Affirm (NASDAQ:AFRM) Given New $100.00 Price Target at Barclays

Affirm (NASDAQ:AFRM) had its target price lowered by investment analysts at Barclays from $105.00 to $100.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s price target would suggest a potential upside of 49.00% from the company’s current price.

AFRM has been the topic of several other research reports. Oppenheimer increased their price target on shares of Affirm from $100.00 to $104.00 and gave the stock an “outperform” rating in a report on Friday, August 28th. Zacks Research raised shares of Affirm from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 27th. Weiss Ratings upgraded shares of Affirm from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Friday, August 28th. Needham & Company LLC reaffirmed a “buy” rating on shares of Affirm in a report on Friday. Finally, TD Cowen dropped their price objective on shares of Affirm from $124.00 to $110.00 and set a “buy” rating on the stock in a report on Tuesday, October 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $96.93.

Affirm Stock Performance

Affirm stock traded down $2.54 during trading hours on Friday, hitting $67.11. 4,555,167 shares of the stock traded hands, compared to its average volume of 5,093,088. The firm’s 50 day moving average price is $72.73 and its 200-day moving average price is $66.57. The company has a debt-to-equity ratio of 1.82, a current ratio of 11.80 and a quick ratio of 11.80. The stock has a market capitalization of $22.65 billion, a price-to-earnings ratio of 12.18, a P/E/G ratio of 3.07 and a beta of 3.74. Affirm has a 1 year low of $42.10 and a 1 year high of $90.44.

Affirm (NASDAQ:AFRM) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.09. Affirm had a return on equity of 47.91% and a net margin of 45.29%. The firm had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period last year, the business posted $0.23 earnings per share. The company’s revenue for the quarter was up 35.2% compared to the same quarter last year. As a group, equities analysts expect that Affirm will post 1.89 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CAO Siphelele Jiyane sold 26,980 shares of Affirm stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $72.19, for a total transaction of $1,947,686.20. Following the completion of the transaction, the chief accounting officer directly owned 188,711 shares in the company, valued at approximately $13,623,047.09. This trade represents a 12.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Robert O’Hare sold 65,591 shares of the business’s stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $80.02, for a total value of $5,248,591.82. Following the completion of the transaction, the chief financial officer directly owned 2,734 shares of the company’s stock, valued at $218,774.68. The trade was a 96.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 280,118 shares of company stock worth $22,223,307 over the last ninety days. 11.01% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Affirm

Several institutional investors have recently made changes to their positions in AFRM. Reyes Financial Architecture Inc. acquired a new position in shares of Affirm in the 3rd quarter valued at $31,000. Ascentis Independent Advisors acquired a new stake in Affirm during the first quarter valued at $41,000. Mather Group LLC. grew its position in Affirm by 52.9% during the third quarter. Mather Group LLC. now owns 613 shares of the company’s stock valued at $42,000 after buying an additional 212 shares during the period. Heritage Family Offices LLP acquired a new stake in Affirm during the third quarter valued at $60,000. Finally, Oslo Pensjonsforsikring AS purchased a new position in Affirm in the first quarter valued at $66,000. 69.29% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Affirm

Here are the key news stories impacting Affirm this week:

• Positive Sentiment: Affirm forecast fiscal Q2 2027 revenue of $1.4 billion to $1.5 billion, with the midpoint above the $1.4 billion consensus estimate. Affirm fiscal Q1 results
• Positive Sentiment: Fiscal Q1 adjusted earnings came in at $0.47 per share, beating the $0.38 consensus. Revenue coverage was inconsistent: one report put it at $1.26 billion, above estimates, while another cited $1.15 billion, below estimates. Earnings flash
• Neutral Sentiment: Citizens JMP reiterated its “market outperform” rating and $85 target. Piper Sandler lowered its target from $115 to $105 but kept an “overweight” rating, signaling continued optimism alongside a more cautious valuation. Piper Sandler rating
• Negative Sentiment: Recent weakness across retail-facing fintech shares—linked in coverage to Bitcoin’s decline and political uncertainty—may be weighing on AFRM despite its company-specific guidance. Fintech stocks sell off

About Affirm

Affirm Holdings, Inc (NASDAQ: AFRM) operates a financial technology platform that provides consumers with flexible payment options at the point of sale. Its services allow shoppers to split eligible purchases into scheduled installments, with terms and costs disclosed before a transaction is completed.

Affirm’s platform is available through online and mobile checkout experiences, as well as through the Affirm app. Its product offerings include buy now, pay later financing, the Affirm Card, and savings products.