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

Stock Track12-21 00:16

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.

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(AFRM) stock soared 5.06% in Friday's intraday trading session amidst positive developments for the buy-now-pay-later company.\nA key catalyst was Affirm's expanded partnership ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AFRM","symbol_name":"Affirm Holdings, Inc.","start_time":0,"source_url":"","article_id":"1150659608","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1150659608","pubTimestamp":1734711389,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Affirm Holdings Inc.  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. 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