Affirm Holdings Soars 25% on Q4 Earnings, Google Partnership

Affirm Holdings, Inc. (NASDAQ: AFRM) shares rose sharply as investors responded to the company's strong fiscal Q4 results, upbeat guidance for FY 2026, and a significant partnership deal.

Affirm Holdings, Inc. has seen a surge in its stock price due to several key developments. The company's fiscal Q4 2025 results showcased a 43% year-over-year increase in gross merchandise volume to $10.4 billion, along with a major turnaround to operating profitability. This strong performance has bolstered investor confidence in the company's future prospects.

One of the major catalysts for the stock's rise is the expanded partnership with Google Pay, which now offers payment options on the Google Chrome browser. This collaboration is expected to drive significant growth for Affirm, as it expands its reach and enhances its competitive edge in the financial technology sector. Additionally, the company's strategic moves with Boot Barn have further solidified its position as a dominant pay-over-time provider in major retail sectors.

Analysts have also played a role in the stock's upward trajectory, with JPMorgan boosting its price target to $91. This reflects optimism about spending patterns and a potential revenue increase for the upcoming quarter. The positive sentiment from financial analysts, coupled with the company's strategic expansions, underscores Affirm's adaptability and growth potential in the current market landscape.