Affirm Holdings, Inc. (NASDAQ:AFRM) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Affirm Holdings, Inc. has received a consensus rating of "Moderate Buy" from 31 research firms, with an average price target of $80.04 for the stock.
• The company's latest quarterly earnings showed a 32.9% year-over-year revenue increase, reporting $0.20 EPS, surpassing analysts' expectations of $0.11.
• Insider trading activities revealed substantial sales, with a total of 1.92 million shares sold by insiders amounting to over $160 million in the last quarter.

Affirm Holdings, Inc. (NASDAQ:AFRM - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the thirty-one research firms that are covering the firm, MarketBeat.com reports. Twelve research analysts have rated the stock with a hold recommendation, eighteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $80.0435.

A number of equities analysts have issued reports on AFRM shares. Susquehanna increased their price target on Affirm from $65.00 to $76.00 and gave the company a "positive" rating in a research note on Wednesday, July 23rd. Stephens started coverage on Affirm in a research note on Thursday, June 12th. They set an "equal weight" rating and a $69.00 price objective for the company. JPMorgan Chase & Co. raised their price objective on Affirm from $91.00 to $94.00 and gave the stock an "overweight" rating in a research note on Friday, August 29th. Bank of America raised their price objective on Affirm from $90.00 to $94.00 and gave the stock a "buy" rating in a research note on Friday, August 29th. Finally, Oppenheimer set a $80.00 price objective on Affirm and gave the stock an "outperform" rating in a research note on Monday, July 21st.

Affirm Stock Performance

Shares of NASDAQ AFRM opened at $74.83 on Friday. The stock has a fifty day moving average price of $79.46 and a two-hundred day moving average price of $63.13. The company has a debt-to-equity ratio of 2.55, a quick ratio of 11.54 and a current ratio of 11.54. The firm has a market cap of $24.37 billion, a P/E ratio of 575.66, a PEG ratio of 4.86 and a beta of 3.58. Affirm has a 1 year low of $30.90 and a 1 year high of $100.00.

Affirm (NASDAQ:AFRM - Get Free Report) last issued its quarterly earnings results on Thursday, August 28th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.09. The firm had revenue of $876.42 million during the quarter, compared to analyst estimates of $834.94 million. Affirm had a return on equity of 1.80% and a net margin of 1.62%.The firm's quarterly revenue was up 32.9% on a year-over-year basis. During the same period last year, the company posted ($0.14) EPS. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Research analysts forecast that Affirm will post -0.18 EPS for the current fiscal year.

Insider Buying and Selling at Affirm

In other news, CAO Siphelele Jiyane sold 12,500 shares of the firm's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $85.42, for a total transaction of $1,067,750.00. Following the completion of the sale, the chief accounting officer directly owned 213,967 shares of the company's stock, valued at $18,277,061.14. This trade represents a 5.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Robert O'hare sold 31,423 shares of the firm's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $83.30, for a total value of $2,617,535.90. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,921,456 shares of company stock worth $160,284,531. 11.82% of the stock is owned by insiders.

Institutional Trading of Affirm

A number of hedge funds have recently modified their holdings of the business. Farther Finance Advisors LLC lifted its holdings in shares of Affirm by 15.6% in the second quarter. Farther Finance Advisors LLC now owns 1,300 shares of the company's stock valued at $90,000 after purchasing an additional 175 shares in the last quarter. KLP Kapitalforvaltning AS lifted its holdings in shares of Affirm by 0.4% in the first quarter. KLP Kapitalforvaltning AS now owns 49,100 shares of the company's stock valued at $2,219,000 after purchasing an additional 200 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Affirm by 4.4% in the third quarter. GAMMA Investing LLC now owns 4,850 shares of the company's stock valued at $354,000 after purchasing an additional 206 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of Affirm by 63.7% in the first quarter. Allworth Financial LP now owns 563 shares of the company's stock valued at $27,000 after purchasing an additional 219 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of Affirm by 0.6% in the first quarter. Sei Investments Co. now owns 41,066 shares of the company's stock valued at $1,856,000 after purchasing an additional 226 shares in the last quarter. Hedge funds and other institutional investors own 69.29% of the company's stock.

About Affirm

Affirm Holdings, Inc operates a platform for digital and mobile-first commerce in the United States, Canada, and internationally. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time with terms ranging up to 60 months.

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