Analysts Set Affirm Holdings, Inc. (NASDAQ:AFRM) Target Price at $93.58

Shares of Affirm Holdings, Inc. (NASDAQ:AFRM) have been assigned an average recommendation of “Moderate Buy” from the thirty analysts that are currently covering the stock, MarketBeat Ratings reports. Eight equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $98.08.

Several equities analysts have recently commented on the stock. Compass Point set a $100.00 target price on shares of Affirm in a report on Friday, July 17th. JPMorgan Chase & Co. lifted their price target on shares of Affirm from $90.00 to $105.00 and gave the company an “overweight” rating in a report on Friday. The Goldman Sachs Group boosted their price target on shares of Affirm from $90.00 to $106.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. UBS Group raised their price objective on Affirm from $82.00 to $90.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Royal Bank Of Canada lifted their target price on Affirm from $80.00 to $96.00 and gave the stock a “sector perform” rating in a report on Friday.

Affirm Price Performance

NASDAQ AFRM opened at $77.76 on Wednesday. The stock’s 50 day moving average is $77.45 and its 200 day moving average is $64.64. The company has a current ratio of 11.80, a quick ratio of 11.80 and a debt-to-equity ratio of 1.82. Affirm has a 12 month low of $42.10 and a 12 month high of $100.00. The stock has a market cap of $26.04 billion, a PE ratio of 14.09, a P/E/G ratio of 3.13 and a beta of 3.71.

Affirm (NASDAQ:AFRM) last posted its quarterly earnings results on Thursday, August 27th. The company reported $4.62 earnings per share for the quarter, topping the consensus estimate of $0.35 by $4.27. Affirm had a return on equity of 47.91% and a net margin of 45.29%.The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the prior year, the company posted $0.20 EPS. The firm’s revenue for the quarter was up 33.1% compared to the same quarter last year. Research analysts predict that Affirm will post 1.75 EPS for the current fiscal year.

Insiders Place Their Bets

In other Affirm news, COO Michael Linford sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $80.04, for a total transaction of $8,004,000.00. Following the completion of the transaction, the chief operating officer owned 117,984 shares in the company, valued at $9,443,439.36. This trade represents a 45.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through 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.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. SBI Securities Co. Ltd. raised its position in Affirm by 83.4% during the fourth quarter. SBI Securities Co. Ltd. now owns 48,504 shares of the company’s stock valued at $3,610,000 after purchasing an additional 22,054 shares during the period. Geode Capital Management LLC lifted its stake in shares of Affirm by 6.4% in the 4th quarter. Geode Capital Management LLC now owns 5,501,387 shares of the company’s stock valued at $408,433,000 after purchasing an additional 329,312 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Affirm by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 24,847,206 shares of the company’s stock worth $1,849,378,000 after purchasing an additional 428,138 shares during the period. SteelPeak Wealth LLC purchased a new position in shares of Affirm in the 1st quarter worth approximately $935,000. Finally, Legal & General Group Plc increased its position in shares of Affirm by 25.4% during the 4th quarter. Legal & General Group Plc now owns 605,521 shares of the company’s stock valued at $45,069,000 after purchasing an additional 122,584 shares during the last quarter. 69.29% of the stock is currently owned by institutional investors.

Key Headlines Impacting Affirm

Here are the key news stories impacting Affirm this week:

• Positive Sentiment: Affirm reported record quarterly profitability, with adjusted EPS of $4.62 versus estimates ranging from approximately $0.35 to $3.77. Revenue increased 33% year over year, while gross merchandise volume rose 36% and adjusted operating income climbed 49%. Affirm Q4 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management’s fiscal 2027 outlook was reportedly above consensus, supported by continued card adoption, merchant expansion and growing use of installment payments for smaller, everyday purchases. Credit performance remained stable, helping reduce concerns about consumer losses. Affirm Q4 Earnings Call Highlights Growth and Product Expansion
• Positive Sentiment: Lower funding costs were another profit tailwind: financing costs fell 103 basis points to 5.8%, allowing margin expansion while the company maintained tight underwriting standards. Affirm Operational Results and Funding Costs
• Positive Sentiment: Several analysts raised their targets following the results. JPMorgan lifted its target to $105 and maintained an overweight rating, BMO raised its target to $101 with an outperform rating, and RBC increased its target to $96. Analyst Price Target Changes
• Positive Sentiment: Affirm expanded its Shopify partnership into Australia through Shop Pay Installments, opening a new international growth channel and increasing the potential reach of its payment products. Affirm and Shopify Launch Shop Pay Installments in Australia
• Neutral Sentiment: Unusually heavy call-option activity and a broader rebound in buy-now-pay-later stocks may be amplifying the move, but these signals do not necessarily reflect long-term fundamental demand.
• Negative Sentiment: The $4.62 EPS headline should be interpreted cautiously because it benefited from a one-time tax allowance release. Reported revenue of roughly $1.07 billion was also below some analyst estimates near $1.11 billion, while the stock’s elevated valuation leaves limited room for execution disappointments. Affirm Earnings Quality Analysis

Affirm Company Profile

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.