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Goldman Sachs Adjusts Robinhood Markets, Inc. (HOOD) Price Target, Cites Strong Early-Year Metrics
Yahoo Finance· 2026-02-26 17:36
Robinhood Markets, Inc. (NASDAQ:HOOD) is among the 20 Best Investments in 2026. Goldman Sachs Adjusts Robinhood Markets, Inc. (HOOD) Price Target, Cites Strong Early-Year Metrics Robinhood Markets, Inc. (NASDAQ:HOOD) is among the best investments. TheFly reported on February 20 that Goldman Sachs lowered its price target for HOOD to $111 from $130 while maintaining a Buy rating. With funded accounts climbing 9% year over year to 27.2 million, equity and cryptocurrency trading volumes rising 57% and 12%, ...
Wedbush Notes MercadoLibre, Inc. (MELI) Well-Positioned Going Into Q4
Yahoo Finance· 2026-02-26 17:36
MercadoLibre, Inc. (NASDAQ:MELI) is among the 20 Best Investments in 2026. Wedbush Notes MercadoLibre, Inc. (MELI) Well-Positioned Going Into Q4 MercadoLibre, Inc. (NASDAQ:MELI) tops our list for being one of the best investments. TheFly reported on February 17 that Wedbush adjusted its price target for MELI to $2,600 from $2,700 while keeping an Outperform rating on the stock. The firm supports MELI as a top choice for 2026 and believes it is well-positioned going into the fourth quarter, but it points ...
PGY vs. LC: Better to Choose Profitable Digital Bank or Fintech Play?
ZACKS· 2026-02-26 17:16
Key Takeaways LendingClub is poised for growth backed by its hybrid bank and marketplace model.PGY posted record $81.4M net income in 2025 as revenues rose 26.1% y/y and EBITDA jumped 76.3%.The LC stock has gained 28.5% in a year and trades at 1.24X P/B versus Pagaya's 1.78X.LendingClub Corporation (LC) and Pagaya Technologies Ltd. (PGY) operate in the same consumer credit ecosystem but with different business models. Both use advanced data analytics and technology to broaden credit access and enhance under ...
With 9M Daily Users, Is Klarna's App the New Daily Money Ritual?
ZACKS· 2026-02-26 15:46
Core Insights - Klarna Group plc (KLAR) has experienced significant growth in app usage, reaching over 55 million active users monthly, with daily usage increasing by 53% year-over-year to 9 million users [1][9] - The fourth quarter of 2025 marked Klarna's first billion-dollar revenue quarter, achieving $1.08 billion, a 38% increase from the previous year, with total gross merchandise volume (GMV) rising 32% to $38.7 billion [3][9] - Fair Financing, a segment involving longer-tenor credit products, saw GMV grow by 165% year-over-year to $4.5 billion, indicating a shift towards higher revenue per transaction [4] User and Transaction Growth - Klarna's global payments network connected 118 million consumers in Q4 2025, a 28% increase year-over-year, with 29 million consumers in the U.S. alone [2] - Merchant additions surged to 966 thousand in the quarter, up 42% year-over-year, enhancing transaction volume and cross-sell opportunities [2] Competitive Landscape - Klarna faces increasing competition from companies like Affirm Holdings, which reported a 36% year-over-year GMV increase to $13.8 billion, and PayPal, which has a strong presence in 200 markets and reported over $40 billion in BNPL total payment volume, up more than 20% year-over-year [5][6][7] Stock Performance and Valuation - Klarna's shares have declined by 42.2% over the past month, underperforming the broader industry, which fell by 6.3% [8][9] - The company trades at a forward price-to-earnings ratio of 24.21X, higher than the industry average of 17.82X, with a Zacks Consensus Estimate indicating a loss of 1 cent for 2026 and a profit of 91 cents for 2027 [11]
Jack Henry & Associates, Inc. (JKHY) Added to Wells Fargo’s ‘Fab 5’ Fintech Picks
Yahoo Finance· 2026-02-26 14:00
Core Insights - Jack Henry & Associates, Inc. (NASDAQ: JKHY) is recognized as one of the best investments for 2026 and has been added to Wells Fargo's "Fab 5" list of top fintech picks [1][3][9] Company Performance and Outlook - Wells Fargo upgraded JKHY from Equal Weight to Overweight, raising its price target from $181 to $196, reflecting increased confidence in the company's revenue growth for 2027 [3][4] - The firm highlighted JKHY's strong competitive position and attractive valuation, with potential upside compared to 2027 and 2028 estimates [3][4] Recent Developments - On February 11, 2023, Jack Henry announced that Blue Sky Bank selected its technology to modernize retail and commercial banking services, utilizing Jack Henry's core platform and integrated digital solutions [5] - Blue Sky Bank has grown its assets from just over $200 million in 2018 to $1.3 billion today, indicating a significant expansion across 15 branches in Oklahoma and Texas [5] Industry Context - Jack Henry provides technology solutions and payment processing services for banks and credit unions, facilitating secure and efficient financial operations and digital banking experiences [6]
authID Selected by Point of Sale Lender to Provide Fraud Prevention and Identity Assurance
Globenewswire· 2026-02-26 13:00
Core Insights - authID has been selected by a U.S. point-of-sale lending and payment financing platform to enhance its identity verification processes, addressing the rising threat of identity fraud in consumer retail financing [1][2] Industry Context - The selection of authID highlights the increasing demand for biometric identity assurance in the consumer finance sector as fintech platforms face challenges from organized fraud and account takeover attacks that traditional verification methods cannot effectively mitigate [2][4] - In 2024, total U.S. payments fraud losses reached $12.5 billion, with Buy Now Pay Later (BNPL) transactions accounting for 15% of all purchases, indicating a significant risk in this area [5] Company Solutions - To combat fraud, the lender will implement authID Proof™ for identity verification using government-issued IDs during onboarding and authID Verified™ for biometric authentication during account access and high-risk transactions [6] - The platform aims to detect and prevent duplicate and fraudulent applications at onboarding, secure accounts against takeover, and maintain a seamless experience for legitimate users [10] Competitive Advantage - authID's biometric identity verification offers a competitive edge in the commoditized point-of-sale lending market by replacing traditional risk scores and vulnerable authentication methods with deterministic biometric proof, enhancing fraud defenses and customer satisfaction [9] - The company's patented PrivacyKey™ architecture ensures compliance with privacy laws while providing an audit trail based on verified biometrics, further solidifying its market position [8][12] Market Potential - The deployment of authID's solutions is expected to address the high-growth, multi-billion dollar fintech market by verifying the identity of users with industry-leading biometric accuracy in under a second [8][11]
Northern Trust Enhances Dynamic Currency Hedging Capability
Businesswire· 2026-02-26 08:00
Core Insights - Northern Trust has enhanced its dynamic currency hedging capabilities by collaborating with Berenberg, allowing clients to integrate AI-based currency management strategies into their risk management options [1] - The dynamic currency hedging solution enables clients to adjust hedge ratios based on real-time market conditions and model-driven forecasts, aimed at reducing volatility and improving risk-adjusted returns [1] - The solution is available across multiple regions including the US, UK, Europe, Australia, and Canada, catering to both asset owners and asset managers [1] Company Overview - Northern Trust Corporation is a leading provider of wealth management, asset servicing, asset management, and banking services, with a global presence and assets under custody/administration of US$18.7 trillion and assets under management of US$1.8 trillion as of December 31, 2025 [1] - Berenberg, founded in 1590, is one of Europe's leading private banks, focusing on wealth and asset management, investment banking, and corporate banking [1]
港股异动 | 稳定币概念股活跃 Circle绩后暴涨35% 香港将于下月发出首批牌照
智通财经网· 2026-02-26 02:18
智通财经APP获悉,稳定币概念股早盘活跃,截至发稿,国富量子(00290)涨5.57%,报3.41港元;连连 数字(02598)涨5.21%,报7.67港元;国泰君安国际(01788)涨4.53%,报3港元;云锋金融(00376)涨 4.23%,报3.2港元;众安在线(06060)涨2.48%,报16.12港元。 消息面上,稳定币第一股Circle暴涨35.34%,创6月5日以来最大单日涨幅。其最新公布的季度业绩全面 超出市场预期,同时稳定币USDC流通量大增72%,达到753亿美元。此外,2月25日,香港特区政府财 政司司长陈茂波在立法会发表2026至2027财政年度政府财政预算案。陈茂波表示,香港已实施法币稳定 币发行人发牌制度,将在下月发出首批牌照。政府及金融监管机构会继续促进持牌发行人在合规和风险 可控的情况下,探索更多应用场景。 ...
Chime Active Members Hit 9.5M as Demand Grows for Earned Wage Access
PYMNTS.com· 2026-02-26 01:48
Chime’s fourth quarter 2025 results centered on linked trends: heavier use of the Chime Card for spending and continued growth in members treating the platform as their primary financial relationship.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS conten ...
Chime Financial Inc-A(CHYM) - 2025 Q4 - Earnings Call Transcript
2026-02-25 23:02
Chime Financial (NasdaqGS:CHYM) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsChris Britt - Co-Founder and CEODavid Pearce - VP of Investor Relations and Capital MarketsMark Troughton - PresidentMatt Newcomb - CFOSanjay Sakhrani - Managing DirectorWill Nance - VP of Equity ResearchConference Call ParticipantsAdam Frisch - Senior Managing Director and Fundamental Research AnalystAndrew Jeffrey - Research AnalystDarrin Peller - Managing Director and Senior Equity AnalystJames Faucett ...