Affirm (NASDAQ:AFRM) Receives “Overweight” Rating from Cantor Fitzgerald

Cantor Fitzgerald restated their overweight rating on shares of Affirm (NASDAQ:AFRM) in a report issued on Monday,Benzinga reports. Cantor Fitzgerald currently has a $85.00 price target on the stock.

Several other equities research analysts have also recently weighed in on AFRM. Oppenheimer lowered their target price on Affirm from $95.00 to $83.00 and set an “outperform” rating for the company in a report on Friday. Susquehanna restated a “positive” rating and issued a $100.00 price objective on shares of Affirm in a report on Friday. JPMorgan Chase & Co. lowered their price objective on shares of Affirm from $94.00 to $79.00 and set an “overweight” rating for the company in a research note on Friday. Bank of America raised their target price on shares of Affirm from $94.00 to $98.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Finally, Citigroup upgraded shares of Affirm to a “strong-buy” rating in a report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $86.67.

Affirm Price Performance

Affirm stock opened at $57.95 on Monday. The company has a debt-to-equity ratio of 2.58, a current ratio of 11.41 and a quick ratio of 11.41. The stock has a market cap of $19.13 billion, a price-to-earnings ratio of 71.54, a price-to-earnings-growth ratio of 2.51 and a beta of 3.56. The firm has a 50-day moving average of $71.31 and a two-hundred day moving average of $74.23. Affirm has a 1 year low of $30.90 and a 1 year high of $100.00.

Affirm (NASDAQ:AFRM) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.09. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.06 billion. Affirm had a net margin of 7.60% and a return on equity of 8.83%. The company’s revenue was up 29.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.23 earnings per share. On average, research analysts forecast that Affirm will post -0.18 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO Robert O’hare sold 36,401 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $80.00, for a total transaction of $2,912,080.00. Following the completion of the sale, the chief financial officer owned 1,368 shares of the company’s stock, valued at $109,440. This represents a 96.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Max R. Levchin sold 666,666 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $80.62, for a total transaction of $53,746,612.92. The SEC filing for this sale provides additional information. Insiders have sold 711,256 shares of company stock valued at $57,231,923 in the last three months. 11.01% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in AFRM. Assetmark Inc. raised its stake in Affirm by 111.3% in the third quarter. Assetmark Inc. now owns 338 shares of the company’s stock valued at $25,000 after buying an additional 178 shares during the last quarter. Huntington National Bank grew its stake in shares of Affirm by 634.0% during the 2nd quarter. Huntington National Bank now owns 389 shares of the company’s stock worth $27,000 after purchasing an additional 336 shares during the period. Mather Group LLC. purchased a new position in shares of Affirm during the 3rd quarter valued at approximately $29,000. SouthState Corp increased its holdings in shares of Affirm by 190.5% during the 2nd quarter. SouthState Corp now owns 427 shares of the company’s stock valued at $30,000 after purchasing an additional 280 shares in the last quarter. Finally, Triumph Capital Management acquired a new position in shares of Affirm in the 3rd quarter valued at $31,000. 69.29% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Affirm

Here are the key news stories impacting Affirm this week:

• Positive Sentiment: New distribution and partnership wins broaden Affirm’s BNPL footprint (including a QuickBooks tie-up aimed at small-business lending), which supports revenue growth and product diversification. Here’s What Affirm Holding’s Introduction of Buy Now, Pay Later to QuickBooks Means For Investors
• Positive Sentiment: Affirm says it is expanding its BNPL network with additional partnerships and wider distribution — a growth signal that can drive merchant adoption and TPV expansion. Affirm Expands BNPL Network With New Partnerships And Wider Distribution
• Positive Sentiment: Cantor Fitzgerald reaffirmed an “overweight” rating and set an $85 price target, indicating continued institutional conviction in upside from current levels. Benzinga coverage of Cantor Fitzgerald rating
• Neutral Sentiment: Affirm’s recent quarterly results showed a beat and an upgraded outlook (fundamental positives), but the stock saw a near-term pullback after the print — investors are parsing growth vs. valuation. Affirm Holdings (AFRM) Is Down 5.4% After Q2 Beat And Outlook Hike What’s Changed
• Neutral Sentiment: Mizuho trimmed its price target from $114 to $95 but kept an “outperform” rating — a sign of differing analyst views about medium-term upside. Mizuho price-target change
• Neutral Sentiment: Zacks notes elevated investor attention on AFRM, which can amplify moves (higher volume/volatility) but doesn’t by itself change fundamentals. Affirm Holdings, Inc. (AFRM) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Several sell-side cuts lowered price targets (Stephens to $65, RBC to $77, JPMorgan to $79), increasing near-term downside risk as investors reprice consensus expectations. Stephens Cuts Affirm Price Target to $65 Royal Bank Of Canada Cuts Affirm Price Target to $77 JPMorgan Cuts Affirm Price Target to $79
• Negative Sentiment: Short-term analyst downgrades and headline-driven selling explain the recent intraday pullbacks despite positive product/newsflow—expect continued volatility around earnings and analyst notes. Affirm Shares Down Following Analyst Downgrade

About Affirm

Affirm Holdings, Inc is a financial technology company that provides point-of-sale consumer lending and payments solutions for online and in-store purchases. Its core product is a buy-now-pay-later (BNPL) platform that enables consumers to split purchases into fixed, transparent installment loans with no hidden fees. Affirm offers a range of financing options through merchant integrations, a consumer-facing mobile app and virtual card capabilities, and tools for merchants to offer alternative payment methods at checkout.