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Why Affirm Holdings (AFRM) Dipped More Than Broader Market Today
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In the latest trading session, Affirm Holdings (AFRM - Free Report) closed at $77.82, marking a -1.03% move from the previous day. This change lagged the S&P 500's daily loss of 0.02%. On the other hand, the Dow registered a loss of 0.35%, and the technology-centric Nasdaq decreased by 0.15%.
Prior to today's trading, shares of the operator of digital commerce platform had gained 7.15% outpaced the Computer and Technology sector's gain of 3.58% and the S&P 500's gain of 2.05%.
Analysts and investors alike will be keeping a close eye on the performance of Affirm Holdings in its upcoming earnings disclosure. The company's earnings report is set to go public on November 5, 2026. The company's earnings per share (EPS) are projected to be $0.35, reflecting a 52.17% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.21 billion, up 30.03% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.91 per share and revenue of $5.51 billion. These totals would mark changes of -65.46% and +29.41%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Affirm Holdings. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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 1.84% increase. Affirm Holdings is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, Affirm Holdings is holding a Forward P/E ratio of 41.21. This valuation marks a premium compared to its industry average Forward P/E of 20.7.
We can also see that AFRM currently has a PEG ratio of 3.16. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 1.19.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 79, positioning it in the top 33% of all 250+ industries.
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.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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Why Affirm Holdings (AFRM) Dipped More Than Broader Market Today
In the latest trading session, Affirm Holdings (AFRM - Free Report) closed at $77.82, marking a -1.03% move from the previous day. This change lagged the S&P 500's daily loss of 0.02%. On the other hand, the Dow registered a loss of 0.35%, and the technology-centric Nasdaq decreased by 0.15%.
Prior to today's trading, shares of the operator of digital commerce platform had gained 7.15% outpaced the Computer and Technology sector's gain of 3.58% and the S&P 500's gain of 2.05%.
Analysts and investors alike will be keeping a close eye on the performance of Affirm Holdings in its upcoming earnings disclosure. The company's earnings report is set to go public on November 5, 2026. The company's earnings per share (EPS) are projected to be $0.35, reflecting a 52.17% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.21 billion, up 30.03% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.91 per share and revenue of $5.51 billion. These totals would mark changes of -65.46% and +29.41%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Affirm Holdings. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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 1.84% increase. Affirm Holdings is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, Affirm Holdings is holding a Forward P/E ratio of 41.21. This valuation marks a premium compared to its industry average Forward P/E of 20.7.
We can also see that AFRM currently has a PEG ratio of 3.16. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 1.19.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 79, positioning it in the top 33% of all 250+ industries.
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.
You can find more information on all of these metrics, and much more, on Zacks.com.