Is affirm holdings (afrm) a good stock to buy?

Affirm Holdings (AFRM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

How does affirm work?

They work with different stores to provide this service, letting shoppers know how much they can spend responsibly. Affirm also uses smart technology to ensure that people who borrow money can pay it back comfortably. Affirm's prospects appear favorable, buoyed by a combination of accelerating growth and strategic innovations.

Will affirm grow its top line in fiscal 2025?

Let's presume that Affirm will grow its top line by 25% in fiscal 2025. And let's also assume that next year Affirms continues to improve its underlying profitability. This implies that next fiscal year, Affirm will reach $550 million of non-GAAP adjusted operating income. This leaves the stock priced at 18x forward non-GAAP operating income.