Affirm (AFRM) Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Affirm in the last twelve months. There are currently 4 sell ratings, 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AFRM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AFRM, but not buy additional shares or sell existing shares.
View AFRM analyst ratings or view top-rated stocks.

17 Wall Street research analysts have issued 12 month price objectives for Affirm's shares. Their AFRM share price forecasts range from $10.00 to $25.00. On average, they expect the company's stock price to reach $16.22 in the next year. This suggests that the stock has a possible downside of 21.6%.
View analysts price targets for AFRM or view top-rated stocks among Wall Street analysts.

Affirm's stock was trading at $9.67 at the beginning of the year. Since then, AFRM stock has increased by 114.0% and is now trading at $20.69.
View the best growth stocks for 2023 here.

Affirm saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 43,570,000 shares, an increase of 9.9% from the August 31st total of 39,650,000 shares. Based on an average trading volume of 14,940,000 shares, the short-interest ratio is currently 2.9 days. Currently, 19.7% of the shares of the company are short sold.
View Affirm's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our AFRM earnings forecast.

Affirm Holdings, Inc. (NASDAQ:AFRM) issued its earnings results on Thursday, August, 24th. The company reported ($0.69) EPS for the quarter, beating the consensus estimate of ($0.87) by $0.18. The firm earned $445.83 million during the quarter, compared to the consensus estimate of $406.18 million. Affirm had a negative trailing twelve-month return on equity of 38.95% and a negative net margin of 62.05%. The business's quarterly revenue was up 22.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.65) earnings per share.

ETFs with the largest weight of Affirm (NASDAQ:AFRM) stock in their portfolio include Roundhill MEME ETF (MEME), Amplify Online Retail ETF (IBUY), ETFMG Prime Mobile Payments ETF (IPAY), Harbor Corporate Culture Small Cap ETF (HAPS), Global X FinTech Thematic ETF (FINX), Renaissance IPO ETF (IPO) and IQ U.S. Mid Cap R&D Leaders ETF (MRND).JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC).

Affirm updated its first quarter 2024 earnings guidance on Saturday, August, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $430.00 million-$455.00 million, compared to the consensus revenue estimate of $429.86 million.

(AFRM) raised $873 million in an initial public offering (IPO) on Wednesday, January 13th 2021. The company issued 24,600,000 shares at a price of $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.

Affirm trades on the NASDAQ under the ticker symbol "AFRM."

Affirm's stock is owned by a variety of retail and institutional investors. Top institutional investors include Capital Research Global Investors (7.45%), Baillie Gifford & Co. (6.56%), Capital World Investors (5.68%), Citadel Advisors LLC (0.00%), Geode Capital Management LLC (1.09%) and Spyglass Capital Management LLC (1.00%). Insiders that own company stock include Del Castillo Sharda Caro, Founders Fund V Management, Ll, Jeremy Philips, Katherine Adkins, Keith Rabois, Michael Linford, Private Ltd Gic and Siphelele Jiyane.
View institutional ownership trends.

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

One share of AFRM stock can currently be purchased for approximately $20.69.

Affirm (NASDAQ:AFRM) has a market capitalization of $6.19 billion and generates $1.59 billion in revenue each year. The company earns $-985,340,000.00 in net income (profit) each year or ($3.34) on an earnings per share basis.

The company employs 2,171 workers across the globe.

Affirm's mailing address is 650 CALIFORNIA STREET, SAN FRANCISCO CA, 94108. The official website for the company is www.affirm.com. The company can be reached via phone at 415-984-0490 or via email at ir@affirm.com.