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.
Similarly 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 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.
Additionally, 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% |
Is Affirm a growing company?
Affirm aims to grow by getting customers to use its services for more and more purchases. From Q1 2021 to Q1 2022, the numbers remained nearly stagnant, growing from 2.2 to 2.3 annual average transactions per customer.
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).
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 Affirm a stable company? Affirm has an overall rating of 4.4 out of 5, based on over 234 reviews left anonymously by employees. 84% of employees would recommend working at Affirm to a friend and 82% have a positive outlook for the business. This rating has been stable over the past 12 months.
Where does Affirm make money?
Affirm makes money from two revenue streams-one from customers and one from merchants. They charge customers an interest rate on loans they issue and they charge merchants a processing fee.
Is Affirm growing? “Affirm’s strong growth accelerated this quarter, reflecting the key advantages of our superior technology, and commitment to putting people first,” said Max Levchin , Founder and CEO of Affirm. “We more than doubled gross merchandise volume year over year.
Is Affirm undervalued?
Is Affirm Holdings Inc Stock Undervalued? The current Affirm Holdings Inc [AFRM] share price is $35.19. The Score for AFRM is 12, which is 76% below its historic median score of 50, and infers higher risk than normal.
How many employees work at Affirm? Affirm Holdings
| Type | Public company |
|---|---|
| Total assets | US$4.9 billion (2021) |
| Total equity | US$2.6 billion (2021) |
| Number of employees | 2,071 (Dec 2021) |
| Website | www.affirm.com |
What is a good price for nio stock?
NIO Inc (NYSE:NIO)
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. The median estimate represents a +67.81% increase from the last price of 19.65.
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 ETSY a buy Zacks? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
…
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% |
What company owns Affirm? Affirm is a publicly traded financial technology company headquartered in San Francisco, United States.
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Affirm Holdings.
| Type | Public company |
|---|---|
| Industry | Finance |
| Founded | 2012 |
| Founders | Max Levchin Nathan Gettings Jeffrey Kaditz Alex Rampell |
Who is the CEO of Affirm?
Max Levchin is our Founder and has served as our Chairman and Chief Executive Officer (“CEO”) since our founding in 2012. Affirm was spun out of 2012 MRL Investments LLC (f/k/a HVF, LLC) (“HVF”), an exploration company Mr. Levchin founded in 2011 to create and fund companies that leveraged large data sets in new ways.
How hard is it to get hired by Affirm? Is it hard to get hired at Affirm? Glassdoor users rated their interview experience at Affirm as 59.0% positive with a difficulty rating score of 3 out of 5 (where 5 is the highest level of difficulty).
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.
Who owns Affirm credit? Affirm is an American financial technology company based in San Francisco founded by PayPal founder Max Levchin. Affirm lets users take out microloans at the point of sale with participating vendors and aims to provide a quick, transparent, and more inclusive lending alternative to credit cards.
Is Affirm really interest free?
When you pay interest on your Affirm loan, you’ll pay simple interest, not compound interest (or interest on your interest). In other words, your monthly payments will be fixed so you won’t have to worry about your installment payments increasing over time.
