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.
Affirm is recognized as a high-quality, profitable company trading at a relatively low valuation of 18 times forward free cash flow. It is projected to achieve 30% year-over-year revenue growth and generate $1.4 billion in free cash flow by fiscal 20...
Upstart Holdings shares dropped 5% to $21.88, nearing their 52-week low, as investors brace for the company's Q3 2026 earnings report. This decline contrasts with gains in fintech peers Affirm and SoFi, which rose 5% and 4% respectively, supported by...
