Affirm Holdings (AFRM) impresses investors with strong Q1 earnings, beating expectations and raising GMV forecast. The fintech company’s revenue grew 34% year-over-year to $933.3 million, with GMV up 42% to $10.8 billion. Affirm also reported a profit of $0.23 per share and raised its guidance for fiscal 2026.

Affirm’s success is attributed to its BNPL model, shaking up traditional credit card systems. With partnerships like New York Life and Amazon, the company’s active consumer base grew to 24.1 million. Analysts are bullish on AFRM, with a “Moderate Buy” rating and an average price target of $95.18, hinting at a 20% upside.

Post-earnings, Affirm saw a surge in its stock price, with Bank of America raising its price target to $98. However, Morgan Stanley expressed concerns over stretched valuations. Wall Street sentiment overall remains optimistic, with analysts confident in the company’s growth potential and a 45% upside potential to $115.

Read more at Yahoo Finance: Should You Buy the Post-Earnings Pop in Affirm Stock?