Stripe partnership expansion drives volatility

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Affirm rises 3.65% to $48.38 today

Highlights

Affirm surpassed expectations by reporting $0.37 EPS and $1.12 billion in revenue for the quarter ended February 5.
The company deepened its partnership with Stripe to launch Shared Payment Tokens, enhancing AI-enabled, cardless purchases with merchant opt-in later this year.
Affirm trades at $48.38, below key moving averages (MA-20: $53.46; MA-50: $65.88; MA-200: $69.27), with bearish technical momentum and short-term support at $43.00.

Earnings beat and Stripe partnership amid rising short interest

Affirm reported quarterly earnings on February 5, posting $0.37 earnings per share, exceeding consensus estimates, and revenue of $1.12 billion over expectations. The company has expanded its partnership with Stripe to include Shared Payment Tokens, which will allow AI agents to enable purchases without sharing card details, with merchant opt-in expected later this year. Several institutional investors adjusted their positions in Affirm during the third quarter, with notable stake increases by Mitsubishi UFJ Asset Management Co. Ltd., Arete Wealth Advisors LLC, and Xponance Inc., while RJA Asset Management LLC significantly reduced its holdings. Short interest in Affirm also rose to 17,923,630 shares as of February 13.

Bearish momentum confirmed as key technical barriers hold

Technically, AFRM continues to face heavy selling, as it remains below the MA-20, MA-50, and MA-200 levels, and the Ichimoku Kijun resistance at $59.16 is significantly above the current price. Momentum indicators are bearish: the MACD and ADX both confirm strong negative momentum, with the RSI at 29.40 and CCI at –97.75 indicating or nearing oversold conditions. Bull/Bear Power is deeply negative, showing seller dominance intraday. Despite a gap down at the open, prices rallied to near the session high, suggesting elevated volatility and some short-term strength within an overall negative trend.

Sideways price range likely as bearish risks outweigh bullish reversal

For the next five trading days, the expected volatility band is $43.00 to $53.00. There is a low probability — less than 20% — of a price increase in the near term, with further declines more likely. The baseline scenario is sideways movement within this range. A breakout above $53.00 would signal a bullish turn, while a drop below $43.00 could accelerate the bearish move.

Viktoras Karapetjanc, expert at Traders Union, sees Affirm’s strong quarterly beat and partnership expansion with Stripe as positive fundamental drivers. Despite heavy selling and bearish technical momentum, institutional interest remains robust and signals longer-term confidence. The widespread adoption of AI-backed payments through new partnerships could drive sentiment higher once the current downtrend exhausts. Karapetjanc believes a sideways phase is likely before any bullish reversal. "If Affirm can reclaim $53.00, I expect renewed bullish sentiment to quickly take hold."

Previously it was reported that Affirm Holdings, Inc. is experiencing persistent bearish momentum, trading well below its short, medium, and long-term moving averages, with the current price under pronounced selling pressure and technical resistance levels. Key indicators such as MACD and ADX highlight strong sell signals while the RSI approaches oversold territory, with immediate support at $44.00 and resistance near $60.40.

Source of Data: AFRM Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.