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Compass Point gives a Neutral recommendation for Affirm Holdings Inc (AFRM)

Affirm Holdings Inc’s filing revealed that its Chief Financial Officer O’Hare Robert unloaded Company’s shares for reported $0.21 million on Jan 03 ’25. In the deal valued at $65.32 per share,3,227 shares were sold. As a result of this transaction, O’Hare Robert now holds 668 shares worth roughly $40794.76.

Then, O’Hare Robert sold 6,541 shares, generating $407,366 in total proceeds. Upon selling the shares at $62.28, the Chief Financial Officer now owns 2,963 shares.

Before that, Rabois Keith sold 16,086 shares. Affirm Holdings Inc shares valued at $1,002,413 were divested by the Director at a price of $62.32 per share. As a result of the transaction, Rabois Keith now holds 93,694 shares, worth roughly $5.72 million.

Compass Point upgraded its Affirm Holdings Inc [AFRM] rating to a Neutral from a a Sell in a research note published on January 28, 2025; the price target was increased to $61 from $20. A number of analysts have revised their coverage, including Susquehanna’s analysts, who decreased its forecast for the stock in late January from “a Positive” to “a Neutral”. William Blair began covering AFRM with “an Outperform” recommendation on January 15, 2025. JMP Securities revised its rating on December 20, 2024. It rated AFRM as “a Mkt outperform” which previously was an “a Mkt perform”.

Price Performance Review of AFRM

On Friday, Affirm Holdings Inc [NASDAQ:AFRM] saw its stock fall -1.66% to $61.07. Over the last five days, the stock has gained 9.58%. Affirm Holdings Inc shares have risen nearly 0.28% since the year began. Nevertheless, the stocks have risen 42.92% over the past one year. While a 52-week high of $73.34 was reached on 01/06/25, a 52-week low of $22.25 was recorded on 01/27/25. SMA at 50 days reached $63.74, while 200 days put it at $42.54.

Levels Of Support And Resistance For AFRM Stock

The 24-hour chart illustrates a support level at 59.70, which if violated will result in even more drops to 58.32. On the upside, there is a resistance level at 62.77. A further resistance level may holdings at 64.46. The Relative Strength Index (RSI) on the 14-day chart is 53.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.22, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.43%. Stochastics %K at 82.78% indicates the stock is a selling.

How much short interest is there in Affirm Holdings Inc?

A steep rise in short interest was recorded in Affirm Holdings Inc stocks on 2025-01-15, growing by 0.55 million shares to a total of 15.57 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 15.02 million shares. There was a rise of 3.54%, which implies that there is a positive sentiment for the stock.

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