Mizuho raises Affirm price target to $100 on strong growth and $100B GMV goal

Mizuho analyst Dan Dolev raised Affirm Holdings' price target from $95 to $100, citing the company's $100 billion gross merchandise volume (GMV) target and strong Q3 FY2026 results. Affirm posted 33% revenue growth and 35% GMV growth, with notable gains in its Affirm Card business and merchant base. The stock trades around $65 with a forward P/E of 37x, and Mizuho's target reflects growing confidence in Affirm's expansion and profitability. Investors should watch the May 20 investor forum for further updates, while managing risk due to consumer credit sensitivity.