Affirm stock is trading -52.06% below its average target price of $72.55 after dropping -10.6% during today's morning session. Analysts are giving the Large-Cap Diversified Financial company an average rating of buy and target prices ranging from $45.0 to $85.0 per share.
The stock has an average amount of shares sold short at 5.5%, and a short ratio of 2.09. The company's insiders own 4.69% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 79.0% of Affirm's shares being owned by this investor type.
Institutions Invested in Affirm
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Capital Research Global Investors | 9% | 24,264,396 | $843,794,407 |
| 2024-12-31 | Morgan Stanley | 8% | 23,279,477 | $809,543,848 |
| 2024-12-31 | Vanguard Group Inc | 8% | 21,815,563 | $758,636,236 |
| 2024-12-31 | Capital World Investors | 7% | 18,339,165 | $637,744,490 |
| 2024-12-31 | Blackrock Inc. | 5% | 13,538,900 | $470,815,268 |
| 2024-12-31 | BAILLIE GIFFORD & CO | 3% | 9,378,974 | $326,153,835 |
| 2024-12-31 | FMR, LLC | 3% | 9,002,965 | $313,078,121 |
| 2024-12-31 | Durable Capital Partners Lp | 2% | 5,858,283 | $203,721,800 |
| 2024-12-31 | Jericho Capital Asset Management, LP | 2% | 5,198,039 | $180,761,814 |
| 2024-12-31 | State Street Corporation | 2% | 4,341,418 | $150,972,817 |
Besides an analyst consensus of strong upside potential, other market factors point to there being positive market sentiment on Affirm.
