Affirm (NASDAQ:AFRM) Stock Keeps “Market Outperform” Rating at Citizens Jmp

Citizens Jmp reaffirmed their market outperform rating on shares of Affirm (NASDAQ:AFRM) in a research note issued to investors on Friday,Benzinga reports. They currently have a $85.00 price objective on the stock.

A number of other equities research analysts have also recently issued reports on AFRM. Loop Capital assumed coverage on shares of Affirm in a report on Wednesday, September 9th. They issued a “buy” rating and a $105.00 target price on the stock. Zacks Research upgraded Affirm from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 27th. Piper Sandler boosted their price target on Affirm from $103.00 to $115.00 and gave the stock an “overweight” rating in a research report on Friday, August 28th. JPMorgan Chase & Co. upped their price objective on Affirm from $90.00 to $105.00 and gave the company an “overweight” rating in a research note on Friday, August 28th. Finally, Bank of America upped their price objective on Affirm from $93.00 to $104.00 and gave the company a “buy” rating in a research note on Friday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $96.81.

Affirm Stock Performance

NASDAQ AFRM traded down $1.55 on Friday, hitting $68.11. 9,658,563 shares of the stock were exchanged, compared to its average volume of 3,621,034. The company has a debt-to-equity ratio of 1.82, a current ratio of 11.80 and a quick ratio of 11.80. The business’s fifty day moving average is $72.54 and its 200 day moving average is $66.56. Affirm has a 52 week low of $42.10 and a 52 week high of $90.44. The company has a market capitalization of $22.98 billion, a PE ratio of 11.82, a P/E/G ratio of 2.99 and a beta of 3.74.

Affirm (NASDAQ:AFRM) last announced its quarterly earnings results on Thursday, November 5th. The company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.09. Affirm had a net margin of 45.29% and a return on equity of 47.91%. The firm had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same quarter last year, the company posted $0.23 earnings per share. The company’s revenue for the quarter was up 35.2% compared to the same quarter last year. Research analysts anticipate that Affirm will post 1.89 EPS for the current fiscal year.

Insider Activity at Affirm

In other Affirm news, CFO Robert O’Hare sold 65,591 shares of the company’s stock in a transaction on Friday, October 9th. The shares were sold at an average price of $80.02, for a total value of $5,248,591.82. Following the transaction, the chief financial officer directly owned 2,734 shares in the company, valued at $218,774.68. The trade was a 96.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Siphelele Jiyane sold 26,980 shares of the company’s stock in a transaction on 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 transaction, the chief accounting officer owned 188,711 shares in the company, valued at approximately $13,623,047.09. This represents a 12.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 280,118 shares of company stock valued at $22,223,307. 11.01% of the stock is owned by company insiders.

Institutional Trading of Affirm

Hedge funds and other institutional investors have recently modified their holdings of the stock. Aberdeen Group plc lifted its position in Affirm by 276.5% during the third quarter. Aberdeen Group plc now owns 9,457 shares of the company’s stock worth $655,000 after acquiring an additional 6,945 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Affirm by 5.8% during the third quarter. Allworth Financial LP now owns 3,153 shares of the company’s stock worth $218,000 after acquiring an additional 173 shares during the period. Maryland State Retirement & Pension System grew its position in shares of Affirm by 8.2% in the third quarter. Maryland State Retirement & Pension System now owns 17,035 shares of the company’s stock valued at $1,179,000 after purchasing an additional 1,298 shares during the last quarter. Machina Capital S.A.S. acquired a new position in shares of Affirm in the third quarter valued at approximately $208,000. Finally, Lido Advisors LLC grew its position in shares of Affirm by 52.2% in the third quarter. Lido Advisors LLC now owns 7,800 shares of the company’s stock valued at $540,000 after purchasing an additional 2,675 shares during the last quarter. Institutional investors own 69.29% of the company’s stock.

More Affirm News

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