Bank of America upgraded Affirm's price target to $88 from $82 following a strong fiscal third quarter that exceeded expectations in key metrics like gross merchandise volume, revenue less transaction costs, and operating income. The firm maintained a "Buy" rating, citing steady consumer demand, disciplined underwriting, and improving monetization. Despite a muted market reaction, investors are looking ahead to Affirm's Investor Forum on May 12 for updated guidance, especially on margins. Bank of America also highlighted Affirm's effective credit management and AI-driven operational improvements, which support better unit economics and margin durability.
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...
In Q1 2026, the Polen 5Perspectives Small-Mid Growth Composite Portfolio returned -3.4% gross and -3.6% net of fees, slightly underperforming the benchmark which returned -3.5%. Top contributors to performance included Sandisk Corp., Bloom Energy, an...
Bank of America analyst Matthew O’Neill raised the price target for Affirm to $88 from $82 following a strong fiscal Q3 2026 report where revenue grew 33% year over year and beat expectations. Affirm also raised its full-year revenue guidance, signal...
Affirm has demonstrated strong growth driven by increased user acquisition, merchant adoption, and demand for its 0% APR offerings and Affirm Card. This growth has led to an expanded customer base, higher engagement, and improved financial performanc...
