Earnings Calendar (03Feb2025)
Some interesting earnings include Palantir, Tyson, Amazon, Disney, Alphabet and Affirm.
Let us look at Affirm - one of the Buy Now Pay Later (BNPL) companies
The Technical Analysis is recommending a “Strong Buy”. The Analysts’ Sentiment has a “Buy” rating with a price target of $66.06. This implies an upside of 8.17% from the current price of $61.07.
Observations for Affirm:
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The revenue grew from $264M in 2019 to $2,323M in 2024.
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The gross profit grew from $156M in 2019 to $1,478M in 2024.
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The operating profit remained at a loss since 2019.
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The business has yet to break even since 2019. But the operating loss has been improving.
The forecast of EPS and revenue for Affirm is -0.162 and $805.62M respectively. I would monitor the stock till it can break even.
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