These have fed into the expanding merchant base, growing funding capacity, strong Affirm Card adoption, and higher transaction frequencies. Despite the compelling valuation metrics, strong FCF, and healthier balance sheet, momentum fatigue and insider selling suggest limited near-term upside potential. OlekStock/iStock via Getty Images I previously rated Affirm (AFRM) as a Buy in May 2026, thanks to their profitable growth prospects. 14K Followers Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I have no business relationship with any company whose stock is mentioned in this article.