From what 1 stock analysts predict, the share price for Affirm Holdings, Inc. (AFRM) might increase by 2.59% in the next year. This is based on a 12-month average estimation for AFRM. Price targets go from $20 to $65. The majority of stock analysts believe AFRM is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
AFRM is a stock in Technology which has been forecasted to be worth $40.38 as an average. On the higher end, the forecast price is $65 USD by from DA Davidson and on the lower end AFRM is forecasted to be $20 by Christopher Brendler from DA Davidson.
These are the latest 20 analyst ratings of AFRM.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Daniel Perlin RBC Capital | Sector Perform | $46 | Reiterates | Oct 4, 2024 |
Ramsey El-Assal Barclays | Overweight | $54 | Maintains | Sep 23, 2024 |
James Friedman Susquehanna | Positive | $52 | Initiates | Sep 20, 2024 |
Kyle Peterson Needham | Hold | Reiterates | Sep 6, 2024 | |
Ramsey El-Assal Barclays | Overweight | $50 | Maintains | Aug 30, 2024 |
Daniel Perlin RBC Capital | Sector Perform | $46 | Maintains | Aug 29, 2024 |
David Chiaverini Wedbush | Underperform | $25 | Maintains | Aug 29, 2024 |
Jason Kupferberg B of A Securities | Buy | $42 | Maintains | Aug 29, 2024 |
Kyle Peterson Needham | Hold | Reiterates | Aug 29, 2024 | |
Dan Dolev Mizuho | Outperform | $65 | Reiterates | Aug 27, 2024 |
Reginald Smith JP Morgan | Overweight | $45 | Maintains | Aug 20, 2024 |
Jason Kupferberg B of A Securities | Buy | $36 | Upgrade | Jul 30, 2024 |
David Scharf JMP Securities | Market Perform | Reiterates | Jul 2, 2024 | |
David Scharf JMP Securities | Market Perform | Initiates | Jun 28, 2024 | |
Will Nance Goldman Sachs | Buy | $42 | Assumes | Jun 24, 2024 |
Dan Dolev Mizuho | Buy | $65 | Reiterates | Jun 20, 2024 |
Vincent Caintic BTIG | Neutral | Initiates | Jun 7, 2024 | |
Daniel Perlin RBC Capital | Sector Perform | $43 | Reiterates | May 24, 2024 |
James Fotheringham BMO Capital | Market Perform | $46 | Maintains | May 10, 2024 |
Kyle Peterson Needham | Hold | Reiterates | May 9, 2024 |
When did it IPO
2021
Staff Count
2,006
Country
United States
Sector/Industry
Technology/SoftwareโInfrastructure
CEO
Mr. Max Roth Levchin
Market Cap
$12.25B
In 2023, AFRM generated $1.59B in revenue, which was a increase of 17.69% from the previous year. This can be seen as a signal that AFRM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Affirm Holdings (AFRM) closed at $38.50, down 1.41% from the previous day.
Why It Matters - A decline in Affirm Holdings' stock price may indicate market concerns about its performance or outlook, potentially affecting investor sentiment and future trading decisions.
Summary - Affirm's COO & CFO, Michael Linford, highlighted strong Q2 performance and growth opportunities, particularly through partnerships with Amazon and Apple, in a recent interview.
Why It Matters - Affirm's strong Q2 performance and partnerships with major companies like Amazon and Apple signal growth potential, which could boost investor confidence and drive stock performance.
Summary - Affirm Holdings, Inc. (NASDAQ: AFRM) will hold a special conference call on September 30, 2024, at 10:00 AM ET, featuring COO & CFO Michael Linford.
Why It Matters - Affirm Holdings' special call indicates potential updates on financial performance or strategy, which can influence stock price and investor sentiment.
Summary - High short-interest stocks are attracting retail traders, leading to significant volatility and potential profit from short squeezes, fueled by social media and market inefficiencies.
Why It Matters - High short-interest stocks present opportunities for significant volatility and potential profits from short squeezes, attracting retail traders and affecting market dynamics.
Summary - Affirm Holdings (AFRM) closed at $41.16, down 1.15% from the previous trading session.
Why It Matters - A decline in Affirm Holdings' stock price signals potential concerns about its performance or market sentiment, which could impact investor confidence and future valuations.
Summary - Despite high interest rates, consumers are expected to boost spending this holiday season, aided by a recent 50 basis-point rate cut by the Federal Reserve, per Adobe forecasts.
Why It Matters - Strong consumer spending signals economic resilience, potentially boosting retail stocks. A Fed rate cut may enhance disposable income, leading to increased holiday sales and positive market sentiment.