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 20.2% rise in active consumers, signaling robust platform engagement. Affirm's stock has recovered significantly, trading at $76.45, and technical analysis suggests a potential price breakout after the earnings release. Investors are closely watching amid challenges faced by competitors like Klarna.
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, ...
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...
