On August 19, Affirm Holdings, Inc. rose 5.16% in regular trading, trading at $77.46/share, with turnover of $47.56 million. The rally was driven by a combination of upcoming quarterly earnings and multiple investment banks raising their price targets on the stock.

Affirm Holdings, Inc. is scheduled to report fiscal Q4 earnings on August 27 after market close, with consensus EPS estimated at $0.33. Multiple institutions have recently issued bullish calls, including Bank of America raising its price target to $93 from $88, and Bernstein initiating coverage with an Outperform rating. The average analyst consensus target stands at approximately $93.71 with an overweight rating.

Fundamental momentum remains strong following the prior quarter, in which the company posted revenue of $1.04 billion, exceeding estimates by approximately 4.5%, and EPS of $0.30, beating consensus by nearly 58%. The company guided Q4 revenue of $1.08 billion to $1.11 billion, roughly in line with market expectations. Additional catalysts include an expanded credit facility to $675 million extended through 2029, a $1.7 billion loan purchase agreement with CPP Investments, and a new partnership with Google to integrate payment options into Search and Gemini.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)