AFRM ▲ +11.3% - Affirm Holdings, Inc.
$AFRM Bank of America analyst Matthew O’Neill raised $AFRM’s 12-month price target to $104 from $93 and maintained a buy rating following fiscal fourth-quarter results. The Details: • Price target: The new $104 target implies 34% upside from Thursday’s market close. • Guidance beat: Affirm expects current-quarter revenue of $1.19 billion to $1.22 billion, topping FactSet consensus of $1.16 billion. • Future catalysts: Bank of America cited potential drivers including a bank charter and brand-sponsored promotions. • Stock move: Affirm shares rose about 13% in early premarket trading Friday.
Affirm shares jumped 11.3% today following a Bank of America analyst upgrade that raised the stock's 12-month price target to $104 from $93, implying 34% upside from the previous close. The upgrade came after the company's fiscal fourth-quarter results beat expectations, with current-quarter revenue guidance of $1.19-$1.22 billion exceeding analyst consensus. BofA cited potential catalysts including a potential bank charter and brand-sponsored promotions as reasons for the more bullish outlook.
28-AUG-2026 09:01 AM ET
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