Why Affirm Holdings (AFRM) Outpaced the Stock Market Today

Group 1 - Affirm Holdings closed at $49.13, reflecting a +1.92% increase from the previous day, outperforming the S&P 500's gain of 0.74% [1] - The stock gained 1.73% over the previous month, surpassing the Computer and Technology sector's loss of 6.23% and the S&P 500's loss of 4.77% [1] Group 2 - The upcoming earnings report on May 8, 2025, is expected to show an EPS of -$0.08, which is an 81.4% increase compared to the same quarter last year, with revenue anticipated at $783.11 million, indicating a 35.92% increase year-over-year [2] - Full-year Zacks Consensus Estimates predict earnings of -$0.06 per share and revenue of $3.18 billion, representing year-over-year changes of +96.41% and +37.08%, respectively [3] Group 3 - Recent changes to analyst estimates for Affirm Holdings suggest a favorable outlook on the company's business health and profitability [4] - The Zacks Rank system indicates that Affirm Holdings is currently rated 1 (Strong Buy), with a 56.58% increase in the EPS estimate over the last 30 days [6] Group 4 - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 87, placing it in the top 36% of all industries [7]