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Affirm's BNPL growth drives 22% customer rise and $1B revenue, shares up 89% since March

Analyst Insights
04 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Affirm, a buy now pay later (BNPL) provider, reported a 22% year-over-year increase in active customers in Q3 2026 and surpassed $1 billion in quarterly revenue for the second straight quarter. This growth is fueled by rising transactions per user and expanding BNPL adoption, positioning Affirm for significant market expansion. Despite an 89% share price surge since March, Affirm remains attractively valued at 18 times forward P/E compared to some fintech peers. Potential Federal Reserve rate cuts could further boost its stock, though delayed cuts or inflation risks remain key concerns.

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