Affirm Fundamental analysis

**Affirm Holdings (AFRM) Fundamental Analysis**:

1. **Financial Performance**:
- Affirm Holdings reported a net income of $2.8 million and total revenue of $783.14 million for the latest report period ending on March 31, 2025. The company's diluted EPS was $0.01, which represents a significant year-over-year growth of 102.33%.
- The 3-year CAGR for net income is -14.45%, indicating a decline over the period, while the 3-year CAGR for revenue is 31.21%, showing a strong growth trajectory. The diluted EPS CAGR over the same period is -18.43%, suggesting a challenging period for earnings growth.

|code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|---|---|
|AFRM|AFRM.O|Affirm Holdings|2024 Q4|78.08527786679096|47.85734312790893||185|
|AFRM|AFRM.O|Affirm Holdings|2025 Q1|41.657789187521466|40.66724801479014|45.614035087719294|185|
|AFRM|AFRM.O|Affirm Holdings|2025 Q2|148.14801500281604|46.56848979039434|142.59259259259258|185|
|AFRM|AFRM.O|Affirm Holdings|2025 Q3|102.09353721180265|35.923888801142745|102.32558139534885|185|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|AFRM|AFRM.O|Affirm Holdings|2024 Q4|78.08527786679096|-4.5136E7|185|
|AFRM|AFRM.O|Affirm Holdings|2025 Q1|41.657789187521466|-1.00222E8|185|
|AFRM|AFRM.O|Affirm Holdings|2025 Q2|148.14801500281604|8.036E7|185|
|AFRM|AFRM.O|Affirm Holdings|2025 Q3|102.09353721180265|2804000|185|

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|AFRM|AFRM.O|Affirm Holdings|2024 Q4|47.85734312790893|6.59185E8|185|
|AFRM|AFRM.O|Affirm Holdings|2025 Q1|40.66724801479014|6.98479E8|185|
|AFRM|AFRM.O|Affirm Holdings|2025 Q2|46.56848979039434|8.66381E8|185|
|AFRM|AFRM.O|Affirm Holdings|2025 Q3|35.923888801142745|7.83135E8|185|

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|AFRM|AFRM.O|Affirm Holdings|2025 Q1|45.614035087719294|-0.31|185|
|AFRM|AFRM.O|Affirm Holdings|2025 Q2|142.59259259259258|0.23|185|
|AFRM|AFRM.O|Affirm Holdings|2025 Q3|102.32558139534885|0.01|185|

2. **Profitability and Efficiency**:
- Affirm's P/E ratio is not available, but the P/S ratio is 5.81, indicating that the stock is trading at a premium relative to its sales. The P/B ratio is 5.83, suggesting that the market is valuing the company's equity at a premium compared to its book value.
- The company's free cash flow stands at $157.38 million, with operating cash flow at $210.39 million and financing cash flow at -$245.55 million. Investing cash flow is $35.52 million, indicating that the company is actively investing in its business.

|code|Ticker|Name|Date|Free Cash Flow|Investing Cash Flow|Operating Cash Flow|Financing Cash Flow|market_code|
|---|---|---|---|---|---|---|---|---|
|AFRM|AFRM.O|Affirm Holdings|2024 Q4|-6.83069169802E8|-5.37633E8|6.8763E7|1.45969E8|185|
|AFRM|AFRM.O|Affirm Holdings|2025 Q1|-1.012190004E8|-5.74999E8|1.96867E8|4.65625E8|185|
|AFRM|AFRM.O|Affirm Holdings|2025 Q2|-3.90559004572E8|-8.9068E7|3.12017E8|1.44096E8|185|
|AFRM|AFRM.O|Affirm Holdings|2025 Q3|1.352099616E7|3.5518E7|2.10389E8|-2.45554E8|185|

|code|Ticker|Name|Date|P/E(TTM)|P/S|Price to Book Ratio|market_code|
|---|---|---|---|---|---|---|---|
|AFRM|AFRM.O|Affirm Holdings|20240605|-14.121874|4.3196822822442895|3.6527577355858294|185|
|AFRM|AFRM.O|Affirm Holdings|20240606|-14.208427|4.346157754296755|3.6751456055781295|185|
|AFRM|AFRM.O|Affirm Holdings|20240607|-13.689107|4.187304921981965|3.5408183856243283|185|
|AFRM|AFRM.O|Affirm Holdings|20240610|-13.866769|4.241649311984393|3.5867724345558916|185|
|AFRM|AFRM.O|Affirm Holdings|20240611|-15.397398|4.709847133543774|3.9826842407355167|185|
|AFRM|AFRM.O|Affirm Holdings|20240612|-16.285709|4.9815690835559145|4.2124544853933354|185|
|AFRM|AFRM.O|Affirm Holdings|20240613|-15.228846|4.6582896353363425|3.93908680969788|185|
|AFRM|AFRM.O|Affirm Holdings|20240614|-14.076319|4.305747823269308|3.640974646116198|185|
|AFRM|AFRM.O|Affirm Holdings|20240617|-14.03532|4.293206810191824|3.6303698655935293|185|
|AFRM|AFRM.O|Affirm Holdings|20240618|-13.907768|4.254190325061876|3.5973772150785606|185|

3. **Stock Valuation and Analyst Sentiment**:
- The average analyst price target for Affirm is $61, with a consensus rating of "Strong Buy". This indicates that analysts are optimistic about the company's future performance.
- RBC Capital has reaffirmed its "Sector Perform" rating for Affirm, with a price target of $70. Truist Securities has initiated coverage with a "Buy" recommendation, and there is a steady sentiment from analysts.
4. **Technical Indicators and Market Sentiment**:
- Affirm's stock has moved above its 200-day simple moving average, which is often seen as a bullish signal. The stock is trading at a 34.2% discount from its 52-week high, suggesting potential for upside.
- The stock's recent price increase of 4.41% to approximately $51.48 indicates positive momentum. The options market shows moderate activity, with calls outnumbering puts, suggesting a bullish outlook.

In conclusion, Affirm Holdings has shown strong revenue growth and a significant increase in diluted EPS. Despite a decline in net income over the 3-year CAGR, the company's recent financials and analyst ratings suggest optimism. The technical indicators and market sentiment also point to a positive outlook for the stock.