** Buy now, pay later lender Affirm's AFRM.O shares fall 7% to $50.45 before the bell

** AFRM late Thursday forecast Q4 revenue largely below Wall Street expectations

** Co expects gross merchandise value $(GMV.AU)$ growth to moderate in Q4 from levels observed in April

** "We observed an increase in GMV growth rate during the final week of March through the month of April, possibly due to macroeconomic conditions," AFRM says

** Seaport Research analyst Jeff Cantwell says revenue growth is decelerating for AFRM in the backdrop of investor concerns around the outlook for consumer spending

** "When it's a high-multiple name (such as AFRM) and when its revenue growth is trending in the wrong direction (slower), typically the stock trades down post-print," Cantwell says

** 14 of 24 brokerages rate stock "buy" or higher and 10 "hold"; median PT $65.12 - data compiled by LSEG

** As of last close, AFRM stock down 11% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))