Affirm Holdings, Inc. (AFRM)

NASDAQ: AFRM · IEX Real-Time Price · USD
33.24
+1.23 (3.83%)
May 14, 2024, 3:20 PM EDT - Market open
3.83%
Market Cap 10.13B
Revenue (ttm) 2.11B
Net Income (ttm) -678.58M
Shares Out 304.85M
EPS (ttm) -2.23
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 6,569,896
Open 32.85
Previous Close 32.01
Day's Range 32.76 - 34.31
52-Week Range 12.10 - 52.48
Beta 3.56
Analysts Hold
Price Target 27.53 (-17.17%)
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]

Sector Technology
IPO Date Jan 13, 2021
Employees 2,171
Stock Exchange NASDAQ
Ticker Symbol AFRM
Full Company Profile

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 Statements

Analyst 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 -17.17% from the latest price.

Price Target
$27.53
(-17.17% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

Other symbols: SHOP
1 day ago - PYMNTS

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...

4 days ago - Invezz

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 ...

4 days ago - Yahoo Finance

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...

5 days ago - Bloomberg Markets and Finance

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.

5 days ago - Bloomberg Markets and Finance

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...

6 days ago - PYMNTS

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.

6 days ago - Barrons

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.

6 days ago - Market Watch

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...

6 days ago - Invezz

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...

6 days ago - Business Wire

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...

12 days ago - Business Wire

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).

Other symbols: JBLUSPOTXRX
20 days ago - Schwab Network

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.

20 days ago - Schwab Network

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.

21 days ago - Invezz

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.

21 days ago - 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...

26 days ago - Business Wire

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.

5 weeks ago - Barrons

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...

5 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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,...

Other symbols: F
7 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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.

3 months ago - CNBC

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.

3 months ago - Business Wire

The Craneware Group Remains Among Top Vendors in Chargemaster and 340B: Latest KLAS Rankings Affirm Focus on Customer Success

DEERFIELD BEACH, Fla. , Feb. 14, 2024 /PRNewswire/ -- The Craneware Group, a global leader in business of healthcare solutions, proudly announces its continued positive and top echelon performance in ...

3 months ago - PRNewsWire