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Here's Why Affirm Holdings (AFRM) Fell More Than Broader Market
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Affirm Holdings (AFRM - Free Report) ended the recent trading session at $62.98, demonstrating a -5.41% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.41%. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, lost 0.89%.
The operator of digital commerce platform's stock has climbed by 47.79% in the past month, exceeding the Computer and Technology sector's gain of 14.93% and the S&P 500's gain of 9.71%.
Market participants will be closely following the financial results of Affirm Holdings in its upcoming release. The company plans to announce its earnings on May 7, 2026. It is anticipated that the company will report an EPS of $0.17, marking a 1600% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $997.92 million, indicating a 27.43% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $1.08 per share and a revenue of $4.14 billion, demonstrating changes of +620% and +28.45%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for Affirm Holdings. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.79% decrease. Affirm Holdings is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Affirm Holdings's current valuation metrics, including its Forward P/E ratio of 61.52. For comparison, its industry has an average Forward P/E of 19.47, which means Affirm Holdings is trading at a premium to the group.
Also, we should mention that AFRM has a PEG ratio of 4.64. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Software industry currently had an average PEG ratio of 1.14 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 88, this industry ranks in the top 37% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Here's Why Affirm Holdings (AFRM) Fell More Than Broader Market
Affirm Holdings (AFRM - Free Report) ended the recent trading session at $62.98, demonstrating a -5.41% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.41%. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, lost 0.89%.
The operator of digital commerce platform's stock has climbed by 47.79% in the past month, exceeding the Computer and Technology sector's gain of 14.93% and the S&P 500's gain of 9.71%.
Market participants will be closely following the financial results of Affirm Holdings in its upcoming release. The company plans to announce its earnings on May 7, 2026. It is anticipated that the company will report an EPS of $0.17, marking a 1600% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $997.92 million, indicating a 27.43% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $1.08 per share and a revenue of $4.14 billion, demonstrating changes of +620% and +28.45%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for Affirm Holdings. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.79% decrease. Affirm Holdings is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Affirm Holdings's current valuation metrics, including its Forward P/E ratio of 61.52. For comparison, its industry has an average Forward P/E of 19.47, which means Affirm Holdings is trading at a premium to the group.
Also, we should mention that AFRM has a PEG ratio of 4.64. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Software industry currently had an average PEG ratio of 1.14 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 88, this industry ranks in the top 37% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.