Affirm Holdings (AFRM)
Information Technology · Financial Technology (FinTech) · NASDAQ
Affirm is a leading financial technology platform revolutionizing the payment industry with transparent, consumer-friendly point-of-sale financing and commerce solutions.
What Affirm Holdings does
Affirm operates a next-generation payment network that offers transparent financial products for consumers and commerce solutions for merchants. The company provides various point-of-sale financing options—including interest-bearing loans, 0% APR installment loans, and short-term Pay-in-X plans—as well as a consumer debit card that allows for flexible payment scheduling. Affirm utilizes a proprietary machine learning-based risk management platform to price credit at the transaction level, serving a wide range of merchants from small businesses to large enterprises.
Themes: Buy Now, Pay Later (BNPL), digital payments, consumer credit, machine learning in finance, point-of-sale financing, e-commerce infrastructure
Fundamentals
- Price$77.15 as of 2026-10-08 close
- Market cap$26.0B as of 2026-08-21 (share count; price 2026-10-08)
- 1-year return+2.5% 2025-10-08 close $75.25 → 2026-10-08 close $77.15
- P/E72.00 as of 2026-10-08
- Net margin+45.3% FY2026, SEC XBRL
- ROE+35.2% FY2026, SEC XBRL
- Debt / equity2.35 as of 2026-09-03
- Revenue growth (YoY)+32.1% as of 2026-09-03
- Revenue CAGR (3y)+39.0% SEC XBRL
- Beta2.47 as of 2026-09-03
- Last reported earnings2026-08-27 SEC EDGAR Form 8-K (Item 2.02)
How AFRM compares in its sector
- price-to-earnings ratiotop 25% 253 covered Information Technology peers, as of 2026-10-08
- net profit margintop 10% 380 covered Information Technology peers, as of 2026-09-03
- operating marginmiddle range 375 covered Information Technology peers, as of 2026-09-03
- return on equitytop 10% 370 covered Information Technology peers, as of 2026-09-03
- 3-year revenue CAGRtop 10% 385 covered Information Technology peers
- free cash flow (absolute dollars, latest fiscal year)top 25% 382 covered Information Technology peers, as of FY2026
Position among covered Information Technology companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
AFRM is not currently in any published Top 10 list. Its scores are below.
Top 10 score
57.0 #358 of 1,379 scored · #64 of 203 in Information Technology
Growth 91st (3-year revenue CAGR 39%, revenue growth year over year 32.1%) and profitability 67th (return on equity 35.2%, operating margin 9.8%); weakest is capital return (20th, consecutive years of dividend increases 0 years, net share count bought back over the year -2.3).
Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
How Affirm Holdings looks technically
Affirm Holdings (AFRM) is trading 15.2% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 73 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 9, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 61, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 6 trading days ago (its momentum flipped positive). It just made a new 20-day high, its first since 2026-08-28, pushing above its recent trading range.
Trend
8
| Distance from the 200-day | it is trading 15.2% above its 200-day average, the long-term trend line — a longer-term uptrend | +15.3% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $73.63 | $73.63 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $66.94 | $66.94 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 15 calendar days ago — the swings before that are what the structure reading is measured on | 15 sessions |
| Wave structure | its recent swings can be read as a completed three-part downward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes below 66.625. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave downward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 73 trading days ago — a "golden cross", a bullish long-term signal | 73 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 9, below the 25 that marks a real trend) | 9.4 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 61, neither overbought (above 70) nor oversold (below 30) | 60.9 |
|---|---|---|
| Position in its 14-day range | it is trading right at the top of its 14-day range ($66.63 to $77.19) — its "stochastic" reading is 100 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 99.7 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 6 trading days ago (its momentum flipped positive) | 6 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $90.44 | $90.44 |
|---|---|---|
| From the 52-week high | it is 14.7% below its 52-week high (its highest price of the past year) | -14.7% |
| Above the 52-week low | it is 83.3% above its 52-week low (its lowest price of the past year) | +83.3% |
| Below the 52-week high | it is 14.7% below its highest point of the past year | 14.7% |
| Since a 20-day breakout | it just made a new 20-day high, its first since 2026-08-28, pushing above its recent trading range | 1 session |
| Since a 55-day breakout | it made a new 55-day low about 9 trading days ago | 9 sessions |
| All-time high | its highest closing price on record is $176.65 (set on 2021-11-08) | $176.65 |
| Given back of the 52-week move | over the past year its closes ranged ($42.53 to $85.78), and it has given back roughly a quarter of its rise from last year’s low — 20% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $57.67 to $59.05. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 19.9% |
| From the all-time high | it is 56.3% below its all-time high | -56.3% |
| Nearest price level | it is trading 2.7% above a support level at $75.06 — a price it turned at twice since 2026-06-01, most recently on 2026-09-15. Since 2024-10-08 it has 10 such levels below the current price and 3 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -2.7% |
| All-time low | its lowest closing price on record is $8.62 (set on 2022-12-22) | $8.62 |
| Above the all-time low | it is 795.0% above its all-time low | +795.0% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 74% of it) | 26th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $3.26 between its high and its low — about 4.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $3.26 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $66.85 and $76.46 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $66.85 – $71.65 – $76.46 |
| Typical daily range (% of price) | its price moves about 4.2% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.2% |
| Stretch from the 200-day average | it is trading 3.1 daily ranges above its 200-day average price (15.3% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 3.1 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.97× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 0.4% since the prior reading | -0.4% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
2
| Since a hammer | 5 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 5 sessions ago |
|---|---|---|
| Since a bullish engulfing | 3 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 3 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-10-08 1.1% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -1.1% |
|---|---|---|
| Open gap | it gapped 2.5% below the previous close 27 sessions ago and has not traded back through the level it left behind at 77.76 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -2.5% |
| Gap filled | a 2.1% gap up opened on 2026-10-06 has been "filled" 2 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 2 sessions ago |
Price streaks
1
| Closing streak | it has closed higher 6 sessions in a row, a +11.44% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 6 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 6.0 percentage points (the stock gained 7.0% while the market gained 1.0%) | +6.0% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 8.9 percentage points (the stock lost 5.1% while the market gained 3.8%) | -8.9% |
| vs market, 6 months | over the past 6 months this stock beat the market by 41.8 percentage points (the stock gained 59.2% while the market gained 17.5%) | +41.8% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 12.5 percentage points (the stock gained 2.5% while the market gained 15.0%) | -12.4% |
Signal agreement
2
| Bullish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, a fresh 20-day high, MACD momentum is positive, outperforming the market over 6 months — these describe past price behaviour, not a forecast | 5 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: near the top of its 14-day range (overbought), trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 3.5% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thin, spanning 0.0% of the share price, which is taken to mean a barrier that gives way easily. | -3.5% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 19% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $65.04 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | +18.6% |
|---|---|---|
| Vs the average paid since it last reported | the price is 5% above the average price paid since it last reported on 2026-08-27 (its 10-K), so the typical buyer over that stretch is showing a gain. That average is $73.17 — a volume-weighted average of daily closes over 30 sessions, not a true tick-by-tick VWAP. | +5.4% |
Falling wedge, bullish — broke out · entry $69.60 · 67 sessions in
Price levels it has turned at before
AFRM last closed at $77.15 on 2026-10-08. Since 2024-10-08 it has turned at 10 prices below its last close and 3 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $75.06 | Support | 2.7% below the last close | turned there twice · 2026-06-01 to 2026-09-15 |
| $79.30 | Resistance | 2.8% above the last close | turned there 7 times · 2025-08-07 to 2026-07-08 |
| $80.83 | Resistance | 4.8% above the last close | turned there twice · 2026-08-05 to 2026-08-14 |
| $72.85 | Support | 5.6% below the last close | turned there five times · 2024-12-05 to 2026-01-02 |
| $70.83 | Support | 8.2% below the last close | turned there six times · 2025-07-21 to 2026-08-18 |
| $86.78 | Resistance | 12.5% above the last close | turned there twice · 2026-07-07 to 2026-07-15 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part downward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $66.63.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This reading has stood for 7 trading days, since 2026-09-30.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Broke out to a new 20-day high · trendless / choppy (low ADX) · beating the market · On a winning streak (5+ higher closes in a row) · At the top of its 14-day range (stochastic above 80) | Learn: moving average · golden cross · adx · rsi · macd · breakout
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.59 mean, 1=Strong Buy…5=Strong Sell) — 32 analysts
- Mean price target$98.66 range $66.00 – $115.00; median $100.00
Analyst estimates, as of 2026-10-07. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for AFRM
- Consensus EPS estimate$0.8342 next reporting period, as of 2026-10-07
- Estimate change, 30 days-$0.02512 (-2.9%) from $0.8593, on 2026-09-06, 31-day window
- Readings revised upward0% of 6 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["High dependence on third-party originating and card-issuing bank partners for funding and loan origination.","Susceptibility to macroeconomic conditions, including elevated interest rate environments and recessionary pressures affecting consumer credit quality.","Significant regulatory risk, including potential legislative changes or government actions to cap interest rates on consumer credit products."]
What changed in the latest 10-Q
AI-assisted comparison of AFRM's 10-Q filed 2026-05-07 against the prior one filed 2026-02-05.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-05-07) adds: 'Affirm Card, a card that can be used physically or virtually and which allows consumers to link a bank account to pay in full, or pay later by accessing credit through the Affirm App' sentence moved earlier in the Affirm Card paragraph and presented as primary product before one-time-use virtual cards
- Removed:
- Older filing (2026-02-05) contained specific GMV composition data: 'For the three and six months ended December 31, 2025, Pay-in-X represented 17% and 16%, respectively, of total GMV...' and 'For the three and six months ended December 31, 2024, Pay-in-X represented 15% and 14%, respectively...' and interest-bearing loan percentages for both periods - this entire passage is removed from newer filing
- Older filing (2026-02-05) contained: 'may vary based on' whereas newer filing states 'may vary based on the terms of'
- Reworded:
- Revenue table periods changed: Older filing reports 'Three Months Ended December 31' and 'Six Months Ended December 31, 2025/2024' whereas Newer filing reports 'Three Months Ended March 31' and 'Nine Months Ended March 31, 2026/2025'
- Affirm Card description reordered: Older filing lists 'one-time-use virtual cards' first, then 'Affirm Card'; Newer filing lists 'Affirm Card' first, then 'one-time-use virtual cards'
- Merchant fees language: Older filing states 'vary based on the terms' versus Newer filing states 'may vary based on the terms of the product offering'
- Notes:
- The two filings compare different fiscal periods (Q3 2026 vs Q2 2026), making some data differences expected rather than substantive policy changes
- The removal of GMV composition percentages reflects a shift to a different reporting period rather than deletion of an ongoing metric
Risk Factors
- Added:
- Newer filing (2026-05-07) adds the entire 'Risks Related to Our Business and Industry' risk factor text discussing reliance on funding sources, funding arrangements, disruptions in credit markets, forward flow counterparties, covenants, and capital markets access.
- Newer filing (2026-05-07) adds the introductory sentence: 'Except as may be reflected in the updated risk factor included below, there have been no material changes from the risk factors previously disclosed under the heading "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended June 30, 2025.'
- Removed:
- Older filing (2026-02-05) contains the sentence: 'There have been no material changes from the risk factors previously disclosed under the heading "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended June 30, 2025.' which is removed in the newer filing.
- Reworded:
- The newer filing (2026-05-07) qualifies the 'no material changes' statement by adding 'Except as may be reflected in the updated risk factor included below,' whereas the older filing (2026-02-05) stated there were no material changes without qualification.
- Notes:
- The newer filing risk factor section is truncated at the end ('...or respon'), so the full extent of changes in that section cannot be assessed beyond the visible text.
- The older filing provided includes content beyond the Risk Factors section (Items 2-6 and signatures), which is not part of the newer filing excerpt.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 11 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 30 days · read to 2026-10-040 buys · 1 sell ($2M) — 1 selling insider
- Last 90 days · read to 2026-10-040 buys · 11 sells ($19M) — 5 selling insiders
- Last 180 days · read to 2026-10-040 buys · 14 sells ($27M) — 5 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-09-14. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about AFRM's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding AFRM as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 51,697,155
- Reported value $4,215,903,054
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 5 increased, 0 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about AFRM's institutional holders → See what each manager we track holds →
Short interest (FINRA)
AFRM had 16,282,063 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for AFRM because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 16,282,063
- Prior settlement (shares) 15,666,710
- Reported change 3.93%
- Days to cover (reported) 3.57
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- PayPal (PYPL)
- Block
- Visa (V)
- Mastercard (MA)
- Synchrony Financial (SYF)
- American Express (AXP)
- Upstart Holdings (UPST)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does Affirm Holdings (AFRM) do?
Affirm operates a next-generation payment network that offers transparent financial products for consumers and commerce solutions for merchants. The company provides various point-of-sale financing options—including interest-bearing loans, 0% APR installment loans, and short-term Pay-in-X plans—as well as a consumer debit card that allows for flexible payment scheduling.
What sector is Affirm Holdings (AFRM) in?
Affirm Holdings (AFRM) is classified in the Information Technology sector. Its industry is Financial Technology (FinTech). It trades on NASDAQ.
Who are Affirm Holdings's (AFRM) competitors?
Notable peers of Affirm Holdings (AFRM) include PayPal, Block, Visa, Mastercard and Synchrony Financial. This peer set is informational only — not financial advice.
Is Affirm Holdings (AFRM) overbought or oversold right now?
Affirm Holdings (AFRM) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 61, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on AFRM come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.