Q1 2026 Earnings Forecast for Affirm Holdings, Inc. (NASDAQ:AFRM) Issued By Wedbush

Affirm Holdings, Inc. (NASDAQ:AFRM - Free Report) - Research analysts at Wedbush boosted their Q1 2026 EPS estimates for Affirm in a report released on Monday, October 14th. Wedbush analyst D. Chiaverini now expects that the company will earn $0.21 per share for the quarter, up from their prior forecast of $0.17. Wedbush has a "Neutral" rating and a $45.00 price target 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 2026 earnings at $0.31 EPS and FY2026 earnings at $0.87 EPS.

A number of other equities research analysts have also issued reports on the company. Barclays raised their price target on Affirm from $50.00 to $54.00 and gave the stock an "overweight" rating in a research note on Monday, September 23rd. BTIG Research upgraded Affirm from a "neutral" rating to a "buy" rating and set a $68.00 target price for the company in a research report on Tuesday, October 8th. Royal Bank of Canada restated a "sector perform" rating and issued a $46.00 price target on shares of Affirm in a report on Friday, October 4th. JMP Securities started coverage on shares of Affirm in a report on Friday, June 28th. They set a "market perform" rating for the company. Finally, Morgan Stanley upgraded shares of Affirm from an "underweight" rating to an "equal weight" rating and upped their target price for the stock from $22.00 to $37.00 in a research note on Wednesday, October 9th. Three equities 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. Based on data from MarketBeat.com, Affirm presently has an average rating of "Hold" and an average price target of $41.50.

Affirm Trading Down 2.8 %

Affirm stock traded down $1.40 during midday trading on Tuesday, reaching $47.86. The stock had a trading volume of 9,242,565 shares, compared to its average volume of 8,785,068. The company has a quick ratio of 13.07, a current ratio of 13.07 and a debt-to-equity ratio of 2.41. The firm has a market cap of $14.79 billion, a price-to-earnings ratio of -21.46 and a beta of 3.50. Affirm has a 52-week low of $15.97 and a 52-week high of $52.48. The company has a fifty day moving average of $37.33 and a 200 day moving average of $33.32.

Affirm (NASDAQ:AFRM - Get Free Report) last posted its quarterly earnings data on Wednesday, August 28th. The company reported ($0.14) earnings per share for the quarter, beating analysts' consensus estimates of ($0.45) by $0.31. The business had revenue of $659.19 million for the quarter, compared to analysts' expectations of $599.50 million. Affirm had a negative net margin of 22.29% and a negative return on equity of 15.55%.

Insider Transactions at Affirm

In other news, Director Christa S. Quarles sold 14,400 shares of the company's stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $40.02, for a total transaction of $576,288.00. Following the transaction, the director now directly owns 141,903 shares of the company's stock, valued at approximately $5,678,958.06. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, Director Keith Rabois sold 9,275 shares of Affirm stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $26.90, for a total value of $249,497.50. Following the completion of the sale, the director now directly 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 document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Christa S. Quarles sold 14,400 shares of the company's stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $40.02, for a total transaction of $576,288.00. Following the transaction, the director now owns 141,903 shares in the company, valued at $5,678,958.06. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 112,075 shares of company stock valued at $4,803,786 in the last 90 days. Insiders own 13.05% of the company's stock.

Hedge Funds Weigh In On Affirm

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in Affirm by 6.8% during the 1st quarter. Vanguard Group Inc. now owns 20,823,803 shares of the company's stock valued at $775,895,000 after purchasing an additional 1,316,901 shares during the last quarter. Capital World Investors raised its position in Affirm by 0.4% during the 1st quarter. Capital World Investors now owns 19,079,071 shares of the company's stock worth $710,886,000 after buying an additional 77,050 shares during the last quarter. Baillie Gifford & Co. lifted its position in Affirm by 4.2% during the first quarter. Baillie Gifford & Co. now owns 18,732,407 shares of the company's stock valued at $697,969,000 after purchasing an additional 749,368 shares during the period. Dragoneer Investment Group LLC purchased a new stake in Affirm in the second quarter valued at $45,219,000. Finally, Bank of New York Mellon Corp grew its position in Affirm by 25.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 866,946 shares of the company's stock worth $26,190,000 after purchasing an additional 176,675 shares during the period. 69.29% of the stock is owned by institutional investors and hedge funds.

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.