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

Key Points

• Affirm Holdings, Inc. has received an average rating of "Moderate Buy" from analysts, with a 12-month price target set at $79.04.
• Recently, Affirm's stock fell 4.1% to $81.41, and it has shown a substantial fluctuation with a 1-year high of $100.00 and a low of $30.90.
• Affirm reported a quarterly earnings growth of 32.9% with earnings per share (EPS) of $0.20, exceeding analyst estimates and revealing a growing revenue of $876.42 million.

Affirm Holdings, Inc. (NASDAQ:AFRM - Get Free Report) has been given a consensus rating of "Moderate Buy" by the thirty research firms that are covering the company, Marketbeat.com reports. Eleven equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $80.0435.

Several equities research analysts recently commented on AFRM shares. Evercore ISI upped their target price on Affirm from $67.00 to $100.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. Jefferies Financial Group upped their target price on Affirm from $82.00 to $95.00 and gave the company a "buy" rating in a research report on Tuesday, August 26th. Stephens started coverage on Affirm in a research report on Thursday, June 12th. They set an "equal weight" rating and a $69.00 target price on the stock. Citigroup restated an "outperform" rating on shares of Affirm in a research report on Friday, August 29th. Finally, JPMorgan Chase & Co. upped their target price on Affirm from $91.00 to $94.00 and gave the company an "overweight" rating in a research report on Friday, August 29th.

Affirm Trading Up 2.1%

Shares of NASDAQ:AFRM traded up $1.67 during midday trading on Wednesday, hitting $83.08. 7,043,744 shares of the stock were exchanged, compared to its average volume of 7,476,828. The stock has a market capitalization of $27.06 billion, a price-to-earnings ratio of 639.13, a P/E/G ratio of 5.51 and a beta of 3.64. 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 business's 50-day moving average price is $74.61 and its 200 day moving average price is $59.91. Affirm has a 12 month low of $30.90 and a 12 month high of $100.00.

Affirm (NASDAQ:AFRM - Get Free Report) last released its quarterly earnings results on Thursday, August 28th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.09. Affirm had a return on equity of 1.80% and a net margin of 1.62%.The company had revenue of $876.42 million for the quarter, compared to analysts' expectations of $834.94 million. During the same period in the previous year, the business posted ($0.14) earnings per share. The business's quarterly revenue was up 32.9% compared to the same quarter last year. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Analysts predict that Affirm will post -0.18 earnings per share for the current year.

Insiders Place Their Bets

In related news, CAO Siphelele Jiyane sold 25,533 shares of the firm's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $90.71, for a total value of $2,316,098.43. Following the transaction, the chief accounting officer owned 226,467 shares of the company's stock, valued at approximately $20,542,821.57. This trade represents a 10.13% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Christa S. Quarles sold 15,000 shares of the firm's stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $93.00, for a total transaction of $1,395,000.00. Following the completion of the transaction, the director directly owned 122,241 shares in the company, valued at approximately $11,368,413. The trade was a 10.93% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,260,497 shares of company stock worth $101,241,354 over the last three months. Insiders own 11.82% of the company's stock.

Hedge Funds Weigh In On Affirm

Several institutional investors have recently modified their holdings of AFRM. Allworth Financial LP grew 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 acquiring an additional 219 shares in the last quarter. Huntington National Bank raised its position in Affirm by 634.0% in the second quarter. Huntington National Bank now owns 389 shares of the company's stock worth $27,000 after acquiring an additional 336 shares during the period. SouthState Corp raised its position in Affirm by 190.5% in the second quarter. SouthState Corp now owns 427 shares of the company's stock worth $30,000 after acquiring an additional 280 shares during the period. Blume Capital Management Inc. raised its position in Affirm by 468.8% in the second quarter. Blume Capital Management Inc. now owns 455 shares of the company's stock worth $31,000 after acquiring an additional 375 shares during the period. Finally, UMB Bank n.a. raised its position in Affirm by 86.6% in the second quarter. UMB Bank n.a. now owns 569 shares of the company's stock worth $39,000 after acquiring an additional 264 shares during the period. 69.29% of the stock is owned by institutional investors.

Affirm Company Profile

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.