Affirm Holdings, Inc. (AFRM) is well poised for growth with strong Gross Merchandise Volume (“GMV”) growth potential, an expanding buy now, pay later (BNPL) landscape and rising active merchant numbers. Additionally, its growing transaction volumes and interest income present a compelling investment opportunity.Affirm — with a market cap of almost $9.1 billion — is a platform for digital and mobile-first commerce that offers financial products. Now, let’s take a look at its recent price performance to gauge ...

Loading...Loading...Another One Laps The Market In a post last week ("From The Viewpoint Of Calamity"), we mentioned that one of our hedged portfolios from mid-November more than doubled the performance of the SPDR S&P 500 Trust ETF SPY over the next six months. In that post, we joked that despite those extraordinary returns, many readers would be indifferent. We may have spoken too soon. Since then, we've seen a spike in interest, particularly after the following week's portfolio (the one from Thanksgiving ...

Affirm Holdings (AFRM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this operator of digital commerce platform have returned -10.1%, compared to the Zacks S&P 500 composite's +4.2% change. During this period, the Zacks Business - Services industry, which Affirm Holdings falls in, has gained 2.4%. The key question now is: What could be the stock' ...

The early days of the pandemic served as a transformational moment for the financial services industry. For decades, financial services firms tended to eschew new technology, preferring to stick with tried-and-true solutions. In the world of high finance, mistakes are costly, so a proven workflow is often preferable to a new innovation.In 2020, however, the world shut down. Companies couldn’t rely on traditional bank branches, paper-based documentation solutions or brick-and-mortar loan offices to offer the ...

Affirm Holdings, Inc. (AFRM) recently announced its collaboration with a Canadian travel agency — FlightHub. The deal enables Affirm to provide flexible and transparent payment options, like buy now pay later (BNPL), to eligible consumers for travel bookings, which will boost its transaction volumes.AFRM’s business model of not charging any late or hidden charges further enhances its offerings. This partnership is an extension of AFRM’s existing partnership with FlightHub in the United States.The deal comes ...

Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023.The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry must abide by the same federal protections as users of credit cards.The agency unveiled what it called an "interpretive rule" that deemed BNPL lenders essentially the same as traditional credit card providers under the decades-old Truth in Lending Act.That means the indust ...

This volatile fintech stock is trading at a discount to its IPO price.Affirm (AFRM -2.27%) attracted a stampede of bulls when it went public on Jan. 13, 2021. The buy now, pay later (BNPL) services provider priced its IPO at $49, and its shares soared to an all-time high of $168.52 on Nov. 4, 2021.At the time, investors were dazzled by Affirm's explosive growth rates and its disruptive potential. By breaking up larger purchases into smaller installments through microloans, Affirm's BNPL platform was an appe ...

Affirm Holdings, Inc. (NASDAQ:AFRM) JPMorgan Global Technology, Media and Communications Conference Call May 21, 2024 10:50 AM ET Company Participants Michael Linford - Chief Financial Officer Conference Call Participants Reginald Smith - JPMorgan Reginald Smith Good morning. Thanks for coming out. I'm Reggie Smith. I lead fintech research here at JPMorgan and I am pleased to chat with Michael Linford, CFO of Affirm, this morning. Welcome. Michael Linford Thank you for having me. Question-and-Answer Session ...

Affirm Holdings, Inc. (NASDAQ:AFRM) JPMorgan Global Technology, Media and Communications Conference Call May 21, 2024 10:50 AM ET Company Participants Michael Linford - Chief Financial Officer Conference Call Participants Reginald Smith - JPMorgan Reginald Smith Good morning. Thanks for coming out. I'm Reggie Smith. I lead fintech research here at JPMorgan and I am pleased to chat with Michael Linford, CFO of Affirm, this morning. Welcome. Michael Linford Thank you for having me. Question-and-Answer Session ...

This misunderstood fintech is loaded with potential upside.Buy Now, Pay Later company Affirm (AFRM -2.37%) is one of the more hotly debated stocks on Wall Street. How can investors trust a business seemingly losing money while competing in a new and growing (but crowded) industry?Yet, the stock has risen like a phoenix from the fire, surging over 150% these past 12 months. Is Wall Street simply being irrational, or is there something to this? I decided to dig into the business to uncover why Affirm's long-t ...