Affirm reported a 41% increase in transactions in its latest quarter, outpacing a 36% rise in gross merchandise volume (GMV) to $14.1 billion, while average order value declined 4%. The growth is driven by more frequent, smaller purchases, especially through Affirm's Pay in X 0% installment product and Affirm Card, which doubled active users to 5.2 million and saw card GMV rise 124% to $2.8 billion. Affirm is expanding beyond traditional retail into services and diverse merchant categories, with active consumers and transactions per user both increasing. The company expects GMV to exceed $64 billion in fiscal 2027, reflecting a shift in BNPL usage toward everyday spending and flexible payment options.
Affirm Holdings, a leader in buy now, pay later services, is set to report strong Q2 earnings with an expected EPS of $0.35 and revenue of $1.11 billion, up 26.2% year-over-year. Growth is driven by a 29.3% increase in Gross Merchandise Volume and a ...
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Oppenheimer has increased its price target for Affirm to $100 from $87, maintaining an "Outperform" rating due to the company's strong growth. Affirm's active merchants rose 44% and active consumers increased 22% in Q3 FY2026, driven by expanding Buy...
