Wall Street is positive on Affirm Holdings Inc (AFRM). On average, analysts give the stock a Buy rating. The average price target is $126, which means analysts expect the stock to decline by -14.40% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 27, which is better than 27% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating AFRM a Buy today. Find out what this means to you and get the rest of the rankings on AFRM!
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions **before** a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Affirm Holdings Inc Stock Today?
Affirm Holdings Inc (AFRM) stock is lower by -0.86% while the S&P 500 has gained 0.55% as of 11:54 AM on Friday, Oct 15. AFRM is lower by -$1.27 from the previous closing price of $148.47 on volume of 8,801,343 shares. Over the past year the S&P 500 has risen 17.13% while AFRM has gained 51.38%. AFRM lost -$1.60 per share the over the last 12 months.
Click Here to get the full Stock Report for Affirm Holdings Inc stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
