Affirm Holdings, Inc. (NASDAQ:AFRM) shares are trading higher Tuesday amid overall market strength following softer-than-expected PPI figures released before the opening bell.
What Else?:
Affirm announced an expanded partnership with Tekmetric to offer customers the ability to pay over time with Affirm for online and in person auto repair services.
“Consumers increasingly expect payment flexibility at checkout, with a recent Affirm survey revealing that more than half of respondents have used or would use ‘buy now, pay later’ options,” said Pat Suh, SVP of Revenue at Affirm. “By partnering with Tekmetric, we can help the auto repair shops leveraging their platform meet this consumer demand and accelerate revenue growth."
Read Next: BuzzFeed Stock Soars After Q2 Results: Here’s Why
Affirm is set to report its fourth-quarter results on Aug. 28 after the closing bell. According to estimates from Benzinga Pro, analysts expect the company to report losses of 51 cents per share and quarterly revenue of $603.661 million. The company has beat consensus estimates on the top and bottom lines for the last five quarters.
Is AFRM A Good Stock To Buy?
An investor can make a few decisions when deciding whether a stock is a good buy. In addition to valuation metrics and price action which you can find on Benzinga's quote pages – like Affirm Holdings‘s page for example – there are factors like whether or not a company pays a dividend or buys a large portion of its stock each quarter.
These are known as capital allocation programs. Affirm Holdings does not pay a dividend, but obviously has a few ways it can return value to shareholders. Feel free to search Benzinga's dividend calendar for the next company that is due to pay a dividend and determine what kind of yield you can earn for holding a share of the company.
AFRM Price Action: According to Benzinga Pro, Affirm Holdings shares are up 3.89% at $26.15 at the time of publication Tuesday.
Read Also:
Image: Courtesy of Affirm Holdings, Inc.
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
