William Blair Brokers Boost Earnings Estimates for Affirm

Affirm Holdings, Inc. (NASDAQ:AFRM) – Equities researchers at William Blair increased their Q4 2026 earnings per share (EPS) estimates for Affirm in a research report issued on Thursday, February 6th. William Blair analyst A. Jeffrey now expects that the company will post earnings per share of $0.28 for the quarter, up from their prior forecast of $0.20. William Blair has a “Outperform” rating on the stock. The consensus estimate for Affirm’s current full-year earnings is ($0.59) per share.

Affirm (NASDAQ:AFRM) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.44. Affirm had a negative return on equity of 7.29% and a negative net margin of 7.10%.

Several other research analysts have also recently weighed in on the company. JPMorgan Chase & Co. increased their price objective on Affirm from $56.00 to $74.00 and gave the stock an “overweight” rating in a research report on Monday, December 2nd. Wedbush upgraded Affirm from an “underperform” rating to a “neutral” rating and raised their price objective for the stock from $25.00 to $45.00 in a research note on Monday, October 14th. Deutsche Bank Aktiengesellschaft raised their price target on Affirm from $45.00 to $75.00 and gave the stock a “hold” rating in a research report on Monday, December 16th. Citizens Jmp upgraded shares of Affirm from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 20th. Finally, Mizuho boosted their target price on shares of Affirm from $65.00 to $69.00 and gave the company an “outperform” rating in a research report on Tuesday, November 19th. Nine research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Affirm presently has a consensus rating of “Moderate Buy” and a consensus price target of $70.24.

Affirm Price Performance

NASDAQ:AFRM opened at $77.75 on Monday. The company has a market cap of $24.42 billion, a P/E ratio of -119.62 and a beta of 3.66. The firm’s fifty day moving average price is $63.27 and its two-hundred day moving average price is $49.84. Affirm has a one year low of $22.25 and a one year high of $79.67. The company has a debt-to-equity ratio of 2.50, a current ratio of 12.60 and a quick ratio of 12.60.

Institutional Trading of Affirm

Large investors have recently bought and sold shares of the business. Spyglass Capital Management LLC boosted its position in shares of Affirm by 9.3% during the 3rd quarter. Spyglass Capital Management LLC now owns 2,348,095 shares of the company’s stock valued at $95,849,000 after purchasing an additional 200,449 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Affirm by 3.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,272,058 shares of the company’s stock valued at $138,368,000 after buying an additional 68,848 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Affirm by 0.6% during the 4th quarter. Bank of New York Mellon Corp now owns 885,097 shares of the company’s stock worth $53,902,000 after buying an additional 5,169 shares in the last quarter. Artemis Investment Management LLP grew its position in shares of Affirm by 2.1% during the 4th quarter. Artemis Investment Management LLP now owns 770,245 shares of the company’s stock worth $46,908,000 after buying an additional 15,517 shares during the period. Finally, Bank of Montreal Can grew its position in shares of Affirm by 269.7% during the 3rd quarter. Bank of Montreal Can now owns 724,336 shares of the company’s stock worth $29,814,000 after buying an additional 528,400 shares during the period. 69.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Affirm

In related news, President Libor Michalek sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $62.00, for a total value of $6,200,000.00. Following the sale, the president now directly owns 159,449 shares in the company, valued at $9,885,838. This represents a 38.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Robert O’hare sold 11,218 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $70.00, for a total transaction of $785,260.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,038,626 shares of company stock worth $70,690,871. 12.41% of the stock is currently owned by company insiders.

About Affirm

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.