Stock Track | Affirm Soars Over 5% as WooCommerce Partnership and Bullish Analyst Views Boost Outlook

Stock Track
2024-12-21

Affirm Holdings Inc. (AFRM) stock soared 5.06% in Friday's intraday trading session amidst positive developments for the buy-now-pay-later company.

A key catalyst was Affirm's expanded partnership with WooCommerce, which will make Affirm a default payment option for merchants using WooCommerce's integrated payment solution WooPayments. As reported, this will instantly enable Affirm's flexible pay-over-time plans at checkout for thousands of merchants.

Affrim's outlook was further boosted by bullish analyst views. Jefferies upgraded the stock to Buy from Hold with a $82 price target, citing trends like larger market share, margin expansion, and credit/rate tailwinds that could drive 35-50% upside to revenue and volumes through fiscal 2027. JMP Securities also upgraded Affirm to Outperform from Market Perform with a $78 target, calling it a "long-term secular winner" taking share from credit card firms.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10