business
BofA Hikes Affirm Price Target to $88: Clean Beat and Raise Sets Up the May 12 Investor Day
Key takeaways
- Affirm’s valuation at 37x forward P/E already prices execution, so upside hinges on durable GMV growth and unit economics rather than multiple expansion.
- The analyst who called NVIDIA in 2010 just named his top 10 stocks and Affirm wasn t one of them.
- Affirm (NASDAQ:AFRM) stock closed at $64.01 on May 8, with shares trading near $62 intraday Monday.
Bof A Hikes Affirm Price Target to $88: Clean Beat and Raise Sets Up the May 12 Investor Day David Moadel Mon, May 11, 2026 at 9:45 PM GMT+7 3 min read AFRM BAC Quick Read Bank of America raised Affirm’s (AFRM) price target to $88 from $82 on strong Q3 beat-and-raise results and maintained its Buy rating.
Affirm’s valuation at 37x forward P/E already prices execution, so upside hinges on durable GMV growth and unit economics rather than multiple expansion.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Affirm wasn t one of them. Get them here FREE.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop