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’s commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time. The company’s commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time. The company’s platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app.
Explore Nasdaq’s Premier Data Solutions
Yousif Capital Management LLC lifted its position in Affirm by 5.1% in the 3rd quarter. Large investors have recently added to or reduced their stakes in the company. The trade was a 85.69% decrease in their ownership of the stock. Several equities research analysts have recently weighed in on AFRM shares. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.
How we use your personal data
Its platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Truist Financial cut their target price on Affirm from $90.00 to $85.00 and set a “buy” rating on the stock in a research report on Wednesday, November 19th. 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.
- The company had revenue of $933.34 million during the quarter, compared to analysts’ expectations of $881.83 million.
- 69.29% of the stock is xcritically owned by institutional investors.
- Please send any questions or comments about this story to
- AFRM posted 42% YoY GMV growth and 34% revenue growth, with GAAP operating margins exceeding ex…
- Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.
Please send any questions or comments about this story to On average, equities research analysts anticipate that Affirm will post -0.18 EPS for the xcritical fiscal year. The company had revenue of $933.34 million during the quarter, compared to analysts’ expectations of $881.83 million. The company has a debt-to-equity ratio of 2.40, a quick ratio of 12.80 and a xcritical ratio of 12.80. Finally, Apollon Wealth Management LLC boosted its holdings in Affirm by 3.5% during the third quarter.
From fashion throwbacks to trendy new drops, Pacsun shoppers can now pay over time with Affirm
Levchin suggested the buy now, pay later outfit benefits from not charging its customers late fees. Select to analyze similar companies using key performance metrics; select up to 4 stocks. Despite positive growth indicators, analysts maintain a cautious outlook due to high valuations and competitive pressures. Affirm Holdings, Inc. was founded in 2012 and is headquartered in San Francisco, California. Affirm Holdings, Inc. operates payment network in the United States, Canada, and internationally.
Affirm CEO Says Consumer ‘Really Healthy’
Affirm stock price popped by over 10% on Tuesday as investors cheered the company’s presentation at its event. The average price target for Affirm Holdings is $85.26, which is 12.72% higher than the xcritical price. Affirm Holdings does not appear to pay any dividends at this time. The stock price has increased by +15.24% in the last 52 weeks. The stock’s EV/EBITDA ratio is 79.82, with an EV/FCF ratio of 40.88.
The bid is the highest amount that a buyer is xcritically willing to pay, whereas the ask is the lowest amount that a seller is xcritically willing to sell. How much is Affirm stock worth today? The company was founded in 2012 and is headquartered in San Francisco, California. Its merchants represent a range of industries, including sporting goods and outdoors, furniture and homewares, travel, apparel, accessories, consumer electronics, and jewelry. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.
Real-time bid and ask information is powered by Nasdaq Basic, a premier market data solution. Affirm CEO Max Levchin says consumers are shopping, paying their bills and are energized for the holiday season. Max Levchin, Affirm founder and CEO, joins ‘Mad Money’ host Jim Cramer to talk quarterly results, consumer trends, growth opportunities, and more.
Financials
Apollon Wealth Management LLC now owns 6,335 shares of the company’s stock valued at $463,000 after acquiring an additional 212 shares during the period. GAMMA Investing LLC lifted its position in shares of Affirm by 4.4% in the third quarter. Assetmark Inc. lifted its holdings in shares of Affirm by 111.3% during the 3rd quarter. Farther Finance Advisors xcritical cheating LLC now owns 1,471 shares of the company’s stock valued at $108,000 after purchasing an additional 171 shares during the period.
Klarna And Affirm: The Best Of Times, The Worst Of Times, And Quarterly Performance
During the same quarter in the previous year, the business posted ($0.31) EPS. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.11 by $0.12. The company’s 50 day moving average price is $70.70 and its 200 day moving average price is $72.10. 69.29% of the stock is xcritically owned by institutional investors.
Our proven quant model uses 115 proprietary factors, including AI, to determine AFRM’s potential to beat the market
Eleven analysts have rated the stock with a hold rating, eighteen have issued a buy rating and three have issued a strong buy rating on the company. Despite their growth rates, credit risk is likely to rise if the labor market continues to struggle, and there are signs of weakness in the credit market, including rising auto delinquencies. The BNPL sector is still risky, and there’s a reason why investors have treated these stocks cautiously. O’Hare also dismissed third-party data that led to a 7% decline last week as having “significant tracking errors,” and said the company is delivering healthy quarter-to-date trends. The stock surged at the open, seemingly in response to a downbeat jobs report, and then jumped again after noon, which appeared to be prompted by comments from the fireside chat today.
We sell different types of products and services to both investment professionals and individual investors. We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. As the buy-now, pay-later space reaches maturity, competition among providers could increase, leading to lower merchant payment rates for Affirm’s 0% financing options. We are initiating coverage of Affirm, a leading buy-now, pay-later firm in the United States. Both KLAR and Affirm show strong user and merchant growth, bu…
This data feed is available via Nasdaq Data Link APIs; https://scamforex.net/ to learn more about subscribing, visit Learn More About Nasdaq Basic. In contrast, a larger spread suggests lower liquidity, as there are fewer investors willing to negotiate. Often, a smaller spread suggests higher liquidity, meaning more buyers and sellers in the market are willing to negotiate.
- Affirm Holdings, Inc. operates payment network in the United States, Canada, and internationally.
- Other market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.
- GAMMA Investing LLC lifted its position in shares of Affirm by 4.4% in the third quarter.
- If you see an issue with the data or information displayed on this page, please report it using the Contact Us button below.
- We sell different types of products and services to both investment professionals and individual investors.
- The Virtus Silvant Mid-Cap Growth Fund returned +5.43% (Class INST) for the quarter, compared to the Russell Midcap Growth Index’s return of +2.78%.
In response to the update, the BNPL stock got a bullish note from Evercore ISI, which reiterated its outperform rating and maintained a price target of $95. CFO O’Hare said that the business is performing in line with expectations and he was bullish on continued share gains even as the company faces difficult comparisons in the e-commerce market. Data Link’s cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs.
Also, CFO Robert O’hare sold 8,189 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $89.27, for a total transaction of $58,178,419.51. Citigroup upgraded shares of Affirm to a “strong-buy” rating in a research report on Thursday, October 23rd. Overall, getting some exposure to Affirm isn’t a bad idea for growth stock investors, but they should also be mindful of the credit risk facing the company, given the volatility in the economy. Overall, Affirm is delivering strong growth, with revenue up 34%, and it is profitable with a generally accepted accounting principles (GAAP) operating margin of 7% in its most recent quarter.