Affirm Holdings, Inc. (AFRM)
Market Cap | 10.38B |
Revenue (ttm) | 1.72B |
Net Income (ttm) | -905.86M |
Shares Out | 301.73M |
EPS (ttm) | -3.05 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 21,455,094 |
Open | 33.82 |
Previous Close | 34.12 |
Day's Range | 32.81 - 34.89 |
52-Week Range | 8.62 - 34.96 |
Beta | 2.96 |
Analysts | Hold |
Price Target | 18.39 (-46.56%) |
Earnings Date | Nov 8, 2023 |
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 20 analysts, the average rating for AFRM stock is "Hold." The 12-month stock price forecast is $18.39, which is a decrease of -46.56% from the latest price.
News
Shopping on Cyber Monday hits record $12.4 billion, with Buy Now Pay Later gaining in popularity
While shoppers spent a record $12.4 billion on Cyber Monday alone, the Cyber Week retail event racked up a total of $38 billion in consumer spending. Yahoo Finance Retail Reporter Brooke DiPalma detai...

Affirm's stock wins over a former skeptic as BNPL trends seem to be improving
While Affirm Holdings Inc. shares are up some 200% so far this year, they've lost about half their value since early February 2022. But a Jefferies analyst doesn't see more downside in the picture.

Buy now, pay later stocks are a hot holiday item
Online shoppers spent a record $9.8 billion on Black Friday. Over the next two days, ‘Cyber Weekend', they spent an additional $10.3 billion.

Cyber Monday Shopping Set to Break Records. These Stocks Are Rising.
The holiday spending spree gathered pace over the weekend and Cyber Monday is set to break records as consumers continue to hunt discounts.

Affirm stock price forecast: AFRM shares could jump by 40%
Affirm (NASDAQ: AFRM) stock price is doing well this week as investors cheer the performance of Black Friday and Cyber Monday. The shares surged by more than 11% on Monday to reach its highest point s...

Affirm to Webcast CFO Fireside Chat on December 11, 2023
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...
Three-Stock Lunch: Affirm, Kraft Heinz and Pinterest
Michael Landsberg, Landsberg Bennett Private Wealth Management CIO, joins 'Power Lunch' to discuss three stocks- Affirm, Kraft Heinz and Pinterest.
Affirm shares hit 15-month high as 'buy now pay later' see their moment
CNBC's Kate Rooney reports on the latest news from Affirm.
Affirm CEO: Consumer sentiment into the holiday season has been pretty strong
Max Levchin, Affirm founder and CEO, joins 'Squawk Box' to discuss what Levchin is seeing from the consumer, what the uptick in buy now, pay later usage means for the economy, and if there's a shift i...

Here's your e-commerce stock bundle for the holidays
The 2023 holiday shopping season has arrived, and more consumers will be doing their shopping online. While nearly every store now has an online presence with omnichannel capabilities, certain stocks ...

Affirm Says High Interest Rates Drive Demand for BNPL
Buy now, pay later (BNPL) company Affirm expects an increase in demand for its short-term consumer loans if interest rates remain high for an extended period. Affirm's product is perceived differently...

Buy Now, Pay Later Thrives Despite Rising Interest Rates
Buy now, pay later (BNPL) company Affirm continues to see demand from investors, reportedly defying earlier concerns about rising interest rates affecting all BNPL lenders. Unlike traditional banks, B...
Affirm stock pops after earnings beat, CFO says company is taking share in a growing market
Affirm Holdings (AFRM) shares soared after reporting a 37% jump in revenue, year-over-year, in its fiscal first quarter. The buy now, pay later company also saw gross merchandise volume (GMV) increase...

Affirm Shares Soar as Merchandise Volumes Jump for Buy Now, Pay Later Lender
Shares of Affirm Holdings (AFRM) skyrocketed over 14% Thursday after the buy now, pay later (BNPL) lender posted better-than-expected results as merchandise volume soared and delinquencies declined ye...
Max Levchin on the Road Ahead for Affirm
Affirm shares surged after the buy-now-pay-later company posted fiscal first-quarter revenue and forecasts that topped estimates. Affirm CEO Max Levchin joins Caroline Hyde, Ed Ludlow and Sonali Basak...
Affirm CEO: We have a business model that's perfect for uncertain times
Max Levchin, Affirm co-founder and CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings results, where he sees the company's future, and more.

Buy Now, Pay Later Lender Is Surfing the Private Credit Wave
Affirm appears to be finding demand for its loans from investors looking to tap in to the higher yields it can offer them.

Affirm's Debit Card Sees 75K Signups Per Month
Affirm Holding's fiscal first quarter results showed resilient consumer spending across a variety of channels and enthusiasm for the company's debit card offering. Supplementals from the company show...

Affirm's stock pops after earnings bring narrowing loss, big revenue beat
Affirm Holdings Inc. logged a big revenue beat for its latest quarter, and shares of the buy-now-pay-later operator were moving higher in the extended session after Wednesday's report.

Affirm Reports First 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...
Earnings Exchange: Disney, Affirm & more
Lee Munson, Portfolio Wealth Advisors president and CIO, joins 'The Exchange' to discuss Disney, Affirm, and more.

Affirm stock price forms broadening wedge ahead of Q1 earnings
Affirm (NASDAQ: AFRM) stock price joined other companies like PayPal and Block in staging a strong post-earnings rally. The shares rose to a high of $22.45 on Monday, much higher than this month's low...

Affirm Shares Soar 19% On BNPL Offering For Amazon Business
Shares of payments provider Affirm (AFRM) jumped more than 19% after expanding its partnership with Amazon (AMZN) to offer buy now, pay later (BNPL) services to the e-commerce giant's business-to-busi...
Affirm shares soar on 'buy now, pay later' deal with Amazon
CNBC's Hugh Son joins 'Power Lunch' to discuss Amazon and Affirm's BNPL deal as shares of Affirm soar on the news.

Amazon Business Enters BNPL Space With Affirm Partnership
Amazon Business is offering buy now, pay later (BNPL) services in collaboration with Affirm. Amazon Business started rolling out Affirm Thursday (Nov. 2) to eligible sole proprietor businesses.