FMP
Affirm Holdings, Inc.
AFRM
NASDAQ
Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States and Canada. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its payments network and partnership with an originating bank, enables consumers to pay for a purchase over time with terms ranging from one to forty-eight months. As of June 30, 2021, the company had approximately 29,000 merchants integrated on its platform covering small businesses, large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies. Its merchants represent a range of industries, including sporting goods and outdoors, furniture and homewares, travel, apparel, accessories, consumer electronics, and jewelry. The company was founded in 2012 and is headquartered in San Francisco, California.
49.09 USD
0.89 (1.81%)
Latest AFRM News
Danny Green
Apr 4, 2025
Affirm Holdings, Inc. Faces Setback and Investigation
Affirm Holdings, Inc. (NASDAQ:AFRM) is a financial technology company that offers Buy Now, Pay Later (BNPL) services, allowing consumers to make purchases and pay for them over time. Recently, Affirm faced a significant setback when Klarna, a competitor in the BNPL space, announced it would replace Affirm as Walmart's exclusive BNPL provider. This announcement led to a sharp decline in Affirm's stock price. Following Klarna's announcement, Affirm's stock price dropped by $6.38 per share, or 12....
Tony Dante
Mar 22, 2025
Affirm Holdings, Inc. (NASDAQ:AFRM) Struggles with Capital Efficiency Compared to Peers
Affirm Holdings, Inc. (NASDAQ:AFRM) is a financial technology company that provides buy now, pay later (BNPL) services. It allows consumers to make purchases and pay for them over time with no hidden fees. Affirm competes with other fintech companies like Upstart Holdings, Inc. (UPST), SoFi Technologies, Inc. (SOFI), and traditional financial institutions. Affirm's Return on Invested Capital (ROIC) is -3.09%, which is significantly lower than its Weighted Average Cost of Capital (WACC) of 16.38...
Gordon Thompson
Feb 24, 2025
Affirm Holdings, Inc. (NASDAQ:AFRM) Financial Analysis
Affirm Holdings, Inc. (NASDAQ:AFRM) is a financial technology company that offers buy now, pay later (BNPL) services. It allows consumers to make purchases and pay for them over time with no hidden fees. Affirm competes with other fintech companies like Upstart Holdings, Inc. (NASDAQ:UPST), SoFi Technologies, Inc. (NASDAQ:SOFI), and traditional financial institutions. In analyzing Affirm's financial performance, its Return on Invested Capital (ROIC) is -3.09%, which is significantly lower than ...
Stuart Mooney
Feb 16, 2025
Affirm Holdings, Inc. (NASDAQ:AFRM) Financial Performance and Comparison with Fintech Peers
Affirm Holdings, Inc. (NASDAQ:AFRM) is a financial technology company that provides installment loans to consumers at the point of sale. It aims to offer a transparent and flexible alternative to traditional credit. Affirm competes with other fintech companies like Upstart Holdings, Inc. (UPST) and SoFi Technologies, Inc. (SOFI), as well as broader financial service platforms like Robinhood Markets, Inc. (HOOD) and Snowflake Inc. (SNOW). In evaluating Affirm's financial performance, the Return ...
Tony Dante
Feb 8, 2025
Affirm Holdings, Inc. (NASDAQ:AFRM) Financial Performance and Comparison with Fintech Peers
Affirm Holdings, Inc. (NASDAQ:AFRM) is a financial technology company that offers buy now, pay later (BNPL) services. It allows consumers to make purchases and pay for them over time with no hidden fees. Affirm competes with other fintech companies like Upstart Holdings, Inc. (UPST), SoFi Technologies, Inc. (SOFI), and traditional financial institutions. In evaluating Affirm's financial performance, the Return on Invested Capital (ROIC) is a critical metric. Affirm's ROIC is -3.09%, which is s...
Davit Kirakosyan
Feb 7, 2025
Affirm Surges as Strong Earnings and Bullish Outlook Lift Investor Confidence
Affirm Holdings Inc. (NASDAQ:AFRM) delivered a standout second-quarter performance, far exceeding expectations as demand for its buy now, pay later (BNPL) services remained strong. The upbeat results sent shares soaring more than 21% intra-day today. The San Francisco-based fintech company reported earnings per share of $0.23, a sharp contrast to analysts’ forecasts of a $0.16 per-share loss. Revenue also outpaced expectations, climbing to $866 million compared to the anticipated $805.62 million...
Gordon Thompson
Nov 25, 2024
Affirm Holdings, Inc. (NASDAQ: AFRM) Sees Positive Movement in the BNPL Sector
Affirm Holdings, Inc. (NASDAQ: AFRM) is a key player in the 'buy now, pay later' (BNPL) sector, offering consumers flexible payment options. The company competes with other BNPL providers like Afterpay and Klarna. On November 25, 2024, Robert O'Hare, Affirm's CFO, sold 79,039 shares of Class A Common Stock at $70.01 each, as reported on Form 4. BofA Securities has shown confidence in Affirm by raising its price target to $74 and maintaining a Buy rating. This suggests that Affirm is well-positi...
Davit Kirakosyan
Oct 11, 2024
Affirm Upgraded by Wells Fargo to Overweight, Shares Jump 12%
Wells Fargo analysts upgraded Affirm Holdings (NASDAQ:AFRM) to Overweight, raising the price target to $52 from $40, reflecting confidence in Affirm’s potential to capture an increasing share of eCommerce checkouts. As a result, shares closed with more than a 12% gain on Friday. With Affirm’s GAAP profitability expected soon, the stock valuation has become more appealing to investors. The analysts highlighted Affirm’s advanced credit assessment and diverse funding programs, credit evaluation bui...
Davit Kirakosyan
Oct 8, 2024
Affirm Upgraded to Buy by BTIG, Shares Jump 7%
Affirm Holdings (NASDAQ:AFRM) saw its shares jump over 7% intra-day today after BTIG analysts upgraded the stock from Neutral to Buy, citing the company's trajectory towards GAAP profitability and increasing dominance in point-of-sale financing. Analysts noted Affirm’s fiscal 2025 operating income margin is projected to reach 19%, closing in on American Express's 20% margin, with potential for Affirm to exceed this target as expense growth is expected to remain moderate. The analysts highlighted...
Alex Lavoie
Sep 23, 2024
Affirm Holdings Inc. (NASDAQ:AFRM) Receives Bullish Price Target from Barclays
On Monday, September 23, 2024, Barclays analyst Ramsey El-Assal set a new price target for Affirm Holdings Inc. (NASDAQ:AFRM) at $54, up from its previous target, indicating a bullish stance on the stock with a potential upside of approximately 20.89% from its current trading price of $44.67. This adjustment reflects a growing confidence in Affirm's market position and future performance. Affirm, known for its "buy now, pay later" services, competes in a rapidly evolving fintech space, offering ...
