Affirm Holdings's 15-minute chart shows MACD Death Cross, KDJ Death Cross.

Affirm Holdings's 15-minute chart has recently exhibited two significant technical indicators, namely the MACD Death Cross and KDJ Death Cross, which occurred on June 20th, 2025 at 10:45. This suggests that the stock price is likely to continue its downward trajectory, as the momentum of the stock price has shifted towards the downside and may experience further decline.

Affirm Holdings Inc. (AFRM) recently experienced two significant technical indicators, the MACD Death Cross and KDJ Death Cross, on June 20, 2025, at 10:45. These indicators suggest a potential downward trend in the stock price, indicating a shift in momentum towards the downside [1].

Despite these technical challenges, Affirm has been making strides in its financial partnerships and growth prospects. On March 31, 2025, the company announced an expansion of its capital partnership with PGIM Fixed Income, a subsidiary of Prudential Financial. This collaboration introduces a new revolving pass-through loan sale facility that will invest up to $3 billion over 36 months, purchasing up to $500 million of Affirm loans at any one time [1]. The partnership enhances Affirm's financial flexibility and supports its mission to provide transparent and flexible payment solutions.

Affirm's funding capacity has grown to $23.3 billion, marking nine consecutive quarters of increase. The company has successfully issued 23 asset-backed securitizations totaling $11.5 billion, reflecting its strong market position and investor confidence [1]. However, the reliance on external capital partnerships may expose Affirm to market fluctuations and dependency risks.

From a financial analyst's viewpoint, the expansion of Affirm's partnership with PGIM Fixed Income is a strategic move to bolster its liquidity and funding capabilities. The $3 billion revolving loan facility provides Affirm with a robust financial cushion, enabling it to continue its growth trajectory and expand its consumer base [1]. Nevertheless, analysts should monitor the company's dependency on external capital and its ability to maintain favorable terms in future partnerships.

Affirm's recent financial performance has been robust. The company slightly raised its full-year guidance for fiscal 2025, forecasting revenues to be in the range of $3.163-$3.193 billion and adjusted operating margins to be between 23-23.6% [2]. The growth in Gross Merchandise Value (GMV) was driven by several key areas, including Affirm’s largest merchant partner, wallet partners, and direct-to-customer offerings. The company's confidence in its fundamentals and strategies to achieve sustainable growth is reflected in the hike in guidance.

While Affirm faces technical challenges, its strategic partnerships and financial performance indicate a strong foundation for future growth. Investors should continue to monitor the company's dependency on external capital and its ability to navigate market fluctuations.

References:
[1] https://www.gurufocus.com/news/2934207/affirm-holdings-inc-afrm-expands-capital-partnership-with-pgim-fixed-income-afrm-stock-news
[2] https://finance.yahoo.com/news/affirm-raises-fiscal-2025-guidance-155500119.html