Affirm (AFRM) Gets Buy from Evercore and William Blair, Growth Momentum in Focus

Affirm Holdings Inc. (NASDAQ:AFRM) is one of the best stocks for day trading. On September 3, Evercore ISI analyst Adam Frisch reiterated a Buy rating on the stock, with an unchanged price target of $100, implying an upside of nearly 15%. In a more recent update, on September 8, Andrew Jeffrey from William Blair also maintained his Buy rating on the stock without assigning a price target.

Affirm (AFRM) Gets Buy from Evercore and William Blair, Growth Momentum in Focus

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A day later, on September 9, Affirm Holdings Inc. (NASDAQ:AFRM) presented at Goldman Sachs’ Communicopia + Technology Conference, where CEO Max Levchin outlined the company’s growth roadmap. He highlighted that the company is reporting profitable growth with over 30% revenue growth, driven by more than 23 million active U.S. users and 50 million Americans underwritten.

Affirm Holdings Inc. (NASDAQ:AFRM) also noted that Merchant-funded 0% installment offers surged 90% last quarter. At the same time, the Affirm Card continued to gain traction, supported by partnerships like FIS that integrate its technology into existing debit cards.

The company is pushing growth by strengthening its U.S. e-commerce presence, building scale in the U.K., and entering new markets. Management also highlighted a strong lending record, with repayment rates near 98%, and sees potential in new technologies such as AI-driven shopping and automated commerce.

Affirm Holdings Inc. (NASDAQ:AFRM) is a financial technology company specializing in Buy Now, Pay Later (BNPL) services. Its platform partners with merchants to provide consumer-friendly installment options, including 0% interest offers.

While we acknowledge the potential of AFRM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AFRM and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.