Affirm Stock Jumps As Analyst Highlights Record Spending Volumes, Strong Credit Trends
1. Affirm's earnings doubled expectations, leading to a 12% stock increase. 2. GMV growth surpassed 40% YoY for the first time since the pandemic. 3. JPMorgan raised its price target for Affirm from $91 to $94. 4. Fiscal 2026 revenue guidance significantly exceeds market consensus. 5. Credit metrics show improvement with delinquency rates decreasing year over year.