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Stock impact report

Affirm (AFRM)'s “Having an Amazing Quarter,” Says Jim Cramer [Yahoo! Finance]

Affirm Holdings, Inc. - Class A (AFRM) 
Company Research Source: Yahoo! Finance
Affirm Holdings, Inc. (NASDAQ:AFRM) is a financial technology company whose shares are up by 21% year-to-date. Recently, Bank of America trimmed the firm's share price target to $97 from $98 and kept a Buy rating, The Fly reported. BofA's coverage came after Wolfe Research had initiated coverage of Affirm Holdings, Inc. (NASDAQ:AFRM)'s shares. It had set a Peer Perform rating and a fair value range of $72 to $82 for year-end 2026. Wolfe pointed out that Affirm Holdings, Inc. (NASDAQ:AFRM) has a strong buy-now-pay-later platform and products such as 0% annual percentage loans. In a recent fireside chat, the firm's CFO, Rob O'Hare, dismissed reports of weak loan origination as he commented that they had suffered from tracking errors for the fourth quarter. While the analysts at BofA have trimmed Affirm Holdings, Inc. (NASDAQ:AFRM)'s share price target, Cramer continues to be a believer in the company. He has previously remarked that the firm has been his “favorite,” and in this appeara Show less Read more
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