Affirm (NASDAQ:AFRM) Given New $65.00 Price Target at Stephens

Affirm (NASDAQ:AFRM) had its price objective trimmed by Stephens from $75.00 to $65.00 in a research report released on Friday,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

Several other equities analysts have also weighed in on the company. Susquehanna reissued a “positive” rating and set a $100.00 price objective on shares of Affirm in a report on Friday. The Goldman Sachs Group set a $83.00 price objective on Affirm in a report on Friday. Bank of America lifted their target price on shares of Affirm from $94.00 to $98.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. BTIG Research restated a “neutral” rating on shares of Affirm in a research note on Wednesday, December 17th. Finally, Cantor Fitzgerald raised shares of Affirm to a “strong-buy” rating in a report on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $87.21.

Affirm Price Performance

Affirm stock opened at $57.03 on Friday. Affirm has a 52 week low of $30.90 and a 52 week high of $100.00. The company’s 50 day moving average price is $71.53 and its two-hundred day moving average price is $74.17. The stock has a market cap of $18.82 billion, a P/E ratio of 70.41, a P/E/G ratio of 2.63 and a beta of 3.56. The company has a quick ratio of 12.80, a current ratio of 12.80 and a debt-to-equity ratio of 2.40.

Affirm (NASDAQ:AFRM) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.09. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.06 billion. Affirm had a return on equity of 9.16% and a net margin of 7.60%.Affirm’s quarterly revenue was up 29.6% compared to the same quarter last year. During the same period last year, the company posted $0.23 earnings per share. On average, equities analysts predict that Affirm will post -0.18 earnings per share for the current year.

Insider Activity

In other Affirm news, CFO Robert O’hare sold 36,401 shares of Affirm stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $80.00, for a total transaction of $2,912,080.00. Following the completion of the sale, the chief financial officer directly owned 1,368 shares in the company, valued at $109,440. The trade was a 96.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Max R. Levchin sold 666,666 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $80.62, for a total transaction of $53,746,612.92. The SEC filing for this sale provides additional information. Insiders have sold 711,256 shares of company stock valued at $57,231,923 in the last three months. 11.01% of the stock is owned by insiders.

Hedge Funds Weigh In On Affirm

Several institutional investors and hedge funds have recently made changes to their positions in AFRM. Invesco Ltd. lifted its stake in Affirm by 294.2% in the third quarter. Invesco Ltd. now owns 4,333,691 shares of the company’s stock worth $316,706,000 after purchasing an additional 3,234,260 shares during the last quarter. Norges Bank bought a new stake in shares of Affirm in the 2nd quarter valued at about $183,475,000. Northwestern Mutual Wealth Management Co. grew its position in Affirm by 11,042.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,161,278 shares of the company’s stock worth $157,004,000 after acquiring an additional 2,141,881 shares during the last quarter. Atreides Management LP increased its stake in Affirm by 543.3% in the 2nd quarter. Atreides Management LP now owns 1,977,882 shares of the company’s stock worth $136,751,000 after purchasing an additional 1,670,429 shares during the period. Finally, State Street Corp lifted its position in Affirm by 26.7% in the third quarter. State Street Corp now owns 5,641,965 shares of the company’s stock valued at $412,315,000 after purchasing an additional 1,187,665 shares during the last quarter. Institutional investors own 69.29% of the company’s stock.

Key Stories Impacting Affirm

Here are the key news stories impacting Affirm this week:

• Positive Sentiment: Q2 results beat consensus — Affirm reported an EPS beat and revenue growth with GMV up ~36% year-over-year, underscoring healthy transaction and merchant momentum. Affirm Q2 earnings beat (MarketBeat)
• Positive Sentiment: Customer and merchant metrics improving — active consumers and transactions per user rose, supporting repeat-use traction for Affirm’s BNPL offerings. Affirm BNPL volumes jump (PYMNTS)
• Positive Sentiment: New partnership expands reach — Affirm signed a deal with Virgin Media O2 to offer device financing in the U.K., which should broaden merchant distribution and product adoption. Affirm and Virgin Media O2 partnership (BusinessWire)
• Positive Sentiment: Some analyst support remains — Morgan Stanley recently upgraded the stock to Overweight, reflecting buy‑side interest despite mixed signals. Morgan Stanley upgrade (AmericanBankingNews)
• Neutral Sentiment: Guidance roughly in line — Affirm updated fiscal revenue targets that were generally in line with expectations, leaving less new directional information for investors. Q2 results and investor presentation (Affirm IR)
• Neutral Sentiment: Short-interest data shows no meaningful change — the reported short interest figures are effectively unchanged and do not appear to be driving today’s move.
• Negative Sentiment: Credit metrics deteriorated — Affirm increased loan-loss provisions and noted higher installment loan delinquency rates, which raised concerns about credit quality and pressured the stock. Earnings beat highlights growth and credit concerns (MarketBeat)
• Negative Sentiment: Analysts trimmed price targets — several firms (JPMorgan, Stephens, RBC) lowered targets this morning, signaling more cautious near‑term expectations and adding selling pressure. Analyst price-target changes (Benzinga / MarketScreener)

About Affirm

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.