Susquehanna Lifts PT on Affirm Holdings (AFRM) Stock

Affirm Holdings, Inc. (NASDAQ:AFRM) is one of the 7 Best Stocks to Buy According to Abdiel Capital Advisors. On July 23, Susquehanna lifted the price target on the company’s stock to $76 from $65, while keeping a “Positive” rating, as reported by The Fly. While it lifted the target, it reduced its estimates as data reflects strong volume, and they are maintaining their high TPV. Furthermore, supply is abundant in the private credit markets, and as adoption of BNPL grows mainstream, it is moving up market, where investors can expect higher adoption among the affluent.

Susquehanna Lifts PT on Affirm Holdings (AFRM) Stock

A close-up view of a payment terminal, capturing the sophistication of a payment network.

In Q3 2025, Affirm Holdings, Inc. (NASDAQ:AFRM)’s Gross Merchandise Volume (GMV) saw an increase of 36% to $8.6 billion, and growth ramped up as it exited the quarter, with GMV in March rising 40%. Notably, the growth was broad-based with contributions from its largest merchant partner, wallet partners, direct-to-consumer offerings such as Affirm Card, and the remainder of the business. Affirm Holdings, Inc. (NASDAQ:AFRM)’s GMV from its top 5 merchants and platform partners collectively increased 31%. The company’s total revenue rose 36% to $783 million. Notably, the revenue as a percentage of GMV stood at 9.2%, the same as in Q3 2024.

Affirm Holdings, Inc. (NASDAQ:AFRM) operates the payment network.

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.