Should I buy or sell Affirm stock right now?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Affirm in the last year. There are currently 5 sell ratings, 10 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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?

19 equities research analysts have issued 1-year price objectives for Affirm's shares. Their AFRM share price targets range from $10.00 to $33.00. On average, they predict the company's share price to reach $19.50 in the next twelve months. This suggests that the stock has a possible downside of 48.2%. View analysts price targets for AFRM or view top-rated stocks among Wall Street analysts .

How have AFRM shares performed in 2023?

Affirm's stock was trading at $9.67 at the beginning of 2023. Since then, AFRM shares have increased by 289.6% and is now trading at $37.67. View the best growth stocks for 2023 here .

When is Affirm's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024. View our AFRM earnings forecast .

How were Affirm's earnings last quarter?

Affirm Holdings, Inc. (NASDAQ:AFRM) posted its quarterly earnings data on Wednesday, November, 8th. The company reported ($0.57) earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.65. The business had revenue of $496.55 million for the quarter, compared to the consensus estimate of $444.48 million. Affirm had a negative trailing twelve-month return on equity of 35.74% and a negative net margin of 52.58%. The business's quarterly revenue was up 37.3% compared to the same quarter last year. During the same period last year, the company earned ($0.86) earnings per share.

What ETFs hold Affirm's stock?

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) .

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

Affirm updated its second quarter 2024 earnings guidance on Wednesday, November, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $495.00 million-$520.00 million, compared to the consensus revenue estimate of $502.39 million.

(AFRM) raised $873 million in an initial public offering 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 variety of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (6.36%), Abdiel Capital Advisors LP (0.77%), Three Bridge Wealth Advisors LLC (0.67%), Barclays PLC (0.00%), Charles Schwab Investment Management Inc. (0.43%) and Northern Trust Corp (0.34%). 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 .

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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Most-Upgraded StocksMost-Upgraded

Affirm Stock Price, News & Analysis (NASDAQ:AFRM)

$37.67

+3.26 (+9.47%)

(As of 12/1/2023 ET)

Compare

Today's Range: $33.82
▼
$37.95
50-Day Range: $16.64
▼
$37.67
52-Week Range: $8.62
▼
$37.94

Volume: 33.24 million shs
Average Volume: 19.91 million shs
Market Capitalization: $11.37 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $19.50

Affirm MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.95 Rating Score
Upside/Downside: 48.2% Downside
$19.50 Price Target
Short Interest: Bearish
20.38% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.85
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.93) to ($0.68) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.63 out of 5 stars

Business Services Sector

253rd out of 305 stocks

Personal Credit Institutions Industry

9th out of 11 stocks

2.0

Analyst's Opinion

Consensus Rating
Affirm has received a consensus rating of Reduce. The company's average rating score is 1.95, and is based on 4 buy ratings, 10 hold ratings, and 5 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.50, Affirm has a forecasted downside of 48.2% from its current price of $37.67.
Amount of Analyst Coverage
Affirm has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
20.38% of the float of Affirm has been sold short.
Short Interest Ratio / Days to Cover
Affirm has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Affirm has recently increased by 2.72%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Affirm does not currently pay a dividend.
Dividend Growth
Affirm does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AFRM.

3.8

News and Social Media Coverage

News Sentiment
Affirm has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Affirm this week, compared to 1 article on an average week.
Search Interest
82 people have searched for AFRM on MarketBeat in the last 30 days. This is an increase of 78% compared to the previous 30 days.
MarketBeat Follows
35 people have added Affirm to their MarketBeat watchlist in the last 30 days. This is an increase of 169% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Affirm insiders have not sold or bought any company stock.
Percentage Held by Insiders
13.05% of the stock of Affirm is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
59.69% of the stock of Affirm is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Affirm are expected to grow in the coming year, from ($0.93) to ($0.68) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Affirm is -12.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Affirm is -12.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Affirm has a P/B Ratio of 4.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

AFRM Stock News Headlines

November 30, 2023 | americanbankingnews.com

Affirm Holdings, Inc. (NASDAQ:AFRM) Receives Consensus Rating of "Reduce" from Analysts

November 29, 2023 | seekingalpha.com

Affirm: A Fintech Underdog's Rise In A Competitive Landscape

December 3, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

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November 29, 2023 | seekingalpha.com

Affirm Holdings, Inc. (AFRM) 2023 UBS Global Technology Conference (Transcript)

November 29, 2023 | seekingalpha.com

Affirm: Black Friday Gains Provide A Great Opportunity To Sell

November 29, 2023 | americanbankingnews.com

Affirm (NASDAQ:AFRM) Upgraded by Jefferies Financial Group to "Hold"

November 23, 2023 | americanbankingnews.com

Affirm (NASDAQ:AFRM) Price Target Raised to $21.50 at UBS Group

November 6, 2023 | seekingalpha.com

Affirm: Growth To Remain Strong From Healthy Economic Figures, Continued Momentum

December 3, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 5, 2023 | seekingalpha.com

Affirm Holdings Q1 Preview: Stock Maybe Ahead Of Itself

November 2, 2023 | seekingalpha.com

Affirm Stock: Beware Of Short Squeeze Ahead Of Q1 2024 Earnings

October 4, 2023 | seekingalpha.com

Affirm: Not Compelling Enough Yet

October 4, 2023 | seekingalpha.com

Affirm: The Inescapable Interest Rate Threat (Ratings Downgrade)

September 28, 2023 | seekingalpha.com

Affirm Holdings, Inc. (AFRM) CFO Fireside Chat Call (Transcript)

September 28, 2023 | seekingalpha.com

Affirm: A Genuine Innovation In Finance

September 14, 2023 | seekingalpha.com

Affirm Holdings, Inc. (AFRM) Management presents at UBS 2023 Fintech Leaders Conference Call (Transcript)

September 14, 2023 | seekingalpha.com

Affirm Holdings, Inc. (AFRM) UBS 2023 Fintech Leaders Conference Call (Transcript)

September 12, 2023 | seekingalpha.com

Affirm Holdings, Inc. (AFRM) Presents at 2023 Barclays Financial Services Conference (Transcript)

September 12, 2023 | seekingalpha.com

Affirm Holdings, Inc. (AFRM) 2023 Barclays Financial Services Conference (Transcript)

September 7, 2023 | seekingalpha.com

Affirm Holdings, Inc. (AFRM) Goldman Sachs 2023 Communacopia & Technology Conference (Transcript)

August 31, 2023 | seekingalpha.com

Affirm Can Grow Its Business In A Tough Interest Rate Environment

August 29, 2023 | seekingalpha.com

Affirm: Danger Ahead - Do Not Join This FOMO Rally

August 25, 2023 | investorplace.com

Why Is Affirm (AFRM) Stock Up 30% Today?

August 25, 2023 | seekingalpha.com

Affirm Earnings: Profits On The Horizon, But This Stock Is Overvalued

August 24, 2023 | seekingalpha.com

Affirm Holdings, Inc. 2023 Q4 - Results - Earnings Call Presentation

August 22, 2023 | seekingalpha.com

Affirm Holdings Q4 Preview: Almost All Major Numbers Expected To Slow

August 7, 2023 | seekingalpha.com

Affirm Holdings Fiscal Q4 Preview: Now Vs. Later - Balancing Profits And Narrative

See More Headlines

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Company Calendar

Last Earnings: 11/08/2023
Today: 12/03/2023
Next Earnings (Estimated): 2/14/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Personal credit institutions
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:AFRM
CUSIP: N/A
CIK: 1820953
Web: www.affirm.com
Phone: 415-984-0490
Fax: N/A
Employees: 2,171
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $19.50
High Stock Price Target: $33.00
Low Stock Price Target: $10.00
Potential Upside/Downside: -48.2%
Consensus Rating: Reduce
Rating Score (0-4): 1.95
Research Coverage: 19 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.05)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-985,340,000.00
Net Margins: -52.58%
Pretax Margin: -52.73%
Return on Equity: -35.74%
Return on Assets: -11.35%

Debt

Debt-to-Equity Ratio: 2.19
Current Ratio: 13.25
Quick Ratio: 13.25

Sales & Book Value

Annual Sales: $1.59 billion
Price / Sales: 7.16
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $8.51 per share
Price / Book: 4.43

Miscellaneous

Outstanding Shares: 301,730,000
Free Float: 262,358,000
Market Cap: $11.37 billion
Optionable: Not Optionable
Beta: 3.61

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Key Executives

Mr. Max Roth Levchin (Age 47)
Founder, CEO & Director
Comp: $409.81k
Mr. Libor Michalek (Age 49)
President & Director
Comp: $475k
Mr. Michael A. Linford (Age 40)
Chief Financial Officer
Comp: $475k
Ms. Katherine Adkins Esq. (Age 61)
Chief Legal Officer & Secretary
Comp: $425k
Ms. Katrina Holt
Senior Vice President of Operations
Mr. Ronald Clark
VP of Investor Relations
Mr. Geoff Kott
Chief Revenue Officer
Ms. Brooke E. Major-Reid (Age 49)
Chief Capital Officer
Mr. Robert W. O'Hare (Age 42)
Senior Vice President of Finance
Dr. Wayne Pommen Ph.D. (Age 44)
Head of International

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AFRM Stock Analysis - Frequently Asked Questions

Should I buy or sell Affirm stock right now?: 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Affirm in the last year. There are currently 5 sell ratings, 10 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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?: 19 equities research analysts have issued 1-year price objectives for Affirm's shares. Their AFRM share price targets range from $10.00 to $33.00. On average, they predict the company's share price to reach $19.50 in the next twelve months. This suggests that the stock has a possible downside of 48.2%.
View analysts price targets for AFRM or view top-rated stocks among Wall Street analysts.
How have AFRM shares performed in 2023?: Affirm's stock was trading at $9.67 at the beginning of 2023. Since then, AFRM shares have increased by 289.6% and is now trading at $37.67.
View the best growth stocks for 2023 here.
When is Affirm's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our AFRM earnings forecast.
How were Affirm's earnings last quarter?: Affirm Holdings, Inc. (NASDAQ:AFRM) posted its quarterly earnings data on Wednesday, November, 8th. The company reported ($0.57) earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.65. The business had revenue of $496.55 million for the quarter, compared to the consensus estimate of $444.48 million. Affirm had a negative trailing twelve-month return on equity of 35.74% and a negative net margin of 52.58%. The business's quarterly revenue was up 37.3% compared to the same quarter last year. During the same period last year, the company earned ($0.86) earnings per share.
What ETFs hold Affirm's stock?: 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).

What guidance has Affirm issued on next quarter's earnings?: Affirm updated its second quarter 2024 earnings guidance on Wednesday, November, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $495.00 million-$520.00 million, compared to the consensus revenue estimate of $502.39 million.
When did Affirm IPO?: (AFRM) raised $873 million in an initial public offering 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 variety of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (6.36%), Abdiel Capital Advisors LP (0.77%), Three Bridge Wealth Advisors LLC (0.67%), Barclays PLC (0.00%), Charles Schwab Investment Management Inc. (0.43%) and Northern Trust Corp (0.34%). 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.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:AFRM) was last updated on 12/3/2023 by MarketBeat.com Staff

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Affirm Stock Price, News & Analysis (NASDAQ:AFRM)

Affirm MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Affirm Stock (NASDAQ:AFRM)

AFRM Stock Price History

AFRM Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

AFRM Stock Analysis - Frequently Asked Questions

Overall MarketRank^™