 2024
InvestorPlace· 2024-05-01 17:26
Sleeper stocks to buy – based on Nasdaq.com’s glossary – represent securities that offer significant price appreciation potential once its fundamentals have been recognized. That could cover a lot of enterprises so I decided to narrow down the list.Using TipRanks’ Stock Screener, I filtered for ideas that benefit from a series of strong quantitative attributes but simultaneously carry analyst consensus hold ratings. In other words, these are ideas that, by the numbers, should benefit from Wall Street’s spot ...
Affirm is no longer the exclusive provider of BNPL loans at Walmart
Invezz· 2024-04-23 13:43
Affirm Holdings Inc (NASDAQ: AFRM) is down 8.0% at writing after One – a Walmart-backed financial technology startup joined the BNPL race. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Why is it a big deal for Affirm stock?Copy link to sectionOne will reportedly enable customers to opt for its buy now, pay later loan to purchase big-ticket items at more than 4,600 locations of Walmart across the United States. The announcement is significant for $A ...
Affirm Holdings (AFRM) Ascends But Remains Behind Market: Some Facts to Note
Zacks Investment Research· 2024-04-11 23:21
Affirm Holdings (AFRM) closed the most recent trading day at $33.80, moving +0.69% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.74%. Elsewhere, the Dow lost 0.01%, while the tech-heavy Nasdaq added 1.68%.The the stock of operator of digital commerce platform has fallen by 13.46% in the past month, lagging the Business Services sector's loss of 1.98% and the S&P 500's gain of 0.8%.The investment community will be closely monitoring the performance of Aff ...
Affirm: Stunning Acceleration In Growth And Margin Expansion (Rating Upgrade)
Seeking Alpha· 2024-04-07 13:55
Cn0ra/iStock via Getty Images Affirm (NASDAQ:AFRM) has shown great resilience amidst the higher interest rate environment. It was just one year ago when the company had seen its unit-level margins contract below its target range, and Wall Street responded with extreme bearishness. In the many quarters since then, management re-calibrated their credit management policies, which has brought their unit-level margins back within their targeted range without impacting their ability to grow GMV at incredible rate ...
Affirm: Risk-Reward Is Attractive To Initiate A Position In The Stock
Seeking Alpha· 2024-04-06 11:24
FokusiertIntroduction & Investment Thesis Affirm (NASDAQ:NASDAQ:AFRM) is a “buy now, pay later” (BNPL) platform that has severely underperformed the S&P 500 and Nasdaq 100 YTD. The company reported its Q2 FY24 earnings in February, where revenue and earnings beat expectations, growing 48% and 250% YoY, respectively, as it saw strong growth with small and medium-sized businesses as well as deepening adoption of its Affirm Card. Moving forward, Affirm has set forth the target of growing to $50B in GMV in ...
Affirm (AFRM) Survey Hints Canadians Eyeing Major Purchases
Zacks Investment Research· 2024-04-04 17:05
Affirm Holdings, Inc. (AFRM) recently released findings from its survey of 2,000 Canadians, signaling that they are more confident about their finances compared with the economy. While many reports indicate that Canadians might cut their expenses, this survey highlights that the majority (82%) of people are planning to make a major purchase in the near future.The report highlights that 94% and 90% of Gen Z and Millennials plan to make a major purchase in the coming months compared with 82% and 72% of Gen X ...
4 Stocks with Surprisingly Large Short Interest
MarketBeat· 2024-04-03 11:45
Key PointsDuring bullish market periods, stocks with notable short interest often exceed expectations due to market strength and optimistic sentiment.Gap, On Holding, Global Foundries and Mobileye Global are large-cap companies with significant short interest.Despite impressive earnings and growth projections, some of these companies' stocks have been heavily shorted and declined significantly, while others have continued to rise along with the short interest. 5 stocks we like better than GAPAs the overall ...
Reasons to Retain Affirm (AFRM) Stock in Your Portfolio
Zacks Investment Research· 2024-04-02 15:36
Affirm Holdings, Inc. (AFRM) exhibits strong growth potential, driven by increasing active merchant numbers, a flourishing buy now, pay later (BNPL) landscape and a rising Gross Merchandise Volume (GMV). The company's robust transaction volumes and interest income contribute significantly to its positive outlook. The stock has experienced an impressive 90.5% surge in the past six months, surpassing the industry average of 7.3%.Affirm — with a market cap of almost $10.7 billion — is a platform for digital an ...
Affirm Holdings, Inc. (AFRM) Affirm CFO Fireside Chat (Transcript)
Seeking Alpha· 2024-03-22 19:35
Affirm Holdings, Inc. (NASDAQ:AFRM) Affirm CFO Fireside Chat March 22, 2024 12:00 PM ET Company Participants Michael Linford - CFO Conference Call Participants Andrew Bauch - Wells Fargo [Call Starts Abruptly] recent trends and the outlook for the company, which has been incredibly strong for the last couple years. So Michael, thank you for joining with us today. Michael Linford Thank you for having me. Andrew Bauch Maybe we could just begin with last quarter. I mean, it feels like the holiday shopping seas ...