Affirm Holdings Inc. (AFRM) Bullish Analysis Report
Bullish Indicators for AFRM
1. Strong Q3 Performance:
- EPS: Reported $0.01 vs. a projected $0.09 loss, a $0.10 per share beat.
- Revenue: $783.14 million, up 36% YoY, driven by an 8.6 billion GMV (+36% YoY).
- Affirm Card Growth: 115% YoY growth in card adoption.
- 0% APR Loans: 44% YoY increase, showing a shift toward high-quality loan offerings.
2. Analyst Confidence:
-Susquehanna upgraded AFRM to 'Positive' with a $65 price target.
-Mizuho and J.P. Morgan maintained 'Outperform' and 'Overweight' ratings with targets of $70
3. Strategic Partnerships:
- Recently announced partnership with Costco, reasing transaction volume potential.
4. Technical Setup:
- Ascending Triangle Formation with clear resistance at $49.50.
- Watching for breakout confirmation on high volume.
- Volume spike suggests accumulation, not distribution. Trading Strategies
Entry Criteria:
- Enter above $49.50 with high volume confirmation.
- Alternatively, wait for a retest of $49.50 after the breakout.
Exit Criteria:
- Stop-loss at $48.50 if the breakout fails.
- Time stop: Exit by end of day if momentum fades.
Profit Targets:
- First Target: $51-$52
- Second Target: $55-$60
This could just be the beginning of a strong run-up if momentum holds and fundamentals remain strong
Bullish Indicators for AFRM
1. Strong Q3 Performance:
- EPS: Reported $0.01 vs. a projected $0.09 loss, a $0.10 per share beat.
- Revenue: $783.14 million, up 36% YoY, driven by an 8.6 billion GMV (+36% YoY).
- Affirm Card Growth: 115% YoY growth in card adoption.
- 0% APR Loans: 44% YoY increase, showing a shift toward high-quality loan offerings.
2. Analyst Confidence:
-Susquehanna upgraded AFRM to 'Positive' with a $65 price target.
-Mizuho and J.P. Morgan maintained 'Outperform' and 'Overweight' ratings with targets of $70
3. Strategic Partnerships:
- Recently announced partnership with Costco, reasing transaction volume potential.
4. Technical Setup:
- Ascending Triangle Formation with clear resistance at $49.50.
- Watching for breakout confirmation on high volume.
- Volume spike suggests accumulation, not distribution. Trading Strategies
Entry Criteria:
- Enter above $49.50 with high volume confirmation.
- Alternatively, wait for a retest of $49.50 after the breakout.
Exit Criteria:
- Stop-loss at $48.50 if the breakout fails.
- Time stop: Exit by end of day if momentum fades.
Profit Targets:
- First Target: $51-$52
- Second Target: $55-$60
This could just be the beginning of a strong run-up if momentum holds and fundamentals remain strong
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。