Buy now, pay later (BNPL) giant Affirm is launching in the U.K., its first market outside North America.Its long-anticipated arrival comes as U.K. lawmakers mull new rules to bring BNPL firms into line with other traditional consumer credit services, though such laws aren’t expected to come into effect until at least 2026 — long enough for Affirm to build traction, and curry favor with consumers and regulators alike. Founded in 2012, Affirm emerged from a startup incubator called HVF, setup by PayPal co-fo ...

The latest trading session saw Affirm Holdings (AFRM) ending at $42.02, denoting a +0.49% adjustment from its last day's close. The stock outpaced the S&P 500's daily gain of 0.22%. On the other hand, the Dow registered a loss of 0.33%, and the technology-centric Nasdaq increased by 0.76%.Coming into today, shares of the operator of digital commerce platform had lost 3.31% in the past month. In that same time, the Business Services sector gained 1.72%, while the S&P 500 gained 1.47%.Investors will be eagerl ...

The company helps facilitate transactions, which is an excellent solution for everyone.Affirm (AFRM -0.41%) is adding millions of new customers, motivating more merchants to integrate it into their websites.*Stock prices used were the afternoon prices of Oct. 17, 2024. The video was published on Oct. 19, 2024. ...

Affirm Holdings (AFRM) closed at $44.54 in the latest trading session, marking a +1.39% move from the prior day. This change outpaced the S&P 500's 0.4% gain on the day. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw an increase of 0.63%.Coming into today, shares of the operator of digital commerce platform had lost 2.33% in the past month. In that same time, the Business Services sector gained 3.38%, while the S&P 500 gained 3.76%.Market participants will be closely ...

Buy Now, Pay Later is a potential goldmine, and Affirm could have an inside track.Buy now, pay later (BNPL) is increasingly popular with young consumers who want flexible payment options without the burden of racking up credit card debt. These loans are underwritten per transaction, giving borrowers more transparency and control over their debt. Additionally, many BNPL loans are interest-free.Affirm (AFRM 4.63%) is one of a handful of companies fighting to lead this industry, which some estimate will grow b ...

Affirm Holdings, Inc. AFRM shares are trading higher after Wedbush analyst David J. Chiaverini upgraded the rating to Neutral (from Underperform) and raised the price target to $45 (from $25).The analyst expects a lower interest rate environment to benefit the company through reduced funding costs and incremental GMV growth.A 100 bp rate decline could improve RLTC margins by 40 bp in fiscal 2025, though the company may ease underwriting standards to maintain a 3%-4% RLTC margin, potentially boosting GMV, ad ...

Core Viewpoint - The holiday shopping season is expected to be a significant opportunity for retailers and buy-now-pay-later (BNPL) services, despite inflation and high interest rates affecting consumer spending habits [1] Group 1: Affirm Holdings Inc. (AFRM) - Affirm is recognized as a pioneer in the BNPL sector, experiencing hypergrowth and partnerships with major retailers like Amazon, Apple, and Walmart [1] - The company has reported a revenue growth of 48% year-over-year, reaching $659.2 million, and is projected to become GAAP profitable by the end of fiscal year 2025 [2] - Analysts have upgraded Affirm's stock ratings ahead of the holiday season, with price targets raised, indicating confidence in its performance [3] Group 2: Block Inc. (SQ) - Block acquired the BNPL platform Afterpay for $29 billion, integrating it into its Cash App ecosystem, which has 57 million users as of June 2024 [5][6] - Afterpay's gross merchandise volume (GMV) grew 21% year-over-year to $7.75 billion in Block's second quarter of 2024, showcasing its growth potential [7] Group 3: Sezzle Inc. (SEZL) - Sezzle offers a unique BNPL model requiring a 25% down payment, with over 3.4 million active users and acceptance by more than 45,000 merchants [9] - The stock has surged 776% year-to-date, although trading volume remains low, indicating potential volatility [10] - Analysts have set a consensus price target of $174.00 for Sezzle, reflecting optimism about its future performance [11]

Group 1 - Affirm (NASDAQ: AFRM) is a leading player in the Buy Now Pay Later (BNPL) market, experiencing a price drop to $38-$42 in the past two weeks due to rising 10-year treasury yields from 3.75% to 4.07% [1] - The stock price surged by 12% yesterday, reaching $47, indicating a significant recovery [1] Group 2 - The article highlights the author's investment strategy, which is based on fundamental analysis similar to that of renowned investors like Warren Buffett and Peter Lynch [1]

The buy now, pay later company is in a fine position to take advantage of growth opportunities.Investors were clearly in a mood to buy now and pay immediately for shares of specialty financial company Affirm (AFRM 12.07%) on Friday. The buy now, pay later (BNPL) commerce facilitator didn't have any proprietary news to deliver; rather, it benefited from the latest in a recent series of analyst recommendation upgrades. With this wind at its back, the company's share price zoomed more than 12% higher on the da ...

For Immediate ReleasesChicago, IL – October 10, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Affirm Holdings Inc. (AFRM) , American Express Co. (AXP) , Fidelity National Information Services Inc. (FIS) , PayPal Holdings Inc. (PYPL) and The Western Union Co. (WU) .Here are highlights from Thursday’s Analyst Blog ...