Affirm (AFRM) to Release Quarterly Earnings on Thursday

Affirm (NASDAQ:AFRM) is projected to issue its Q3 2026 results after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $995.2640 million for the quarter. Parties can check the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 5:00 PM ET.

Affirm (NASDAQ:AFRM) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.28 by $0.09. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.06 billion. Affirm had a return on equity of 8.83% and a net margin of 7.60%.The company’s quarterly revenue was up 29.6% compared to the same quarter last year. During the same period last year, the firm earned $0.23 EPS. On average, analysts expect Affirm to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Affirm Price Performance

Shares of AFRM traded down $1.25 during mid-day trading on Wednesday, hitting $65.57. The company’s stock had a trading volume of 2,292,075 shares, compared to its average volume of 6,037,439. The company has a current ratio of 11.41, a quick ratio of 11.41 and a debt-to-equity ratio of 2.58. The firm has a 50-day simple moving average of $51.90 and a 200 day simple moving average of $63.19. The firm has a market capitalization of $21.84 billion, a P/E ratio of 80.94, a P/E/G ratio of 4.69 and a beta of 3.72. Affirm has a 1-year low of $42.10 and a 1-year high of $100.00.

Analysts Set New Price Targets

AFRM has been the subject of several recent analyst reports. Cantor Fitzgerald raised their price target on Affirm from $61.00 to $80.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. BTIG Research reissued a “neutral” rating on shares of Affirm in a report on Thursday, February 26th. TD Cowen reissued a “buy” rating on shares of Affirm in a report on Friday, February 6th. Mizuho reduced their price target on Affirm from $114.00 to $95.00 and set an “outperform” rating for the company in a report on Monday, February 9th. Finally, Stephens reduced their price target on Affirm from $75.00 to $65.00 and set an “equal weight” rating for the company in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $83.76.

Insiders Place Their Bets

In other Affirm news, Director Noel Bertram Watson sold 2,000 shares of the firm’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $55.00, for a total transaction of $110,000.00. Following the completion of the transaction, the director owned 38,076 shares of the company’s stock, valued at approximately $2,094,180. This trade represents a 4.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 11.01% of the company’s stock.

Hedge Funds Weigh In On Affirm

Hedge funds have recently bought and sold shares of the stock. OpenArc Corporate Advisory LLC purchased a new position in Affirm during the fourth quarter worth $229,000. Brooklyn Investment Group increased its position in Affirm by 120.6% during the third quarter. Brooklyn Investment Group now owns 3,025 shares of the company’s stock worth $221,000 after buying an additional 1,654 shares in the last quarter. Leigh Baldwin & CO. LLC increased its position in Affirm by 28.1% during the fourth quarter. Leigh Baldwin & CO. LLC now owns 2,903 shares of the company’s stock worth $216,000 after buying an additional 636 shares in the last quarter. DRW Securities LLC grew its position in shares of Affirm by 532.3% in the fourth quarter. DRW Securities LLC now owns 2,782 shares of the company’s stock valued at $207,000 after purchasing an additional 2,342 shares during the period. Finally, PDT Partners LLC purchased a new stake in shares of Affirm in the fourth quarter valued at $202,000. Hedge funds and other institutional investors own 69.29% of the company’s stock.

Affirm Company Profile

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.