Affirm Holdings Inc (NASDAQ:AFRM) price on current trading day, rose 9.18% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $47.71.
A look at the stock’s price movement, the close in the last trading session was $43.70, moving within a range at $44.33 and $48.37. The beta value (5-Year monthly) was 3.638. Turning to its 52-week performance, $82.53 and $22.25 were the 52-week high and 52-week low respectively. Overall, AFRM moved -41.08% over the past month.
Affirm Holdings Inc’s market cap currently stands at around $15.27 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-05.
Analysts have a consensus estimate of 777.67M for the company’s revenue for the quarter, with a low and high estimate of 759.64M and 796M respectively. The average forecast suggests up to a 34.98% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 3.17B, representing a 36.31% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AFRM is a 50% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
16 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 7 analyst(s) rate the stock as a Hold, 5 recommend AFRM as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 4 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
AFRM’s current price about -15.14% and -21.47% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.04, while 7-day volatility ratio is 8.64% and 8.61% in the 30-day chart. Further, Affirm Holdings Inc (AFRM) has a beta value of 3.70, and an average true range (ATR) of 4.84. Analysts have given the company’s stock an average 52-week price target of $60.5, forecast between a low of $37 and high of $82. Looking at the price targets, the low is 22.45% off current price level while to achieve the yearly target high, price needs to move -71.87%. Nonetheless, investors will most likely welcome a -26.81% jump to $60.5 which is the analysts’ median price.
If we refocus on Affirm Holdings Inc (NASDAQ:AFRM), historical trading data shows that trading volumes averaged 11.03 over the past 10 days and 7.15 million over the past 3 months. The company’s latest data on shares outstanding shows there are 274.93 million shares.
The 16.99% of Affirm Holdings Inc’s shares are in the hands of company insiders while institutional holders own 67.73% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 12.18 million on 2025-02-28, giving us a short ratio of 1.61. The data shows that as of 2025-02-28 short interest in Affirm Holdings Inc (AFRM) stood at 440.99998000000005 of shares outstanding, with shares short falling to 15.12 million registered in 2025-01-31. Current price change has pushed the stock -21.66% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AFRM stock continues to rise going into the next quarter.
