Affirm soars 14% premarket on Q4 beat, profitability return
BNPL player Affirm (AFRM) surged 14% premarket after Q4 revenue of $876 million beat estimates ($837 million). Net income hit $69.2 million vs a $45.2 million loss last year, with GMV up 43% to $10.4 billion. Active consumers grew 24% to 23 million. Fiscal 2026 GMV is guided above $46 billion. Jefferies lifted its target to $110. Retail sentiment turned 'extremely bullish.'