Now Is A Suitable Moment For A Long-Term Purchase Of Affirm Holdings Inc (NASDAQ: AFRM)

Currently, there are 271.83M common shares owned by the public and among those 258.31M shares have been available to trade.

The company’s stock has a 5-day price change of 1.55% and 37.14% over the past three months. AFRM shares are trading -5.35% year to date (YTD), with the 12-month market performance up to 41.59% higher. It has a 12-month low price of $22.25 and touched a high of $73.34 over the same period. AFRM has an average intraday trading volume of 8.54 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.33%, -9.07%, and 36.86% respectively.

Institutional ownership of Affirm Holdings Inc (NASDAQ: AFRM) shares accounts for 67.21% of the company’s 271.83M shares outstanding.

It has a market capitalization of $18.10B and a beta (3y monthly) value of 3.66. The earnings-per-share (ttm) stands at -$1.43. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.27% over the week and 5.07% over the month.

Earnings per share for the fiscal year are expected to increase by 76.25%, and 237.49% over the next financial year.

Looking at the support for the AFRM, a number of firms have released research notes about the stock. Compass Point stated their Neutral rating for the stock in a research note on Jan-29-25, with the firm’s price target at $20-$61. Susquehanna coverage for the Affirm Holdings Inc (AFRM) stock in a research note released on January 21, 2025 offered a Neutral rating with a price target of $57. William Blair was of a view on January 15, 2025 that the stock is Outperform, while JMP Securities gave the stock Mkt Outperform rating on December 20, 2024, issuing a price target of $78. Jefferies on their part issued Buy rating on December 19, 2024.

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