Wedbush Has Positive Outlook for Affirm Q1 Earnings

Affirm Holdings, Inc. (NASDAQ:AFRM) – Research analysts at Wedbush lifted their Q1 2025 earnings estimates for shares of Affirm in a note issued to investors on Monday, October 14th. Wedbush analyst D. Chiaverini now forecasts that the company will post earnings of ($0.29) per share for the quarter, up from their prior estimate of ($0.39). Wedbush has a “Neutral” rating and a $45.00 price objective on the stock. The consensus estimate for Affirm’s current full-year earnings is ($0.82) per share. Wedbush also issued estimates for Affirm’s Q2 2025 earnings at ($0.13) EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.13 EPS and FY2025 earnings at ($0.23) EPS.

Affirm (NASDAQ:AFRM) last released its quarterly earnings data on Wednesday, August 28th. The company reported ($0.14) EPS for the quarter, beating analysts’ consensus estimates of ($0.45) by $0.31. The business had revenue of $659.19 million during the quarter, compared to the consensus estimate of $599.50 million. Affirm had a negative return on equity of 15.55% and a negative net margin of 22.29%.

Several other brokerages have also issued reports on AFRM. Wells Fargo & Company raised shares of Affirm from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $40.00 to $52.00 in a report on Friday, October 11th. BTIG Research raised shares of Affirm from a “neutral” rating to a “buy” rating and set a $68.00 price objective for the company in a research report on Tuesday, October 8th. Royal Bank of Canada reiterated a “sector perform” rating and set a $46.00 target price on shares of Affirm in a report on Friday, October 4th. JMP Securities began coverage on Affirm in a research report on Friday, June 28th. They set a “market perform” rating on the stock. Finally, The Goldman Sachs Group increased their price objective on Affirm from $46.00 to $54.00 and gave the company a “buy” rating in a report on Monday. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $41.50.

Affirm Stock Down 8.4 %

Shares of NASDAQ AFRM opened at $43.93 on Wednesday. Affirm has a 52-week low of $15.97 and a 52-week high of $52.48. The company has a debt-to-equity ratio of 2.41, a quick ratio of 13.07 and a current ratio of 13.07. The stock has a market cap of $13.58 billion, a P/E ratio of -19.70 and a beta of 3.50. The firm has a 50 day moving average price of $38.66 and a 200 day moving average price of $33.57.

Hedge Funds Weigh In On Affirm

Hedge funds and other institutional investors have recently made changes to their positions in the company. Aspiriant LLC bought a new position in shares of Affirm in the 3rd quarter valued at $206,000. Kathleen S. Wright Associates Inc. boosted its stake in Affirm by 27.6% in the third quarter. Kathleen S. Wright Associates Inc. now owns 5,210 shares of the company’s stock valued at $213,000 after buying an additional 1,128 shares in the last quarter. ORG Wealth Partners LLC bought a new position in Affirm in the third quarter valued at about $29,000. LifePro Asset Management acquired a new position in Affirm during the third quarter worth about $2,078,000. Finally, Artemis Investment Management LLP bought a new position in shares of Affirm in the third quarter worth about $30,808,000. 69.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Affirm

In other Affirm news, Director Keith Rabois sold 9,275 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $26.90, for a total transaction of $249,497.50. Following the transaction, the director now owns 64,348 shares in the company, valued at $1,730,961.20. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Keith Rabois sold 9,275 shares of the company’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $26.90, for a total transaction of $249,497.50. Following the completion of the sale, the director now directly owns 64,348 shares in the company, valued at approximately $1,730,961.20. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Katherine Adkins sold 82,316 shares of the stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $45.00, for a total value of $3,704,220.00. Following the sale, the insider now directly owns 91,499 shares in the company, valued at approximately $4,117,455. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 112,075 shares of company stock worth $4,803,786. Company insiders own 13.05% of the company’s stock.

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.