Affirm Stock Just Scored an Upgrade. Here's What to Know.

Compass Point upgraded Coinbase (COIN) to Neutral with a $177 price target, up from $130. Other upgrades include 4D Molecular Therapeutics (FDMT), Affirm (AFRM), Chime Financial (CHYM), and Bullish (BLSH) by their respective analysts. COIN closed at $175.26 on Friday.

Wolfe Research upgraded Affirm Holdings (AFRM) to outperform with a $90 price target, citing strong fundamentals and growth opportunities. AFRM shares have fallen 8% since Aug. 27, underperforming competitors and the S&P 500. Analyst Darrin Peller highlights Affirm's share gains, card momentum, and international expansion potential.

Goldman Sachs and other firms raised their price targets for Affirm (AFRM), with a mean target of $99.48 and a high of $124. The company reported strong Q4 results, with interest income up 30% YOY and net income reaching $1.6 billion. Growth was driven by the Affirm Card, which saw active cardholders double and GMV surge 124%. The company also has significant growth potential in expanding its merchant network and new markets.

AI agents are increasingly involved in commerce, with companies like FICO, Shopify, Visa, Amazon, and Affirm playing key roles. FICO's Q3 revenue grew 41%, Shopify's AI-driven orders tripled, Visa's net revenue rose 14%, Amazon's Alexa interactions jumped 5x, and Affirm's GMV surged 35%. These companies are positioned to benefit from the trust and infrastructure needed for agentic commerce, with shares showing mixed performance year-to-date.

Affirm (AFRM) shares fell 4.7% after Loop Capital initiated coverage with a Buy rating and $105 target, despite broader fintech weakness. The stock later recovered slightly to $68.85. Affirm reported Q2 2026 revenue of $1.17B, up 33% YoY, and beat EPS estimates. The company projects Q3 2026 revenue of $1.21B, above analyst expectations. AFRM is down 7% YTD and 25.3% from its 52-week high.

Loop Capital initiated coverage of Affirm with a buy rating and $105 price target, citing strong growth potential. Analyst Reginald Smith highlighted Affirm's $50B+ annual GMV, 27M consumers, and 500K+ merchants, with room for 25%+ growth. Affirm's Visa-branded card has 4M users and a $2.4T opportunity. Shares are down 3% YTD but up 42% in six months, with 78% of analysts rating it a buy or strong buy.