BTIG maintains Affirm stock Buy rating, $81 target amid Klarna deal

The analysts also opined on the Affirm-Walmart relationship, acknowledging that since Affirm won the partnership in 2019, the collaboration has not grown significantly. They attributed this to a lack of investment by Walmart (NYSE:WMT) and its intention to compete in the BNPL space with its own offering. BTIG does not view the end of the Walmart partnership as a negative indicator for Affirm’s other partnerships.In light of the competitive BNPL landscape, BTIG announced they will be hosting a group investor Zoom (NASDAQ:ZM) meeting with private BNPL company Sunbit on April 8. The discussion will likely cover industry dynamics and competition among BNPL players. BTIG has invited interested parties to contact their representatives to register for the event. For investors seeking deeper insights into the fintech sector and its key players, InvestingPro offers extensive financial metrics, Fair Value analysis, and expert insights across the entire industry. For investors seeking deeper insights into the fintech sector and its key players, InvestingPro offers extensive financial metrics, Fair Value analysis, and expert insights across the entire industry.

The analysts also opined on the Affirm-Walmart relationship, acknowledging that since Affirm won the partnership in 2019, the collaboration has not grown significantly. They attributed this to a lack of investment by Walmart and its intention to compete in the BNPL space with its own offering. BTIG does not view the end of the Walmart partnership as a negative indicator for Affirm’s other partnerships.In light of the competitive BNPL landscape, BTIG announced they will be hosting a group investor Zoom meeting with private BNPL company Sunbit on April 8. The discussion will likely cover industry dynamics and competition among BNPL players. BTIG has invited interested parties to contact their representatives to register for the event. For investors seeking deeper insights into the fintech sector and its key players, InvestingPro offers extensive financial metrics, Fair Value analysis, and expert insights across the entire industry.

The analysts also opined on the Affirm-Walmart relationship, acknowledging that since Affirm won the partnership in 2019, the collaboration has not grown significantly. They attributed this to a lack of investment by Walmart and its intention to compete in the BNPL space with its own offering. BTIG does not view the end of the Walmart partnership as a negative indicator for Affirm’s other partnerships.In light of the competitive BNPL landscape, BTIG announced they will be hosting a group investor Zoom meeting with private BNPL company Sunbit on April 8. The discussion will likely cover industry dynamics and competition among BNPL players. BTIG has invited interested parties to contact their representatives to register for the event. For investors seeking deeper insights into the fintech sector and its key players, InvestingPro offers extensive financial metrics, Fair Value analysis, and expert insights across the entire industry.

The analysts also opined on the Affirm-Walmart relationship, acknowledging that since Affirm won the partnership in 2019, the collaboration has not grown significantly. They attributed this to a lack of investment by Walmart and its intention to compete in the BNPL space with its own offering. BTIG does not view the end of the Walmart partnership as a negative indicator for Affirm’s other partnerships.

In light of the competitive BNPL landscape, BTIG announced they will be hosting a group investor Zoom meeting with private BNPL company Sunbit on April 8. The discussion will likely cover industry dynamics and competition among BNPL players. BTIG has invited interested parties to contact their representatives to register for the event.

In other recent news, Shopify (NYSE:SHOP) reported robust fourth-quarter results for 2024, with strong revenue growth and profit figures that exceeded expectations, according to Phillip Securities. The company saw a 31% year-over-year increase in annual revenue, driven by growth in subscription solutions and merchant solutions. Following these results, DA Davidson maintained a Buy rating on Shopify, with a price target of $150, citing the company’s strategic investments and market position as key strengths. RBC Capital Markets also raised its price target for Shopify to $145, maintaining an Outperform rating due to the company’s impressive market share expansion.

Phillip Securities adjusted its price target to $140 but downgraded its rating to Accumulate, reflecting Shopify’s recent stock performance despite its strong financial results. In another development, Shopify expanded its partnership with Affirm, solidifying Affirm as the exclusive provider of Shop Pay Installments in the U.S. and Canada, with plans to enter the UK market. This partnership aims to enhance payment options for Shopify merchants and is expected to foster further growth within Shopify’s ecosystem. Analysts at DA Davidson and RBC Capital Markets expressed optimism about Shopify’s future growth potential, emphasizing the company’s strategic focus on international markets and enterprise solutions. These developments highlight Shopify’s ongoing efforts to strengthen its position in the e-commerce industry.

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