Affirm jumps as revenue forecast exceeds estimates

Affirm Holdings

28/08/2026 10:28

** Shares of Affirm Holdings AFRM.O jump 12% to $86.8 premarket
** Buy now, pay later lender forecasts Q1 revenue of $1.19 bln to $1.22 bln, above analysts' estimates of $1.14 billion, per data compiled by LSEG
** Reports Q4 revenue of $ 1.17 bln vs analysts' estimates of $1.10 bln
** We see FY27 setting up as another strong year, supported by expansion into new verticals and geographies and continued growth of Affirm Card, Jefferies analyst says in a note
** "We believe the card will be a continued source of growth as AFRM continues to make it easier for customers to use the card in store," TD Cowen says
** AFRM reports 27.8 million active consumers, up 21% YoY
** Twenty-six of 35 brokerages rate stock "buy" or higher, 9 "hold"; their median PT is $96
** Up to last close, AFRM up 4.1% YTD, compared with a 14.2 % gain in Nasdaq .IXIC 

 (Reporting by Darshan Kumar in Bangalore)
 ((darshan.kumar@thomsonreuters.com))