Affirm (AFRM) Projected to Post Earnings on Thursday

Affirm (NASDAQ:AFRM) will likely be posting its quarterly earnings results 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.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Affirm (NASDAQ:AFRM) last announced its earnings results on Thursday, November 7th. The company reported ($0.31) earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $661.39 million. During the same period in the previous year, the business earned ($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 Stock Up 2.3 %

Shares of NASDAQ:AFRM opened at $58.95 on Thursday. Affirm has a 52-week low of $22.25 and a 52-week high of $73.34. The firm has a fifty day moving average of $63.73 and a 200 day moving average of $47.74. The firm has a market capitalization of $18.51 billion, a PE ratio of -41.51 and a beta of 3.67. The company has a debt-to-equity ratio of 2.50, a quick ratio of 12.60 and a current ratio of 12.60.

Wall Street Analyst Weigh In

Several analysts have weighed in on AFRM shares. JPMorgan Chase & Co. boosted their price target on shares of Affirm from $56.00 to $74.00 and gave the stock an “overweight” rating in a research note on Monday, December 2nd. Susquehanna downgraded shares of Affirm from a “positive” rating to a “neutral” rating and set a $57.00 price target for the company. in a research note on Tuesday, January 21st. Barclays boosted their price target on shares of Affirm from $64.00 to $75.00 and gave the stock an “overweight” rating in a research note on Monday, November 25th. Needham & Company LLC reissued a “hold” rating on shares of Affirm in a research note on Wednesday, January 22nd. Finally, Morgan Stanley upped their price objective on shares of Affirm from $39.00 to $55.00 and gave the company an “equal weight” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $62.88.

Insider Activity at Affirm

In other Affirm news, CFO Robert O’hare sold 100,938 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $55.00, for a total value of $5,551,590.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Katherine Adkins sold 200,000 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $55.05, for a total transaction of $11,010,000.00. Following the sale, the insider now owns 93,545 shares in the company, valued at approximately $5,149,652.25. The trade was a 68.13 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,323,478 shares of company stock worth $86,285,371 over the last 90 days. 12.41% of the stock is owned by company insiders.

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.