Affirm Holdings, Inc. (AFRM)

US — Technology Sector
Peers: IOT  VRSN  TOST  CHKP  GRAB  PTC  FIG  CYBR  TTD  NTNX 

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Key Metrics & Ratings

  • symbol AFRM
  • Rev/Share 10.4751
  • Book/Share 9.9894
  • PB 6.2056
  • Debt/Equity 2.4124
  • CurrentRatio 14.6124
  • ROIC 0.0092

 

  • MktCap 20461264882.0
  • FreeCF/Share 2.3293
  • PFCF 26.6003
  • PE 87.8219
  • Debt/Assets 0.6933
  • DivYield 0
  • ROE 0.0775

 

  • Rating C
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade AFRM Morgan Stanley Equal Weight Overweight -- $76 Feb. 3, 2026
Upgrade AFRM Needham Hold Buy -- $100 Jan. 27, 2026
Initiation AFRM Wolfe Research -- Peer Perform -- -- Dec. 9, 2025
Initiation AFRM Citigroup -- Buy -- $100 Oct. 23, 2025
Initiation AFRM Wells Fargo -- Overweight -- $89 Oct. 22, 2025
Upgrade AFRM Rothschild & Co Redburn Neutral Buy -- $101 Oct. 6, 2025
Initiation AFRM Rothschild & Co Redburn -- Neutral -- $74 Aug. 1, 2025
Initiation AFRM Oppenheimer -- Outperform -- $80 July 21, 2025
Resumed AFRM Deutsche Bank -- Buy -- $78 July 17, 2025
Downgrade AFRM BTIG Research Buy Neutral -- -- July 14, 2025

News

Affirm to Report Q2 Earnings: Will Higher GMV & Consumers Help?
AFRM
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Neutral

AFRM heads into fiscal Q2 earnings with GMV expected to rise nearly 32%, revenue growth above 20%, and rising merchants and consumers lifting transactions.

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image for news Affirm to Report Q2 Earnings: Will Higher GMV & Consumers Help?
Curious about Affirm Holdings (AFRM) Q2 Performance? Explore Wall Street Estimates for Key Metrics
AFRM
Published: February 02, 2026 by: Zacks Investment Research
Sentiment: Positive

Besides Wall Street's top-and-bottom-line estimates for Affirm Holdings (AFRM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2025.

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image for news Curious about Affirm Holdings (AFRM) Q2 Performance? Explore Wall Street Estimates for Key Metrics
Affirm: Groceries On Credit? The Shift In BNPL And The Credit Market
AFRM
Published: January 27, 2026 by: Seeking Alpha
Sentiment: Positive

Affirm Holdings, Inc. remains a Buy due to sustained GAAP profitability, robust 42% GMV growth, and expanding margins despite regulatory and valuation headwinds. AFRM's active consumers rose to 24.1 million, with transactions per user up 20% and Affirm Card adoption surging 101%, underscoring deepening user engagement. Klarna's stock has fallen over 40% post-IPO; while scale and revenue growth are evident, persistent losses and market skepticism warrant caution until profitability is proven.

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image for news Affirm: Groceries On Credit? The Shift In BNPL And The Credit Market
Affirm and Fiserv Team to Bring BNPL to Debit Programs
AFRM, FISV
Published: January 26, 2026 by: PYMNTS
Sentiment: Positive

Payments and financial services company Fiserv has launched a partnership with pay-over-time provider Affirm. This collaboration is designed to bring buy now, pay later (BNPL) capabilities to the debit card programs at Fiserv's bank and credit union partners as consumers seek flexible payment options, the companies said in a Monday (Jan. 26) news release.

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image for news Affirm and Fiserv Team to Bring BNPL to Debit Programs
Affirm Is Expanding Buy Now, Pay Later Services for Rent Payments
AFRM
Published: January 26, 2026 by: MarketBeat
Sentiment: Neutral

Over the past month, financial stocks have been getting hammered. Of the S&P 500's 11 sectors, the group has performed the worst with a loss of 2.73%.

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image for news Affirm Is Expanding Buy Now, Pay Later Services for Rent Payments
BNPL Provider Affirm Applies to Establish Bank Subsidiary
AFRM
Published: January 23, 2026 by: PYMNTS
Sentiment: Positive

Buy now, pay later (BNPL) provider Affirm aims to establish a bank subsidiary called Affirm Bank. Affirm submitted applications to the Nevada Financial Institutions Division and the Federal Deposit Insurance Corporation (FDIC) to establish a Nevada-chartered industrial loan company, the company said in a Friday (Jan. 23) press release.

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image for news BNPL Provider Affirm Applies to Establish Bank Subsidiary
Affirm submits applications to establish industrial loan company
AFRM
Published: January 23, 2026 by: Business Wire
Sentiment: Neutral

SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM) (“Affirm” or the “Company”) today announced that it has submitted applications to the Nevada Financial Institutions Division and the Federal Deposit Insurance Corporation (“FDIC”) to establish Affirm Bank, a proposed Nevada-chartered industrial loan company. The proposed bank subsidiary would enable Affirm to continue scaling responsibly while having an FDIC-insured institution. This would help Affirm expand access to honest f.

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image for news Affirm submits applications to establish industrial loan company
'Buy Now, Cry Later'? Kerrisdale Says Affirm Is A Subprime Time Bomb
AFRM
Published: January 21, 2026 by: Benzinga
Sentiment: Negative

Affirm Holdings Inc (NASDAQ: AFRM) stock has been ripping higher, returning investors about 30% over the past year. Analysts have price targets suggesting at least 30-40% upside, and retail optimism is building — but Kerrisdale Capital says the entire rally is built on a familiar and dangerous illusion.

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image for news 'Buy Now, Cry Later'? Kerrisdale Says Affirm Is A Subprime Time Bomb
Affirm to offer buy now, pay later option for rent payments
AFRM
Published: January 19, 2026 by: Fox Business
Sentiment: Positive

Affirm partners with Esusu to pilot zero-fee rent payment splitting program, allowing renters to pay monthly rent in two biweekly installments at 0% APR.

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image for news Affirm to offer buy now, pay later option for rent payments
Will Affirm's Smart Underwriting Shift Redefine BNPL Risk?
AFRM
Published: January 15, 2026 by: Zacks Investment Research
Sentiment: Neutral

AFRM adds real-time bank data to underwriting, aiming for sharper risk decisions and wider approvals.

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image for news Will Affirm's Smart Underwriting Shift Redefine BNPL Risk?
Affirm: Credit Card Interest Rate Cap Could Be Bullish
AFRM, AXP, COF, MBC, V
Published: January 13, 2026 by: Seeking Alpha
Sentiment: Positive

Affirm Holdings remains the leading U.S. BNPL platform, with strong execution, resilient credit metrics, and a multi-year growth runway. AFRM's upcoming quarter, covering the robust holiday shopping period, is expected to showcase continued strength as consumer adoption of BNPL accelerates. Potential credit card interest rate caps could structurally benefit BNPL providers like AFRM, driving further market share gains among underbanked consumers.

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image for news Affirm: Credit Card Interest Rate Cap Could Be Bullish
Affirm Holdings, Inc. (AFRM) is Attracting Investor Attention: Here is What You Should Know
AFRM
Published: January 09, 2026 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Affirm Holdings (AFRM). This makes it worthwhile to examine what the stock has in store.

Read More
image for news Affirm Holdings, Inc. (AFRM) is Attracting Investor Attention: Here is What You Should Know
Buy 3 Fintech Bigwigs for 2026 to Tap Global Digital Finance Revolution
AFRM, HOOD, SOFI
Published: December 29, 2025 by: Zacks Investment Research
Sentiment: Positive

HOOD, SOFI and AFRM lead a fintech trio poised to ride AI, mobile growth and lower rates into 2026's digital finance boom.

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image for news Buy 3 Fintech Bigwigs for 2026 to Tap Global Digital Finance Revolution
Affirm Holdings, Inc. (AFRM) is Attracting Investor Attention: Here is What You Should Know
AFRM
Published: December 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Affirm Holdings (AFRM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

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image for news Affirm Holdings, Inc. (AFRM) is Attracting Investor Attention: Here is What You Should Know
Affirm Holdings (AFRM) Stock Drops Despite Market Gains: Important Facts to Note
AFRM
Published: December 23, 2025 by: Zacks Investment Research
Sentiment: Neutral

Affirm Holdings (AFRM) closed at $75.64 in the latest trading session, marking a -3.73% move from the prior day.

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image for news Affirm Holdings (AFRM) Stock Drops Despite Market Gains: Important Facts to Note
AFRM vs. AXP: Which Fintech Play is the Better Bet for 2026?
AFRM, AXP
Published: December 22, 2025 by: Zacks Investment Research
Sentiment: Positive

Affirm's rapid growth, expanding merchant network and embedded BNPL model give it an edge over legacy players like AmEx, heading into 2026.

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image for news AFRM vs. AXP: Which Fintech Play is the Better Bet for 2026?
Why Affirm Jumped 12% Yesterday — Does the Rally Have Legs?
AFRM
Published: December 17, 2025 by: 24/7 Wall Street
Sentiment: Positive

Affirm Holdings ( NASDAQ: AFRM ) is a fast-growing leader in the buy now, pay later (BNPL) sector, offering consumers flexible installment payments for purchases.

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image for news Why Affirm Jumped 12% Yesterday — Does the Rally Have Legs?
Affirm Holdings, Inc. (AFRM) Is a Trending Stock: Facts to Know Before Betting on It
AFRM
Published: December 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Affirm Holdings (AFRM). This makes it worthwhile to examine what the stock has in store.

Read More
image for news Affirm Holdings, Inc. (AFRM) Is a Trending Stock: Facts to Know Before Betting on It
Affirm Expands Merchant Network: But Is Revenue Growth Keeping Up?
AFRM
Published: December 12, 2025 by: Zacks Investment Research
Sentiment: Positive

AFRM grows its merchant network 30% YoY to 419,000, driving engagement and revenues up 34% in Q1 FY26.

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image for news Affirm Expands Merchant Network: But Is Revenue Growth Keeping Up?
Will AFRM's Active Consumer Base Growth Translate Into a Strong FY26?
AFRM
Published: December 09, 2025 by: Zacks Investment Research
Sentiment: Positive

Affirm's rising active consumer base and surging transactions spotlight momentum as the company navigates challenges heading into FY26.

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image for news Will AFRM's Active Consumer Base Growth Translate Into a Strong FY26?
Market Loves Affirm at 54.6X Premium Valuation: But is Love Blind?
AFRM
Published: December 08, 2025 by: Zacks Investment Research
Sentiment: Positive

AFRM's rich valuation towers over BNPL rivals as analysts still see upside, raising questions about how much growth is already priced in.

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image for news Market Loves Affirm at 54.6X Premium Valuation: But is Love Blind?
Why Affirm Holdings (AFRM) is a Top Momentum Stock for the Long-Term
AFRM
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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image for news Why Affirm Holdings (AFRM) is a Top Momentum Stock for the Long-Term
Investors Heavily Search Affirm Holdings, Inc. (AFRM): Here is What You Need to Know
AFRM
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Affirm Holdings (AFRM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Investors Heavily Search Affirm Holdings, Inc. (AFRM): Here is What You Need to Know
How Is Affirm Threading BNPL Growth Through Pacsun's Holiday Cart?
AFRM
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Neutral

AFRM taps Pacsun's holiday rush with new pay-over-time options, aiming to lift volume as young shoppers embrace BNPL.

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image for news How Is Affirm Threading BNPL Growth Through Pacsun's Holiday Cart?
Can Affirm's Low-Ticket Purchases Outgrow Its Big-Ticket Categories?
AFRM
Published: December 02, 2025 by: Zacks Investment Research
Sentiment: Positive

AFRM shifts focus to everyday low-ticket purchases, boosting transactions, loyalty and platform growth beyond big-ticket items.

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image for news Can Affirm's Low-Ticket Purchases Outgrow Its Big-Ticket Categories?
Buy Now, Pay Later Companies Asked to Share Lending Practices
AFRM, KLAR, PYPL
Published: December 01, 2025 by: WSJ
Sentiment: Negative

Attorneys general from seven states are launching an inquiry into buy now, pay later lenders including Affirm, Klarna and PayPal.

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image for news Buy Now, Pay Later Companies Asked to Share Lending Practices
Mastercard's Stability Vs. Affirm's Velocity: Which Has More Upside?
AFRM, MA
Published: November 27, 2025 by: Zacks Investment Research
Sentiment: Positive

AFRM's BNPL-driven surge puts it ahead, while MA's global scale reach keeps it firmly in the race as flexible credit rapidly reshapes spending.

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image for news Mastercard's Stability Vs. Affirm's Velocity: Which Has More Upside?
Affirm is Winning Transactions, But the Price Tag Bites Hard
AFRM
Published: November 26, 2025 by: Zacks Investment Research
Sentiment: Positive

AFRM's soaring transactions and expanding ecosystem fuel investor excitement, but its rich valuation and rising risks test the rally's durability.

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image for news Affirm is Winning Transactions, But the Price Tag Bites Hard
New survey finds Canadians believe credit card fine print is more confusing than taxes, medication labels, and furniture manuals
AFRM
Published: November 25, 2025 by: Business Wire
Sentiment: Neutral

TORONTO--(BUSINESS WIRE)--Credit cards may be one of the most common ways Canadians pay for everyday expenses, but new research from Affirm (NASDAQ: AFRM) shows the terms and conditions behind them are among some of the most confusing everyday documents Canadians encounter. According to a national survey of 1,501 Canadians, only 41% ranked credit card terms and conditions among the top three easiest documents to understand, compared to 72% for medication labels, 69% for furniture assembly manua.

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image for news New survey finds Canadians believe credit card fine print is more confusing than taxes, medication labels, and furniture manuals
Here is What to Know Beyond Why Affirm Holdings, Inc. (AFRM) is a Trending Stock
AFRM
Published: November 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Affirm Holdings (AFRM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Here is What to Know Beyond Why Affirm Holdings, Inc. (AFRM) is a Trending Stock

About Affirm Holdings, Inc. (AFRM)

  • IPO Date 2021-01-13
  • Website https://www.affirm.com
  • Industry Software - Infrastructure
  • CEO Max Roth Levchin
  • Employees 2006

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. Its payments network and partnership with an originating bank, enables consumers to pay for a purchase over time with terms ranging from one to forty-eight months. As of June 30, 2021, the company had approximately 29,000 merchants integrated on its platform covering small businesses, large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies. Its merchants represent a range of industries, including sporting goods and outdoors, furniture and homewares, travel, apparel, accessories, consumer electronics, and jewelry. The company was founded in 2012 and is headquartered in San Francisco, California.