Affirm Holdings Inc AFRM stock gained after B of A Securities analyst Jason Kupferberg upgraded the stock from Neutral to Buy with a price target of $36.Kupferberg noted GAAP profitability may be closer than expected by consensus.The analyst said the fourth-quarter print and guide could be a positive catalyst, and fiscal 2025 forecasts seem achievable.Also Read: Affirm Faces Regulatory Shake-Up with New CFPB RulesA lower interest rate regime should also support RLTC (revenue minus transaction costs, the mos ...

Affirm Holdings (AFRM) ended the recent trading session at $26.84, demonstrating a -0.96% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a loss of 0.12%, and the technology-centric Nasdaq increased by 0.07%.Shares of the operator of digital commerce platform witnessed a loss of 10.3% over the previous month, trailing the performance of the Business Services sector with its loss of 0.96% and the S&P 500 ...

With the Consumer Financial Protection Bureau (CFPB) winding down its commentary period for potential buy now, pay later regulations, Affirm Friday (July 26) submitted a detailed response advocating for adjustments that it says will better accommodate the unique aspects of BNPL products.The CFPB’s proposed Interpretive Rule under the Truth in Lending Act (TILA) and Regulation Z aims to extend consumer protection measures similar to those for traditional credit cards. While Affirm’s filing supports the CFPB’ ...

Affirm Holdings (AFRM) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the s ...

Affirm Holdings (AFRM) closed the latest trading day at $29.54, indicating a -0.24% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.55%. Elsewhere, the Dow gained 0.62%, while the tech-heavy Nasdaq added 0.63%.The operator of digital commerce platform's stock has dropped by 11.43% in the past month, falling short of the Business Services sector's gain of 0.56% and the S&P 500's gain of 4.28%.The investment community will be paying close attention to the ...

Affirm Holdings, Inc. (AFRM) recently announced that the personal information of its cardholders may have been compromised in the Evolve Bank and Trust’s cyber-attack last week. The cybercriminals involved in this breach are the gang of LockBit, who published the stolen data on the dark web. Evolve, a third-party issuer, issues Affirm’s cards, providing a buy now pay later option to 18 million customers.Affirm has clarified that its systems remain secure. However, data shared with Evolve Bank for card issua ...

Fintech stocks are fascinating because of their sensitivity to artificial intelligence (AI) developments or Big Tech partnerships. But for the most part in 2024, the heavy hitters in the sector have been asleep at the wheel. Though many of the high-profile stocks are swimming in red ink, fintech is still an industry to keep an eye on every month or so, to see if entry points are too enticing to pass up.One of the original fintech stocks, PayPal Holdings Inc (NASDAQ:PYPL), was last seen down 0.8% at $57.57. ...

Affirm TodayAFRMAffirm$30.21 -0.25 (-0.82%) 52-Week Range$12.81▼$52.48Price Target$32.66Add to WatchlistAffirm Holdings Inc. NASDAQ: AFRM is a leader in the buy-now-pay-later (BNPL) industry. They provide installment loans to consumers, enabling them to split purchases into smaller payments. This is a win-win for merchants as they make more sales and customers as they can afford to purchase items that may have been previously too cost-prohibitive to pay for upfront. Historically, the stock has rallied into ...

Fintech stocks continue to hold immense potential for delivering solid gains to investors. These companies are at the forefront of revolutionizing how we transact and think about money. And this includes the advent of cryptocurrencies like Bitcoin (BTC-USD). As we witness ongoing disruption in the monetary system, fintech stocks are paving the way forward. To capitalize on these fundamental shifts, I’ve researched three fintech stocks that strike the right balance between risk and reward. Often overlooked i ...

The most recent trading session ended with Affirm Holdings (AFRM) standing at $30.21, reflecting a -0.82% shift from the previouse trading day's closing. This move lagged the S&P 500's daily loss of 0.41%. On the other hand, the Dow registered a loss of 0.12%, and the technology-centric Nasdaq decreased by 0.71%.Heading into today, shares of the operator of digital commerce platform had gained 3.75% over the past month, outpacing the Business Services sector's gain of 0.6% and the S&P 500's gain of 3.53% in ...