Affirm(AFRM)
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Here's Why You Should Retain Affirm (AFRM) Stock for Now
Zacks Investment Research· 2024-01-15 16:17
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 144.1% surge in the past six months, surpassing the industry average of 6.1%.Affirm — with a market cap of almost $12.6 billion — is a platform for digital ...
Affirm (AFRM) to Offer Pay Over Time Options to Evolve Customers
Zacks Investment Research· 2024-01-10 18:32
Affirm Holdings, Inc. (AFRM) recently disclosed that it has partnered with Evolve to offer its pay over time options to its customers. Affirm, as a payment company, aims to provide flexible payment options to customers via its buy now pay later feature. Evolve, being a vacation rental hospitality company, will be able to offer travelers with AFRM’s pay over time options, thus improving their top line.The deal comes at an opportune time for AFRM as demand for flexible payment options related to travel is rap ...
The 3 Best Fintech Stocks to Buy in January 2024
InvestorPlace· 2024-01-10 13:10
Financial technology can help transform an economy and it has emerged as a strong sector in 2023. The industry did face some volatility throughout the year, but with inflation easing, it looks like better days are ahead. Now is the time to look for growth stocks that have the potential to soar as the fintech sector grows. According to a McKinsey report, the revenue in the industry is expected to grow three times faster than in traditional banks between 2023 and 2028. This highlights the growing consumer pre ...
Evolve Selects Affirm as Its Pay-Over-Time Partner
Businesswire· 2024-01-09 14:00
SAN FRANCISCO--(BUSINESS WIRE)--Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced an exclusive partnership with Evolve, a leading vacation rental hospitality company with more than 30,000 properties in 750 markets. Now, eligible travelers can book vacation rentals and pay over time with confidence in simple monthly payments. By selecting Affirm at checkout, approved Evolve customers can split the total cost of any booking over $500 into mon ...
Prediction: These Could Be the Best-Performing Fintech Stocks Through 2030
The Motley Fool· 2024-01-09 10:55
In some form or another, money has flowed through society since its earliest days. But over time, technology has changed how. And it's still changing today. The world is more digital than it's ever been. Simply paying cash or punching in payment card information is no longer flexible enough for some of today's innovative new technologies.This Fool has his eyes set on three fintech stocks that have the potential to make the world better and make you money. These three stocks could outperform the market throu ...
The 7 Best Stocks to Invest In for Big Gains in 2024
InvestorPlace· 2024-01-08 19:57
The start of a new year is the time to take a look at your portfolio and make the necessary changes. While it may not be possible for you to sell stocks unless you are making a profit on them, it can certainly be possible for you to keep a watch on the best stocks of 2024 that have the potential to make big gains this year.If you are considering rebalancing the portfolio, now is the perfect time to grab these seven stocks and take home big gains at the end of the year. While it is hard to predict how the ma ...
IPO watch 2024: Which new stocks will hit the market?
MarketBeat· 2024-01-08 12:03
Key Points The U.S. IPO market kicks off on January 11 with Smith Douglas Homes, which expects a valuation of $1.08 billion. Companies that may go public this year include Reddit, Databricks, Stripe, Turo, Shein and Klarna. Lower interest rates in 2024 could drive an increase in new IPOs. 5 stocks we like better than Apogee Therapeutics What's ahead for 2024 initial public offerings? Among 2023 IPOs, one of the top performers was RayzeBio Inc. NASDAQ: RYZB, a biotech that's out of play now because it's bein ...
Affirm's stock could fall 40% in 2024 after soaring 400% this year, analysts say
Market Watch· 2023-12-28 12:01
Wall Street analysts seem to like buy-now-pay-later services company Affirm Holdings Inc., but most of them expect the stock to pull back — a lot — in 2024 after rocketing more than five-fold this year.The financial technology company has benefited immensely during the holiday months, as a growing number of consumers, who have grown weary of inflation and rising borrowing costs, have embraced the delayed-payment options provided by BNPL providers.Affirm’s stock AFRM, -1.70% has rocketed 420.7% year to date ...
Affirm's stock quintupled this year, beating all tech peers, on buy now, pay later boom
CNBC· 2023-12-28 08:30
In this articleAFRMDrew Angerer / Getty Images A year ago, there was little holiday cheer at Affirm. The point-of-sale lender was confronting rising interest rates, recession fears and weakening consumer spending. Affirm shares ended 2022 down 90%, wiping out billions of dollars in market value.Affirm investors are wrapping up 2023 in a much different mood.The stock skyrocketed 430% in 2023, as of Wednesday's close, outperforming all other U.S. tech companies valued at $5 billion or more. The next-best perf ...
Affirm Holdings: Time to ring the register?
MarketBeat· 2023-12-26 08:59
Key PointsAffirm is a buy-now-pay-later (BNPL) platform that has seen its stock surge 439% year-to-date (YTD) on holiday shopping optimism and a short squeeze.Affirm shares are still down 76% from all-time highs of $176.65.Investors might consider taking profits as the "market has gotten ahead of itself," according to a Morgan Stanley downgrade.5 stocks we like better than AffirmBuy-now-pay-later (BNPL) platform provider Affirm Holdings Inc. NASDAQ: AFRM stock is up 439% year-to-date (YTD). If you’re wonder ...