Affirm (NASDAQ:AFRM) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Affirm (NASDAQ:AFRM) from a hold rating to a buy rating in a research report report published on Saturday.

AFRM has been the subject of a number of other reports. Weiss Ratings reissued a “hold (c)” rating on shares of Affirm in a research note on Saturday, September 27th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Affirm in a research note on Tuesday, September 23rd. Evercore ISI reissued an “outperform” rating on shares of Affirm in a research note on Tuesday, September 16th. Bank of America lifted their price objective on shares of Affirm from $90.00 to $94.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Affirm in a research note on Wednesday, July 2nd. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, Affirm has a consensus rating of “Moderate Buy” and an average target price of $86.00.

Affirm Price Performance

Shares of NASDAQ:AFRM opened at $73.18 on Friday. 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 firm has a fifty day moving average price of $80.20 and a 200 day moving average price of $64.32. Affirm has a fifty-two week low of $30.90 and a fifty-two week high of $100.00. The firm has a market cap of $23.83 billion, a price-to-earnings ratio of 562.97, a P/E/G ratio of 4.71 and a beta of 3.58.

Affirm (NASDAQ:AFRM) last issued its earnings results on Thursday, August 28th. The company reported $0.20 earnings per share for the quarter, topping 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 during the quarter, compared to analyst estimates of $834.94 million. During the same quarter in the prior year, the business earned ($0.14) earnings per share. Affirm’s revenue for the quarter was up 32.9% on a year-over-year basis. Affirm has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts expect that Affirm will post -0.18 earnings per share for the current fiscal year.

Insider Transactions at Affirm

In other news, CAO Siphelele Jiyane sold 12,500 shares of the firm’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $85.42, for a total value of $1,067,750.00. Following the completion of the sale, the chief accounting officer owned 213,967 shares in the company, valued at approximately $18,277,061.14. This trade represents a 5.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Robert O’hare sold 31,423 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $83.30, for a total transaction of $2,617,535.90. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,844,552 shares of company stock worth $154,885,240. 11.82% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in AFRM. Allworth Financial LP increased its stake in Affirm by 63.7% in 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. Huntington National Bank increased its stake in Affirm by 634.0% in the 2nd quarter. Huntington National Bank now owns 389 shares of the company’s stock worth $27,000 after buying an additional 336 shares during the period. SouthState Corp increased its stake in Affirm by 190.5% in the 2nd quarter. SouthState Corp now owns 427 shares of the company’s stock worth $30,000 after buying an additional 280 shares during the period. Blume Capital Management Inc. increased its stake in Affirm by 468.8% in the 2nd quarter. Blume Capital Management Inc. now owns 455 shares of the company’s stock worth $31,000 after buying an additional 375 shares during the period. Finally, UMB Bank n.a. increased its stake in Affirm by 86.6% in the 2nd quarter. UMB Bank n.a. now owns 569 shares of the company’s stock worth $39,000 after buying an additional 264 shares during the period. Hedge funds and other institutional investors own 69.29% of the company’s stock.

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.