Street View: Affirm jumps as revenue forecast exceeds estimates

Affirm Holdings

28/08/2026 14:15

Update
   ** Affirm Holdings AFRM.O forecast first-quarter revenue  above Wall Street expectations on Thursday after market close. 
   ** Shares jump 11.6% premarket
   ** Median PT of 35 brokerages covering the stock is 100 - LSEG data
HAS ROOM TO RUN
** Needham ("buy," PT: $100) says strong credit performance reflects resilient consumers and its transaction-based underwriting model
** BofA ("buy," PT: $93) says AFRM remains best in class among BNPL providers, underscoring the strength of its underwriting and risk management
** TD Cowen (PT: $124) says its card and international will be growth drivers, with the U.K. becoming more meaningful going forward
** Morgan Stanley ("equal weight," PT: $82) says KPIs are indicative of its ability to offer attractive financing options to an expanding range of consumers, from lower income to high income
** William Blair ("outperform,") says AFRM's strong GMV growth shows it is outperforming peers and sees its management, underwriting rigor, and products as best-inclass
** Citi ("buy," PT: $115) says Affirm is now too big to be slowed down or disintermediated and see more than 30% volume growth over the next several years
** Jefferies (PT: $95) sees FY27 as another strong year, supported by expansion into new verticals & geographies, card growth, customer engagement
** RBC ("sector perform," PT:96) says Affirm stands out among BNPL players with strong GMV growth, stable margins and delinquencies, and improving funding costs

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