Affirm (NASDAQ:AFRM) Price Target Cut to $100.00 by Analysts at Barclays

Affirm (NASDAQ:AFRM) had its price target lowered by Barclays from $105.00 to $100.00 in a report published on Friday,Benzinga reports. The firm currently has an overweight rating on the stock.

A number of other analysts have also commented on the company. Wolfe Research reissued an “outperform” rating on shares of Affirm in a research note on Friday, August 28th. Weiss Ratings raised Affirm from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Friday, August 28th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Affirm in a research note on Wednesday, September 9th. Royal Bank Of Canada dropped their price objective on shares of Affirm from $96.00 to $83.00 and set a “sector perform” rating for the company in a report on Friday. Finally, Cantor Fitzgerald raised their price objective on shares of Affirm from $88.00 to $97.00 and gave the company an “overweight” rating in a report on Monday, August 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $96.81.

Affirm Price Performance

AFRM stock traded down $1.55 during midday trading on Friday, reaching $68.11. 9,658,563 shares of the stock were exchanged, compared to its average volume of 3,621,034. The stock has a market capitalization of $22.98 billion, a PE ratio of 11.82, a P/E/G ratio of 2.99 and a beta of 3.74. Affirm has a 52 week low of $42.10 and a 52 week high of $90.44. 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 company has a fifty day moving average price of $72.54 and a 200 day moving average price of $66.56.

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

Insider Buying and Selling

In other Affirm news, CFO Robert O’Hare sold 65,591 shares of Affirm stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $80.02, for a total transaction of $5,248,591.82. Following the transaction, the chief financial officer directly owned 2,734 shares of the company’s stock, valued at approximately $218,774.68. The trade was a 96.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Michael Linford sold 79,219 shares of Affirm stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $90.01, for a total value of $7,130,502.19. Following the transaction, the chief operating officer directly owned 120,713 shares in the company, valued at $10,865,377.13. The trade was a 39.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 280,118 shares of company stock valued at $22,223,307. Company insiders own 11.01% of the company’s stock.

Institutional Investors Weigh In On Affirm

A number of institutional investors have recently made changes to their positions in AFRM. TD Waterhouse Canada Inc. lifted its stake in shares of Affirm by 386.5% in the second quarter. TD Waterhouse Canada Inc. now owns 51,844 shares of the company’s stock worth $4,228,000 after acquiring an additional 41,187 shares during the period. SteelPeak Wealth LLC bought a new stake in Affirm in the first quarter valued at approximately $935,000. Dimensional Fund Advisors LP boosted its holdings in Affirm by 11.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,574,660 shares of the company’s stock valued at $72,100,000 after acquiring an additional 166,252 shares during the last quarter. Nykredit A S acquired a new stake in Affirm during the 2nd quarter valued at approximately $7,170,000. Finally, Royal Bank of Canada increased its position in Affirm by 8.4% during the 1st quarter. Royal Bank of Canada now owns 318,783 shares of the company’s stock valued at $14,607,000 after purchasing an additional 24,583 shares during the period. Institutional investors own 69.29% of the company’s stock.

Key Headlines Impacting Affirm

Here are the key news stories impacting Affirm this week:

• Positive Sentiment: Affirm reported fiscal Q1 2027 adjusted earnings of $0.47 per share, ahead of estimates, while revenue reached $1.26 billion and gross merchandise volume grew 34%. Cardholders more than doubled, signaling continued platform expansion. Affirm Q1 Earnings Beat Estimates on Strong GMV and Card Growth
• Positive Sentiment: Management is targeting fiscal 2027 growth above 30%, citing AI-driven underwriting, card expansion and new financing opportunities. Its Q2 revenue guidance of $1.4 billion–$1.5 billion is broadly in line with consensus. Affirm Q1 Earnings Call Highlights 30% Growth Goal and Credit Risks
• Neutral Sentiment: Some analysts argue credit worries may be overblown and see further upside, though their optimism comes alongside close scrutiny of loan performance. Late Payments Overshadow Affirm’s Earnings Beat. Wall Street Sees More Run to Run.
• Negative Sentiment: Higher credit-loss provisions and late-payment concerns are the main headwinds, raising questions about whether rapid growth could come at the cost of worsening credit quality. Affirm Q1 Earnings Beat Estimates on Strong GMV and Card Growth
• Negative Sentiment: Several firms lowered price targets after results, including Stephens, Barclays and Piper Sandler. Barclays and Piper Sandler kept overweight ratings, while Stephens retained an equal-weight rating, suggesting target cuts but not a broad shift to bearish recommendations.

About Affirm