GMV News & Analysis
3 articles
Market Mood
Affirm (AFRM) Surges 6% on BofA Price Target Increase to $104
Affirm Holdings (AFRM) shares increased by 6% to $73.82 following Bank of America's raise of its 12-month price target for the company from $93 to $104. The financial advisory firm noted that Affirm’s current gross merchandise volume (GMV) guidance exceeds $64 billion, projecting at least 27% growth from $50.2 billion in fiscal 2026. In its fiscal Q4, Affirm reported GMV growth of 36% to $14.1 billion and an adjusted EPS of $4.62, surpassing estimates of $3.77. This uptick in Affirm's valuation also had a positive influence on peers such as Sezzle (SEZL) and PayPal (PYPL). Investors should note these developments as potential indicators of growth within the buy-now-pay-later sector.
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The RealReal (REAL) Q2 2026 Reports Record GMV, Expanding Margins
In Q2 2026, The RealReal (REAL) reported a record gross merchandise volume (GMV) and increased profit margins by 290 basis points (2.9%). These improvements indicate strong demand and operational efficiency. The uptick in GMV and margins is significant, as it provides insight into the company's growth trajectory, which could attract investor interest. This matters for ordinary investors as it reflects The RealReal's financial health and market positioning.
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eBay (EBAY) Posts 14% GMV Growth Amid Concerns for Second Half
eBay Inc (EBAY) reported a first-quarter GMV growth of 14% on an organic foreign-exchange neutral basis, driven by a 24% increase in Focus Categories. The company guided for GMV growth of up to 10% in Q2, but analysts at Jefferies noted potential deceleration due to diminishing one-time tailwinds. eBay raised its full-year 2026 GMV outlook to 7% to 7.5%, up from around 5.6%, but Jefferies expresses caution, noting a projected slowdown to just 3% GMV growth in the latter half of the year. The firm's 2026 EBITDA estimate was lowered to approximately $3.04 billion from $3.17 billion, reflecting concerns over margin growth.
Read More: eBay (EBAY) Posts 14% GMV Growth Amid Concerns for Second Half