Affirm Holdings Gestione
Criteri Gestione verificati 4/4
Affirm Holdings Il CEO è Max Levchin, nominato in Jan2012, e ha un mandato di 14.33 anni. la retribuzione annua totale è $ 538.31K, composta da 7.2% di stipendio e 92.8% di bonus, comprese azioni e opzioni aziendali. possiede direttamente 8.13% delle azioni della società, per un valore di $ 1.99B. La durata media del mandato del team dirigenziale e del consiglio di amministrazione è rispettivamente 2.9 anni e 5 anni.
Informazioni chiave
Max Levchin
Amministratore delegato
US$538.3k
Compenso totale
| Percentuale dello stipendio del CEO | 7.21% |
| Mandato del CEO | 14.3yrs |
| Proprietà del CEO | 8.1% |
| Durata media del management | 2.9yrs |
| Durata media del Consiglio di amministrazione | 5yrs |
Aggiornamenti recenti sulla gestione
Recent updates
Aggiornamento della narrazione • May 26
AFRM: Expanding AI Commerce Partnerships Will Support Future Upside Potential
The analyst price target for Affirm Holdings in this update is set at $100, down from $110. This reflects analysts' use of a slightly lower revenue growth outlook alongside higher margin and lower P/E assumptions, following a series of mostly supportive research notes about the company and its recent analyst day.Seeking Alpha • May 09
Affirm: Buy Now, Rally Later - Long Game Still Promising
Summary Affirm executes a highly successful growth flywheel across user acquisition, merchant adoption, and cross-selling trends, despite the uncertain macroeconomic/geopolitical environment. Thanks to the growing demand for 0% APR offerings and the Affirm Card, the fintech already reports an expanding customer base and higher engagement trends. These translate to AFRM's outsized FQ3'26 performance and the thrice-raised FY2026 guidance, aided by the richer margins and the resilient credit metrics. These reasons are also why the stock deserves the premium P/E valuations, thanks to the fintech's high double digits growth rates outperforming the sector's low double digits growth prospects. While AFRM's near-term return prospects may underwhelm after the recently outsized rally, the stock remains a Great Buy for the patient. Read the full article on Seeking Alpha
Aggiornamento della narrazione • Apr 23
AFRM: Expanded Payment Partnerships And Fair Financing Execution Will Drive Future Upside
Narrative Update: Affirm Holdings The updated analyst price target for Affirm Holdings shifts from approximately $86 to about $79, as analysts weigh slightly higher revenue growth assumptions against lower margin expectations and reduced forward P/E multiples, while still reflecting a broadly constructive tone in recent research coverage. Analyst Commentary Recent research on Affirm reflects a mix of constructive long term views and shorter term caution, with updates clustering around changes to price targets, competitive pressures and macro risk to its credit book.
Aggiornamento della narrazione • Apr 08
AFRM: Future Returns Will Rely On Embedded Commerce Offsetting BNPL Credit Concerns
Affirm Holdings' updated analyst price target remains anchored by a fair value estimate of $53.00, with small tweaks to revenue growth, profit margin and discount rate assumptions as analysts balance recent target cuts across the group with ongoing views that Affirm is a best in class buy now pay later name within payments. Analyst Commentary Recent Street research around Affirm shows a split view.Aggiornamento della narrazione • Mar 25
AFRM: Future Returns Will Hinge On Embedded Payments Outweighing BNPL Credit Fears
The analyst fair value estimate for Affirm has shifted from $55.74 to $53.00 as analysts factor in higher projected revenue growth and a richer future P/E of about 38.6x, alongside lower margin expectations and a slightly higher discount rate, influenced by a mix of renewed Buy ratings, trimmed price targets, and ongoing debates around BNPL competition and credit risk. Analyst Commentary Recent Street research on Affirm highlights a split view.Aggiornamento della narrazione • Mar 10
AFRM: BNPL Partnerships And Sector Support Will Drive Future Upside Potential
The analyst price target for Affirm has been revised to $110 from $115, as analysts factor in updated sector multiples, a slightly higher discount rate, and expectations for revenue growth and profit margins, while still viewing the company as a high-quality BNPL name within payments. Analyst Commentary Recent research on Affirm highlights a mix of fresh initiations, reinstatements, and target revisions, with several bullish analysts framing the stock as a higher quality BNPL name within the broader payments and specialty finance groups.Aggiornamento della narrazione • Feb 24
AFRM: Future Returns Will Depend On Embedded Payments Outweighing Credit And BNPL Fears
Analysts have trimmed their fair value estimate for Affirm Holdings, with the implied price target moving from about $64.44 to $55.74 as they factor in lower peer multiples, ongoing BNPL competition and macro risk around its credit products, even as some still see longer term category growth potential. Analyst Commentary Recent Street research around Affirm highlights a mix of optimism on the broader buy now, pay later theme and caution on how that translates into equity value for the stock.Aggiornamento della narrazione • Feb 10
AFRM: Expanding Embedded Payment Partnerships Will Support Future Upside Potential
Narrative Update Analysts have trimmed their price target on Affirm Holdings by about $6.71, reflecting updated views on fair value, a slightly higher discount rate, modestly adjusted revenue growth assumptions, a higher profit margin outlook, and a lower future P/E multiple following a mix of recent target cuts and upgrades across the Street. Analyst Commentary Street research on Affirm has been active, with several firms revisiting their fair value frameworks, tightening price targets, and updating ratings as they reassess growth, profitability, and sector positioning.Aggiornamento della narrazione • Jan 27
AFRM: Future Returns Will Hinge On Embedded Payments And Credit Discipline
Analysts trimmed their implied price target for Affirm Holdings by a small amount, reflecting slightly higher discount rate assumptions and peer group valuation changes, while still pointing to firm BNPL volume expectations and fresh bullish coverage that highlight the product's growing role as an embedded payment tool across online and offline commerce. Analyst Commentary Recent research on Affirm highlights a mix of optimism around the long term role of buy now pay later, alongside more cautious adjustments to price targets that reflect changing sector assumptions and peer valuations.Aggiornamento della narrazione • Jan 11
AFRM: Future Returns Will Depend On Execution In A Tougher Credit Cycle
Analysts have inched their fair value estimate for Affirm Holdings higher to roughly US$64.50 per share, citing updated sector views on buy now pay later growth, refined profit margin expectations, and adjusted P/E assumptions that align with recent price target changes across the specialty finance group. Analyst Commentary Recent Street research presents a mixed backdrop for Affirm, with some firms reaffirming positive views on the broader buy now pay later theme while trimming individual price targets for the stock.Aggiornamento della narrazione • Dec 25
AFRM: Future Returns Will Depend On Sustaining Key Merchant Partnerships
Affirm Holdings' analyst price target has edged lower by roughly $2 to the mid $80s range, as analysts factor in lower sector valuation multiples despite reaffirmed confidence in the company’s accelerating revenue growth, improving profitability, and long term expansion opportunities. Analyst Commentary Recent Street research on Affirm reflects a more measured stance on the stock, even as analysts acknowledge the company’s strong execution and expanding partnerships.Aggiornamento della narrazione • Dec 11
AFRM: Expanding Platform Partnerships Will Drive Future Upside Momentum
Analysts have modestly trimmed their price target on Affirm Holdings, with the average estimate easing by a few dollars to the mid to high $80s range as they recalibrate valuations to lower peer multiples. At the same time, they are citing resilient consumer demand, strengthening profitability and reinforcing growth drivers from deepening partnerships with platforms like Amazon and Apple Pay, along with international expansion.Aggiornamento della narrazione • Nov 27
AFRM: Expanding Partnerships And International Access Will Drive Upside Momentum
Affirm Holdings' analyst price target has been revised downward from approximately $96 to $93 per share. Analysts cite adjustments to peer valuations and sector multiples, even as they note stronger projected revenue growth and an improved profit margin outlook.Aggiornamento della narrazione • Nov 05
AFRM: Expanded Partnerships And International Reach Will Support Ongoing Upside Momentum
Analysts have slightly reduced their fair value estimate for Affirm Holdings from $96.31 to $96.14, citing moderating revenue growth and profit margin assumptions. This adjustment is offset by sustained optimism around the company’s expanding market position and solid quarterly execution.Aggiornamento della narrazione • Oct 22
Analysts Weigh Affirm Holdings Prospects Amid Slight Valuation Shift and Ongoing Growth Momentum
Affirm Holdings’ analyst fair value estimate saw a minor decrease to $96.31 from $96.48. Analysts cited continued momentum in gross merchandise volume and stable user spending, but noted slightly tempered projections for revenue growth and profit margins.Aggiornamento della narrazione • Oct 08
Merchant Adoption And Global Expansion Will Drive Future Success
Affirm Holdings' analyst price target has been revised upward to $96.48. This reflects increased confidence among analysts in its international expansion, higher growth expectations, and recent strong operating results.Articolo di analisi • Sep 20
Affirm Holdings, Inc. (NASDAQ:AFRM) Looks Just Right With A 26% Price Jump
Despite an already strong run, Affirm Holdings, Inc. ( NASDAQ:AFRM ) shares have been powering on, with a gain of 26...Aggiornamento della narrazione • Sep 12
Merchant Adoption And Global Expansion Will Drive Future Success
Affirm’s price target was revised higher to $95.03 as analysts highlighted strong GMV growth, resilient fundamentals, and improving credit quality driven by a shift toward 0% APR products, while noting margin risks from intensifying BNPL competition. Analyst Commentary Bullish analysts cite Affirm’s strong quarterly results, with beats across revenue, earnings, and especially Gross Merchandise Volume (GMV), as well as the company’s above-expectation FY26 guidance despite the loss of a key enterprise client.Aggiornamento della narrazione • Aug 27
International E-Commerce Expansion Will Unlock Digital Financing Potential
Affirm Holdings’ consensus price target has been raised to $76.68, reflecting analyst optimism about strong BNPL growth, resilient earnings trends, and new partnerships outweighing competitive pressure and margin concerns. Analyst Commentary Bullish analysts cite stable macroeconomic conditions, continued strong spending trends in fintech and Buy Now Pay Later (BNPL) segments, and positive Q2 earnings momentum as primary reasons for raising price targets.Articolo di analisi • Jun 20
Revenues Tell The Story For Affirm Holdings, Inc. (NASDAQ:AFRM) As Its Stock Soars 31%
Affirm Holdings, Inc. ( NASDAQ:AFRM ) shareholders would be excited to see that the share price has had a great month...
Nuova narrazione • Apr 22
0% APR Loans And AI Will Redefine Consumer Lending
Expanding 0% APR loans and consumer network aims to boost customer base and transaction volumes, fostering revenue and GMV growth.Seeking Alpha • Mar 28
Affirm: What Does Losing Walmart Mean For Affirm?
Summary Today, I will walk us through the implications of the recent Klarna-Walmart deal. For those just tuning in, Klarna recently captured Affirm's contract with Walmart, resulting in Affirm losing its Walmart business. I will explore this development in detail with you. While the loss of the Walmart business isn't good for Affirm, I do not believe it impairs the thesis in any sense. In fact, I think the thesis is as strong as ever. Read the full article on Seeking AlphaSeeking Alpha • Mar 10
Affirm: Rating Upgrade With GAAP Profitability Imminent
Summary Affirm has shown strong execution with an uncanny track record of crushing guidance. The company achieved a surprise GAAP net profit in the quarter and expects sustainable GAAP operating profitability by fiscal year-end. Despite potential volatility and market downturn risks, Affirm's strong balance sheet and management's track record show that this time it's different. I am upgrading the stock given the strong fundamental momentum. Read the full article on Seeking AlphaSeeking Alpha • Feb 07
Affirm Holdings Q2: A Perfect Time To Take Profits (Rating Downgrade)
Summary Affirm Holdings, Inc.'s shares surged 22% due to strong Q2 '25 earnings, driven by a surge in gross merchandise volume and revenues. Affirm's Q2 bottom line was $0.23 per share, beating consensus by $0.46, with revenue $59M higher than expected. The company benefited from higher transactions per account and submitted a strong outlook for Q3 '25. Despite better-than-expected earnings, AFRM stock is now very highly valued with a P/S ratio of 6.3X… which is about 90% above the historical, 3-year average valuation ratio. Read the full article on Seeking AlphaSeeking Alpha • Jan 15
Affirm: Minimal Gains Expected From Here (Technical Analysis)
Summary Affirm stock is up nearly 500% since its 2023 low, but technicals have turned net bearish, indicating potential for further pullback. The stock has broken below its uptrend line, with moving averages and indicators showing signs of near-term weakness and potential downtrend development. Despite bearish technicals, Affirm's fundamentals are strong with significant revenue growth and narrowed net losses, making the stock modestly undervalued based on P/S and P/B ratios. Given the bearish technical outlook but attractive valuation, I rate Affirm as a hold, with potential for further pullback in the near term. Read the full article on Seeking AlphaSeeking Alpha • Jan 08
Affirm: Big Bull For 2025
Summary Affirm's strong 2024 performance, driven by robust execution and rising BNPL demand, positions it for continued growth and profitability in 2025. Affirm's market leadership in BNPL, expanding partnerships, and favorable consumer trends offer significant growth opportunities, despite competitive and credit quality risks. Valuation remains an investor pushback, but Affirm's growth prospects and improved profitability could support multiple expansion upon consistent execution. Read the full article on Seeking AlphaSeeking Alpha • Dec 07
Affirm: Wait Now, Buy Later
Summary In 1Q25, AFRM continues to expand its market share to 34% and post strong revenue growth (+41% y/y). Additionally, the company estimated that overall GMV increased by 36% y/y. AFRM is making meaningful progress towards profitability. As a percentage of revenues, RLTC ex-provisions have improved substantially, while major expenses have declined. Valuation analysis based on price-to-sales and revenue growth suggests that the company is overvalued by more than 30%, making AFRM unattractive at this stage. Ultimately, AFRM is a highly volatile company (90% annualized volatility) with an extremely elevated beta of more than 3. Hence, investors should exercise caution and wait for a better entry point. Read the full article on Seeking AlphaSeeking Alpha • Nov 19
Affirm Holdings Could Be Set For A Breakout
Summary Affirm Holdings is experiencing robust growth in sales, Gross Merchandise Volume, and payment transactions, driven by high engagement on its BNPL platform and Affirm Card adoption. The company's 1Q25 earnings report shows a 41% YoY sales increase and a 35% YoY rise in Gross Merchandise Volume, indicating strong business development. Lower interest rates could further boost Affirm's BNPL services, enhancing its profitability and making it a promising long-term investment with a favorable risk/reward profile. Affirm Holdings is rated 'Buy' due to its potential for substantial growth, efficient cost structure, and promising product lineup, particularly the Affirm Card. Read the full article on Seeking AlphaSeeking Alpha • Nov 05
Affirm: Look Beyond Next Earnings Release
Summary Affirm benefits from Apple Pay’s BNPL exit and lower interest rates, boosting short-term growth prospects. Valued at around $47 per share, Affirm shows near-term potential but lacks a margin of safety for a long-term hold. Recommendation: Hold for a short-term increase, but consider selling due to rising competition and funding challenges. Read the full article on Seeking AlphaSeeking Alpha • Oct 22
Affirm: Still A Prime BNPL Player After A Moderate Pullback
Summary Affirm is likely to remain a long-term BNPL winner, thanks to its double-digit growth rates in GMV, Active Customer base, and Revenues. Despite market volatility and elevated interest rate environment, the fintech has been able to grow its positive adj operating margins while guiding FY2025 GAAP profitability. AFRM's growing merchant/ card fees arising from the higher transaction volumes may also balance the temporal rate normalization over the next two years. Given the consecutive double beats over the past six quarters and the relatively prudent FQ1'25 guidance, the management may record another beat and raise performance in November 2024. While AFRM remains a Buy, we offer a few caveats for interested investors attributed to the overly greedy market sentiments. Read the full article on Seeking AlphaSeeking Alpha • Sep 17
Affirm Holdings Is A Buy (Technical Analysis)
Summary Affirm shows bullish price action with a series of higher highs and lows, trading above an upward sloping 30-week EMA. Momentum, measured by PPO, is both short-term and long-term bullish, indicating strong upward movement. Institutional investors are accumulating AFRM shares, suggesting they believe the stock is undervalued. AFRM's relative strength is outperforming the SP 500 index, with a potential price target of $96, but consider stop losses. Read the full article on Seeking AlphaSeeking Alpha • Aug 29
Affirm: Unnecessary Focus On GAAP Profits
Summary Affirm reported impressive 48% revenue growth in FQ4 and recorded adjusted operating income of $150 million. The company has substantial catalysts in FY25 with digital wallets like Apple Pay and the expansion of use of the Affirm Card. The company aims for GAAP profitability by FQ4'25, a shift that may hinder stock performance due to market focus on meager GAAP metrics. Despite strong growth, Affirm's stock may face valuation challenges, trading at 20x adjusted operating income but potentially viewed as expensive. Read the full article on Seeking AlphaAnalisi delle retribuzioni degli amministratori delegati
| Data | Compenso totale | Stipendio | Utili della società |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$382m |
| Dec 31 2025 | n/a | n/a | US$282m |
| Sep 30 2025 | n/a | n/a | US$233m |
| Jun 30 2025 | US$538k | US$39k | US$52m |
| Mar 31 2025 | n/a | n/a | -US$62m |
| Dec 31 2024 | n/a | n/a | -US$199m |
| Sep 30 2024 | n/a | n/a | -US$446m |
| Jun 30 2024 | US$520k | US$38k | -US$518m |
| Mar 31 2024 | n/a | n/a | -US$679m |
| Dec 31 2023 | n/a | n/a | -US$750m |
| Sep 30 2023 | n/a | n/a | -US$906m |
| Jun 30 2023 | US$410k | US$35k | -US$985m |
| Mar 31 2023 | n/a | n/a | -US$966m |
| Dec 31 2022 | n/a | n/a | -US$815m |
| Sep 30 2022 | n/a | n/a | -US$652m |
| Jun 30 2022 | US$478k | US$29k | -US$707m |
| Mar 31 2022 | n/a | n/a | -US$644m |
| Dec 31 2021 | n/a | n/a | -US$877m |
| Sep 30 2021 | n/a | n/a | -US$744m |
| Jun 30 2021 | US$451m | US$10k | -US$441m |
| Mar 31 2021 | n/a | n/a | -US$283m |
| Dec 31 2020 | n/a | n/a | -US$81m |
| Sep 30 2020 | n/a | n/a | -US$99m |
| Jun 30 2020 | US$10k | US$10k | -US$113m |
Compensazione vs Mercato: La retribuzione totale di Max ($USD 538.31K ) è inferiore alla media delle aziende di dimensioni simili nel mercato US ($USD 14.78M ).
Compensazione vs guadagni: La retribuzione di Max è stata coerente con le performance aziendali dell'ultimo anno.
AMMINISTRATORE DELEGATO
Max Levchin (49 yo)
14.3yrs
Mandato
US$538,307
Compensazione
Mr. Max Roth Levchin serves as an Independent Director at The Coca-Cola Company since October 16, 2025. He serves as Advisor at FinRegLab, Inc. He serves as Founder, President & Chairman at Hard Valuable F...
Gruppo dirigente
| Nome | Posizione | Mandato | Compensazione | Proprietà |
|---|---|---|---|---|
| Founder | 14.3yrs | US$538.31k | 8.13% $ 2.0b | |
| President & Director | 3.4yrs | US$8.57m | 0.59% $ 143.1m | |
| Chief Financial Officer | 1.5yrs | US$6.42m | 0.0031% $ 760.3k | |
| Chief Operating Officer | 1.7yrs | US$9.07m | 0.033% $ 8.1m | |
| Chief Legal & Compliance Officer and Secretary | 4.8yrs | US$4.34m | 0.042% $ 10.2m | |
| Chief Accounting Officer | 2.3yrs | Nessun dato | 0.068% $ 16.6m | |
| Head of Investor Relations | no data | Nessun dato | Nessun dato | |
| Chief Capital Officer | no data | Nessun dato | Nessun dato | |
| Chief Revenue Officer | no data | Nessun dato | Nessun dato | |
| Senior Vice President of Revenue | no data | Nessun dato | Nessun dato | |
| Senior Vice President of Engineering | no data | Nessun dato | Nessun dato |
2.9yrs
Durata media
49yo
Età media
Gestione esperta: Il team dirigenziale di AFRM è considerato esperto (durata media dell'incarico 2.9 anni).
Membri del Consiglio di amministrazione
| Nome | Posizione | Mandato | Compensazione | Proprietà |
|---|---|---|---|---|
| Founder | 14.3yrs | US$538.31k | 8.13% $ 2.0b | |
| President & Director | 5yrs | US$8.57m | 0.59% $ 143.1m | |
| Non-Independent Director | 5.3yrs | US$253.94k | 0.013% $ 3.3m | |
| independent Director | less than a year | Nessun dato | Nessun dato | |
| Independent Director | 1.8yrs | US$766.44k | 0.0026% $ 628.3k | |
| Independent Director | 13.3yrs | US$267.94k | 0.093% $ 22.8m | |
| Lead Independent Director | 8.3yrs | US$291.94k | 0.039% $ 9.4m | |
| Independent Director | 2.5yrs | US$262.46k | 0.0081% $ 2.0m | |
| Independent Director | 3.7yrs | US$269.96k | 0.0097% $ 2.4m |
5.0yrs
Durata media
54yo
Età media
Consiglio di amministrazione esperto: I membri del consiglio di amministrazione di AFRM sono considerati esperti (durata media dell'incarico 5 anni).
Analisi aziendale e situazione dei dati finanziari
| Dati | Ultimo aggiornamento (ora UTC) |
|---|---|
| Analisi dell'azienda | 2026/05/29 09:21 |
| Prezzo dell'azione a fine giornata | 2026/05/29 00:00 |
| Utili | 2026/03/31 |
| Utili annuali | 2025/06/30 |
Fonti dei dati
I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.
| Pacchetto | Dati | Tempistica | Esempio Fonte USA * |
|---|---|---|---|
| Dati finanziari della società | 10 anni |
| |
| Stime di consenso degli analisti | +3 anni |
|
|
| Prezzi di mercato | 30 anni |
| |
| Proprietà | 10 anni |
| |
| Gestione | 10 anni |
| |
| Sviluppi principali | 10 anni |
|
* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.
Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.
Modello di analisi e Snowflake
I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.
Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.
Metriche di settore e industriali
Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.
Fonti analitiche
Affirm Holdings, Inc. è coperta da 44 analisti. 30 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.
| Analista | Istituzione |
|---|---|
| David Koning | Baird |
| Ramsey El-Assal | Barclays |
| Andrew Bauch | BMO Capital Markets Equity Research |