FMP

FMP

Enter

Affirm Holdings, Inc. (NASDAQ:AFRM) shares were trading 32% higher today following the company’s reported Q4 results, with gross merchandise volume (GMV) growin

Affirm Holdings Shares Up 32% Following Q4 Results

Sep 10, 2021 7:17 PM - Davit Kirakosyan

twitterlinkedinfacebook
blog post cover photo

Image credit: FMP

Affirm Holdings, Inc. (NASDAQ:AFRM) shares were trading 32% higher today following the company’s reported Q4 results, with gross merchandise volume (GMV) growing 106% year-over-year to $2.5 billion, beating the consensus estimate of $2.34 billion, and revenue growing 71% year-over-year to $262 million, again higher than the Street estimate of $224 million. The company provided its outlook for the full 2022-year, expecting GMV of $12.45 billion–$12.75 billion and revenue of $1.16 billion–$1.19 billion, compared to the consensus estimates of $12.0 billion and $1.16 billion.

Despite headwinds associating with Peloton in 2022, guidance was better than expected and excludes the company’s new partnership with Amazon & its new AFRM Debit+ product.

Analysts at RBC Capital increased their price target on the company’s shares to $130 from $124 following the quarterly results, increasing their full 2022-year and 2023-year revenue estimates to $1,178 million and $1,639 million from $1,101 million and $1,458 million, respectively.

Other Blogs

Sep 11, 2023 - Rajnish Katharotiya

Industry Analysis with Python

During this post we are going to perform an industry analysis with Python. We will build, analyse and compare all stocks operating within an industry. To do so, we will pick an industry and get all important financial metrics for companies operating in that industry. Then, we will use a couple of fi...

blog post title

Sep 11, 2023 - Rajnish Katharotiya

P/E Ratios Using Normalized Earnings

Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...

blog post title

Sep 11, 2023 - Rajnish Katharotiya

Portfolio Risk and Returns with Python

Would you like to know how your portfolio is performing and how much risk you are taking? In this post, you will learn how to measure portfolio risk and calculate portfolio returns using Python. We will see step by step how to calculate the risk and returns of a portfolio containing four stocks Appl...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep