Affirm (NASDAQ:AFRM) Upgraded at Dbs Bank

Posted by Geri Gentry on Oct 3rd, 2026

Dbs Bank upgraded shares of Affirm (NASDAQ:AFRM – Free Report) to a moderate buy rating in a research note released on Wednesday morning,Zacks reports.

A number of other brokerages have also commented on AFRM. Compass Point set a $100.00 price target on Affirm in a research note on Friday, July 17th. Cantor Fitzgerald upped their price objective on Affirm from $88.00 to $97.00 and gave the company an “overweight” rating in a research note on Monday, August 31st. Sanford C. Bernstein raised their price objective on shares of Affirm from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Monday, August 31st. JPMorgan Chase & Co. lifted their target price on shares of Affirm from $90.00 to $105.00 and gave the stock an “overweight” rating in a research report on Friday, August 28th. Finally, TD Cowen boosted their target price on shares of Affirm from $117.00 to $124.00 and gave the stock a “buy” rating in a report on Friday, August 28th. Twenty-five equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, Affirm presently has an average rating of “Moderate Buy” and a consensus price target of $98.78.

Get Our Latest Stock Report on Affirm

Affirm Stock Up 0.5%

Shares of AFRM opened at $70.77 on Wednesday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 11.80 and a current ratio of 11.80. Affirm has a 52 week low of $42.10 and a 52 week high of $90.44. The stock has a market capitalization of $23.88 billion, a price-to-earnings ratio of 12.82, a PEG ratio of 2.88 and a beta of 3.82. The stock has a fifty day moving average of $73.35 and a 200-day moving average of $68.18.

Affirm (NASDAQ:AFRM – Get Free Report) last issued its quarterly earnings data on Thursday, August 27th. The company reported $4.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $4.27. Affirm had a return on equity of 47.91% and a net margin of 45.29%.The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same quarter in the previous year, the company posted $0.20 EPS. Affirm’s quarterly revenue was up 33.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Affirm will post 1.87 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Affirm news, CAO Siphelele Jiyane sold 26,980 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $72.19, for a total value of $1,947,686.20. Following the completion of the sale, the chief accounting officer owned 188,711 shares of the company’s stock, valued at approximately $13,623,047.09. This trade represents a 12.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Katherine Adkins sold 41,664 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $75.53, for a total value of $3,146,881.92. Following the sale, the insider owned 152,439 shares of the company’s stock, valued at approximately $11,513,717.67. This represents a 21.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 214,527 shares of company stock worth $16,974,716. Corporate insiders own 11.01% of the company’s stock.

Institutional Trading of Affirm

Hedge funds have recently bought and sold shares of the business. QRG Capital Management Inc. lifted its stake in shares of Affirm by 11.8% in the second quarter. QRG Capital Management Inc. now owns 10,829 shares of the company’s stock valued at $883,000 after buying an additional 1,145 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Affirm in the 2nd quarter worth about $307,000. Tidal Investments LLC acquired a new stake in shares of Affirm in the 2nd quarter worth about $1,097,000. RFG Advisory LLC raised its holdings in shares of Affirm by 14.4% in the 2nd quarter. RFG Advisory LLC now owns 21,931 shares of the company’s stock worth $1,788,000 after acquiring an additional 2,760 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its position in Affirm by 8.4% in the 2nd quarter. NewEdge Advisors LLC now owns 31,612 shares of the company’s stock valued at $2,578,000 after acquiring an additional 2,452 shares in the last quarter. Institutional investors and hedge funds own 69.29% of the company’s stock.

Affirm Company Profile

(Get Free Report)

Affirm Holdings, Inc (NASDAQ: AFRM) operates a digital commerce and financial services platform that enables consumers to pay for purchases over time. Its point-of-sale financing products allow eligible customers to use installment loans, including both short-term and longer-duration payment options, with terms and costs disclosed before purchase.

Affirm’s services are offered through its merchant partners’ online and in-store checkout experiences, as well as through the Affirm app and website.