Affirm (NASDAQ:AFRM) Price Target Raised to $101.00

Affirm (NASDAQ:AFRM) had its price objective raised by BMO Capital Markets from $86.00 to $101.00 in a research note issued to investors on Friday, Marketbeat Ratings reports. They currently have an outperform rating on the stock.

A number of other analysts have also recently issued reports on the stock. Sanford C. Bernstein assumed coverage on shares of Affirm in a research note on Tuesday, July 21st. They set an “outperform” rating and a $100.00 target price for the company. BTIG Research reiterated a “neutral” rating on shares of Affirm in a research note on Tuesday, May 26th. Wells Fargo & Company increased their price target on shares of Affirm from $89.00 to $96.00 and gave the company an “overweight” rating in a report on Wednesday, July 8th. Weiss Ratings restated a “hold (c-)” rating on shares of Affirm in a research report on Wednesday, June 24th. Finally, The Goldman Sachs Group boosted their price objective on Affirm from $90.00 to $106.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $98.08.

Affirm Stock Performance

Affirm stock opened at $77.76 on Friday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 11.80 and a current ratio of 11.80. Affirm has a 52 week low of $42.10 and a 52 week high of $100.00. The stock has a 50-day simple moving average of $77.45 and a 200 day simple moving average of $64.64. The stock has a market capitalization of $26.04 billion, a P/E ratio of 14.09, a PEG ratio of 3.13 and a beta of 3.71.

Affirm (NASDAQ:AFRM) last announced its quarterly earnings results on Thursday, August 27th. The company reported $4.62 earnings per share (EPS) for the quarter, beating 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 quarter last year, the firm posted $0.20 EPS. The company’s quarterly revenue was up 33.1% on a year-over-year basis. Analysts expect that Affirm will post 1.75 earnings per share for the current year.

Insider Transactions at Affirm

In other Affirm news, COO Michael Linford sold 100,000 shares of the business’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $80.04, for a total value of $8,004,000.00. Following the completion of the sale, the chief operating officer owned 117,984 shares of the company’s stock, valued at $9,443,439.36. The trade was a 45.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 11.01% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Affirm

A number of hedge funds and other institutional investors have recently made changes to their positions in AFRM. Greenline Wealth Management LLC bought a new stake in shares of Affirm in the fourth quarter valued at approximately $26,000. Syntegra Private Wealth Group LLC bought a new position in Affirm during the 1st quarter worth $28,000. Triumph Capital Management bought a new position in Affirm during the 3rd quarter worth $31,000. Strive Financial Group LLC acquired a new position in Affirm in the 4th quarter valued at $33,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Affirm in the 1st quarter valued at $34,000. 69.29% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about 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.