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Stock impact report

Affirm: Soaring Growth At A Cheap Price [Seeking Alpha]

Affirm Holdings, Inc. - Class A (AFRM) 
Company Research Source: Seeking Alpha
The Fintech benefits from surging BNPL adoption, rapid merchant expansion, and the Affirm Card's explosive growth, driving higher customer engagement. Cost reductions and increased operating income have led to two consecutive quarters of GAAP operating income profitability. Affirm's shares trade at merely 18.9X while the BNPL market is expanding and profitability is growing. EPS estimates are resetting higher, highlighting an improving earnings outlook for the Fintech. mustafaU/iStock via Getty Images Affirm Holdings ( AFRM ) reported mixed results for its first quarter on Thursday of last week, which caused the Fintech's shares to soar more than 11% on the following Friday. The buy now pay later platform beat top This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of AFRM, UPST, SOFI, XYZ, PYPL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I Show less Read more
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