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Affirm finance shares gained momentum after
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Affirm Finance shares gained momentum after management upgraded FY guidance, citing stronger holiday transaction activity. Analysts note its competitive edge in fintech could outpace peers like PayPal Credit in the next two quarters. Affirm Holdings' narrative projects $6.0 billion in revenue and $756.6 million in earnings by 2028. This requires 22.9% yearly revenue growth and a $704.4 million increase in earnings from $52.2 million today. Affirm’s shares are extremely volatile and have had 56 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.