FY2026 EPS Estimates for Affirm Decreased by Seaport Res Ptn

Key Points

• Seaport Res Ptn has lowered its FY2026 earnings estimates for Affirm Holdings to $0.71 per share, down from $0.72, with the current consensus estimate at ($0.18) per share.
• Affirm reported a quarterly EPS of $0.20, surpassing analyst expectations of $0.11, and experienced a revenue increase of 32.9% year-over-year, totaling $876.42 million.
• Institutional investors control 69.29% of Affirm's stock, with significant changes in holdings from firms such as Yousif Capital Management and Allworth Financial, which recently increased their positions.

Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report) - Seaport Res Ptn lowered their FY2026 earnings estimates for shares of Affirm in a research note issued on Monday, October 13th. Seaport Res Ptn analyst J. Cantwell now anticipates that the company will post earnings of $0.71 per share for the year, down from their prior forecast of $0.72. The consensus estimate for Affirm's current full-year earnings is ($0.18) per share. Seaport Res Ptn also issued estimates for Affirm's Q4 2027 earnings at $0.26 EPS.

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

Several other brokerages have also recently issued reports on AFRM. Needham & Company LLC reiterated a "hold" rating on shares of Affirm in a research report on Wednesday, July 2nd. Oppenheimer set a $80.00 price objective on shares of Affirm and gave the stock an "outperform" rating in a report on Monday, July 21st. The Goldman Sachs Group cut their price objective on shares of Affirm from $105.00 to $94.00 and set a "buy" rating on the stock in a report on Monday. Redburn Partners set a $101.00 price objective on shares of Affirm in a report on Monday, October 6th. Finally, Barclays upped their price objective on shares of Affirm from $67.00 to $80.00 and gave the stock an "overweight" rating in a report on Monday, June 30th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $86.00.

Affirm Stock Performance

Shares of NASDAQ:AFRM opened at $72.92 on Wednesday. The company has a market cap of $23.75 billion, a price-to-earnings ratio of 560.97, a price-to-earnings-growth ratio of 4.84 and a beta of 3.58. The company has a 50-day moving average price of $80.16 and a 200-day moving average price of $64.38. 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 has a 12 month low of $30.90 and a 12 month high of $100.00.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in AFRM. Yousif Capital Management LLC raised its position in shares of Affirm by 5.1% during the 3rd quarter. Yousif Capital Management LLC now owns 3,243 shares of the company's stock valued at $237,000 after purchasing an additional 158 shares during the period. Farther Finance Advisors LLC raised its position in shares of Affirm by 13.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,471 shares of the company's stock valued at $108,000 after purchasing an additional 171 shares during the period. KLP Kapitalforvaltning AS raised its position in shares of Affirm by 0.4% during the 1st 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 during the period. GAMMA Investing LLC raised its position in shares of Affirm by 4.4% during the 3rd quarter. GAMMA Investing LLC now owns 4,850 shares of the company's stock valued at $354,000 after purchasing an additional 206 shares during the period. Finally, 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 valued at $27,000 after purchasing an additional 219 shares during the period. 69.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Affirm news, insider Katherine Adkins sold 36,878 shares of the stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $95.00, for a total value of $3,503,410.00. Following the transaction, the insider directly owned 113,400 shares in the company, valued at approximately $10,773,000. This trade represents a 24.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Max R. Levchin sold 651,713 shares of the stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $89.27, for a total transaction of $58,178,419.51. The disclosure for this sale can be found here. Insiders have sold a total of 1,844,552 shares of company stock valued at $154,885,240 in the last ninety days. Corporate insiders own 11.82% 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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