Affirm (NASDAQ:AFRM) Given New $100.00 Price Target at Barclays

Affirm (NASDAQ:AFRM) had its target price dropped by analysts at Barclays from $105.00 to $100.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s target price points to a potential upside of 49.00% from the company’s current price.

Other analysts have also issued reports about the stock. Loop Capital began coverage on shares of Affirm in a research report on Wednesday, September 9th. They issued a “buy” rating and a $105.00 price objective on the stock. Weiss Ratings upgraded Affirm from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Friday, August 28th. Citigroup reiterated a “market outperform” rating on shares of Affirm in a research report on Friday, August 28th. Wolfe Research reissued an “outperform” rating on shares of Affirm in a research note on Friday, August 28th. Finally, Susquehanna upped their price target on shares of Affirm from $105.00 to $110.00 and gave the stock a “positive” rating in a report on Friday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $96.93.

Affirm Trading Down 3.7%

NASDAQ AFRM traded down $2.54 on Friday, hitting $67.11. 4,555,167 shares of the stock were exchanged, compared to its average volume of 5,093,088. 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 $90.44. The firm has a market capitalization of $22.65 billion, a P/E ratio of 12.18, a P/E/G ratio of 3.07 and a beta of 3.74. The stock has a fifty day moving average price of $72.73 and a two-hundred day moving average price of $66.57.

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

Insider Transactions at Affirm

In other Affirm news, CAO Siphelele Jiyane sold 26,980 shares of the company’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $72.19, for a total value of $1,947,686.20. Following the completion of the sale, the chief accounting officer directly owned 188,711 shares in the company, valued at approximately $13,623,047.09. This represents a 12.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Michael Linford sold 79,219 shares of the stock in a transaction on Friday, August 28th. The stock was sold at an average price of $90.01, for a total value of $7,130,502.19. Following the transaction, the chief operating officer directly owned 120,713 shares in the company, valued at $10,865,377.13. The trade was a 39.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 280,118 shares of company stock worth $22,223,307 in the last ninety days. 11.01% of the stock is owned by company insiders.

Institutional Trading of Affirm

Hedge funds have recently added to or reduced their stakes in the business. TD Waterhouse Canada Inc. boosted its stake in Affirm by 386.5% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 51,844 shares of the company’s stock worth $4,228,000 after purchasing an additional 41,187 shares in the last quarter. SteelPeak Wealth LLC acquired a new position in Affirm during the 1st quarter valued at approximately $935,000. Dimensional Fund Advisors LP increased its stake in Affirm by 11.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,574,660 shares of the company’s stock valued at $72,100,000 after purchasing an additional 166,252 shares in the last quarter. Nykredit A S acquired a new position in Affirm during the 2nd quarter valued at approximately $7,170,000. Finally, Royal Bank of Canada raised its holdings in shares of Affirm by 8.4% in the first quarter. Royal Bank of Canada now owns 318,783 shares of the company’s stock worth $14,607,000 after buying an additional 24,583 shares during the last quarter. 69.29% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Affirm

Here are the key news stories impacting Affirm this week:

• Positive Sentiment: Affirm forecast fiscal Q2 2027 revenue of $1.4 billion to $1.5 billion, with the midpoint above the $1.4 billion consensus estimate. Affirm fiscal Q1 results
• Positive Sentiment: Fiscal Q1 adjusted earnings came in at $0.47 per share, beating the $0.38 consensus. Revenue coverage was inconsistent: one report put it at $1.26 billion, above estimates, while another cited $1.15 billion, below estimates. Earnings flash
• Neutral Sentiment: Citizens JMP reiterated its “market outperform” rating and $85 target. Piper Sandler lowered its target from $115 to $105 but kept an “overweight” rating, signaling continued optimism alongside a more cautious valuation. Piper Sandler rating
• Negative Sentiment: Recent weakness across retail-facing fintech shares—linked in coverage to Bitcoin’s decline and political uncertainty—may be weighing on AFRM despite its company-specific guidance. Fintech stocks sell off

About Affirm

Affirm Holdings, Inc (NASDAQ: AFRM) operates a financial technology platform that provides consumers with flexible payment options at the point of sale. Its services allow shoppers to split eligible purchases into scheduled installments, with terms and costs disclosed before a transaction is completed.

Affirm’s platform is available through online and mobile checkout experiences, as well as through the Affirm app. Its product offerings include buy now, pay later financing, the Affirm Card, and savings products.