Affirm's stock could fall 40% in 2024 after soaring 400% this year, analysts say
Affirm(AFRM) Market Watch·2023-12-28 12:01
Wall Street analysts seem to like buy-now-pay-later services company Affirm Holdings Inc., but most of them expect the stock to pull back — a lot — in 2024 after rocketing more than five-fold this year.The financial technology company has benefited immensely during the holiday months, as a growing number of consumers, who have grown weary of inflation and rising borrowing costs, have embraced the delayed-payment options provided by BNPL providers.Affirm’s stock AFRM, -1.70% has rocketed 420.7% year to date ...