Affirm (NASDAQ:AFRM) Earns Hold (C-) Rating from Weiss Ratings

Key Points

• Affirm's stock received a "hold (C-)" rating from Weiss Ratings, with analysts providing diverse opinions on its price targets ranging from $90.00 to $101.00.
• The company's recent earnings report showed a 32.9% year-over-year revenue increase, reporting $876.42 million with earnings per share of $0.20, surpassing estimates of $0.11.
• Notable insider trades have occurred, including CAO Siphelele Jiyane selling 12,500 shares and CEO Max R. Levchin selling 651,713 shares, indicating a 5.52% decrease and potentially affecting investor sentiment.

Affirm (NASDAQ:AFRM - Get Free Report)'s stock had its "hold (c-)" rating reaffirmed by stock analysts at Weiss Ratings in a research report issued on Tuesday,Weiss Ratings reports.

AFRM has been the subject of a number of other research reports. Redburn Partners set a $101.00 target price on shares of Affirm in a research report on Monday, October 6th. Jefferies Financial Group boosted their price objective on shares of Affirm from $82.00 to $95.00 and gave the stock a "buy" rating in a research note on Tuesday, August 26th. Wall Street Zen raised shares of Affirm from a "hold" rating to a "buy" rating in a research note on Saturday. Needham & Company LLC reissued a "hold" rating on shares of Affirm in a research note on Wednesday, July 2nd. Finally, Morgan Stanley set a $90.00 price objective on Affirm in a research report on Friday, August 29th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and ten have given a Hold rating to the company's stock. Based on data from MarketBeat, Affirm has an average rating of "Moderate Buy" and a consensus price target of $86.00.

Affirm Trading Down 0.4%

Shares of AFRM traded down $0.32 during mid-day trading on Tuesday, reaching $72.86. The company had a trading volume of 1,573,842 shares, compared to its average volume of 7,398,407. Affirm has a fifty-two week low of $30.90 and a fifty-two week high of $100.00. The firm has a fifty day simple moving average of $80.20 and a 200-day simple moving average of $64.32. The stock has a market cap of $23.73 billion, a price-to-earnings ratio of 561.31, a price-to-earnings-growth ratio of 4.71 and a beta of 3.58. The company has a current ratio of 11.54, a quick ratio of 11.54 and a debt-to-equity ratio of 2.55.

Affirm (NASDAQ:AFRM - Get Free Report) last issued its 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 business had revenue of $876.42 million for the quarter, compared to analyst estimates of $834.94 million. During the same period last year, the company posted ($0.14) EPS. The business's quarterly revenue was up 32.9% on a year-over-year basis. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, sell-side analysts anticipate that Affirm will post -0.18 EPS for the current fiscal year.

Insider Buying and Selling at Affirm

In other Affirm news, CAO Siphelele Jiyane sold 12,500 shares of the stock in a transaction that occurred 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 transaction, the chief accounting officer 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 filing with the SEC, which is available at the SEC website. Also, CEO Max R. Levchin sold 651,713 shares of the business's stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $89.27, for a total value of $58,178,419.51. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,844,552 shares of company stock valued at $154,885,240. Corporate insiders own 11.82% of the company's stock.

Hedge Funds Weigh In On Affirm

A number of large investors have recently bought and sold shares of the business. Allworth Financial LP raised its position in shares of Affirm by 63.7% during the 1st quarter. Allworth Financial LP now owns 563 shares of the company's stock worth $27,000 after purchasing an additional 219 shares during the period. Huntington National Bank grew its stake in Affirm by 634.0% during the 2nd quarter. Huntington National Bank now owns 389 shares of the company's stock worth $27,000 after buying an additional 336 shares during the last quarter. SouthState Corp increased 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 buying an additional 280 shares during the period. Blume Capital Management Inc. lifted its stake in Affirm by 468.8% in the second quarter. Blume Capital Management Inc. now owns 455 shares of the company's stock valued at $31,000 after buying an additional 375 shares during the last quarter. Finally, UMB Bank n.a. boosted its holdings in shares of Affirm by 86.6% during the second quarter. UMB Bank n.a. now owns 569 shares of the company's stock valued at $39,000 after acquiring an additional 264 shares during the period. Institutional investors own 69.29% of the company's stock.

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.

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