Affirm Holdings, Inc. (AFRM)
NASDAQ:AFRM
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AFRM Stock Chart & Stats
$64.50
-$1.68(-2.74%)
At close: 4:00 PM EST
$64.50
-$1.68(-2.74%)
Day’s Range― - ―
52-Week Range$42.10 - $100.00
Previous CloseN/A
Volume1.79M
Average Volume (3M)5.24M
Market Cap
$24.76B
Enterprise Value$30.13B
Total Cash (Recent Filing)$2.97B
Total Debt (Recent Filing)$8.91B
Price to Earnings (P/E)65.2
Beta2.71
Next Earnings
Aug 20, 2026EPS Estimate
0.34Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.15
Shares Outstanding294,357,800
10 Day Avg. Volume4,592,211
30 Day Avg. Volume5,244,894
Financial Highlights & Ratios
PEG Ratio-3.94
Price to Book (P/B)7.27
Price to Sales (P/S)6.92
P/FCF Ratio37.10
Enterprise Value/Market Cap1.22
Enterprise Value/Revenue7.59
Enterprise Value/Gross Profit11.20
Enterprise Value/Ebitda26.98
Forecast
1Y Price Target
$85.76Price Target Upside32.96% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering23
EPS Forecast (FY)1.25
Revenue Forecast (FY)$4.20B
Bulls Say, Bears Say
Bulls Say
Cash GenerationAffirm's recent step-change to sustained positive operating and free cash flow with FCF running at ~78% of net income materially strengthens financial resilience. Durable cash generation supports reinvestment, product development, and funding flexibility, reducing reliance on capital markets over the next several quarters.
Balance Sheet DeleveragingMeaningful deleveraging and a return to positive ROE materially reduce solvency risk and increase optionality. Lower leverage improves interest expense sensitivity and capacity for opportunistic funding, making the capital structure more durable through economic cycles and supporting long-term strategic initiatives.
Merchant, Card Scale & FundingRapid merchant expansion and a growing, engaged card base create stronger network effects and recurring transaction volume, while demonstrable capital markets depth (oversubscribed deals, funding costs down ~125bps) secures cheaper, stable funding. Together these factors improve long-term unit economics and growth optionality.
Bears Say
Revenue ContractionA nearly 14% TTM revenue decline raises durable growth concerns despite margin recovery. If revenue inflection proves fragile, operating leverage gains could be limited and reinvestment needs higher. Sustained top-line recovery is needed to validate improved profitability over the next several quarters.
Margin Mix Risk (0% APR)A structural shift toward merchant-funded 0% offers (Pay-in-X) can compress overall RLTC margins because these products inherently earn less per transaction. Even with incremental volume and lower credit costs, an expanding low-margin mix could cap long-term profitability and require higher volumes to sustain absolute profits.
International Investment DragAffirm's deliberate investment in international expansion can temporarily depress unit economics as underwriting, product-market fit, and marketing scale are established. These upfront costs and lower early yields may weigh on margins and free cash flow until new markets scale, a multi‑quarter structural risk.
Affirm Holdings News
AFRM FAQ
What was Affirm Holdings, Inc.’s price range in the past 12 months?
Affirm Holdings, Inc. lowest stock price was $42.09 and its highest was $100.00 in the past 12 months.
What is Affirm Holdings, Inc.’s market cap?
Affirm Holdings, Inc.’s market cap is $24.76B.
When is Affirm Holdings, Inc.’s upcoming earnings report date?
Affirm Holdings, Inc.’s upcoming earnings report date is Aug 20, 2026 which is in 60 days.
How were Affirm Holdings, Inc.’s earnings last quarter?
Affirm Holdings, Inc. released its earnings results on May 07, 2026. The company reported $0.3 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.13.
Is Affirm Holdings, Inc. overvalued?
According to Wall Street analysts Affirm Holdings, Inc.’s price is currently Undervalued.
Does Affirm Holdings, Inc. pay dividends?
Affirm Holdings, Inc. does not currently pay dividends.
What is Affirm Holdings, Inc.’s EPS estimate?
Affirm Holdings, Inc.’s EPS estimate is 0.34.
How many shares outstanding does Affirm Holdings, Inc. have?
Affirm Holdings, Inc. has 294,357,800 shares outstanding.
What happened to Affirm Holdings, Inc.’s price movement after its last earnings report?
Affirm Holdings, Inc. reported an EPS of $0.3 in its last earnings report, beating expectations of $0.17. Following the earnings report the stock price went down -4.973%.
Which hedge fund is a major shareholder of Affirm Holdings, Inc.?
Currently, no hedge funds are holding shares in AFRM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Affirm Holdings Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$85.76 (32.96% Upside)
$85.76 (32.96% Upside)
Blogger Sentiment
Bullish
AFRM Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 3.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.84%
12-Months-Change
Fundamentals
Return on Equity
11.17%
Trailing 12-Months
Asset Growth
25.92%
Trailing 12-Months
Company Description
Affirm Holdings, Inc.
Affirm Holdings, Inc. provides a digital and mobile-first commerce platform that operates across the United States and Canada. This platform offers consumers a point-of-sale financing solution, delivers various tools for merchants, and includes a dedicated mobile application for users. Leveraging its payment network and partnerships with originating banks, the company enables customers to spread the cost of their purchases over time, with payment terms ranging from a single month up to forty-eight months. By June 30, 2021, approximately 29,000 merchants had integrated Affirm's services, representing a diverse array of businesses from small enterprises and large corporations to direct-to-consumer brands and traditional physical stores. These businesses span numerous industries, including sporting goods, home furnishings, travel, apparel, accessories, consumer electronics, and jewelry. Affirm was founded in 2012 and is based in San Francisco, California.
AFRM Company Deck
AFRM Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call had a decisively positive tone: management reported record performance, strong funding markets with improving funding costs (~125 bps YoY), accelerated merchant growth (+44% active merchants), robust Card momentum (multi‑million cardholder base and billions in volume), and rising engagement metrics (transactions per active >20%). Credit performance was described as stable with elevated prepayments as a constructive signal. Manageable lowlights include a sequential uptick in allowance (seasonal and mix-driven), the lower RLTC profile of merchant-funded 0% offers, a modest near-term comp headwind, and small incremental AI/tooling costs. Overall, the positive operational and capital-market developments substantially outweigh these limited near-term challenges.View all AFRM earnings summariesAFRM Stock 12 Month Forecast
Average Price Target
$85.76
▲(32.96% Upside)
Technical Analysis
Ownership Overview
0.98% Insiders
34.73% Mutual Funds
30.61% Other Institutional Investors
19.31% Public Companies and Individual Investors