Stock Track | Affirm Holdings Plunges 5.84% as Q3 Revenue Guidance Disappoints Despite Strong Q2 Earnings Beat

Stock Track
Feb 06

Affirm Holdings, Inc. (AFRM) experienced a significant 24-hour plunge of 5.84% in extended trading on Thursday, erasing gains from the regular session.

The buy now, pay later provider reported impressive fiscal second-quarter 2026 results, with earnings of $0.37 per diluted share beating the FactSet consensus estimate of $0.27. Revenue for the quarter reached $1.12 billion, also exceeding analyst expectations of $1.06 billion.

However, the stock's decline appears driven by investor concerns over the company's forward-looking guidance. Affirm projected fiscal third-quarter revenue in the range of $970 million to $1.0 billion, which aligns with or slightly trails the consensus estimate. This guidance, despite the strong Q2 performance, prompted the after-hours selloff as markets reacted to the company's near-term outlook.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10