US Stock Market News | Affirm Holdings Continues Last Week's Rally After Wedbush Upgrades Rating and Target Price
On Monday, Affirm Holdings' stock price continued its upward trend from last week, rising over 4% to $48.89 as of the time of publication. It has risen over 63% in the past 60 days. Wedbush stated that Affirm Holdings will benefit from a lower interest rate environment, leading to lower funding costs and growth in GMV. Wedbush now expects Affirm Holdings to have a loss of $0.23 per share in the 2025 fiscal year, lower than the previous forecast of a loss of $0.6 per share, and raised its profit forecast for the company's 2026 fiscal year from $0.8 to $0.87 per share. The firm also upgraded its rating on Affirm Holdings to "Neutral" and raised the target price to $45
According to the Zhitong Finance and Economics APP, on Monday, Affirm Holdings (AFRM.US) continued its upward trend from last week. As of the time of publication, the stock rose by over 4% to $48.89. It has risen by over 63% in the past 60 days. Wedbush stated that Affirm Holdings will benefit from a lower interest rate environment, leading to lower funding costs and growth in GMV. Wedbush now expects Affirm Holdings to have a loss of $0.23 per share in the 2025 fiscal year, lower than the previous forecast of a loss of $0.6 per share, and has raised its profit forecast for the company's 2026 fiscal year from $0.8 to $0.87 per share. The firm has also upgraded its rating on Affirm Holdings to "Neutral" and raised the target price to $45