Movement Alert|Affirm Holdings, Inc. Rises 5.06% in Regular Trading, Continues Rally as Multiple Firms Raise Price Targets Following Strong Q4 Beat

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On September 11, Affirm Holdings, Inc. rose 5.06% in regular trading, trading at $71.43 USD/share, with turnover of $153 million. The stock rebounded after a 5% pullback earlier in the week, driven by sustained bullish momentum following a significant Q4 earnings beat and a wave of analyst target price increases.

Affirm reported fiscal Q4 EPS of $4.62, crushing the consensus estimate of $0.36 by over 1,100%. Revenue came in at $1.17 billion versus the $1.11 billion estimate, while GMV surged 36% to $14.1 billion. The company also issued upbeat Q1 revenue guidance of $1.19 billion to $1.22 billion, above the $1.16 billion consensus. BofA Securities maintained a buy rating, noting that Q4 provision density movements reflected product and funding mix shifts rather than credit deterioration. RBC Capital Markets raised its price target to $96 from $80, highlighting Affirm's unique ability to balance stakeholder interests in the BNPL space. UBS raised its target to $90, citing sustained GMV growth momentum and Affirm Card GMV surging approximately 124%. Scotiabank also initiated coverage at Sector Outperform. The average analyst price target now stands at approximately $100.

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