Shares of « buy now, pay later » leader Affirm shot up from the $60 range into the $90s this week after announcing a partnership with giant Amazon on Sept. 30. Affirm also works with Wal-Mart and Shopify.
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Affirm shares at a glance.
| Latest market close | $46.61 |
|---|---|
| Earnings per share (TTM) more info button | $-3.32 |
Similarly Is AFRM overvalued? Price to Book Ratio
PB vs Industry: AFRM is overvalued based on its PB Ratio (4.1x) compared to the US IT industry average (3.8x).
How much is affirm stock? $ 35.37
| Close | Chg | Chg % |
|---|---|---|
| $35.19 | -3.21 | -8.36% |
Additionally, How many shares of Affirm are there?
Ownership Summary
| Label | Value |
|---|---|
| Institutional Ownership | 66.41 % |
| Total Shares Outstanding (millions) | 224 |
| Total Value of Holdings (millions) | $7,156 |
Will Affirm stock bounce back?
When it comes to investing in fintech companies and the financing concept of BNPL — buy now, pay later — Affirm stock comes immediately to mind. And now, after a devastating drop, Affirm is making its strongest rebound since the November 2021 peak at 176.
Why is Affirm stock dropping? Shares of Affirm, a « buy now, pay later » company, have fallen 60% over the past year. Shares of Affirm were falling sharply Friday after the “buy now, pay later” company issued a fiscal third-quarter revenue forecast that was below analysts’ expectations.
Is Affirm profitable? While someone at Affirm tweeted out earnings prior to the market close, the company ended up producing a pretty good Q2. Revenue during the quarter grew 77% to $361 million and beat expectations by nearly $30 million, equating to an 8% revenue beat.
Is Affirm a buy Zacks? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Who owns Affirm stock?
Affirm founder and CEO Max Levchin has a few things flowing in his veins. One, an admirable work ethic that sees him pushing his own physical boundaries each day.
What is the future of Affirm stock? Stock Price Forecast
The 15 analysts offering 12-month price forecasts for Affirm Holdings Inc have a median target of 62.00, with a high estimate of 96.00 and a low estimate of 35.00. The median estimate represents a +76.09% increase from the last price of 35.21.
Is Affirm losing money?
The plunge continued even after Affirm reported quarterly numbers that were considered pretty good on Feb. 10. The Buy Now, Pay Later (BNPL) company lost $158 million, 57 cents per share, on revenue of $361 million. Revenue was up 77% from a year ago, but marketing and administrative costs sent losses up six-fold.
Is Affirm still a good buy? Affirm is growing rapidly, but its losses look unsustainable, and its lofty goal of disrupting traditional credit card companies seems half-baked. Investors should avoid this stock for now — even after its year-to-date stock price decline of more than 40% — and stick with the better-run fintech players instead.
Is affirm stock a buy sell or hold?
Affirm has received a consensus rating of Hold. The company’s average rating score is 2.47, and is based on 8 buy ratings, 6 hold ratings, and 1 sell rating.
Is NIO a buy Zacks?
How good is it? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Is AFRM a buy or sell? Out of 14 analysts, 6 (42.86%) are recommending AFRM as a Strong Buy, 2 (14.29%) are recommending AFRM as a Buy, 5 (35.71%) are recommending AFRM as a Hold, 1 (7.14%) are recommending AFRM as a Sell, and 0 (0%) are recommending AFRM as a Strong Sell.
Is Affirm owned by Amazon? Affirm is now Amazon’s exclusive ‘buy now, pay later’ partner in the US.
Is Affirm better than klarna?
Between Klarna and Affirm, Affirm is the better choice. Consumers can use this app to help rebuild or improve their credit, as Affirm does report payments to the credit bureaus. Affirm is also a better option for those wanting to make larger purchases and pay them back over an extended period of time.
Is Affirm a reputable company? Affirm has a consumer rating of 1.58 stars from 119 reviews indicating that most customers are generally dissatisfied with their purchases. Consumers complaining about Affirm most frequently mention customer service, credit card and bank account problems. Affirm ranks 152nd among Personal Finance sites.
Is Affirm a buy or sell?
Affirm has received a consensus rating of Hold. The company’s average rating score is 2.47, and is based on 8 buy ratings, 6 hold ratings, and 1 sell rating.
Is Affirm a fintech stock? Affirm ( AFRM 1.56% ), a provider of « buy now, pay later » (BNPL) services, has been a red-hot fintech stock this year. It went public in January at $49 per share, opened at $90.90 on the first day, and currently trades at nearly $120, which gives it a market cap of nearly $30 billion.
Does Shopify own Affirm?
Shopify currently owns 7.6% of Affirm, so it’s familiar with the company.
What happens if you pay off Affirm early? Early payments
There are no penalties or fees, and you’ll save on any interest that hasn’t accrued yet.
How does Affirm make money with 0 APR? Interest Rates
Affirm generates revenue on the loans that it issues to consumers. The biggest draw for Affirm is that it does not impose any hidden fees (for instance on late payments) and makes the interest rate transparent upfront. Rates range from anywhere between 0 percent to 30 percent APR.
What is Nio price target?
The 29 analysts offering 12-month price forecasts for NIO Inc have a median target of 32.97, with a high estimate of 86.67 and a low estimate of 24.11.
Is NIO a Buy Sell or Hold?
NIO has received a consensus rating of Buy. The company’s average rating score is 2.93, and is based on 14 buy ratings, 1 hold rating, and no sell ratings.
Is BYD a buy Zacks? This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 5 | Strong Sell | 2.64% |
| S&P | 500 | 11.20% |
