Affirm Q4 Earnings Preview: JPMorgan Names Buy Now, Pay Later Stock Among 'Top Fintech Picks' With 'Attractive Entry Point'
Portfolio Pulse from Chris Katje
Affirm Holdings Inc (NASDAQ:AFRM) is set to report its Q4 earnings, with analysts expecting revenue of $603.66 million and a loss of 51 cents per share. The company has consistently beaten revenue and earnings estimates in recent quarters. JPMorgan and other analysts have positive ratings on Affirm, citing its partnerships with Shopify, Amazon, and Apple as growth catalysts. Despite a 30% year-to-date decline, analysts see an attractive entry point for the stock.
August 27, 2024 | 7:36 pm
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Affirm is expected to report strong Q4 earnings, with analysts forecasting $603.66M in revenue and a loss of $0.51/share. The company has a history of beating estimates, and its partnerships with Shopify, Amazon, and Apple are seen as key growth drivers. Despite a 30% YTD decline, analysts view the current price as an attractive entry point.
Affirm has consistently beaten revenue and earnings estimates, indicating strong performance. Its partnerships with major companies like Shopify, Amazon, and Apple are expected to drive future growth. Analysts' positive ratings and the stock's current price level suggest a potential upside, making it an attractive entry point.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100