Core Viewpoint - Affirm Holdings Inc. has renewed its partnership with Amazon for another five years, leading to a significant stock price increase of 11.77% to $73.39, indicating strong investor confidence in the company's future prospects [1][3]. Group 1: Partnership and Stock Performance - Affirm Holdings successfully renewed its contract with Amazon until January 2031, maintaining terms similar to the current program [2]. - Following the renewal news, Affirm's stock price surged by 11.77%, closing at $73.39, marking a recovery from a three-day losing streak [1][3]. - Investment firm Evercore ISI reaffirmed an "outperform" rating for Affirm, setting a price target of $95, which represents a 29% upside potential from its latest closing price [3]. Group 2: Financial Performance - In the first quarter of fiscal year 2026, Affirm reported a net income of $80.69 million, a turnaround from a net loss of $100 million in the same period the previous year [4]. - Total revenues for Affirm increased by 33.7% year-on-year, rising to $933 million from $698 million [5]. Group 3: Company Background - Founded in 2012, Affirm Holdings specializes in providing installment payment solutions and a Buy Now, Pay Later scheme, catering to the growing demand for flexible payment options in e-commerce [4].