Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States and Canada.
Affirm stock last closed at $29.27, down 0.31% from the previous day, and has increased 96.97% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.97 percentage points. Affirm stock is currently +128.49% from its 52-week low of $12.81, and -44.23% from its 52-week high of $52.48.
As of May 31, 2024, there are 309.12M shares of AFRM outstanding. The market capitalization of AFRM is $9.05B. In the last 24 hours, 3.33M AFRM shares were traded.
How to Buy Affirm Stock
Not sure how to invest in Affirm stock? Here's how.
Decide where to buy Affirm stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Affirm stock.
Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Deposit money your brokerage account: Pick your method of payment and add your information.
Analyze Affirm stock: The Affirm ticker symbol is AFRM. Is Affirm stock a good investment? Should you buy shares of AFRM? How do AFRM's underlying business fundamentals look? Do top analysts think Affirm is a good buy? Why has AFRM's stock price moved recently? (Hint: Our stock research website can help you evaluate if AFRM is a good stock to buy).
Make your AFRM buy order: Decide if you will purchase AFRM shares at the current market price or use a limit order to buy AFRM stock at a given price.
Keep an eye on your investment in AFRM: Create a watchlist to watch your investment in Affirm shares.
Step 1: Decide where to buy Affirm stock
You will need a brokerage account in order to access the NASDAQ market and buy AFRM stock.
A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Open a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal details so you can invest in AFRM stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Analyze Affirm stock
Once you have chosen the best place to buy Affirm stock, it's critical to research their stock prior to buying, so you actually wrap your head around the risk and opportunity.
Affirm shares at a glance
AFRM Price
$29.27
1w %
-2.53%
1y %
96.97%
5y %
N/A
P/E
-13.13x
P/B
3.45x
P/S
4.34x
PEG
N/A
Revenue
$2.11B
Earnings
-$678.58M
Fore. Rev. Growth
15.31%
Fore. Earn. Growth
N/A
Market Cap
$9.05B
Next Earnings
N/A
Next Dividend
N/A
Affirm Overview
WallStreetZen was created to help average investors do better fundamental analysis.
AFRM earnings of -$678.67M is not sufficient to cover its interest payments.
AFRM has a relatively high debt to equity ratio of 2.51.
AFRM's operating cash flow of $425.16M allows it to safely service it's debt of $6.37B.
AFRM profit margin has gone up by 0.32 percentage points in the past year, but the company is still unprofitable.
Do analysts think it's a good time to buy Affirm stock
Out of 9 Equities analysts who monitor AFRM, the consensus analyst rating on Affirm is a Hold
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent AFRM Analyst Upgrades/Downgrades
Mike Burton, a top 29% analyst from Goldman Sachs maintains AFRM with a hold rating and raises their AFRM price target from $18.00 to $20.00, on Feb 9, 2024.
David Chiaverini, a top 31% analyst from Wedbush reiterates AFRM with a sell rating and maintains their AFRM price target from $20.00 to $20.00, on Feb 9, 2024.
James Faucette, a top 11% analyst from Morgan Stanley downgrades AFRM to a strong sell rating and raises their AFRM price target from $15.00 to $20.00, on Dec 18, 2023.
Morgan Stanley's James Faucette downgraded their rating on Affirm (NASDAQ: AFRM) from Hold to Strong Sell on 2023/12/18. The analyst also raised their price target by 33.3% from $15 to $20.
In spite of expected gains through the holiday season, Affirm stock's risk-reward ratio looks "skewed" at present levels, Faucette told investors, bearishly detailing that the "justification for the valuation is challenged across all indicators."
Andrew Jeffrey, a top 5% analyst from Truist Securities maintains AFRM with a strong buy rating and raises their AFRM price target from $33.00 to $55.00, on Dec 15, 2023.
You can dig deeper into what analysts are projecting on the Affirm stock forecast page.
AFRM Trading Indicators
SMA10
30.65
SMA20
31.97
SMA50
32.93
SMA100
36.39
SMA200
31.61
MACD
-1.12
MACD Signal
-0.81
MACD Histogram
-0.31
RSI
41.06
Stochastic %K
11.31
Stochastic %D
8.56
StochRSI %K
12.36
StochRSI %D
7.62
AFRM Revenue
Last year, AFRM revenue was $2.11B. Over the past three year, AFRM's revenue has grown by 120.93% per year. This was faster than the Software - Infrastructure industry average of 17.9%.
No, Affirm doesn't provide an income stream by paying out dividends.
What do other investors have to say about AFRM?
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Step 5: Make your AFRM buy order
You have two primary types of orders:
Market order: A market order is an order to buy or sell a security at the best price on the market. Market orders are usually the best for newer investors.
Limit order: A limit order enables you to buy or sell a stock at a specific price (or better). If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open button and your broker will execute your order.
If you want additional help with buying stocks on eToro, watch the how to video below:
As of May 31, 2024, it costs $29.27 to buy one share of Affirm stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.342 shares of AFRM.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.