Affirm Holdings shares rise 8.93% intraday after RBC raised price target to $97 and reported strong Q4 earnings.

Affirm Holdings, Inc. rose 8.93% intraday, driven by strong earnings results and positive outlook. The company reported a net income of $69.2 million for the fiscal fourth quarter, beating Wall Street expectations. Additionally, Affirm forecasted a fiscal year 2026 gross merchandise value (GMV) of over $46 billion, exceeding analysts' consensus, which eased concerns over its growth despite Walmart's impending exit.