Affirm (AFRM) Expected to Announce Earnings on Thursday

Affirm (NASDAQ:AFRM - Get Free Report) is anticipated to release its earnings data after the market closes on Thursday, February 6th. Analysts expect Affirm to post earnings of ($0.21) per share and revenue of $799.56 million for the quarter. Affirm has set its Q2 2025 guidance at EPS.Parties that are interested in participating in the company's conference call can do so using this link.

Affirm (NASDAQ:AFRM - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported ($0.31) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.36) by $0.05. Affirm had a negative net margin of 17.67% and a negative return on equity of 12.57%. The company had revenue of $698.48 million during the quarter, compared to analysts' expectations of $661.39 million. During the same period last year, the company posted ($0.57) earnings per share. On average, analysts expect Affirm to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Affirm Price Performance

NASDAQ AFRM traded up $2.74 during mid-day trading on Thursday, hitting $61.69. The stock had a trading volume of 2,307,027 shares, compared to its average volume of 5,159,771. The company has a 50 day simple moving average of $63.73 and a 200 day simple moving average of $47.74. The company has a market cap of $19.37 billion, a price-to-earnings ratio of -43.42 and a beta of 3.67. Affirm has a 52-week low of $22.25 and a 52-week high of $73.34. The company has a quick ratio of 12.60, a current ratio of 12.60 and a debt-to-equity ratio of 2.50.

Insider Buying and Selling

In other news, insider Katherine Adkins sold 200,000 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $55.05, for a total transaction of $11,010,000.00. Following the completion of the transaction, the insider now directly owns 93,545 shares in the company, valued at approximately $5,149,652.25. This represents a 68.13 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Robert O'hare sold 6,541 shares of Affirm stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $62.28, for a total transaction of $407,373.48. Following the completion of the sale, the chief financial officer now owns 2,963 shares of the company's stock, valued at approximately $184,535.64. This trade represents a 68.82 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,323,478 shares of company stock valued at $86,285,371. Corporate insiders own 12.41% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Morgan Stanley increased their price target on shares of Affirm from $39.00 to $55.00 and gave the company an "equal weight" rating in a research report on Tuesday. BTIG Research raised Affirm from a "neutral" rating to a "buy" rating and set a $68.00 price target for the company in a research report on Tuesday, October 8th. William Blair initiated coverage on Affirm in a research report on Wednesday, January 15th. They issued an "outperform" rating on the stock. Bank of America lifted their price objective on Affirm from $50.00 to $74.00 and gave the stock a "buy" rating in a research report on Friday, November 22nd. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Affirm in a research note on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $62.88.

About Affirm

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.