Core Insights - Demand for pay-over-time options is increasing in North America, with nearly 50% of U.S. consumers preferring it over credit cards according to Affirm research [1] - FreshBooks has partnered with Affirm to offer flexible pay-over-time options to its Payments customers in the U.S. and Canada [2][3] Company Overview: FreshBooks - FreshBooks is a financial management system designed for service-based small businesses, providing tools for invoicing, expenses, payroll, and payments [4] - The company aims to simplify business operations and help owners manage finances effectively [4] Company Overview: Affirm - Affirm focuses on delivering transparent financial products that enhance consumer lives, emphasizing trust and no hidden fees [5] - The company offers payment options with rates ranging from 0% to 36% APR, subject to eligibility checks [6][7] Partnership Impact - The integration of Affirm's payment options within FreshBooks Payments invoices allows clients to split purchases into biweekly or monthly plans, enhancing payment flexibility [2][3] - This partnership is expected to help small business owners win more jobs, increase customer loyalty, and drive long-term growth in a competitive market [3]

Core Insights - Affirm is currently trading at $73.28, showing a slight increase of 0.5% and is attempting to maintain its breakeven level for the quarter [1] - The stock has faced resistance at the $80 level but has found support around the $70 mark, indicating potential for a breakout [1] - A bullish signal suggests that a breakout could be imminent for Affirm's stock [1] Technical Analysis - Affirm's stock is within 0.75 of the 100-day moving average's 20-day average true range (ATR), having spent over 80% of the last 10 days and two months above this level [2] - Historical data shows that similar conditions have led to a 60% chance of the stock being higher one month later, with an average gain of 20.5%, which could push the stock above $88 [2] Market Sentiment - There has been a notable increase in put options, with a 50-day put/call volume ratio of 1.28, ranking higher than 99% of readings from the past year, indicating bearish sentiment [4] - If this bearish sentiment begins to reverse, it could provide positive momentum for Affirm's shares [4] Short Interest - Short interest in Affirm has decreased by 8.9% over the last two reporting periods, accounting for 5.8% of the stock's total float [5] - The current short interest indicates that it would take more than two days for short sellers to cover their positions [5]

Core Insights - Affirm Holdings, Inc. (AFRM) shares have surged 76% over the past six months, outperforming the broader market and peers, with the industry advancing 32.2% and the S&P 500 gaining 23.1% [1][2] - The strong performance is attributed to positive financials, strategic partnerships, optimistic guidance, and innovation enhancing recurring revenue streams [2] Financial Performance - Analysts project Affirm's fiscal 2026 earnings at 84 cents per share, a significant increase from 15 cents a year ago, with fiscal 2027 earnings expected to rise another 72% year over year [4] - Revenue growth rates for fiscal 2026 and 2027 are anticipated at 23.8% and 22.5%, respectively [4] - Gross merchandise volume is expected to reach $46 billion in fiscal 2026, up from $36.7 billion the previous year, with adjusted operating margin projected to expand to 26.1% from 24.1% in fiscal 2025 [5] Expansion Strategy - Affirm is expanding internationally, with plans to enter Western Europe, starting with France, Germany, and the Netherlands, leveraging partnerships, including a strategic tie-up with Shopify [6][9] - The company is also targeting new verticals, such as gaming, through a collaboration with Xsolla, and expanding its product suite to include debit-based solutions and B2B payment tools [10] Customer Engagement - A notable 95% of transactions in the fiscal fourth quarter came from returning users, indicating strong customer loyalty and predictable recurring revenue [13] - Demand for 0% APR installment plans has increased by 93% year over year, representing 14% of total GMV, with total transactions rising 45.6% year over year to 31.3 million [14] Competitive Positioning - Affirm's valuation reflects its growth profile, trading at 5.62X forward 12-month sales, slightly above the industry average of 5.46X and significantly higher than its three-year median of 3.85X [12] - The company continues to enhance its value proposition by offering transparent payment terms, which reduces cart abandonment rates for merchants [15] Strategic Partnerships - Extended partnerships with Apple Pay and Google are expected to boost in-store BNPL adoption and reshape Affirm's digital footprint, enhancing its visibility and growth potential [11]

Core Insights - Affirm Holdings has announced that it will not charge interest on certain long-term loans taken out between October 22 and October 24, aiming to attract customers during the holiday shopping season [1][3]. Group 1: Company Strategy - Affirm is shifting its focus towards longer-term loans, with approximately 71% of its transactions currently bearing interest, while 14% are 0% APR long-term monthly loans [3][6]. - The company has partnered with major online retailers, such as Amazon, since 2021, which has influenced its move towards interest-bearing loans [3]. Group 2: Market Competition - Affirm competes not only with other buy now, pay later (BNPL) companies like Klarna and Afterpay but also with rewards credit cards targeting high-income customers [4][5]. - The interest-free promotion is seen as a strategy to highlight the advantages of BNPL over credit cards that offer cash back [5]. Group 3: Customer Insights - The promotion is available to eligible customers shopping at select retailers using the Affirm app and card, indicating a targeted approach to customer engagement [6]. - Affirm's CFO noted that monthly installment loans that accrue interest are the company's most significant and profitable product [7].

Affirm Holdings, Inc. (NASDAQ:AFRM) is one of the stocks that Jim Cramer expressed thoughts on. Inquiring about the stock, an investing club member commended the company’s CEO. In response, Cramer said, “You are right [buy, buy, buy]…. Max Levchin is a genius.” A person with stock market data on a laptop. Photo by Anna Nekrashevich on Pexels Affirm Holdings, Inc. (NASDAQ:AFRM) operates a digital payment network that enables consumers to make purchases and pay over time through its point-of-sale and app- ...

Core Insights - Affirm Holdings, Inc. (AFRM) is enhancing its partnership with Google by supporting the Agent Payments Protocol (AP2), which is designed to facilitate secure, agent-led transactions across various platforms [1][8] - The integration of AP2 allows AFRM to embed its payment options into a new era of digital payments, emphasizing responsible lending and consumer trust through real-time assessments and interest-free installment plans [2][3] Company Developments - AFRM's platform already integrates with Google Pay and Chrome's autofill feature, which positions the company to connect with new consumers and merchants [2] - The collaboration with Google and the integration of AP2 signifies AFRM's intent to diversify beyond Buy Now, Pay Later (BNPL) services and establish itself as a tech-savvy financial partner [3][4] - Total transactions for AFRM surged 51.8% year over year in the fourth quarter of fiscal 2025, indicating strong growth and potential for increased transaction volumes [4][8] Competitive Landscape - Competitors such as PayPal and Visa are also advancing in the fintech space, with PayPal launching its Agent Toolkit and Visa developing its Intelligent Commerce initiative, both focusing on AI integration [5][6] - PayPal's total payment volume increased by 6% year over year in the second quarter of 2025, while Visa's processed transactions rose by 10% year over year in the third quarter of fiscal 2025 [5][6] Financial Performance - In the year-to-date period, AFRM's shares gained 25.7%, outperforming the industry's rise of 20.9% [7] - The Zacks Consensus Estimate for AFRM's fiscal 2026 earnings implies a remarkable 460% growth from the previous year, with revenue growth projected at 23.8% year over year [9] - Current earnings estimates indicate significant year-over-year growth, with the most recent consensus for fiscal 2026 earnings at $0.84 and $1.45 for the following year [10]

Group 1 - Affirm Holdings, Inc. (NASDAQ: AFRM) is a notable player in the buy-now-pay-later (BNPL) financial technology sector, which has been analyzed alongside other companies like Klarna [1] - The focus of the analysis includes business models, earnings performance, and competitive positioning within the fintech industry [1] - The author aims to provide research-backed insights to assist investors in making informed decisions regarding their investment strategies [1] Group 2 - The article does not provide specific financial data or performance metrics for Affirm Holdings, Inc. or the BNPL sector [2][3]

Group 1 - Affirm Holdings, Inc. (NASDAQ: AFRM) is a notable player in the buy-now-pay-later (BNPL) financial technology sector, which has been analyzed alongside other companies like Klarna [1] - The focus of the analysis includes business models, earnings performance, and competitive positioning within the fintech industry [1] - The analyst aims to provide research-backed insights to assist investors in making informed decisions regarding their investment strategies [1] Group 2 - The article emphasizes the importance of understanding the strengths and risks associated with companies in the fintech sector, particularly in the context of long-term growth [1]

Group 1 - Gold Reserve has filed motions to disqualify a court officer and the judge overseeing the auction of shares in the parent company of Venezuela-owned Citgo Petroleum [1] - The actions taken by Gold Reserve indicate a strategic move to influence the legal proceedings related to the auction [1] - The outcome of these motions could significantly impact the valuation and ownership structure of Citgo Petroleum [1]

Core Insights - Affirm has launched a promotion called "0% Days" offering interest-free payment plans to shoppers in the U.S. as the holiday season approaches [1][2] - The event will take place from October 22 to 24, providing access to thousands of 0% APR offers across various categories with repayment terms of up to 24 months [2][4] - Affirm's promotion aims to differentiate its installment-based model from traditional credit cards by eliminating hidden costs and fees associated with credit [3][4] Company Strategy - The promotion expands on Affirm's existing partnerships that already provide select 0% financing year-round, positioning the company to capture consumer attention during peak shopping periods [4] - Affirm's strategy highlights the growing competition among buy now, pay later (BNPL) providers, as other companies like Sezzle and PayPal are also enhancing their offerings ahead of the holiday season [5] Consumer Behavior - Research indicates that 52% of shoppers are likely to use pay later plans for holiday purchases, with parents and millennials being the most inclined to utilize this payment option [6] - Younger generations are particularly expected to increase their usage of pay later plans during the holiday season compared to the rest of the year [6]