In the latest trading session, 0.49 million Affirm Holdings Inc (NASDAQ:AFRM) shares changed hands as the company’s beta touched 3.64. With the company’s most recent per share price at $64.60 changed hands at -$1.91 or -2.87% at last look, the market valuation stands at $20.55B. AFRM’s current price is a discount, trading about -27.76% off its 52-week high of $82.53. The share price had its 52-week low at $22.25, which suggests the last value was 65.56% up since then.
Analysts gave the Affirm Holdings Inc (AFRM) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.91. If we narrow down to specifics, the data shows that 4 out of 16 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended AFRM as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Affirm Holdings Inc’s EPS for the current quarter is expected to be -0.09.
Affirm Holdings Inc (NASDAQ:AFRM) trade information
Instantly AFRM was in red as seen in intraday trades today. With action -20.23%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 6.08%, with the 5-day performance at -20.23% in the red. However, in the 30-day time frame, Affirm Holdings Inc (NASDAQ:AFRM) is 15.92% up.
The consensus price target for the stock as assigned by Wall Street analysts is 54, meaning bulls need a downside of -19.63% from its recent market value. According to analyst projections, AFRM’s forecast low is 37 with 82 as the target high. To hit the forecast high, the stock’s price needs a -26.93% plunge from its current level, while the stock would need to tank 42.72% for it to hit the projected low.
Affirm Holdings Inc (AFRM) estimates and forecasts
Year-over-year growth is forecast to reach 36.79% up from the last financial year.
Consensus estimates given by 15 financial analysts project the company’s revenue in the current quarter to hit an average of 776.83M. 15 analysts are of the opinion that Affirm Holdings Inc’s revenue for the current quarter will be 835.19M. The company’s revenue for the corresponding quarters a year ago was 576.16M and 659.18M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 34.83%. The estimates for the next quarter sales put growth at 26.70%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -26.16%. The 2025 estimates are for Affirm Holdings Inc earnings to increase by 98.99%.
Affirm Holdings Inc (NASDAQ:AFRM)’s Major holders
CAPITAL RESEARCH GLOBAL INVESTORS holds the second largest percentage of outstanding shares, with 7.5311% or 23.76 million shares worth $717.77 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Growth Fund of America Inc and Vanguard Total Stock Market Index Fund. With 23.11 shares estimated at $1.47 billion under it, the former controlled 8.34% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.61% of the shares, roughly 7.24 shares worth around $459.5 million.
