Affirm Holdings, Inc. (AFRM)
| Market Cap | 10.46B |
| Revenue (ttm) | 2.11B |
| Net Income (ttm) | -678.58M |
| Shares Out | 309.13M |
| EPS (ttm) | -2.23 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 11,763,513 |
| Open | 31.25 |
| Previous Close | 31.32 |
| Day's Range | 31.25 - 33.87 |
| 52-Week Range | 12.81 - 52.48 |
| Beta | 3.56 |
| Analysts | Hold |
| Price Target | 27.53 (-18.62%) |
| Earnings Date | May 8, 2024 |
About 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... [Read more]
Financial Performance
In 2023, AFRM's revenue was $1.59 billion, an increase of 17.69% compared to the previous year's $1.35 billion. Losses were -$985.35 million, 39.3% more than in 2022.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for AFRM stock is "Hold." The 12-month stock price forecast is $27.53, which is a decrease of -18.62% from the latest price.
News
Affirm CEO: Buy now pay later is a great product but still less than 10% of overall e-commerce
Max Levchin, Affirm CEO, joins 'Money Movers' to discuss the idea of 'phantom debt', the risks of buy now, pay later to the economy, and much more.
Slowing Shopify Growth Spells Challenges for BNPL Partner Affirm
As Shopify's growth slows down, its buy now, pay later (BNPL) partner, Affirm, is feeling the burn.
Affirm stock price forecast: buy the post-earnings dip
Affirm (NASDAQ: AFRM) stock price has come under pressure since January as concerns about competition, interest rates, and growth remained. After peaking at $52.65 in January, it has dropped by over 3...
Affirm CEO: Higher for longer rates is 'not a terrible thing'
Affirm (AFRM) topped fiscal revenue estimates and narrowed expected losses per share in its third quarter earnings report. Affirm Founder and CEO Max Levchin joins Market Domination to break down the ...
Max Levchin on BNPL Concerns, US Consumer and Inflation
Affirm CEO Max Levchin discusses the concerns about “Buy Now, Pay Later” (BNPL) products, which allow consumers to split purchases into smaller installments. Speaking with Sonali Basak on Bloomberg Te...
Affirm's Levchin Says BNPL Risks Are 'Exaggerated'
Affirm CEO Max Levchin says the concerns about "Buy Now, Pay Later” (BNPL) products are "greatly exaggerated." BNPL platforms allow consumers to split purchases into smaller installments.
Affirm Credits Mid-Market With Q3 Earnings Gains
Although it didn't address two big elephants in the room, buy now, pay later company Affirm rode solid advancements in its debit card and gross merchandise volume metrics to better-than-expected Q3 ea...
Affirm's Stock Is Rising. Its Revenue Beat Is Just One of the Positives.
The consumer lending company also filed a narrower-than-expected quarterly loss and offered strong guidance.
Affirm's upbeat earnings send stock climbing, as company calls out stable credit
Shares of Affirm Holdings Inc. were powering higher in Wednesday's premarket action after the buy-now-pay-later company issued upbeat results and guidance.
Affirm Holdings revenue increased 51% in Q3: find out more
Affirm Holdings Inc (NASDAQ: AFRM) is pushing to the upside in premarket on Wednesday after coming in ahead of Street estimates for its fiscal third quarter. Affirm stock rallies on impressive outloo...
Affirm Reports Third Fiscal Quarter 2024 Results
SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today reported financial results for its fiscal 2024...
Affirm to Participate in Upcoming Investor Conferences
SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that the Company will participate in...
JBLU, XRX, AFRM, SPOT: Stocks to Watch
Stocks continue their strong start to the trading week. Marc X. Lopresti discusses this, as well as his stocks to watch which include JetBlue (JBLU), Xerox (XRX), Affirm (AFRM), and Spotify (SPOT).
Affirm (AFRM) Faces Competition as Walmart (WMT) Adds BNPL
Affirm (AFRM) faces competition as Walmart (WMT) adds buy now, pay later start up. George Tsilis discusses this as Affirm has partnered with Walmart since 2019.
Affirm is no longer the exclusive provider of BNPL loans at Walmart
Affirm Holdings Inc (NASDAQ: AFRM) is down 8.0% at writing after One – a Walmart-backed financial technology startup joined the BNPL race.
Focus: Buy now, pay later lender Affirm pushes into elective medical procedures
Fintech lender Affirm has started quietly offering "buy now, pay later" (BNPL) loans for elective medical procedures, in a major push beyond its core e-commerce market, the company told Reuters.
Affirm to Announce Third Quarter Fiscal Year 2024 Results on May 8, 2024
SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that it will publish its third quart...
Affirm Has Long-Term Potential. Why an Analyst Says to Wait.
Ten of the 17 analysts who cover the Buy Now, Pay Later company rate it at Hold.
Economic Uncertainty Isn't Stopping Canadians From Planning Major Purchases in 2024, According to New Survey
SAN FRANCISCO--(BUSINESS WIRE)--At a time when many reports seem to indicate that Canadians are tightening their wallets, a new survey released today from Affirm (NASDAQ: AFRM), the payment network th...
Newegg Makes Tech More Affordable for Students, Faculty and Staff with Affirm Offer
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $AFRM #affirm--Newegg introduces a 10% discount for students, faculty, and staff using Affirm at checkout with .edu emails. This offer stacks with other p...
CFO Lawler to Affirm Full-Year 2024 Operating Guidance, Review Ford+ Growth Plan at BofA Auto Summit Today
DEARBORN, Mich.--(BUSINESS WIRE)--The Ford+ growth plan is providing customers with the mix of gas, hybrid and electric personal and commercial vehicles and services they want, while improving growth,...
AffiniPay Exceeds $125 Million Processing Volume Milestone With Pay-Over-Time Solution For Legal Fees, Powered by Affirm
AUSTIN, Texas--(BUSINESS WIRE)--AffiniPay, a leader in online payments and software solutions for professionals, has announced that over $125 million in legal fees has been processed with Pay Later, t...
Affirm to Webcast CFO Fireside Chat on March 22, 2024
SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that Michael Linford, CFO, will part...
Shopping online at 2 a.m.? That's a red flag for buy now, pay later lender Affirm
Affirm, run by PayPal co-founder Max Levchin, is among a new breed of fintech lenders competing against credit cards issued by banks.
International Rating Agencies Affirm Rating With Upgraded “Stable” Outlook for Various Adani Portfolio Companies
AHMEDABAD, India--(BUSINESS WIRE)-- #Adani--International Rating Agencies affirm rating with upgraded “stable” outlook for various Adani Portfolio companies.