Affirm (NASDAQ:AFRM) Stock Price Target Lowered at Stephens

Affirm (NASDAQ:AFRM) had its price target lowered by Stephens from $90.00 to $80.00 in a research report report published on Friday,Benzinga reports. The firm currently has an equal weight rating on the stock.

Several other equities analysts have also recently commented on AFRM. TD Cowen dropped their target price on shares of Affirm from $124.00 to $110.00 and set a “buy” rating on the stock in a research report on Tuesday, October 6th. Needham & Company LLC restated a “buy” rating on shares of Affirm in a research note on Friday. Citizens Jmp reaffirmed a “market outperform” rating and issued a $85.00 target price on shares of Affirm in a report on Friday. Scotiabank increased their price target on Affirm from $95.00 to $97.00 and gave the company a “sector outperform” rating in a research report on Friday. Finally, Susquehanna increased their price target on Affirm from $105.00 to $110.00 and gave the company a “positive” rating in a research report on Friday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $96.81.

Affirm Stock Down 2.2%

Shares of AFRM traded down $1.55 during trading hours on Friday, reaching $68.11. 9,658,563 shares of the stock traded hands, compared to its average volume of 3,621,034. The company has a current ratio of 11.80, a quick ratio of 11.80 and a debt-to-equity ratio of 1.82. The stock has a fifty day simple moving average of $72.54 and a 200 day simple moving average of $66.56. Affirm has a 52 week low of $42.10 and a 52 week high of $90.44. The company has a market cap of $22.98 billion, a price-to-earnings ratio of 11.82, a PEG ratio of 2.99 and a beta of 3.74.

Affirm (NASDAQ:AFRM) last released its quarterly earnings results on Thursday, November 5th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.09. Affirm had a net margin of 45.29% and a return on equity of 47.91%. The business had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the previous year, the company earned $0.23 earnings per share. The firm’s revenue for the quarter was up 35.2% compared to the same quarter last year. On average, equities analysts forecast that Affirm will post 1.89 EPS for the current year.

Insider Activity at Affirm

In related news, CAO Siphelele Jiyane sold 26,980 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $72.19, for a total transaction of $1,947,686.20. Following the completion of the sale, the chief accounting officer owned 188,711 shares in the company, valued at approximately $13,623,047.09. This trade represents a 12.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Katherine Adkins sold 41,664 shares of Affirm stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $75.53, for a total transaction of $3,146,881.92. Following the completion of the sale, the insider directly owned 152,439 shares in the company, valued at approximately $11,513,717.67. This represents a 21.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 280,118 shares of company stock worth $22,223,307 in the last ninety days. Corporate insiders own 11.01% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Yousif Capital Management LLC increased its stake in shares of Affirm by 3.7% during the 3rd quarter. Yousif Capital Management LLC now owns 3,914 shares of the company’s stock worth $271,000 after purchasing an additional 139 shares during the last quarter. Rhodes Investment Advisors Inc. ADV raised its holdings in shares of Affirm by 1.3% in the 3rd quarter. Rhodes Investment Advisors Inc. ADV now owns 11,378 shares of the company’s stock worth $788,000 after purchasing an additional 149 shares during the period. Brighton Jones LLC lifted its stake in Affirm by 5.9% in the third quarter. Brighton Jones LLC now owns 3,019 shares of the company’s stock valued at $209,000 after purchasing an additional 167 shares during the last quarter. Allworth Financial LP lifted its stake in Affirm by 5.8% in the third quarter. Allworth Financial LP now owns 3,153 shares of the company’s stock valued at $218,000 after purchasing an additional 173 shares during the last quarter. Finally, Mather Group LLC. lifted its stake in Affirm by 52.9% in the third quarter. Mather Group LLC. now owns 613 shares of the company’s stock valued at $42,000 after purchasing an additional 212 shares during the last quarter. 69.29% of the stock is owned by institutional investors.

Key Headlines Impacting Affirm

Here are the key news stories impacting Affirm this week:

• Positive Sentiment: Affirm reported fiscal Q1 2027 adjusted earnings of $0.47 per share, ahead of estimates, while revenue reached $1.26 billion and gross merchandise volume grew 34%. Cardholders more than doubled, signaling continued platform expansion. Affirm Q1 Earnings Beat Estimates on Strong GMV and Card Growth
• Positive Sentiment: Management is targeting fiscal 2027 growth above 30%, citing AI-driven underwriting, card expansion and new financing opportunities. Its Q2 revenue guidance of $1.4 billion–$1.5 billion is broadly in line with consensus. Affirm Q1 Earnings Call Highlights 30% Growth Goal and Credit Risks
• Neutral Sentiment: Some analysts argue credit worries may be overblown and see further upside, though their optimism comes alongside close scrutiny of loan performance. Late Payments Overshadow Affirm’s Earnings Beat. Wall Street Sees More Run to Run.
• Negative Sentiment: Higher credit-loss provisions and late-payment concerns are the main headwinds, raising questions about whether rapid growth could come at the cost of worsening credit quality. Affirm Q1 Earnings Beat Estimates on Strong GMV and Card Growth
• Negative Sentiment: Several firms lowered price targets after results, including Stephens, Barclays and Piper Sandler. Barclays and Piper Sandler kept overweight ratings, while Stephens retained an equal-weight rating, suggesting target cuts but not a broad shift to bearish recommendations.

Affirm Company Profile