Affirm Stock Forecast 2023: Will Affirm Stock Reach $100?

Affirm Stock Price

Affirm Holdings, Inc. (AFRM) is a financial technology company that provides point-of-sale financing options to consumers. The company was founded in 2012 and is headquartered in San Francisco, California. Affirm’s stock is listed on the Nasdaq Stock Exchange under the ticker symbol “AFRM.” The company’s stock was first listed on the Nasdaq on January 13, 2021.

Affirm Latest News

  • Affirm announced that it has partnered with Walmart to offer BNPL financing to Walmart customers in the United States. This partnership will allow Walmart customers to finance their purchases with Affirm at checkout.
  • ffirm announced that its board of directors has appointed Max Levchin as the company’s new CEO. Levchin, who is Affirm’s co-founder and chairman, will succeed Stephen Ankin, who is stepping down as CEO after four years.
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Affirm Stock Forecast Today

UTC: Dec 8th, 2023 06:09 PM

Affirm Stock Forecast 2023

The average Affirm Stock Forecast for the next 12 Months is $15

Average Affirm Stock Forecast for the next 12 Months$15
Piper Sandler$11
Credit Suisse$15
RBC Capital$17
Truist Securities$24

Will Affirm Stock Reach $100? Calculation

We use a calculation assuming, Affirm stock increases, 10% or 20% a year from here on to check in these scenarios when could Affirm stock reach $100:

  • Assuming Affirm stock gains 10% a year from now, then in the next 22 years, that is in 2047 Affirm will be valued at $100.
  • If there is an average increase of 30% a year from now, it will take 8 years that is in 2032, Affirm will reach $100.

The Buy-now-Pay-later pioneer, Affirm’s stock has crashed massively in the last 1 year. In November 2021, Affirm was trading at over $160, and now Affirm is below $20.

However, despite the crash, Affirm has showcased its capability to rise higher. Therefore, Affirm stock could reach $100 again in the future.

How high will Affirm Go in 2023?

It is difficult to say how high Affirm will go in 2023. The stock price is currently trading around $16.00, and it is possible that it could reach $30 or even $50 if the company continues to grow its business and the BNPL market continues to grow. However, there are also risks that could weigh on the stock price, such as if the company experiences financial difficulties or if the BNPL market slows down.

Here are some of the factors that could impact Affirm’s stock price in 2023:

  • The growth of the BNPL market: The BNPL market is growing rapidly, and Affirm is well-positioned to benefit from this growth. If the BNPL market continues to grow, it could help Affirm’s stock price go up.
  • The company’s financial performance: Affirm’s financial performance will also be a key factor in determining the stock price. If the company continues to grow its business and improve its profitability, it could help the stock price go up.
  • The overall market sentiment: The overall market sentiment will also play a role in determining Affirm’s stock price. If the stock market is doing well, it could help Affirm’s stock price go up. However, if the stock market is doing poorly, it could hurt Affirm’s stock price.

Overall, the future of Affirm’s stock price is uncertain. However, if the company continues to grow its business and the BNPL market continues to grow, it is possible that the stock price could go up significantly in 2023. Investors should carefully consider the risks involved before investing in Affirm.

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Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

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