Affirm Holdings Inc (NASDAQ: AFRM): To Buy Or Not To Buy, That Is The Question

Affirm Holdings Inc (AFRM) concluded trading on Thursday at a closing price of $66.85, with 2.56 million shares of worth about $171.16 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 119.47% during that period and on December 26, 2024 the price saw a gain of about 1.44%. Currently the company’s common shares owned by public are about 271.83M shares, out of which, 258.31M shares are available for trading.

Stock saw a price change of 5.54% in past 5 days and over the past one month there was a price change of -3.60%. Year-to-date (YTD), AFRM shares are showing a performance of 36.04% which increased to 33.59% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $22.25 but also hit the highest price of $73.34 during that period. The average intraday trading volume for Affirm Holdings Inc shares is 9.56 million. The stock is currently trading -2.25% below its 20-day simple moving average (SMA20), while that difference is up 15.07% for SMA50 and it goes to 68.25% higher than SMA200.

Affirm Holdings Inc (NASDAQ: AFRM) currently have 271.83M outstanding shares and institutions hold larger chunk of about 67.16% of that.

The stock has a current market capitalization of $20.99B and its 3Y-monthly beta is at 3.67. It has posted earnings per share of -$1.43 in the same period. It has Quick Ratio of 6.02 while making debt-to-equity ratio of 2.46. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AFRM, volatility over the week remained 5.14% while standing at 6.26% over the month.

Stock’s fiscal year EPS is expected to rise by 68.35% while it is estimated to increase by 214.80% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JMP Securities on December 20, 2024 offering a Mkt outperform rating for the stock and assigned a target price of $78 to it. Coverage by Jefferies stated Affirm Holdings Inc (AFRM) stock as a Buy in their note to investors on December 19, 2024, suggesting a price target of $82 for the stock. On October 14, 2024, Wedbush Upgrade their recommendations, while on October 11, 2024, Wells Fargo Upgrade their ratings for the stock with a price target of $52. Stock get an Equal-weight rating from Morgan Stanley on October 09, 2024.

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