Seaport Res Ptn Has Bearish Estimate for Affirm Q1 Earnings

Key Points

• Seaport Res Ptn has lowered its Q1 2027 EPS estimate for Affirm Holdings to $0.11 from $0.12, with a full-year consensus estimate of ($0.18) per share.
• Affirm's recent earnings report exceeded expectations with $0.20 EPS and a revenue increase of 32.9% year-over-year, reporting $876.42 million compared to analysts' expectations of $834.94 million.
• Insider trading activity includes significant sales by the CAO and CFO, with over 1.8 million shares sold worth approximately $154.9 million in the past three months.

Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report) - Equities research analysts at Seaport Res Ptn lowered their Q1 2027 EPS estimates for Affirm in a report released on Monday, October 13th. Seaport Res Ptn analyst J. Cantwell now expects that the company will post earnings of $0.11 per share for the quarter, down from their prior forecast of $0.12. 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 2027 earnings at $0.11 EPS, Q3 2027 earnings at $0.29 EPS and FY2027 earnings at $0.77 EPS.

Affirm (NASDAQ:AFRM - Get Free Report) last released its quarterly earnings results on Thursday, August 28th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.09. Affirm had a net margin of 1.62% and a return on equity of 1.80%. The firm had revenue of $876.42 million for the quarter, compared to analysts' expectations of $834.94 million. During the same quarter last year, the company earned ($0.14) EPS. The firm's revenue for the quarter 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.

Several other analysts also recently weighed in on the company. Citigroup restated an "outperform" rating on shares of Affirm in a research note on Friday, August 29th. Zacks Research cut shares of Affirm from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 13th. Evercore ISI reissued an "outperform" rating on shares of Affirm in a report on Tuesday, September 16th. Susquehanna lifted their price target on Affirm from $65.00 to $76.00 and gave the company a "positive" rating in a research note on Wednesday, July 23rd. Finally, Rothschild Redb upgraded Affirm from a "hold" rating to a "strong-buy" rating in a report on Monday, October 6th. Two investment 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. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $86.00.

Affirm Stock Up 2.9%

Affirm stock opened at $73.18 on Tuesday. 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 stock has a 50-day simple moving average of $80.20 and a 200-day simple moving average of $64.32. Affirm has a fifty-two week low of $30.90 and a fifty-two week high of $100.00. The company has a market capitalization of $23.83 billion, a P/E ratio of 562.97, a PEG ratio of 4.71 and a beta of 3.58.

Hedge Funds Weigh In On Affirm

A number of hedge funds have recently made changes to their positions in the stock. Huntington National Bank raised its stake in shares of Affirm by 634.0% in the 2nd quarter. Huntington National Bank now owns 389 shares of the company's stock valued at $27,000 after purchasing an additional 336 shares in the last quarter. SouthState Corp grew its position in Affirm by 190.5% in the 2nd quarter. SouthState Corp now owns 427 shares of the company's stock worth $30,000 after purchasing an additional 280 shares during the last quarter. Blume Capital Management Inc. lifted its holdings in Affirm by 468.8% during the 2nd quarter. Blume Capital Management Inc. now owns 455 shares of the company's stock valued at $31,000 after purchasing an additional 375 shares during the last quarter. Allworth Financial LP grew 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 buying an additional 219 shares during the period. Finally, UMB Bank n.a. boosted its holdings in shares of Affirm by 86.6% in the second quarter. UMB Bank n.a. now owns 569 shares of the company's stock valued at $39,000 after buying an additional 264 shares during the period. Institutional investors and hedge funds own 69.29% of the company's stock.

Insider Buying and Selling at Affirm

In other Affirm news, CAO Siphelele Jiyane sold 12,500 shares of Affirm stock in a transaction dated 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 completion of the sale, the chief accounting officer owned 213,967 shares of the company's stock, valued at approximately $18,277,061.14. The trade was a 5.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Robert O'hare sold 31,423 shares of Affirm stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $83.30, for a total value of $2,617,535.90. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,844,552 shares of company stock worth $154,885,240. 11.82% of the stock is currently owned by company insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.