Affirm Holdings, Inc. (NASDAQ:AFRM) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Moderate Buy consensus: 29 analysts rate AFRM a "Moderate Buy" (20 buy, 8 hold, 1 strong buy) with an average 1‑year price target of $83.60, amid mixed target revisions (e.g., Truist $71, BofA $82, UBS $78).
• Quarterly beat: Affirm reported $0.37 EPS vs. $0.28 expected and $1.12B revenue (up 29.6% YoY); the stock trades with a market cap of $22.18B, P/E of 82.2 and a beta of 3.63.
• Insider and institutional activity: Director Noel Watson sold 2,000 shares at $55 under a Rule 10b5‑1 plan, insiders own 11.01% of the stock and institutional investors hold 69.29%, signaling substantial institutional ownership despite insider selling.

Shares of Affirm Holdings, Inc. (NASDAQ:AFRM - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the twenty-nine analysts that are currently covering the company, MarketBeat.com reports. Eight analysts have rated the stock with a hold recommendation, twenty have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $83.60.

AFRM has been the topic of several research analyst reports. Truist Financial reduced their price target on shares of Affirm from $85.00 to $71.00 and set a "buy" rating on the stock in a research report on Friday, February 20th. Robert W. Baird initiated coverage on shares of Affirm in a report on Thursday, February 19th. They issued a "neutral" rating and a $55.00 target price on the stock. Weiss Ratings reissued a "hold (c-)" rating on shares of Affirm in a report on Friday, March 27th. UBS Group set a $78.00 target price on shares of Affirm in a report on Friday, February 6th. Finally, Bank of America initiated coverage on shares of Affirm in a report on Thursday, March 5th. They issued a "buy" rating and a $82.00 target price on the stock.

Insider Transactions at Affirm

In other Affirm news, Director Noel Bertram Watson sold 2,000 shares of the firm's stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $55.00, for a total value of $110,000.00. Following the transaction, the director owned 38,076 shares of the company's stock, valued at $2,094,180. This trade represents a 4.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 11.01% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Affirm

A number of large investors have recently bought and sold shares of AFRM. Assetmark Inc. lifted its holdings in Affirm by 111.3% in the third quarter. Assetmark Inc. now owns 338 shares of the company's stock worth $25,000 after acquiring an additional 178 shares during the last quarter. Greenline Wealth Management LLC bought a new position in Affirm in the fourth quarter worth about $26,000. Mather Group LLC. bought a new position in Affirm in the third quarter worth about $29,000. Triumph Capital Management acquired a new stake in shares of Affirm in the third quarter valued at approximately $31,000. Finally, CoreCap Advisors LLC increased its stake in shares of Affirm by 431.3% in the fourth quarter. CoreCap Advisors LLC now owns 441 shares of the company's stock valued at $33,000 after purchasing an additional 358 shares during the period. Institutional investors own 69.29% of the company's stock.

Affirm Stock Performance

Shares of AFRM stock opened at $66.58 on Thursday. The company has a debt-to-equity ratio of 2.58, a quick ratio of 11.41 and a current ratio of 11.41. Affirm has a one year low of $42.10 and a one year high of $100.00. The company's 50-day simple moving average is $50.02 and its 200-day simple moving average is $63.76. The stock has a market capitalization of $22.18 billion, a price-to-earnings ratio of 82.20, a PEG ratio of 4.50 and a beta of 3.63.

Affirm (NASDAQ:AFRM - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.28 by $0.09. Affirm had a net margin of 7.60% and a return on equity of 8.83%. The business had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.06 billion. During the same quarter last year, the company posted $0.23 earnings per share. The company's quarterly revenue was up 29.6% compared to the same quarter last year. Equities analysts anticipate that Affirm will post 1.08 earnings per share for the current fiscal year.

About Affirm

Affirm Holdings, Inc is a financial technology company that provides point-of-sale consumer lending and payments solutions for online and in-store purchases. Its core product is a buy-now-pay-later (BNPL) platform that enables consumers to split purchases into fixed, transparent installment loans with no hidden fees. Affirm offers a range of financing options through merchant integrations, a consumer-facing mobile app and virtual card capabilities, and tools for merchants to offer alternative payment methods at checkout.

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