Seaport Res Ptn Issues Negative Estimate for Affirm Earnings

Affirm Holdings, Inc. (NASDAQ:AFRM) – Investment analysts at Seaport Res Ptn lowered their Q1 2026 earnings estimates for shares of Affirm in a note issued to investors on Monday, July 14th. Seaport Res Ptn analyst J. Cantwell now forecasts that the company will post earnings per share of $0.07 for the quarter, down from their previous estimate of $0.19. Seaport Res Ptn currently has a “Hold” rating on the stock. The consensus estimate for Affirm’s current full-year earnings is ($0.18) per share. Seaport Res Ptn also issued estimates for Affirm’s Q2 2026 earnings at $0.12 EPS, Q3 2026 earnings at $0.24 EPS, Q4 2026 earnings at $0.19 EPS, FY2026 earnings at $0.62 EPS, Q1 2027 earnings at $0.17 EPS, Q2 2027 earnings at $0.28 EPS, Q3 2027 earnings at $0.47 EPS and Q4 2027 earnings at $0.28 EPS.

A number of other equities analysts have also weighed in on AFRM. JMP Securities cut their price objective on shares of Affirm from $85.00 to $75.00 and set a “market outperform” rating for the company in a research report on Friday, May 9th. Truist Financial initiated coverage on shares of Affirm in a research report on Monday, June 2nd. They issued a “buy” rating and a $58.00 price objective for the company. UBS Group cut their price objective on shares of Affirm from $62.00 to $56.00 and set a “neutral” rating for the company in a research report on Friday, May 9th. Evercore ISI initiated coverage on shares of Affirm in a research report on Wednesday, April 9th. They issued an “outperform” rating and a $50.00 price objective for the company. Finally, Citigroup restated an “overweight” rating on shares of Affirm in a report on Monday, June 30th. Ten investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $65.90.

Affirm Stock Performance

NASDAQ:AFRM opened at $67.21 on Wednesday. The firm has a 50 day simple moving average of $59.41 and a 200-day simple moving average of $56.54. The company has a debt-to-equity ratio of 2.55, a current ratio of 11.47 and a quick ratio of 11.47. The firm has a market cap of $21.68 billion, a PE ratio of -320.05, a P/E/G ratio of 2.29 and a beta of 3.63. Affirm has a 1-year low of $22.25 and a 1-year high of $82.53.

Affirm (NASDAQ:AFRM) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.09) by $0.10. The firm had revenue of $783.14 million during the quarter, compared to analysts’ expectations of $782.98 million. Affirm had a negative net margin of 2.07% and a negative return on equity of 2.22%. The business’s revenue for the quarter was up 35.9% compared to the same quarter last year. During the same quarter last year, the business earned ($0.43) earnings per share.

Institutional Investors Weigh In On Affirm

Several institutional investors have recently modified their holdings of the business. Cadent Capital Advisors LLC acquired a new stake in shares of Affirm during the 2nd quarter worth approximately $1,309,000. Aspire Capital Advisors LLC acquired a new stake in shares of Affirm during the 2nd quarter worth approximately $310,000. Public Employees Retirement System of Ohio grew its position in shares of Affirm by 4.4% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 83,305 shares of the company’s stock worth $5,760,000 after buying an additional 3,489 shares during the period. Norden Group LLC acquired a new stake in shares of Affirm during the 2nd quarter worth approximately $219,000. Finally, Counterpoint Mutual Funds LLC acquired a new stake in shares of Affirm during the 2nd quarter worth approximately $393,000. Institutional investors and hedge funds own 69.29% of the company’s stock.

Insider Transactions at Affirm

In other Affirm news, CFO Robert O’hare sold 19,802 shares of the firm’s stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $70.03, for a total value of $1,386,734.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Katherine Adkins sold 57,102 shares of the firm’s stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $70.27, for a total transaction of $4,012,557.54. Following the completion of the sale, the insider owned 112,467 shares of the company’s stock, valued at $7,903,056.09. The trade was a 33.67% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 96,247 shares of company stock worth $6,422,823. Corporate insiders own 11.82% of the company’s stock.

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.