US Stock Market News | Affirm Holdings Continues Last Week's Rally After Wedbush Upgrades Rating and Target Price

On Monday, Affirm Holdings' stock price continued its upward trend from last week, rising over 4% to $48.89 as of the time of publication. It has risen over 63% in the past 60 days. Wedbush stated that Affirm Holdings will benefit from a lower interest rate environment, leading to lower funding costs and growth in GMV. Wedbush now expects Affirm Holdings to have a loss of $0.23 per share in the 2025 fiscal year, lower than the previous forecast of a loss of $0.6 per share, and raised its profit forecast for the company's 2026 fiscal year from $0.8 to $0.87 per share. The firm also upgraded its rating on Affirm Holdings to "Neutral" and raised the target price to $45