What is Seaport Res Ptn's Forecast for Affirm Q1 Earnings?

Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report) - Equities researchers at Seaport Res Ptn dropped their Q1 2026 earnings estimates for Affirm in a note issued to investors on Monday, July 14th. Seaport Res Ptn analyst J. Cantwell now anticipates that the company will post earnings per share of $0.07 for the quarter, down from their prior estimate of $0.19. Seaport Res Ptn has a "Hold" rating on the stock. The consensus estimate for Affirm's current full-year earnings is ($0.18) per share. Seaport Res Ptn also issued estimates for Affirm's Q2 2026 earnings at $0.12 EPS, Q3 2026 earnings at $0.24 EPS, Q4 2026 earnings at $0.19 EPS, FY2026 earnings at $0.62 EPS, Q1 2027 earnings at $0.17 EPS, Q2 2027 earnings at $0.28 EPS, Q3 2027 earnings at $0.47 EPS and Q4 2027 earnings at $0.28 EPS.

AFRM has been the topic of a number of other reports. JMP Securities cut their target price on shares of Affirm from $85.00 to $75.00 and set a "market outperform" rating on the stock in a report on Friday, May 9th. TD Cowen initiated coverage on shares of Affirm in a report on Tuesday, April 8th. They issued a "buy" rating and a $50.00 target price on the stock. Truist Financial lifted their target price on shares of Affirm from $58.00 to $72.00 and gave the company a "buy" rating in a report on Thursday. Barclays lifted their target price on shares of Affirm from $67.00 to $80.00 and gave the company an "overweight" rating in a report on Monday, June 30th. Finally, Stephens initiated coverage on shares of Affirm in a report on Thursday, June 12th. They issued an "equal weight" rating and a $69.00 target price on the stock. Nine equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $66.71.

Affirm Stock Down 1.8%

AFRM stock traded down $1.27 during midday trading on Wednesday, reaching $68.20. 2,145,763 shares of the company were exchanged, compared to its average volume of 8,305,779. The company has a debt-to-equity ratio of 2.55, a quick ratio of 11.47 and a current ratio of 11.47. Affirm has a 1-year low of $22.25 and a 1-year high of $82.53. The stock's 50-day simple moving average is $59.72 and its 200 day simple moving average is $56.58. The company has a market cap of $22.00 billion, a price-to-earnings ratio of -325.62, a price-to-earnings-growth ratio of 2.33 and a beta of 3.63.

Affirm (NASDAQ:AFRM - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.01 earnings per share for the quarter, topping analysts' consensus estimates of ($0.09) by $0.10. Affirm had a negative net margin of 2.07% and a negative return on equity of 2.22%. The company had revenue of $783.14 million for the quarter, compared to analysts' expectations of $782.98 million. During the same quarter last year, the company earned ($0.43) earnings per share. The firm's revenue for the quarter was up 35.9% on a year-over-year basis.

Institutional Investors Weigh In On Affirm

Several institutional investors and hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC boosted its position in shares of Affirm by 15.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,300 shares of the company's stock worth $90,000 after buying an additional 175 shares in the last quarter. KLP Kapitalforvaltning AS lifted its holdings in Affirm by 0.4% in 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 in the last quarter. Allworth Financial LP lifted its holdings in Affirm by 63.7% in 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 in the last quarter. Sei Investments Co. lifted its holdings in Affirm by 0.6% in the 1st 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. Finally, HB Wealth Management LLC lifted its holdings in Affirm by 2.2% in the 1st quarter. HB Wealth Management LLC now owns 11,471 shares of the company's stock valued at $518,000 after purchasing an additional 252 shares in the last quarter. 69.29% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CFO Robert O'hare sold 19,802 shares of the business's stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $70.03, for a total value of $1,386,734.06. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Katherine Adkins sold 57,102 shares of the business's stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $70.27, for a total transaction of $4,012,557.54. Following the completion of the sale, the insider owned 112,467 shares in the company, valued at $7,903,056.09. This represents a 33.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 96,247 shares of company stock worth $6,422,823. 11.82% of the stock is owned by company insiders.

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.