Where Will Affirm Stock Be in 3 Years?

The BNPL leader still has a bright future.Affirm (AFRM 4.19%), a leading provider of buy now, pay later (BNPL) services, went public on Jan. 13, 2021. It soared from its IPO price of $49 to a record high of $168.52 on Nov. 4, 2021, but it dropped below $9 the following December.The bulls were initially impressed by Affirm's rapid growth and early mover's advantage in the booming BNPL market. However, they retreated as its growth cooled off and rising interest rates compressed its valuations and highlighted ...