Affirm stock (AFRM) has whipsawed this year. While the buy now, pay later (BNPL) giant has soared over 61% from its 2026 lows, it is still down 8.6% for the year. The stock hit its 2026 highs last month after a stellar fiscal Q4 2026 earnings report but has since pared almost a quarter of its market capitalization. In my previous article, I noted that AFRM stock had little margin of safety after the stellar rally. With the stock now dropping significantly from those levels, let’s explore whether it is a “buy” now.
