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 Now, Pay Later (BNPL) services and new global partnerships like the one with Airwallex. Favorable market conditions, including lower long-term Treasury yields, are also boosting Affirm's stock by making consumer borrowing cheaper. This outlook reflects confidence in Affirm's continued expansion and market position in fintech lending.
Shopify and Affirm have introduced Shop Pay Installments in Australia, allowing shoppers to split purchases into biweekly or monthly payments with options for interest-free or interest-bearing plans. This service, already available in the U.S., Canad...
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...
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 ...
SoFi Technologies and Coinbase Global stocks rose sharply as stablecoin trading expands beyond crypto-only firms into fintech. SoFi's SoFiUSD stablecoin, backed by the Federal Reserve, and Coinbase's USDC stablecoin are driving this sector rotation, ...
