As of the time of publication, the stock rose by more than 4%, to $48.89.
According to the Intelligent Finance and Economics APP, on Monday, Affirm Holdings (AFRM.US) continued last week's upward trend, with the stock rising by more than 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 the lower interest rate environment, resulting in lower cost of funds and growth in GMV. Wedbush now expects Affirm Holdings to incur a loss of $0.23 per share in fiscal year 2025, lower than the previous forecast of $0.60 per share, and raised the profit forecast for the company's fiscal year 2026 from $0.80 to $0.87 per share. The bank also upgraded its rating of Affirm Holdings to 'Neutral' and raised the target price to $45.
