Is the Afterpay share price a Buy Now Pay Later?

The Afterpay share price is having a great day today (up close to 4%). However, this buy now, pay later (BNPL) pioneer is still in one of its worst corrections in years. Afterpay shares have fallen dramatically from the all-time high of $160. 05 the company set just last month. At today’s price of $115.

Where is Afterpay Limited based?

Afterpay Limited was incorporated in 2017 and is based in Melbourne, Australia. Afterpay Limited operates as a subsidiary of Lanai (AU) 2 Pty Ltd. View the real-time Afterpay Touch Group Ltd (ASX APT) share price. Assess historical data, charts, technical analysis and contribute in the forum.

Is Afterpay a good stock to buy?

Morningstar estimates Afterpay’s fair value at just $75 a share and has assigned a "very high uncertainty” rating to the stock. Those concerns are underlined by the decline in share prices of smaller rivals Zip ( ASX:Z1P) and Sezzle ( ASX:SZL) which are down nearly 50% and 35% from their February peaks.