Is affirm a good stock?
Affirm stock isn't a good investment until the stock price falls from its overvalued level. Affirm Holdings (NASDAQ: AFRM) went public on Jan. 15 and raised over $1.3 billion before expenses. One ...
Why is everyone talking about affirm stock?
The ultra-low interest rate environment that has dominated the past several years has enticed more investors into growth shares. This could be a result of people being forced to move higher along the risk curve to find their desired return.
Is now the time to buy affirm?
Buy now, pay later (BNPL) is a form of credit that allows customers to pay for big-ticket items, like a Peloton, in installments. Companies in the sector include Afterpay, which was recently acquired by Square, Affirm ... the cost of time to set up ...
Why is everyone talking about affirm Holdings stock?
“Millions of people see Affirm as a smart way to pay because of our honest, transparent, and customizable payment terms. Merchants recognize our ability to help them drive growth and deliver the experience consumers are demanding at checkout.
Is affirm publicly traded?
Affirm is a publicly traded financial technology company headquartered in San Francisco, United States. Founded in 2012, the company operates as a financial lender of installment loans for consumers to use at the point of sale to finance a purchase. U.S.
How do I buy stock in affirm?
How to buy shares in AffirmCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. Fund your account.Research the stock. ... Purchase now or later. ... Check in on your investment.
What type of stock is Affirm?
Class A Common StockClass A Common Stock (AFRM)
What is the target price for affirm stock?
Stock Price TargetsHigh$80.00Median$35.00Low$15.00Average$37.12Current Price$20.44
When can I buy Affirm stock?
Affirm priced its initial public offering on January 12, 2021, and shares of its Class A Common Stock began trading on the Nasdaq Global Select Market on January 13, 2021.
Is Affirm a buy right now?
So for now, Affirm stock is not a buy right now.
Is Affirm overvalued?
It doesn't matter how much revenue you generate when you're hemorrhaging money. If this doesn't happen, Affirm stock looks incredibly overvalued, even with shares down 60% year to date.
Who is Affirm owned by?
Max LevchinMax Levchin, Affirm's founder and CEO, owns 27.5 million shares in the online lender, worth just over $1 billion at the top end of the company's IPO price range. Levchin was previously a co-founder of PayPal, along with Peter Thiel, Elon Musk and others.
Why is Affirm stock dropping?
Upstart worries spill over. Affirm Holdings (NASDAQ:AFRM) stock is sliding 12% in late afternoon Tuesday trading after the stock was downgraded to Underweight at Stephens Inc. on concern that Upstart Holdings (UPST) outlook bodes ill for capital-markets reliant fintechs.
Is Affirm a buy hold or sell?
Out of 15 analysts, 6 (40%) are recommending AFRM as a Strong Buy, 2 (13.33%) are recommending AFRM as a Buy, 5 (33.33%) are recommending AFRM as a Hold, 1 (6.67%) are recommending AFRM as a Sell, and 1 (6.67%) are recommending AFRM as a Strong Sell. What is AFRM's earnings growth forecast for 2022-2024?
What is Nio price target?
Stock Price Forecast The 30 analysts offering 12-month price forecasts for NIO Inc have a median target of 30.36, with a high estimate of 82.31 and a low estimate of 21.92. The median estimate represents a +90.81% increase from the last price of 15.91.
How does Affirm financing make money?
Affirm makes money on the interest it charges for its consumer loans, interchange fees, as well as fees paid by the merchants to handle payments on their behalf. Founded in 2012 and headquartered in San Francisco, Affirm has become one of the world's biggest startups in the consumer lending space.
Is Affirm a buy right now?
14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Affirm in the last twelve months. There are currently 2 sell rat...
When is Affirm's next earnings date?
Affirm is scheduled to release its next quarterly earnings announcement on Thursday, September 8th 2022. View our earnings forecast for Affirm .
How were Affirm's earnings last quarter?
Affirm Holdings, Inc. (NASDAQ:AFRM) issued its quarterly earnings data on Thursday, May, 12th. The company reported ($0.19) earnings per share (EPS...
What guidance has Affirm issued on next quarter's earnings?
Affirm updated its FY 2022 earnings guidance on Thursday, May, 26th. The company provided earnings per share (EPS) guidance of for the period. The...
What price target have analysts set for AFRM?
14 equities research analysts have issued twelve-month price targets for Affirm's shares. Their forecasts range from $17.00 to $220.00. On average,...
Who are Affirm's key executives?
Affirm's management team includes the following people: Mr. Max Roth Levchin , Founder, CEO & Chairman (Age 46, Pay $155.13k) Mr. Michael A. Lin...
Who are some of Affirm's key competitors?
Some companies that are related to Affirm include Discover Financial Services (DFS) , Credit Acceptance (CACC) , OneMain (OMF) , SLM (SLM) , N...
When did Affirm IPO?
(AFRM) raised $873 million in an initial public offering (IPO) on Wednesday, January 13th 2021. The company issued 24,600,000 shares at $33.00-$38....
What is Affirm's stock symbol?
Affirm trades on the NASDAQ under the ticker symbol "AFRM."
About Affirm
Affirm (NASDAQ:AFRM) Frequently Asked Questions
Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States and Canada. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app.
