On November 11, Affirm Holdings, Inc. rose 4.01% in Regular Trading, trading at $68.41 per share, with turnover of $61.95 million.
The move aligned with renewed focus on the company’s stronger-than-expected quarterly results, above-consensus revenue guidance, and raised full-year GMV target, which supported a rebound in the shares.
Affirm Holdings, Inc. previously reported quarterly revenue of $1.26 billion versus expectations of $1.21 billion and EPS of $0.47 versus $0.38 expected. It guided fiscal Q2 revenue to $1.435 billion-$1.465 billion, above the $1.43 billion consensus, and lifted its full-year GMV target to more than $65.25 billion from more than $64.0 billion. Recent analyst actions were also broadly supportive, including a higher $109 price target from BofA, although investors are still monitoring the 30-day delinquency rate, which was reported at 2.9%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)