Affirm (NASDAQ:AFRM) Price Target Raised to $90.00 at Needham & Company LLC

Affirm (NASDAQ:AFRM) had its target price raised by analysts at Needham & Company LLC from $85.00 to $90.00 in a report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC’s price objective suggests a potential upside of 33.61% from the stock’s current price.

AFRM has been the topic of several other research reports. Oppenheimer decreased their price objective on Affirm from $95.00 to $83.00 and set an “outperform” rating on the stock in a report on Friday, February 6th. TD Cowen reiterated a “buy” rating on shares of Affirm in a report on Friday, February 6th. Cantor Fitzgerald lifted their price objective on Affirm from $61.00 to $80.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Stephens decreased their price objective on Affirm from $75.00 to $65.00 and set an “equal weight” rating on the stock in a report on Friday, February 6th. Finally, JPMorgan Chase & Co. decreased their price objective on Affirm from $94.00 to $79.00 and set an “overweight” rating on the stock in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $83.96.

Affirm Trading Up 2.7%

NASDAQ AFRM opened at $67.36 on Friday. The stock’s 50-day simple moving average is $52.66 and its two-hundred day simple moving average is $63.16. Affirm has a twelve month low of $42.10 and a twelve month high of $100.00. The company has a quick ratio of 11.41, a current ratio of 11.41 and a debt-to-equity ratio of 2.58. The company has a market capitalization of $22.44 billion, a price-to-earnings ratio of 83.16, a PEG ratio of 4.58 and a beta of 3.72.

Affirm (NASDAQ:AFRM) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.17 by $0.13. The firm had revenue of $943.95 million for the quarter, compared to the consensus estimate of $995.27 million. Affirm had a return on equity of 8.83% and a net margin of 7.60%.The company’s quarterly revenue was up 32.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.01 earnings per share. Research analysts forecast that Affirm will post 1.08 EPS for the current fiscal year.

Insider Transactions at Affirm

In related news, Director Noel Bertram Watson sold 2,000 shares of the business’s stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $55.00, for a total transaction of $110,000.00. Following the transaction, the director owned 38,076 shares in the company, valued at $2,094,180. The trade was a 4.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 11.01% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of AFRM. Norges Bank bought a new stake in Affirm during the 4th quarter valued at approximately $281,961,000. Invesco Ltd. boosted its position in Affirm by 294.2% during the 3rd quarter. Invesco Ltd. now owns 4,333,691 shares of the company’s stock valued at $316,706,000 after acquiring an additional 3,234,260 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted 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 valued at $157,004,000 after acquiring an additional 2,141,881 shares in the last quarter. Atreides Management LP boosted its position in Affirm by 543.3% during the 2nd quarter. Atreides Management LP now owns 1,977,882 shares of the company’s stock valued at $136,751,000 after acquiring an additional 1,670,429 shares in the last quarter. Finally, State Street Corp boosted its position in Affirm by 26.7% during the 3rd quarter. State Street Corp now owns 5,641,965 shares of the company’s stock valued at $412,315,000 after acquiring an additional 1,187,665 shares in the last quarter. Hedge funds and other institutional investors own 69.29% of the company’s stock.

More Affirm News

Here are the key news stories impacting Affirm this week:

• Positive Sentiment: Affirm reported Q3 EPS of $0.30, well above the consensus $0.17 — a clear earnings beat that signals improving profitability and drove initial upside in the stock. Affirm Beats Q3
• Positive Sentiment: Management raised FY?2026 revenue guidance to about $4.2B (above consensus ~$4.1B) and issued Q4 revenue guidance near $1.1B — guidance that suggests continued top-line momentum and supported the stock. (Company releases/ investor letter). Press Release
• Positive Sentiment: Revenue grew ~32.7% year-over-year, indicating solid underlying demand for Affirm’s BNPL and payments services even as macro risks linger. MarketBeat Coverage
• Neutral Sentiment: Company filed its shareholder letter/8?K and hosted a conference call; slides and transcript are available for detail on unit economics and loss rates — important for investors to review but not new headline news. Slide Deck / Call
• Neutral Sentiment: Multiple outlets ran earnings analyses and metric comparisons (Yahoo, Zacks, Chron) summarizing the quarter and key ratios — useful context but largely restatements of the results. Yahoo Analysis
• Negative Sentiment: Quarterly revenue of $943.95M missed consensus (~$995M), which tempers the EPS beat and raises questions about near-term top-line momentum. Quarterly Results
• Negative Sentiment: Commentary flagged by PYMNTS highlights that Affirm sits at the intersection of consumer credit and private credit — areas sensitive to economic stress and rate cycles, which increases downside risk if delinquencies or funding costs rise. PYMNTS: Credit Risk Focus

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.