Vincent Caintic, an analyst from BTIG, maintained the Buy rating on Affirm Holdings (AFRM – Research Report). The associated price target remains the same with $81.00.
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Vincent Caintic has given his Buy rating due to a combination of factors indicating a robust outlook for Affirm Holdings. Affirm’s updated guidance for fiscal year 2025 surpasses consensus expectations, particularly with RLTC margins now consistently above 4%. This suggests enhanced profitability, which is a distinguishing factor in the current market where other fintech companies have struggled to balance growth and profitability. Affirm’s ability to achieve both strong volume growth and excellent profitability margins sets it apart from its peers.
Furthermore, Affirm’s strategic positioning benefits from the pullback of traditional credit card usage, enabling it to capture greater market share with a 35% year-over-year GMV growth. The company’s operating income margins have exceeded expectations, demonstrating its efficiency and effectiveness in maintaining profitability margins stronger than anticipated. With EPS and revenue also surpassing consensus, and a favorable valuation outlook, Affirm’s financial performance and strategic advantages underpin Vincent Caintic’s Buy rating.
In another report released today, Barclays also maintained a Buy rating on the stock with a $75.00 price target.