Block vs. Affirm: Which Buy Now, Pay Later Stock Does Wall Street Prefer?
From NASDAQ.: 2024-04-18 15:50:15
As inflation rises, consumers turn to BNPL options for groceries. 15 million Americans used BNPL for groceries in 2021. The BNPL market size is expected to reach $167.58 billion by 2032. Block and Affirm are top BNPL stocks. Block offers growth and convenience, with a “Strong Buy” rating among analysts, while Affirm lags slightly behind with a “Hold” rating. Block’s EPS is projected to increase significantly. Affirm anticipates adjusted operating margins to dip in the coming quarter. Block’s growth trajectory seems to outpace Affirm’s, based on analysts’ projections.
Read more at NASDAQ.: Block vs. Affirm: Which Buy Now, Pay Later Stock Does Wall Street Prefer?