- Affirm Holdings considers relocating its incorporation from Delaware, opting for Nevada or Texas.
- Analysts predict a significant upside for AFRM, with price targets potentially reaching $85.00.
- Current GuruFocus metrics suggest an attractive value proposition for investors.
Affirm Holdings (AFRM, Financial), a dynamic fintech company headquartered in San Francisco, is contemplating a relocation of its incorporation to either Nevada or Texas. This potential move, pending shareholder approval, is part of a larger trend of businesses shifting away from Delaware. CEO Max Levchin, wielding considerable voting influence, is a key driver in this strategic decision.
Wall Street Analysts Forecast
According to forecasts by 21 analysts, Affirm Holdings Inc (AFRM, Financial) has an average one-year price target of $66.28, with projections ranging from a high of $85.00 to a low of $45.00. This suggests a compelling potential upside of 56.86% from the current price of $42.26. For a deeper dive into these projections, visit the Affirm Holdings Inc (AFRM) Forecast page.
The consensus recommendation from 25 brokerage firms rates Affirm Holdings Inc (AFRM, Financial) at an average of 2.3, indicating an "Outperform" status. It's important to note that this rating scale spans from 1 to 5, where 1 stands for Strong Buy and 5 represents Sell.
On the basis of GuruFocus estimates, the projected GF Value for Affirm Holdings Inc (AFRM, Financial) in the coming year is $50.45. This implies an upside of 19.39% compared to the current price of $42.255. The GF Value reflects an estimate of the stock's fair value, calculated using historical trading multiples alongside past growth and future performance projections. For more detailed metrics, please visit the Affirm Holdings Inc (AFRM) Summary page.
