Affirm Holdings Inc (NASDAQ:AFRM) price on Thursday, April 10, fall -8.04% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $40.74.
A look at the stock’s price movement, the close in the last trading session was $44.30, moving within a range at $39.122 and $42.69. The beta value (5-Year monthly) was 3.686. Turning to its 52-week performance, $82.53 and $22.25 were the 52-week high and 52-week low respectively. Overall, AFRM moved -16.53% over the past month.
Affirm Holdings Inc’s market cap currently stands at around $13.04 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-05.
Analysts have a consensus estimate of 782.98M for the company’s revenue for the quarter, with a low and high estimate of 761M and 815M respectively. The average forecast suggests up to a 35.90% 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 3.18B, representing a 36.73% 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 100% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell 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 -9.95% and -28.05% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 41.22, while 7-day volatility ratio is 18.10% and 10.15% in the 30-day chart. Further, Affirm Holdings Inc (AFRM) has a beta value of 3.65, and an average true range (ATR) of 5.22. Analysts have given the company’s stock an average 52-week price target of $69, forecast between a low of $45 and high of $82. Looking at the price targets, the low is -10.46% off current price level while to achieve the yearly target high, price needs to move -101.28%. Nonetheless, investors will most likely welcome a -69.37% jump to $69 which is the analysts’ median price.
If we refocus on Affirm Holdings Inc (NASDAQ:AFRM), historical trading data shows that trading volumes averaged 10.84 over the past 10 days and 8.22 million over the past 3 months. The company’s latest data on shares outstanding shows there are 274.93 million shares.
The 16.98% of Affirm Holdings Inc’s shares are in the hands of company insiders while institutional holders own 67.72% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 15.31 million on 2025-03-14, giving us a short ratio of 2.09. The data shows that as of 2025-03-14 short interest in Affirm Holdings Inc (AFRM) stood at 554.0 of shares outstanding, with shares short rising to 14.33 million registered in 2025-02-14. Current price change has pushed the stock -33.10% 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.
