Affirm (AFRM) Stock Jumps 12% as CFO Signals Strong Holiday Demand
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TLDR Affirm stock jumped nearly 12% on Tuesday after CFO Rob O’Hare provided upbeat commentary during a company fireside chat O’Hare said quarter-to-date trends are favorable heading into the holiday season, with customer delinquency rates remaining stable Evercore ISI analyst Adam Frisch reiterated his outperform rating and $95 price target on the stock The CFO dismissed recent third-party volume data showing weakness, calling it unreliable due to serious tracking errors Analysts expect Affirm to deliver 31% year-over-year growth in gross merchandise value for the current quarter Affirm Holdings saw its stock price race higher on Tuesday, closing up nearly 12% after positive commentary from company leadership and renewed analyst support. Affirm Holdings, Inc., AFRM The buy-now-pay-later company got a boost from CFO Rob O’Hare, who spoke at a fireside chat hosted by the firm. His remarks painted an optimistic picture of the business heading into the crucial holiday shopping period. O’Hare told investors that quarter-to-date trends are looking quite favorable for Affirm. The timing matters because the holiday season represents a particularly important period for retail spending and payment services. The CFO also addressed credit quality concerns, noting that customer delinquency rates were staying level. That’s good news for a company whose business model depends on consumers paying back their loans on time. The positive management commentary quickly caught the attention of Wall Street. Evercore ISI analyst Adam Frisch responded by reiterating his outperform rating on the stock, which translates to a buy recommendation. Frisch maintained his $95 price target for Affirm shares. That figure represents substantial upside from current trading levels and signals confidence in the company’s growth trajectory. Questionable Data Gets Pushback Part of Tuesday’s rally stemmed from O’Hare’s direct challenge to recent negative data about Affirm. Third-party reports had suggested the company was seeing week-over-week declines in…
Filed under: News - @ December 17, 2025 1:22 pm