Affirm (NASDAQ:AFRM) Stock Price Target Lowered at Stephens

Affirm (NASDAQ:AFRM) had its price target dropped by equities researchers at Stephens from $90.00 to $80.00 in a research note issued on Friday, Benzinga reports. The firm presently has an “equal weight” rating on the stock. Stephens‘s price target indicates a potential upside of 17.31% from the company’s current price.

Several other research firms have also weighed in on AFRM. UBS Group upped their target price on shares of Affirm from $82.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Oppenheimer upped their price objective on shares of Affirm from $100.00 to $104.00 and gave the stock an “outperform” rating in a research note on Friday, August 28th. Morgan Stanley dropped their price objective on shares of Affirm from $82.00 to $79.00 and set an “equal weight” rating for the company in a report on Monday, October 26th. Compass Point set a $100.00 price objective on shares of Affirm in a report on Friday, July 17th. Finally, Citigroup reiterated a “market outperform” rating on shares of Affirm in a research note on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $96.81.

Affirm Price Performance

NASDAQ AFRM traded down $1.47 on Friday, reaching $68.19. The company’s stock had a trading volume of 7,667,496 shares, compared to its average volume of 5,108,159. Affirm has a 52 week low of $42.10 and a 52 week high of $90.44. The company has a current ratio of 11.80, a quick ratio of 11.80 and a debt-to-equity ratio of 1.82. The firm has a market cap of $23.01 billion, a PE ratio of 12.34, a price-to-earnings-growth ratio of 3.07 and a beta of 3.74. The business has a 50-day moving average price of $72.73 and a 200 day moving average price of $66.57.

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

Insider Activity at Affirm

In related news, CAO Siphelele Jiyane sold 26,980 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $72.19, for a total value of $1,947,686.20. Following the completion of the transaction, the chief accounting officer owned 188,711 shares in the company, valued at $13,623,047.09. The trade was a 12.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Robert O’Hare sold 65,591 shares of the 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 completion of the transaction, the chief financial officer 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. 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. Over the last 90 days, insiders have sold 280,118 shares of company stock worth $22,223,307. Company insiders own 11.01% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of AFRM. Reyes Financial Architecture Inc. acquired a new position in Affirm in the third quarter valued at approximately $31,000. Ascentis Independent Advisors bought a new position in Affirm in the first quarter valued at approximately $41,000. Mather Group LLC. grew its holdings in Affirm by 52.9% during the 3rd quarter. Mather Group LLC. now owns 613 shares of the company’s stock worth $42,000 after acquiring an additional 212 shares during the period. Heritage Family Offices LLP acquired a new position in shares of Affirm in the 3rd quarter valued at $60,000. Finally, Oslo Pensjonsforsikring AS bought a new position in shares of Affirm in the 1st quarter worth $66,000. Institutional investors own 69.29% of the company’s stock.

Trending Headlines about Affirm

Here are the key news stories impacting Affirm this week:

• Positive Sentiment: Affirm beat fiscal Q1 2027 earnings expectations, with EPS of $0.47 versus estimates of $0.38. Gross merchandise volume rose 34%, and cardholders more than doubled, indicating continued expansion. Affirm Q1 Earnings Beat Estimates on Strong GMV and Card Growth
• Positive Sentiment: Management is targeting growth above 30% in fiscal 2027, citing AI-driven underwriting, card expansion and new financing opportunities. It also forecast Q2 revenue of $1.4 billion to $1.5 billion, around or above the consensus estimate. Affirm Q1 Earnings Call Highlights
• Neutral Sentiment: Barclays and Piper Sandler lowered their price targets but retained Overweight ratings; Citizens JMP reaffirmed Market Outperform. Some analysts also view concerns about late payments as overstated. Late Payments Overshadow Affirm’s Earnings Beat
• Negative Sentiment: Higher credit-loss provisions and late-payment concerns remain key risks, potentially offsetting growth and earnings gains. Affirm also traded amid weakness across retail-facing fintech stocks, which a report linked to falling cryptocurrency prices and political uncertainty. Fintech Stocks Weighed Down by Crypto and Political Concerns

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.