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Affirm (AFRM) Stock Price, News & Analysis

$28.98
+0.26 (+0.91%)
(As of 09:58 AM ET)
Today's Range
$28.61
$29.05
50-Day Range
$28.72
$37.51
52-Week Range
$12.81
$52.48
Volume
449,500 shs
Average Volume
8.78 million shs
Market Capitalization
$8.96 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$27.53

Affirm MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.89 Rating Score
Upside/​Downside
4.2% Downside
$27.53 Price Target
Short Interest
Healthy
10.86% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.58mentions of Affirm in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$616,947 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.98) to ($1.65) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.43 out of 5 stars

Business Services Sector

253rd out of 313 stocks

Personal Credit Institutions Industry

12th out of 14 stocks

AFRM stock logo

About Affirm Stock (NASDAQ:AFRM)

Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States, Canada, and internationally. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time with terms ranging up to 60 months. The company has active merchants covering small businesses, large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies with an omni-channel presence. Its merchants represent a range of industries, including sporting goods and outdoors, furniture and homewares, travel and ticketing, apparel, accessories, consumer electronics, and jewelry. Affirm Holdings, Inc. was founded in 2012 and is headquartered in San Francisco, California.

AFRM Stock Price History

AFRM Stock News Headlines

Is Affirm Stock a Buy?
Affirm: Buy, Sell, or Hold?
Why Affirm Stock Slipped Today
Affirm Reports Third Fiscal Quarter 2024 Results
Why Are Stocks Up Today?
Why Is Affirm (AFRM) Stock Moving Today?
Affirm: Acceleration Across The Board
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
5/30/2024
Fiscal Year End
6/30/2024
Next Earnings (Estimated)
8/22/2024

Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:AFRM
Fax
N/A
Employees
2,171
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$27.53
High Stock Price Target
$55.00
Low Stock Price Target
$10.00
Potential Upside/Downside
-4.2%
Consensus Rating
Reduce
Rating Score (0-4)
1.89
Research Coverage
18 Analysts

Profitability

Net Income
$-985,340,000.00
Pretax Margin
-32.17%

Debt

Sales & Book Value

Annual Sales
$1.59 billion
Book Value
$8.49 per share

Miscellaneous

Free Float
268,784,000
Market Cap
$8.88 billion
Optionable
Optionable
Beta
3.56
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Key Executives


AFRM Stock Analysis - Frequently Asked Questions

Should I buy or sell Affirm stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Affirm in the last year. There are currently 6 sell ratings, 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" AFRM shares.
View AFRM analyst ratings
or view top-rated stocks.

What is Affirm's stock price target for 2024?

18 Wall Street research analysts have issued twelve-month price objectives for Affirm's shares. Their AFRM share price targets range from $10.00 to $55.00. On average, they anticipate the company's stock price to reach $27.53 in the next year. This suggests that the stock has a possible downside of 4.2%.
View analysts price targets for AFRM
or view top-rated stocks among Wall Street analysts.

How have AFRM shares performed in 2024?

Affirm's stock was trading at $49.14 at the start of the year. Since then, AFRM shares have decreased by 41.6% and is now trading at $28.72.
View the best growth stocks for 2024 here
.

Are investors shorting Affirm?

Affirm saw a decrease in short interest in May. As of May 15th, there was short interest totaling 26,950,000 shares, a decrease of 10.1% from the April 30th total of 29,980,000 shares. Based on an average trading volume of 6,470,000 shares, the days-to-cover ratio is presently 4.2 days. Approximately 10.9% of the company's stock are sold short.
View Affirm's Short Interest
.

When is Affirm's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 22nd 2024.
View our AFRM earnings forecast
.

How were Affirm's earnings last quarter?

Affirm Holdings, Inc. (NASDAQ:AFRM) announced its quarterly earnings results on Wednesday, May, 8th. The company reported ($0.43) EPS for the quarter, topping analysts' consensus estimates of ($0.70) by $0.27. The company had revenue of $576 million for the quarter, compared to analysts' expectations of $549.99 million. Affirm had a negative trailing twelve-month return on equity of 22.06% and a negative net margin of 32.17%. The business's revenue was up 51.2% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.69) earnings per share.

What guidance has Affirm issued on next quarter's earnings?

Affirm updated its fourth quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $585.0 million-$605.0 million, compared to the consensus revenue estimate of $576.3 million.

When did Affirm IPO?

Affirm (AFRM) raised $873 million in an IPO on Wednesday, January 13th 2021. The company issued 24,600,000 shares at $33.00-$38.00 per share. Morgan Stanley, Goldman Sachs and Allen & Company acted as the underwriters for the IPO and RBC Capital Markets, Credit Suisse, Barclays, Truist Securities, Siebert Williams Shank and Deutsche Bank Securities were co-managers.

Who are Affirm's major shareholders?

Affirm's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.79%), Capital Research Global Investors (6.33%), Capital World Investors (6.22%), Baillie Gifford & Co. (6.10%), Price T Rowe Associates Inc. MD (0.70%) and Leo Wealth LLC (0.37%). Insiders that own company stock include Jeremy Philips, Katherine Adkins, Keith Rabois, Michael Linford, Private Ltd Gic and Siphelele Jiyane.
View institutional ownership trends
.

How do I buy shares of Affirm?

Shares of AFRM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AFRM) was last updated on 5/30/2024 by MarketBeat.com Staff

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