AFRM Stock Summary and Trading Ideas (Affirm Holdings - Class A | NASDAQ:AFRM)

Affirm Holdings Inc offers a platform for digital and mobile-first commerce. It comprises a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. The firm generates its revenue from merchant networks, and through virtual card networks among others. Geographically, it generates a majority share of its revenue from the United States.

Affirm Holdings - Class A trades on the NASDAQ stock market under the symbol AFRM.

As of January 14, 2025, AFRM stock price climbed to $55.35 with 3,761,743 million shares trading.

AFRM has a beta of 2.24, meaning it tends to be more sensitive to market movements. AFRM has a correlation of 0.16 to the broad based SPY ETF.

AFRM has a market cap of $17.19 billion. This is considered a Large Cap stock.

Last quarter Affirm Holdings - Class A reported $698 million in Revenue and -$.31 earnings per share. This beat revenue expectation by $34 million and exceeded earnings estimates by $.04.

In the last 3 years, AFRM traded as high as $83.57 and as low as $8.62.

The top ETF exchange traded funds that AFRM belongs to (by Net Assets): VTI, VB, VXF, VBK, SCHA.

AFRM has outperformed the market in the last year with a return of +32.4%, while the SPY ETF gained +23.6%. In the last 3 month period, AFRM beat the market returning +17.6%, while SPY returned +0.8%. However, in the most recent 2 weeks AFRM has underperformed the stock market by returning -11.6%, while SPY returned -1.0%.

AFRM support price is $52.20 and resistance is $57.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AFRM shares will trade within this expected range on the day.