Affirm Holdings, Inc. (AFRM)

NASDAQ: AFRM · IEX Real-Time Price · USD
34.93
+0.49 (1.42%)
At close: May 3, 2024, 4:00 PM
35.12
+0.19 (0.54%)
After-hours: May 3, 2024, 7:59 PM EDT
1.42%
Market Cap 10.72B
Revenue (ttm) 1.91B
Net Income (ttm) -750.32M
Shares Out 306.87M
EPS (ttm) -2.49
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 5,397,092
Open 36.34
Previous Close 34.44
Day's Range 34.62 - 36.70
52-Week Range 9.28 - 52.48
Beta 3.58
Analysts Hold
Price Target 27.03 (-22.62%)
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]

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 $27.03, which is a decrease of -22.62% from the latest price.

Price Target
$27.03
(-22.62% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

3 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
11 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.

11 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.

11 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.

12 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...

17 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.

4 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...

4 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...

5 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
5 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...

6 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...

7 weeks 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.

2 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.

2 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 ...

2 months ago - PRNewsWire

Affirm CFO discusses company revenue up 48% YOY

Shares of Affirm (AFRM) are trading lower Friday after the company reported second-quarter revenue that jumped 48% but provided full-year guidance that fell short of Wall Street expectations. Affirm C...

3 months ago - Yahoo Finance

Affirm CEO Levchin Feels Good About Buy Now, Pay Later

Affirm Holdings CEO Max Levchin talks about the company's latest earnings report. The buy-now, pay-later firm's 2024 forecast for annual transaction volume came in below expectations.

3 months ago - Bloomberg Technology

Earnings Alert: NET Rallies, TTWO & AFRM Fall

Cloudflare (NET) rallies after strong earnings. Take-Two (TTWO) hits new 2024 low after earnings.

Other symbols: NETTTWO
3 months ago - Schwab Network

Affirm's stock is sinking. Here's why debating its valuation may be ‘fruitless.

Affirm Holdings Inc.'s stock had run up about 125% in the three months before its latest earnings report. That sort of rally helped set the bar “too high,” according to an analyst.

3 months ago - Market Watch

Affirm Stock Falls Sharply After Earnings. Analysts Say Worries Are Overblown.

Affirm has a history of beating expectations so conservative guidance shouldn't be a concern, analysts say.

3 months ago - Barrons

Affirm is holding up well compared to other fintech lenders, says Reginald Smith

Reginald Smith, Executive Director of Equity Research at JPMorgan, discusses earnings from Affirm and the overall fintech sector.

3 months ago - CNBC Television

Affirm: Delinquency Rates Flat; Affirm Card Generates $397M in GMV

Buy the rumor, goes the old Wall Street saying, sell the news. And that may have been what happened with Affirm's stock Thursday evening after the market closed, when investors sent the shares down 11...

3 months ago - PYMNTS

Affirm CEO on Q2 results: 'We really hit it out of the park this quarter'

Max Levchin, Affirm founder and CEO, joins 'Closing Bell Overtime' to talk quarterly earnings, consumer trends, what's ahead for the company and more.

3 months ago - CNBC Television

Affirm beats on earnings, but stock pulls back after a sharp rally

Affirm Holdings Inc. shares ran up sharply Thursday in the lead up to the company's earnings report, but they pulled back once the results came out, even as the company beat expectations.

3 months ago - Market Watch

Affirm Reports Second 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...

3 months ago - Business Wire