AFRM
NASDAQ · Financial Services
Affirm Holdings Inc
$75.25
-1.33 (-1.74%)
AFRM News30 articles
SoFi Stock Surges 13% as Profitability Targets Take Center Stage
SoFi shares jumped 13% on strong Q2 and improved outlook, but the market watches whether the company can deliver on its second-half profitability goals.
Sezzle Stock Plunges 34% as Q2 Beat Fails to Offset Slowing Growth Forecast
Sezzle shares tumbled 34% after Q2 results beat estimates but guidance signaled slower H2 growth, with revenue growth forecast at 35% for the year.
SoFi Stock Rebounds on Deposit Cost Advantage Ahead of Q2 Report
SoFi shares rebounded 5.5% from a session low, closing midday up 0.4%. Deposit funding advantages, saving $621.8M annually, support 75% of 2026 adjusted net income target.
Block's Cash App Borrow Hits $27B, Reshaping Profit Mix
Block's Cash App Borrow originations surpassed $27 billion, with financial solutions driving 72% of gross profit growth. The lending business now accounts for 44% of consumer loan originations.
SoFi Stock Faces Key $22.41 Level Ahead of CPI, Earnings
SoFi Technologies (SOFI) starts the week at $18.78, with a 19.3% gap to its $22.41 convertible note conversion price, as CPI data and Q2 earnings approach.
SoFi Stock Dips After ETF Launch, Q2 Results in Focus
SoFi shares dropped 2% following the debut of its new ETF, with market attention shifting to the company's upcoming Q2 earnings report.
SoFi Technologies Faces Key Test with Q2 Earnings and $22.41 Conversion Hurdle
SoFi Technologies faces a pivotal July 29 earnings report with its stock trading 17% below the $22.41 conversion price on $428 million in convertible notes due 2026.
Affirm surges 10% as Prime Day spending beats expectations, boosting BNPL outlook
Affirm shares surged 9.9% after Amazon Prime Day first-day sales beat forecasts, with buy now, pay later expected to finance $2.04 billion in purchases, up 5.5% year-over-year.
SoFi Shares Dip 3.6% as CEO's Buying Average and Funding Costs Take Center Stage
SoFi Technologies (SOFI) shares slid 3.6% to $17.26, nearly matching CEO Anthony Noto's 2026 open-market buying average, as investors weighed insider buying and deposit funding strength.
SoFi Rallies 8% Before Juneteenth, CEO Insider Buy and Shareholder Votes Boost Sentiment
SoFi shares gained 8% for the week ending June 18, closing at $17.91, after CEO Anthony Noto bought 13,888 shares and shareholders approved key proposals at the annual meeting.
SoFi CEO Insider Buy Boosts Stock Amid Fintech Rally
SoFi shares closed 2.8% higher at $17.91 after CEO Anthony Noto bought 13,888 shares. The fintech sector rallied, but the company kept its 2026 revenue forecast unchanged.
SoFi Holds Steady as Risk-Off Mood Grips Markets
SoFi stock holds near $16.47 in premarket as Wall Street turns defensive amid inflation concerns and geopolitical tensions.
SoFi Gains Premarket as Stablecoin Launch Nears for 15M Users
SoFi Technologies shares rose 2.14% in premarket Monday to $18.61, building on a 17% surge last week driven by excitement over the SoFiUSD stablecoin launch for nearly 15 million members.
SoFi Launches Bank-Backed Stablecoin for Retail Users, Expanding Crypto Reach
SoFi Technologies launches its bank-issued SoFiUSD stablecoin for nearly 15 million app users, expanding crypto services beyond enterprise clients. Shares trade at $16.17.
SoFi Stock Drops 45% in 2026 as Loan Platform Concerns Mount
SoFi Technologies reported record Q1 results but shares remain under pressure, down 45% in 2026, as loan platform volume drops and guidance stays flat.
SoFi Holds Steady as Traders Pivot to PCE Data
SoFi shares ended the week nearly unchanged at $15.62, with traders focused on Thursday's PCE inflation report for clues on rate direction.
SoFi Acquires Peach Finance in Quiet Tech Platform Push
SoFi acquires Peach Finance to strengthen its technology platform. Shares closed at $15.62, nearly unchanged, as investors assess the deal's impact on B2B growth.
SoFi Shares Flat as Market Weighs Record Loan Growth Against Rate Risk
SoFi shares slipped 0.2% to $15.66 as record Q1 loan originations and net income were offset by unchanged 2026 guidance and rising bond yields.
SoFi shares flat after record Q1, tech platform revenue drops 27%
SoFi shares were flat Monday after record Q1 results, with net revenue up 43% to $1.10B but technology platform revenue down 27%.
SoFi Technologies Faces Pivotal Week After Volatile Friday Close
SoFi Technologies shares slipped 2.56% to $15.61 on Friday, entering a crucial week as the company prepares to present at J.P. Morgan's tech conference.
SoFi Stock Dips 2.6% on PrimaryBid Deal as Market Eyes Rate Headwinds
SoFi Technologies shares fell 2.6% after acquiring PrimaryBid's technology assets. The deal aims to boost retail IPO access but comes amid rising net charge-offs and unchanged 2026 guidance.
Klarna Reports First Profit Post-IPO, Tepid Q2 Guidance Caps Rally
Klarna achieved its first quarterly profit since going public, but softer Q2 guidance tempered investor enthusiasm. Revenue surged 44% to $1 billion.
PayPal Stock Flat as Truist Cuts Target, Flags Margin Pressure
PayPal shares remain near $45 after Truist lowered its target to $44, citing higher rewards costs and sluggish international payment volume. Q1 TPV grew 11% but Q2 guidance points to margin pressure.
Figure Technology Surges as Q1 Loan Volume Rekindles Growth Debate
Figure Technology shares surged 3.7% premarket after Q1 consumer loan marketplace volume jumped 113% to $2.9B and net revenue rose 98% to $167M. Q2 guidance of $3.8-$4.1B beat expectations, and Jefferies raised its price target to $43.
SoFi Shares Steady at $16 Despite Record Q1, Guidance Hold Raises Concerns
SoFi shares hover near $16 after record Q1 revenue of $1.1B, but unchanged 2026 guidance and credit worries keep investors cautious.
SoFi Q1 Earnings: Loan Growth and Home Lending Push in Focus
SoFi Technologies reports Q1 earnings on April 29, with management guiding for $1.04B in adjusted net revenue and EPS of $0.12. The company's new digital HELOC and Real Estate Advisory Council signal a push into home lending.
SoFi Shares Dip Ahead of Q1 Report as Investors Await $1 Billion Revenue Test
SoFi Technologies shares fell Tuesday as the market positioned for next week's first-quarter earnings report. The fintech must demonstrate it can sustain momentum after achieving $1 billion in quarterly revenue last year.
SoFi Shares Gain Ahead of Critical Q1 Report Amid Accounting Scrutiny
SoFi Technologies shares climbed 2.1% Friday to $19.43 on heavy volume ahead of its April 29 earnings report. The fintech faces its first major update since short seller Muddy Waters questioned its accounting in March.
SoFi Shares Decline Amid Analyst Target Cuts Ahead of Q1 Report
SoFi Technologies shares dropped nearly 2% after analysts at KBW and Wells Fargo reduced their price targets. The financial technology company faces scrutiny over its loan portfolio ahead of its first-quarter earnings report later this month.
SoFi Shares Slide Amid Short-Seller Allegations and Analyst Defense
SoFi Technologies shares declined 3.7% to $15.94 amid ongoing pressure from short-seller allegations about undisclosed debt. The company has denied the claims while CEO Anthony Noto purchased shares and Mizuho maintained its bullish outlook.