Affirm (NASDAQ:AFRM) Price Target Raised to $80.00 at Royal Bank Of Canada

Affirm (NASDAQ:AFRM) had its price objective lifted by Royal Bank Of Canada from $77.00 to $80.00 in a research note issued to investors on Friday,Benzinga reports. They currently have a sector perform rating on the stock.

Several other equities analysts have also recently weighed in on AFRM. Citigroup reissued a “buy” rating on shares of Affirm in a report on Wednesday, April 15th. Oppenheimer reaffirmed an “outperform” rating and issued a $87.00 price objective on shares of Affirm in a report on Friday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Affirm in a research report on Friday, March 27th. UBS Group set a $78.00 target price on Affirm in a research report on Friday, February 6th. Finally, BMO Capital Markets assumed coverage on Affirm in a research note on Tuesday, April 21st. They set an “outperform” rating and a $75.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $85.28.

Affirm Stock Performance

Shares of NASDAQ AFRM opened at $64.01 on Friday. The firm’s 50-day moving average price is $52.66 and its 200-day moving average price is $63.16. Affirm has a 52-week low of $42.10 and a 52-week high of $100.00. The company has a market cap of $21.32 billion, a PE ratio of 58.19, a PEG ratio of 4.71 and a beta of 3.72. The company has a quick ratio of 11.41, a current ratio of 11.41 and a debt-to-equity ratio of 2.58.

Affirm (NASDAQ:AFRM) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.13. The firm had revenue of $943.95 million during the quarter, compared to analysts’ expectations of $995.27 million. Affirm had a net margin of 9.63% and a return on equity of 11.57%. The firm’s quarterly revenue was up 32.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.01 earnings per share. As a group, analysts anticipate that Affirm will post 1.08 EPS for the current year.

Insider Activity at Affirm

In related news, Director Noel Bertram Watson sold 2,000 shares of the firm’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $55.00, for a total value of $110,000.00. Following the transaction, the director directly owned 38,076 shares of the company’s stock, valued at approximately $2,094,180. This trade represents a 4.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 11.01% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AFRM. Royal Bank of Canada grew its stake in shares of Affirm by 2.1% during the 1st quarter. Royal Bank of Canada now owns 193,601 shares of the company’s stock valued at $8,748,000 after acquiring an additional 3,892 shares during the period. Empowered Funds LLC lifted its holdings in Affirm by 90.7% during the first quarter. Empowered Funds LLC now owns 16,852 shares of the company’s stock valued at $762,000 after purchasing an additional 8,014 shares in the last quarter. Focus Partners Wealth bought a new position in shares of Affirm in the first quarter worth approximately $243,000. EverSource Wealth Advisors LLC increased its stake in shares of Affirm by 18.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,738 shares of the company’s stock worth $189,000 after purchasing an additional 427 shares in the last quarter. Finally, First Trust Advisors LP raised its position in shares of Affirm by 44.8% during the 2nd quarter. First Trust Advisors LP now owns 191,525 shares of the company’s stock valued at $13,242,000 after purchasing an additional 59,297 shares during the period. 69.29% of the stock is owned by hedge funds and other institutional investors.

Key Affirm News

Here are the key news stories impacting Affirm this week:

• Positive Sentiment: Affirm beat fiscal Q3 estimates, reporting $0.30 EPS versus $0.17 expected, while revenue rose 32.7% year over year, signaling stronger profitability and continued top-line growth. Affirm Holdings (AFRM) Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: The company said gross merchandise volume jumped 35% and transactions climbed 45%, which points to healthier platform usage and stronger consumer demand. Affirm Q3 Earnings Beat on Strong GMV Growth & Higher Transactions
• Positive Sentiment: Affirm raised fiscal 2026 guidance after the earnings beat, reinforcing confidence that growth can continue into the next year. Affirm reports third fiscal quarter 2026 results
• Positive Sentiment: Several Wall Street firms lifted price targets after the results, including JPMorgan to $80, RBC to $80, Stephens to $75, and Needham to $90, suggesting analysts see additional upside. JPMorgan, RBC, Stephens and Needham analyst updates

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.