RBC Capital analyst Daniel Perlin maintained a Hold rating on Affirm Holdings (AFRM – Research Report) yesterday and set a price target of $50.00. The company’s shares closed yesterday at $49.22.
According to TipRanks, Perlin is a 4-star analyst with an average return of 3.7% and a 48.51% success rate. Perlin covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, Fiserv, and IBEX.
Currently, the analyst consensus on Affirm Holdings is a Hold with an average price target of $37.70, implying a -23.41% downside from current levels. In a report released today, J.P. Morgan also maintained a Hold rating on the stock with a $41.00 price target.
See the top stocks recommended by analysts >>
The company has a one-year high of $52.48 and a one-year low of $8.80. Currently, Affirm Holdings has an average volume of 19.65M.
Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AFRM in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Affirm Holdings (AFRM) Company Description:
Affirm Holdings Inc offers a platform for digital and mobile-first commerce. It comprises a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. The firm generates its revenue from merchant networks, and through virtual card networks among others. Geographically, it generates a major share of its revenue from the United States.
Read More on AFRM:
- Affirm Stock (NASDAQ:AFRM) Slips Post Q2 Print, Analyst Foresees Recovery
- AFRM Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Affirm price target raised to $35 from $24 at Deutsche Bank
- Affirm price target lowered to $43 from $50 at Jefferies
- Affirm price target raised to $60 from $55 at Truist
