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 ...

As the holiday season approaches, consumers prepare for another hit to their pocketbooks with their annual holiday shopping. Inflation and high interest rates have caused consumers to tighten their spending habits in the consumer discretionary sector. The holiday shopping season is when most retailers have the opportunity to get in the black. It's also the busiest time of year for buy-now-pay-later (BNPL) services, which continue to grow in usage. Here are 3 stocks to consider buying now to profit from the ...

Affirm (NASDAQ: AFRM ), one of Buy Now Pay Later (BNPL) stalwarts and market leaders, had dropped to $38-$42 in the past 2 weeks, as the 10-year treasury yield rose from 3.75% to 4.07% before shooting up a huge 12% yesterday to $47 afterFinancial Analyst and Portfolio Manager for over 3 decades, with a 5 Star tipranks rating in the top 5%.I love to find great, undervalued, best-in-class companies using the same fundamental analysis and strategies used by Warren Buffett and Peter Lynch.Analyst’s Disclosure: ...

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 ...

The rapid shift from cash to digital transactions, driven by a push toward convenience and security, has led to meteoric growth in mobile payments. The space encompasses a broad spectrum of innovations, including payment infrastructure and software services, as well as virtual wallets and smartcards. As the adoption of digital payment becomes commonplace, the mobile payments market is anticipated to experience meteoric growth in the long term.At this stage, we recommend five mobile payments stocks to buy an ...

From a valuation perspective, Affirm Holdings, Inc. (AFRM) stock looks attractive. AFRM is currently trading at a forward 12-month price/sales (P/S) of 4.02X, a roughly 37% discount compared with the industry average of 6.41X. It has a market cap of $13.3 billion.Though Affirm’s cheap valuation may present a profitable opportunity for investors seeking value, a more comprehensive analysis is needed to determine if its discounted valuation is justified based on its fundamentals, growth prospects and prevaili ...

Affirm TodayAFRMAffirm$38.81 -0.55 (-1.40%) 52-Week Range$15.97▼$52.48Price Target$35.53Add to WatchlistAffirm Holdings Inc. NASDAQ: AFRM is a fintech offering buy-now-pay-later (BNPL) options for consumers to finance their purchases, enabling merchants to generate additional sales that otherwise may not have been made. The transactions are a win-win for consumers and the merchants, while Affirm is the middleman facilitating the financing. The company is growing and working its way towards profitability. Th ...

Affirm Holdings (AFRM) closed the most recent trading day at $38.50, moving -1.41% from the previous trading session. This move lagged the S&P 500's daily loss of 0.17%. Elsewhere, the Dow lost 0.44%, while the tech-heavy Nasdaq lost 0.04%.Heading into today, shares of the operator of digital commerce platform had lost 2.93% over the past month, lagging the Business Services sector's gain of 1.44% and the S&P 500's gain of 1.25% in that time.The investment community will be paying close attention to the ear ...

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 ...