Affirm (AFRM) reported a 35% year-over-year growth in gross merchandise volume (GMV) and 41% growth in revenue less transaction costs (RLTC), surpassing its guidance while maintaining a net cash position. The company projects 29% GMV growth and margin expansion, driven by market share gains and AI-enhanced profitability. This performance highlights Affirm's role in establishing buy now, pay later (BNPL) as a sustainable payments disruptor beyond pandemic trends. The analyst rates Affirm as a "Buy," citing durable growth, GAAP profitability, and a reasonable valuation despite recent stock price gains.
Mizuho analyst Dan Dolev raised Affirm Holdings' price target from $95 to $100, citing the company's $100 billion gross merchandise volume (GMV) target and strong Q3 FY2026 results. Affirm posted 33% revenue growth and 35% GMV growth, with notable ga...
Klarna's stock surged about 15% following its Q1 2026 earnings report, which showed a 44% revenue increase to $1 billion and a swing to adjusted operating profit of $68 million from near break-even last year. The company also reported positive net in...
Americans continue strong spending, with personal consumption reaching $21.86 trillion in March 2026. Fintech companies dominate the payment infrastructure, but top pure-play fintechs trade at high valuations, limiting growth potential for retail inv...
Affirm revealed plans to grow beyond buy now, pay later (BNPL) by expanding its payment ecosystem through cards, digital wallets, and a new industrial bank charter. The company highlighted a 50% increase in transaction frequency per active user, now ...
Affirm is integrating its pay-over-time financing options into Google's AI platforms, including the Gemini app and Google Search, through Google Pay. This allows users and AI agents to choose Affirm at checkout, see full costs and payment plans upfro...
