Affirm(AFRM)
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Affirm stock price forecast: Goldman Sachs sees a 40% upside
Invezz· 2024-06-24 18:20
Affirm Holdings Inc (NASDAQ: AFRM) gained more than 10% on Monday after a Goldman Sachs analyst issued a super bullish note in its favour. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Shares of the buy now, pay later company are still over 30% for the year. Affirm stock could climb to $42Copy link to sectionWill Nance initiated coverage of Affirm Holdings today with a “buy” rating. His $42 price objective suggests a 40% upside on its previous clos ...
Affirm Holdings Surges as It Gets a 'Buy' Rating From Goldman Sachs
Investopedia· 2024-06-24 17:28
Key TakeawaysAffirm Holdings shares soared in intraday trading Monday as Goldman Sachs initiated coverage with a "buy" rating on the stock, with a price target 41% above Friday's close.Goldman said the buy now, pay later (BNPL) firm is “the leading provider of modern credit solutions for consumers.”The analysts also praised Affirm's underwriting. Shares of Affirm Holdings (AFRM) jumped in intraday trading Monday as Goldman Sachs initiated coverage of the buy now, pay later (BNPL) loan service with a "buy" r ...
Affirm: Apple's Exit From BNPL Has Significant Implications
Seeking Alpha· 2024-06-23 05:55
Kevin Dietsch/Getty Images News With Apple (AAPL) appearing to announce an exit from the Buy Now, Pay Later space, Affirm (NASDAQ:AFRM) is looking like an increasingly attractive bet. The company has posted torrid top-line growth along with rapidly improving operating margins. The company has a net cash balance sheet and the Affirm Card is clearly gaining traction with consumers. The company’s solid execution over the last several years in the high interest rate environment may suggest that bearish fear ...
3 Incredibly Cheap Fintech Stocks to Buy Now
The Motley Fool· 2024-06-22 14:30
Nu, Upstart, and Affirm all look undervalued relative to their growth potential.Fintech stocks soared during the peak of the meme- and growth-stock rallies in 2021, but many of those stocks stumbled over the following two years as interest rates rose. Those higher rates curbed economic growth and lending, while higher yields on fixed-income investments like CDs pulled investors away from riskier growth stocks.But with interest rates expected to stabilize and potentially decline over the next few quarters, i ...
Investors Heavily Search Affirm Holdings, Inc. (AFRM): Here is What You Need to Know
ZACKS· 2024-06-21 14:06
Affirm Holdings (AFRM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this operator of digital commerce platform have returned +1.6%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Business - Services industry, which Affirm Holdings falls in, has lost 2.5%. The key question now is: What could be ...
Affirm Holdings: Undervalued With Potential For Re-Rating And Long-Term Growth
Seeking Alpha· 2024-06-20 12:12
B4LLSBeing a bet on falling interest rates, Affirm Holdings, Inc. (NASDAQ:AFRM) has most recently disappointed expectations. The central bank’s decision to delay the rate cut timeline also set back my investment thesis with regard to the buy now, pay later company a little bit, but I think the value proposition, for long-term investors anyways, has improved here lately. I say this because Affirm Card adoption metrics and gross merchandise volume trends look healthy and the BNPL market opportunity remain ...
Affirm Holdings, Inc. (AFRM) CFO Fireside Chat (Transcript)
Seeking Alpha· 2024-06-14 19:09
Affirm Holdings, Inc. (NASDAQ:AFRM) CFO Fireside Chat June 14, 2024 12:00 PM ET Company Participants Zane Keller - Director of Investor Relations Michael Linford - Chief Financial Officer Conference Call Participants Ramsey El-Assal - Barclays Zane Keller Okay, it looks like we've got most of the people that registered for the event. So I think we'll go ahead and get started. So good day, everyone. Thank you again for dialing into our quarterly fireside chat with our Chief Financial Officer Michael Linford. ...
Affirm Holdings, Inc. (AFRM) CFO Fireside Chat (Transcript)
2024-06-14 19:09
Affirm Holdings, Inc. (NASDAQ:AFRM) CFO Fireside Chat June 14, 2024 12:00 PM ET Company Participants Zane Keller - Director of Investor Relations Michael Linford - Chief Financial Officer Conference Call Participants Ramsey El-Assal - Barclays Zane Keller Okay, it looks like we've got most of the people that registered for the event. So I think we'll go ahead and get started. So good day, everyone. Thank you again for dialing into our quarterly fireside chat with our Chief Financial Officer Michael Linford. ...
Affirm (AFRM) Chosen to Bring Flexible Hotel Booking Payments
ZACKS· 2024-06-13 18:53
Affirm Holdings, Inc. (AFRM) recently joined forces with the hospitality management company, Brittain Resorts & Hotels, to enable approved guests to book stays at more than 15 hotels and resorts and make payments over time.By choosing to pay through Affirm’s flexible payment solutions at checkout, approved guests can divide the total cost of any purchase exceeding $150 into monthly payments for a period of up to 18 months. Customers will be aware of their total purchase cost and will not have to pay anythin ...
3 Fintech Growth Stocks That Are Screaming Buys in June
The Motley Fool· 2024-06-13 08:05
Fintech uncertainty has some innovators trading at jaw-droppingly low prices.Financial technology, or fintech, is crowded with many companies jockeying for market share. It's for a good reason. According to Fortune Business Insights, the global fintech market is worth approximately $300 billion today and will grow to over $1.1 trillion by 2032.The problem for investors is that since nobody can reliably tell you which companies will dominate the industry a decade from now, many promising stocks in the space ...