Affirm (AFRM) Projected to Post Earnings on Thursday

Affirm (NASDAQ:AFRM) is expected to post its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect Affirm to post earnings of ($0.21) per share and revenue of $799.56 million for the quarter. Affirm has set its Q2 2025 guidance at EPS.Investors that are interested in registering for the company’s conference call can do so using this link.

Affirm (NASDAQ:AFRM) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.31) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.05. The company had revenue of $698.48 million for the quarter, compared to analysts’ expectations of $661.39 million. Affirm had a negative net margin of 17.67% and a negative return on equity of 12.57%. During the same quarter in the prior year, the firm earned ($0.57) EPS. On average, analysts expect Affirm to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Affirm Price Performance

AFRM stock opened at $58.95 on Thursday. The stock has a market capitalization of $18.51 billion, a PE ratio of -41.51 and a beta of 3.67. The company’s 50-day moving average is $63.73 and its 200-day moving average is $47.74. The company has a debt-to-equity ratio of 2.50, a current ratio of 12.60 and a quick ratio of 12.60. Affirm has a 1 year low of $22.25 and a 1 year high of $73.34.

Insider Buying and Selling

In other Affirm news, CFO Robert O’hare sold 100,938 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $55.00, for a total value of $5,551,590.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Libor Michalek sold 100,000 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $62.00, for a total transaction of $6,200,000.00. Following the completion of the transaction, the president now directly owns 159,449 shares of the company’s stock, valued at approximately $9,885,838. The trade was a 38.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,323,478 shares of company stock valued at $86,285,371. Company insiders own 12.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Bank of America upped their target price on shares of Affirm from $50.00 to $74.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Citizens Jmp upgraded shares of Affirm from a “hold” rating to a “strong-buy” rating in a report on Friday, December 20th. BTIG Research upgraded shares of Affirm from a “neutral” rating to a “buy” rating and set a $68.00 price objective for the company in a research note on Tuesday, October 8th. Jefferies Financial Group upgraded shares of Affirm from a “hold” rating to a “buy” rating and increased their price objective for the company from $70.00 to $82.00 in a research note on Thursday, December 19th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Affirm from $56.00 to $74.00 and gave the company an “overweight” rating in a research note on Monday, December 2nd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $62.88.

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.