Truist Financial Issues Positive Forecast for Affirm (NASDAQ:AFRM) Stock Price

Posted by George Bondi on May 28th, 2026

Affirm (NASDAQ:AFRM – Get Free Report) had its price objective raised by Truist Financial from $75.00 to $80.00 in a report released on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial’s price objective points to a potential upside of 10.34% from the company’s previous close.

Other research analysts have also recently issued reports about the company. Zacks Research cut Affirm from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 29th. TD Cowen reissued a “buy” rating on shares of Affirm in a report on Friday, February 6th. JPMorgan Chase & Co. raised their price objective on Affirm from $79.00 to $80.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Stephens raised their price objective on Affirm from $55.00 to $75.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th. Finally, BMO Capital Markets began coverage on Affirm in a research report on Tuesday, April 21st. They issued an “outperform” rating and a $75.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Affirm presently has an average rating of “Moderate Buy” and a consensus target price of $86.20.

Get Our Latest Stock Report on AFRM

Affirm Trading Up 2.9%

AFRM traded up $2.07 during trading hours on Thursday, reaching $72.51. The company’s stock had a trading volume of 1,868,354 shares, compared to its average volume of 5,986,547. Affirm has a fifty-two week low of $42.10 and a fifty-two week high of $100.00. The company has a debt-to-equity ratio of 2.39, a current ratio of 11.32 and a quick ratio of 11.32. The stock has a market cap of $24.28 billion, a PE ratio of 66.15, a P/E/G ratio of 4.05 and a beta of 3.72. The business’s 50-day moving average is $57.46 and its 200-day moving average is $62.53.

Affirm (NASDAQ:AFRM – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.13. Affirm had a return on equity of 11.17% and a net margin of 9.63%.The company had revenue of $943.95 million for the quarter, compared to the consensus estimate of $995.27 million. During the same quarter in the previous year, the business earned $0.01 earnings per share. The company’s revenue for the quarter was up 32.7% on a year-over-year basis. As a group, equities research analysts predict that Affirm will post 1.23 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Noel Bertram Watson sold 2,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $65.00, for a total value of $130,000.00. Following the sale, the director owned 36,076 shares in the company, valued at approximately $2,344,940. This represents a 5.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 11.01% of the company’s stock.

Institutional Investors Weigh In On Affirm

A number of institutional investors have recently modified their holdings of the stock. Assetmark Inc. raised its stake in shares of Affirm by 111.3% in the 3rd quarter. Assetmark Inc. now owns 338 shares of the company’s stock valued at $25,000 after purchasing an additional 178 shares in the last quarter. Mount Vernon Associates Inc. MD increased its stake in shares of Affirm by 0.5% in the fourth quarter. Mount Vernon Associates Inc. MD now owns 42,925 shares of the company’s stock valued at $3,195,000 after purchasing an additional 200 shares during the period. Fifth Third Bancorp boosted its holdings in shares of Affirm by 63.6% in the fourth quarter. Fifth Third Bancorp now owns 522 shares of the company’s stock valued at $39,000 after acquiring an additional 203 shares in the last quarter. Rakuten Securities Inc. boosted its holdings in shares of Affirm by 1.3% in the fourth quarter. Rakuten Securities Inc. now owns 16,622 shares of the company’s stock valued at $1,237,000 after acquiring an additional 206 shares in the last quarter. Finally, UMB Bank n.a. boosted its holdings in shares of Affirm by 36.6% in the fourth quarter. UMB Bank n.a. now owns 783 shares of the company’s stock valued at $58,000 after acquiring an additional 210 shares in the last quarter. Institutional investors and hedge funds own 69.29% of the company’s stock.

About Affirm

(Get Free Report)

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.