In Wednesday’s Wall Street session, Affirm Holdings Inc (NASDAQ:AFRM) shares traded at $58.65, up 2.88% from the previous session.
AFRM stock price is now -8.31% away from the 50-day moving average and 26.16% away from the 200-day moving average. The market capitalization of the company currently stands at $18.77B.
With the price target enhanced from $20 to $61, Compass Point Upgraded its rating from Sell to Neutral for Affirm Holdings Inc (NASDAQ: AFRM). On January 21, 2025, Susquehanna Downgraded its previous ‘Positive’ rating to ‘Neutral’ on the stock keeping its target price maintained at $57, while ‘William Blair’ rates the stock as ‘Outperform’
In other news, Rabois Keith, Director sold 16,088 shares of the company’s stock on Mar 03 ’25. The stock was sold for $1,029,092 at an average price of $63.97. Upon completion of the transaction, the Director now directly owns 61,520 shares in the company, valued at $3.61 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 14 ’25, Director Quarles Christa S sold 5,000 shares of the business’s stock. A total of $400,000 was realized by selling the stock at an average price of $80.00. This leaves the insider owning 137,325 shares of the company worth $8.05 million. A total of 17.07% of the company’s stock is owned by insiders.
During the past 12 months, Affirm Holdings Inc has had a low of $22.25 and a high of $82.53. As of last week, the company has a debt-to-equity ratio of 2.63, a current ratio of 4.30, and a quick ratio of 4.30.
The net profit margin was -7.10% and return on equity was -7.34% for AFRM. The company reported revenue of $866.38 million for the quarter, compared to $591.11 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 46.57 percent. For the current quarter, analysts expect AFRM to generate $776.83M in revenue.
