StockNews.AI
AFRM
Benzinga
154 days

How Walmart- Klarna Deal Impacts Affirm? Goldman Sachs Analyst Weighs In

1. Affirm loses Walmart partnership, affecting installment loan services. 2. Goldman Sachs revised AFRM price forecast to $50, down from $90. 3. Walmart's contribution to AFRM GMV is now lower than previously estimated. 4. AFRM extended partnership with Shopify, suggesting strategic relationships. 5. Investor sensitivity to competitive pressures likely to increase.

5m saved
Insight
Article

FAQ

Why Bearish?

AFRM losing a key partnership with Walmart directly impacts revenue. Historical context shows significant stock drops after losing major clients, such as Synchrony.

How important is it?

Losing Walmart affects revenue forecasts, influencing investor sentiment and stock price. Recent partnerships and analyst updates provide mixed signals.

Why Short Term?

Immediate revenue impacts are expected from the loss of Walmart. However, long-term benefits from Shopify and e-commerce growth could mitigate effects.

Related Companies

Related News