Affirm Holdings, Inc.

NasdaqGS:AFRM 주식 리포트

시가총액: US$22.5b

Affirm Holdings 향후 성장

Future 기준 점검 5/6

Affirm Holdings (는) 각각 연간 31% 및 19.3% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 28.3% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 21.5% 로 예상됩니다.

핵심 정보

31.0%

이익 성장률

28.27%

EPS 성장률

Diversified Financial 이익 성장8.1%
매출 성장률19.3%
향후 자기자본이익률21.48%
애널리스트 커버리지

Good

마지막 업데이트21 May 2026

최근 향후 성장 업데이트

Recent updates

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
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
분석 기사 • 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...
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
분석 기사 • 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...
User avatar
새로운 내러티브 • 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha

이익 및 매출 성장 예측

NasdaqGS:AFRM - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)
날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수
6/30/20286,5249542,5333,01522
6/30/20275,2516421,8201,97130
6/30/20264,2024311,0401,24229
3/31/20263,9723827871,009N/A
12/31/20253,716282619833N/A
9/30/20253,459233769972N/A
6/30/20253,22452602794N/A
3/31/20253,007-62609788N/A
12/31/20242,800-199613786N/A
9/30/20242,525-446380548N/A
6/30/20242,323-518291450N/A
3/31/20242,110-679279425N/A
12/31/20231,914-75033163N/A
9/30/20231,723-906-6660N/A
6/30/20231,588-985-10912N/A
3/31/20231,506-966-239-91N/A
12/31/20221,480-815-203-64N/A
9/30/20221,442-652-603-476N/A
6/30/20221,349-707-274-162N/A
3/31/20221,247-644-164-123N/A
12/31/20211,123-877-270-218N/A
9/30/2021966-744142174N/A
6/30/2021870-441-213-193N/A
3/31/2021762-283-242-202N/A
12/31/2020670-81-101-87N/A
9/30/2020596-99-75-55N/A
6/30/2020510-113-92-71N/A
6/30/2019264-135N/A-88N/A

애널리스트 향후 성장 전망

수입 대 저축률: AFRM 의 연간 예상 수익 증가율(31%)이 saving rate(3.5%)보다 높습니다.

수익 vs 시장: AFRM 의 연간 수익(31%)이 US 시장(16.7%)보다 빠르게 성장할 것으로 예상됩니다.

고성장 수익: AFRM 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.

수익 대 시장: AFRM 의 수익(연간 19.3%)이 US 시장(연간 11.7%)보다 빠르게 성장할 것으로 예상됩니다.

고성장 매출: AFRM 의 수익(연간 19.3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.

주당순이익 성장 예측

향후 자기자본이익률

미래 ROE: AFRM의 자본 수익률은 3년 후 21.5%로 높을 것으로 예상됩니다.

성장 기업 찾아보기

7D

1Y

7D

1Y

7D

1Y

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/21 09:38
종가2026/05/21 00:00
수익2026/03/31
연간 수익2025/06/30

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지분 구조10년
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경영진10년
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분석가 소스

Affirm Holdings, Inc.는 44명의 분석가가 다루고 있습니다. 이 중 30명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
David KoningBaird
Ramsey El-AssalBarclays
Andrew BauchBMO Capital Markets Equity Research