Top Wall Street analysts have adjusted their price targets and ratings for several key companies, including JPMorgan Chase, Affirm Holdings, and Snap Inc. These changes reflect shifting market sentiment and analyst perspectives on the future performance of these businesses. Read on for a detailed breakdown of the latest analyst moves.
Affirm Holdings, the buy now, pay later (BNPL) company, saw its stock rise after reporting strong fourth-quarter results and a bullish outlook. CEO Max Levchin claimed to have outperformed rivals like Klarna, citing favorable consumer trends. The company expects profitability by 2025 and analysts are optimistic about its growth potential.
Block Inc.’s (SQ) shares are trading higher on Thursday, fueled by the positive performance of peer Buy Now, Pay Later (BNPL) company Affirm Holdings, Inc. (AFRM). Affirm’s strong quarterly results, including revenue growth of nearly 50% year-over-year and upbeat guidance, have boosted sentiment in the BNPL sector.
Affirm Holdings Inc. (AFRM) shares surged after the company reported strong fourth-quarter earnings, exceeding analyst expectations, and issued optimistic first-quarter guidance. The company also highlighted significant growth in transactions and active merchants.
