In the last trading session, 12.31 million shares of the Affirm Holdings Inc (NASDAQ:AFRM) were traded, and its beta was 3.63. Most recently the company’s share price was $57.01, and it changed around -$4.85 or -7.84% from the last close, which brings the market valuation of the company to $18.25B. AFRM currently trades at a discount to its 52-week high of $82.53, offering almost -44.76% off that amount. The share price’s 52-week low was $22.25, which indicates that the current value has risen by an impressive 60.97% since then.
Affirm Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 1.96. If we narrow it down even further, the data shows that 0 out of 21 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 9 recommended AFRM as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight. Affirm Holdings Inc is expected to report earnings per share of -0.09 for the current quarter.
Affirm Holdings Inc (NASDAQ:AFRM) trade information
Instantly AFRM has showed a red trend with a performance of -7.84% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 67.00 on recent trading dayincreased the stock’s daily price by 14.91%. The company’s shares are currently down -6.39% year-to-date, but still down -10.87% over the last five days. On the other hand, Affirm Holdings Inc (NASDAQ:AFRM) is -6.65% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $60.5, which translates to bulls needing to increase their stock price by 5.77% from its current value. Analyst projections state that AFRM is forecast to be at a low of $37 and a high of $82.
Affirm Holdings Inc (AFRM) estimates and forecasts
The year-over-year growth rate is expected to be 36.11%, up from the previous year.
Consensus estimates provided by 15 financial analysts predict the company will bring in an average of 776.83M in revenue for the current quarter. 15 analysts expect Affirm Holdings Inc to make 835.19M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 576.16M and 659.18M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 34.83%. Forecasts for the next quarter put sales growth at 26.70%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -26.16%.
AFRM Dividends
Affirm Holdings Inc’s next quarterly earnings report is expected to be released in April.
CAPITAL RESEARCH GLOBAL INVESTORS, with 7.5311% or 23.76 million shares worth $717.77 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Growth Fund of America Inc and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 23.11 shares worth $1.32 billion, making up 8.34% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 7.24 shares worth around $412.93 million, which represents about 2.61% of the total shares outstanding.
