Affirm Holdings (AFRM) Suffers a Larger Drop Than the General Market: Key Insights

Group 1: Company Performance - Affirm Holdings (AFRM) closed at $64.72, reflecting a -5.58% change from the previous day, which is less than the S&P 500's daily loss of 0.33% [1] - Over the past month, shares of Affirm Holdings have appreciated by 12.28%, outperforming the Computer and Technology sector's gain of 5.24% and the S&P 500's gain of 4.07% [1] Group 2: Earnings Projections - The upcoming earnings release for Affirm Holdings is projected to show earnings per share (EPS) of $0.09, indicating a 164.29% increase from the same quarter last year [2] - Revenue is expected to reach $835.09 million, reflecting a 26.69% increase compared to the year-ago quarter [2] - For the full year, earnings are projected at $0.03 per share and revenue at $3.18 billion, representing changes of +101.8% and 0%, respectively, from the prior year [3] Group 3: Analyst Estimates and Rankings - Recent modifications to analyst estimates for Affirm Holdings indicate changing near-term business trends, with positive revisions suggesting analysts' confidence in business performance [4] - The Zacks Rank system, which includes estimate changes, currently ranks Affirm Holdings at 3 (Hold) [6] Group 4: Valuation Metrics - Affirm Holdings is trading at a Forward P/E ratio of 97.46, which is a premium compared to the industry average Forward P/E of 28.6 [7] - The company has a PEG ratio of 2.49, compared to the industry average PEG ratio of 2.21 [7] Group 5: Industry Context - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 67, placing it in the top 28% of all industries [8]