Affirm Holdings マネジメント
マネジメント 基準チェック /44
Affirm Holdingsの CEO はMax Levchinで、 Jan2012年に任命され、 の在任期間は 14.5年です。 の年間総報酬は$ 538.31Kで、 7.2%給与と92.8%のボーナス（会社の株式とオプションを含む）で構成されています。 は、会社の株式の8.13%を直接所有しており、その価値は$ 1.91B 。経営陣と取締役会の平均在任期間はそれぞれ3年と5.2年です。
主要情報
Max Levchin
最高経営責任者
US$538.3k
報酬総額
| CEO給与比率 | 7.21% |
| CEO在任期間 | 14.5yrs |
| CEOの所有権 | 8.1% |
| 経営陣の平均在職期間 | 3yrs |
| 取締役会の平均在任期間 | 5.2yrs |
経営陣の近況
Recent updates
ナラティブ更新 • Jul 21
AFRM: Rising Market Confidence And Funding Access Will Support Future Upside
The updated analyst price target for Affirm Holdings rises from $100.00 to $116.37, reflecting analysts' revised models that factor in recent target increases across the Street, broadly supportive views on consumer fintech conditions, and ongoing comfort with Affirm's growth, funding, and credit profile, despite at least one valuation-driven downgrade. Analyst Commentary Recent research coverage on Affirm Holdings shows a cluster of price target revisions and fresh coverage that, taken together, point to a generally constructive stance on the stock.Seeking Alpha • Jul 13
Affirm: Easy Money Will Be Gone By The Time It Feels Safe
Summary Affirm is now a free cash flow machine, poised to generate over $1 billion in FCF in the next twelve months. AFRM is expected to deliver 24%-25% revenue growth in fiscal 2027, with annual revenues surpassing $5 billion. Profitability is accelerating: management has consistently raised non-GAAP operating margin guidance, targeting 29% next fiscal year. At 25x forward FCF and a PEG of ~1x, AFRM appears undervalued despite competitive risks and current risk-off sentiment. Read the full article on Seeking Alpha
ナラティブ更新 • Jul 07
AFRM: Future Returns Will Rely On Sustaining 100b GMV Without Execution Missteps
Affirm Holdings' updated analyst price target framework reflects a modest fair value trim to about $61 from roughly $63, as analysts factor in stronger growth and margin assumptions alongside a lower modeled P/E multiple and slightly reduced discount rate following a series of recent target lifts and one valuation-driven downgrade. Analyst Commentary Recent Street research on Affirm Holdings shows a split view, with several large firms lifting price targets while at least one high profile institution has taken a more measured stance on the stock after a strong run.ナラティブ更新 • Jun 23
AFRM: Future Returns Will Depend On Achieving Ambitious 100b GMV Target
Analysts have lifted the fair value estimate for Affirm Holdings from $53.00 to about $63.17, citing higher price targets driven by updated volume expectations, Affirm's $100b gross merchandise volume ambition, and a generally more constructive view on profitability and sector trends. Analyst Commentary on Affirm Holdings Recent Street research on Affirm Holdings points to a mixed backdrop, with several firms lifting price targets while others trim expectations or strike a more cautious tone.ナラティブ更新 • Jun 09
AFRM: Expanded Funding And Commerce Partnerships Will Support Future Upside Potential
Analysts have lifted their targets on Affirm Holdings, with several firms nudging price objectives higher by low to mid single digit dollar amounts. They point to stronger projected Gross Merchandise Volume, supportive retail spending trends, and recent promotional activity as key drivers behind refreshed models.ナラティブ更新 • 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.
ナラティブ更新 • 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.ナラティブ更新 • 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.ナラティブ更新 • 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.ナラティブ更新 • 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.ナラティブ更新 • 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.ナラティブ更新 • 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.ナラティブ更新 • 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.ナラティブ更新 • 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.ナラティブ更新 • 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.ナラティブ更新 • 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.ナラティブ更新 • 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.ナラティブ更新 • 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.ナラティブ更新 • 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.ナラティブ更新 • 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.分析記事 • 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...ナラティブ更新 • 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.ナラティブ更新 • 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.
新しいナラティブ • 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 AlphaCEO報酬分析
| 日付 | 総報酬 | 給与 | 会社業績 |
|---|---|---|---|
| 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$113m |
報酬と市場: Maxの 総報酬 ($USD 538.31K ) は、 US市場 ($USD 14.63M ) の同様の規模の企業の平均を下回っています。
報酬と収益: Maxの報酬は、過去 1 年間の会社の業績と一致しています。
CEO
Max Levchin (50 yo)
14.5yrs
在職期間
US$538,307
報酬
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...
リーダーシップ・チーム
| 名称 | ポジション | 在職期間 | 報酬 | 所有権 |
|---|---|---|---|---|
| Founder | 14.5yrs | US$538.31k | 8.13% $ 1.9b | |
| President & Director | 3.6yrs | US$8.57m | 0.59% $ 138.2m | |
| Chief Financial Officer | 1.7yrs | US$6.42m | 0.0055% $ 1.3m | |
| Chief Operating Officer | 1.8yrs | US$9.07m | 0.036% $ 8.4m | |
| Chief Legal & Compliance Officer and Secretary | 5yrs | US$4.34m | 0.044% $ 10.2m | |
| Chief Accounting Officer | 2.5yrs | データなし | 0.070% $ 16.5m | |
| Head of Investor Relations | no data | データなし | データなし | |
| Chief Capital Officer | no data | データなし | データなし | |
| Chief Revenue Officer | no data | データなし | データなし | |
| Senior Vice President of Revenue | no data | データなし | データなし | |
| Senior Vice President of Engineering | no data | データなし | データなし |
3.0yrs
平均在職期間
50yo
平均年齢
経験豊富な経営陣: AFRMの経営陣は 経験豊富 であると考えられます ( 3年の平均在職年数)。
取締役
| 名称 | ポジション | 在職期間 | 報酬 | 所有権 |
|---|---|---|---|---|
| Founder | 14.5yrs | US$538.31k | 8.13% $ 1.9b | |
| President & Director | 5.2yrs | US$8.57m | 0.59% $ 138.2m | |
| Non-Independent Director | 5.5yrs | US$253.94k | 0.013% $ 3.2m | |
| independent Director | 1yr | データなし | 0.00094% $ 221.1k | |
| Independent Director | 2yrs | US$766.44k | 0.0026% $ 604.5k | |
| Independent Director | 13.5yrs | US$267.94k | 0.093% $ 21.9m | |
| Lead Independent Director | 8.5yrs | US$291.94k | 0.037% $ 8.8m | |
| Director | no data | データなし | データなし | |
| Independent Director | 2.7yrs | US$262.46k | 0.0081% $ 1.9m | |
| Independent Director | 3.8yrs | US$269.96k | 0.0097% $ 2.3m |
5.2yrs
平均在職期間
55.5yo
平均年齢
経験豊富なボード: AFRMの 取締役会 は 経験豊富 であると考えられます ( 5.2年の平均在任期間)。
企業分析と財務データの現状
| データ | 最終更新日（UTC時間） |
|---|---|
| 企業分析 | 2026/07/26 09:14 |
| 終値 | 2026/07/24 00:00 |
| 収益 | 2026/03/31 |
| 年間収益 | 2025/06/30 |
データソース
企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。
| パッケージ | データ | タイムフレーム | 米国ソース例 |
|---|---|---|---|
| 会社財務 | 10年 |
| |
| アナリストのコンセンサス予想 | +プラス3年 |
|
|
| 市場価格 | 30年 |
| |
| 所有権 | 10年 |
| |
| マネジメント | 10年 |
| |
| 主な進展 | 10年 |
|
* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。
特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。
分析モデルとスノーフレーク
このレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。
シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。
業界およびセクターの指標
私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。
アナリスト筋
Affirm Holdings, Inc. 32 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。43
| アナリスト | 機関 |
|---|---|
| David Koning | Baird |
| Ramsey El-Assal | Barclays |
| Harshita Rawat | Bernstein |