Affirm Holdings Inc. ($AFRM) Stock Forecast: Down 5.2% Today

What is Affirm Holdings Inc.?

Affirm Holdings (NASDAQ: AFRM) is a fintech company that offers transparent and flexible payment options through its Buy Now, Pay Later (BNPL) platform. Market: Affirm Holdings has experienced a strong bearish movement today.

Why is Affirm Holdings Inc. going down?

AFRM stock is down 5.2% on Dec 18, 2024 19:53

• Concerns among investors about potential dilution of shares and impact on earnings per share, following the announcement of a $750 million convertible senior notes due 2029 offered to institutional buyers, may have driven the bearish movement.
• Despite securing a $4 billion partnership with Sixth Street, news of the convertible senior notes offering may have overshadowed the positive partnership news, leading to a negative market reaction.
• Profit-taking by investors, given the stock's year-to-date gain of 42%, could have also contributed to the bearish movement observed today.
• Investor caution regarding the stock repurchase plan using a portion of the net proceeds, might have triggered a sell-off in the stock.

AFRM Price Chart

AFRM Technical Analysis

AFRM News

Affirm Holdings Stock Is Moving Lower After Hours: Here's Why - Affirm Holdings ( NASDAQ:AFRM )

Affirm announces plans to offer $750 million worth of convertible senior notes due 2029 in a private offering to institutional buyers. The company will use a portion of the net proceeds combined with cash on hand to repurchase up to $300 million of its common stock.

https://www.benzinga.com/news/buybacks/24/12/42519901/affirm-holdings-stock-is-moving-lower-after-hours-heres-why

Affirm Secures $4 Billion Partnership With Sixth Street to Drive Growth

AFRM wins a $4 billion partnership with Sixth Street, unlocking $20 billion in loan capacity to fuel growth and empower millions with transparent, flexible payment options.

https://www.zacks.com/stock/news/2384116/affirm-secures-4-billion-partnership-with-sixth-street-to-drive-growth

Affirm Secures $4 Billion Loan Deal With Sixth Street to Boost BNPL Growth - Affirm Holdings ( NASDAQ:AFRM )

Affirm secures $4 billion from Sixth Street to scale BNPL loans. The deal enables Affirm to extend $20 billion in loans. On Friday, fintech company Affirm Holdings, Inc AFRM stock gained after the company announced a long-term capital partnership with Sixth Street to invest up to $4 billion in ...

https://www.benzinga.com/tech/24/12/42486903/affirm-secures-4-billion-loan-deal-with-sixth-street-to-boost-bnpl-growth

Affirm Gains 42% Year to Date: Should You Buy Now or Hold the Stock?

AFRM harnesses AI-driven innovation, strategic alliances and rising BNPL demand to expand its footprint.

https://www.zacks.com/stock/news/2383014/affirm-gains-42-year-to-date-should-you-buy-now-or-hold-the-stock

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Affirm Holdings Inc. Price History

15.10.2024 - AFRM Stock was up 5.2%

• Market whales and wealthy individuals are showing a bullish outlook on AFRM options, suggesting confidence in the stock's future.
• Affirm's strong presence in the BNPL market, as well as its increasing merchant network revenues and AI-powered platform, are fueling investor confidence and the upward movement in the stock.
• The optimistic outlook on Affirm's Q1 earnings and its growth potential in the BNPL sector appear to be factors contributing to the stock's current upward trend.

30.09.2024 - AFRM Stock was up 5.3%

• Financial giants demonstrate bullish sentiment through options activity, where a majority of traders favor a bullish outlook.
• Affirm Holdings (AFRM) surpassed market returns, concluding the trading session with a positive shift.
• The rise in options activity and the positive market returns for Affirm Holdings suggest increasing investor confidence in the company's future outlook and potential for robust financial performance.

13.10.2024 - AFRM Stock was down 5.4%

• Despite reporting better-than-expected Q1 results, Affirm (AFRM) experienced a strong bearish movement.
• The market may have reacted negatively due to profit-taking by investors after a period of growth leading up to the earnings report.
• Investors might be concerned about the competitive landscape in the BNPL market and potential regulatory challenges.
• The overall sentiment towards growth stocks and tech companies could have also influenced the bearish movement in Affirm's stock price today.

21.10.2024 - AFRM Stock was up 5.1%

• Affirm Holdings (AFRM) showed significant bullish movement recently.
• The increased collaboration with Priceline for pay-over-time solutions likely influenced the positive market sentiment.
• Market whales' optimistic options activity reflected investor confidence, suggesting a favorable outlook for AFRM's future.
• The stock surged with strong bullish movement today, driven by positive market sentiment, strategic partnerships, and investor optimism towards AFRM.

06.10.2024 - AFRM Stock was up 7.1%

• AFRM stock showed a strong bullish movement recently.
• Investor optimism is high ahead of the company's Q1 earnings report, supported by expectations of robust performance driven by increased card network revenues and growing Gross Merchandise Volume (GMV).
• Affirm's expansion into the UK, marking its first international venture, is seen as a positive sign by investors, hinting at potential growth in new markets.
• Noteworthy bullish options activity from significant investors is boosting confidence in Affirm Holdings, underscoring a positive outlook on the company's future prospects.

08.10.2024 - AFRM Stock was down 6.5%

• Q1 results from Affirm exceeded expectations, surpassing analyst forecasts for losses per share. This could have initially boosted investor confidence.
• Unusual options activity indicated a notably positive outlook on Affirm Holdings among investors.
• Despite strong earnings and optimistic options trading, market sentiment shifted to a bearish tone, likely due to profit-taking or broader market conditions.
• The bearish movement in Affirm's stock price today may have been influenced by external factors or market dynamics, despite the company's solid fundamentals and positive investor sentiment.

31.09.2024 - AFRM Stock was down 5.0%

• Affirm Holdings (AFRM) recently crossed above its 20-day moving average, but faced significant bearish movement in today's trading.
• Increased options trading activity, primarily skewed towards bullish positions, may indicate a positive outlook on the stock in the coming days.
• Outperforming the overall market in recent trading indicates that the bearish movement could be a short-term disruption rather than a sustained trend.
• The downturn in stock price could be linked to some investors taking profits following a period of optimism, causing a temporary decline in value.

06.10.2024 - AFRM Stock was up 8.2%

• Unusual bullish options activity detected, indicating strong investor sentiment towards Affirm Holdings.
• Positive anticipation ahead of earnings report, with expectations of strong performance driven by higher revenues and growing GMV.
• Deep-pocketed investors adopting a bullish approach towards AFRM, signaling confidence in the company's future prospects.
• Affirm Holdings identified as a top momentum pick, further boosting investor interest and driving the bullish movement in the stock price.

19.10.2024 - AFRM Stock was up 5.2%

• Affirm (AFRM) recently expanded its partnership with Priceline, potentially enhancing investor confidence in the company's future growth prospects.
• Large market players have shown a positive stance on AFRM options, suggesting significant interest from institutional or high-net-worth individuals in the stock.
• Optimism surrounding AFRM's earnings outlook, attributed to its merchant network revenues and AI-powered platform, likely contributed to the bullish market movement.
• In general, the market sentiment towards AFRM appears upbeat, supported by strategic collaborations and the company's potential for growth in the buy now, pay later (BNPL) sector.

05.10.2024 - AFRM Stock was up 5.0%

• Affirm Holdings (AFRM) experienced a strong bullish movement recently.
• The surge in options activity and the bullish approach adopted by deep-pocketed investors indicate positive sentiment towards the stock.
• The company's expansion into the UK market and the potential for increased revenue from this new market may have contributed to the bullish movement.
• Breaking above the 20-day moving average also signals a positive momentum for Affirm Holdings, attracting momentum investors to the stock.

06.11.2024 - AFRM Stock was up 5.1%

• AFRM experienced significant bullish movement, potentially driven by the following factors:
• Growing short interest indicates rising attention in the stock, possibly leading to a short squeeze and driving up the stock price.
• The company's strategic partnerships, including the $500 million PGIM deal and new merchant collaborations, are enhancing growth prospects and investor confidence.
• Optomistic activity by high-profile investors in the options market reflects positive sentiment and favorable expectations for AFRM's future performance, which may have contributed to the day's bullish movement.

18.11.2024 - AFRM Stock was down 5.2%

• Concerns among investors about potential dilution of shares and impact on earnings per share, following the announcement of a $750 million convertible senior notes due 2029 offered to institutional buyers, may have driven the bearish movement.
• Despite securing a $4 billion partnership with Sixth Street, news of the convertible senior notes offering may have overshadowed the positive partnership news, leading to a negative market reaction.
• Profit-taking by investors, given the stock's year-to-date gain of 42%, could have also contributed to the bearish movement observed today.
• Investor caution regarding the stock repurchase plan using a portion of the net proceeds, might have triggered a sell-off in the stock.