TECH - Affirm Card Launch and Q4 Performance: Analyst Sees More Upside | Benzinga
Mizuho analyst Dan Dolev maintained Affirm Holdings Inc (NASDAQ: AFRM) with a Buy and raised the price target from $20 to $25.
AFRM reported a solid 4Q, with major KPIs ahead of guidance, RLTC (revenue less transaction costs) as a % of GMV maintaining within the expected 3%-4% range, and delinquencies improving again.
Dolev is particularly encouraged by the early results of the Affirm Card (previously Debit +), which he highlighted before earnings in July.
His analysis shows significant potential to drive incremental GMV growth in the medium term ...