Affirm (NASDAQ:AFRM) Stock Rating Raised to “Strong-Buy” at Zacks Research

Posted by Brenda Bartman on Oct 29th, 2026

Affirm (NASDAQ:AFRM – Get Free Report) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Tuesday, Zacks reports.

Several other brokerages have also recently commented on AFRM. Compass Point set a $100.00 price target on shares of Affirm in a research report on Friday, July 17th. Weiss Ratings upgraded shares of Affirm from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Friday, August 28th. Wolfe Research restated an “outperform” rating on shares of Affirm in a report on Friday, August 28th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $85.00 target price on shares of Affirm in a research report on Wednesday, September 16th. Finally, Dbs Bank upgraded Affirm to a “moderate buy” rating in a report on Wednesday, September 30th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $97.41.

Get Our Latest Stock Report on AFRM

Affirm Stock Performance

Shares of AFRM stock opened at $73.32 on Tuesday. Affirm has a 12 month low of $42.10 and a 12 month high of $90.44. The company’s fifty day simple moving average is $73.16 and its 200-day simple moving average is $66.64. The firm has a market cap of $24.74 billion, a PE ratio of 13.28, a P/E/G ratio of 2.81 and a beta of 3.82. The company has a quick ratio of 11.80, a current ratio of 11.80 and a debt-to-equity ratio of 1.82.

Affirm (NASDAQ:AFRM – Get Free Report) last announced its earnings results on Thursday, August 27th. The company reported $4.62 EPS for the quarter, topping the consensus estimate of $0.35 by $4.27. The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Affirm had a net margin of 45.29% and a return on equity of 47.91%. The firm’s revenue was up 33.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.20 earnings per share. Equities research analysts expect that Affirm will post 1.91 EPS for the current fiscal year.

Insider Activity

In related news, CAO Siphelele Jiyane sold 26,980 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were 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 directly owned 188,711 shares in the company, valued at approximately $13,623,047.09. This trade represents a 12.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Katherine Adkins sold 41,664 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $75.53, for a total transaction of $3,146,881.92. Following the completion of the sale, the insider owned 152,439 shares of the company’s stock, valued at $11,513,717.67. This trade represents a 21.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 280,118 shares of company stock valued at $22,223,307 in the last 90 days. 11.01% of the stock is owned by company insiders.

Institutional Trading of Affirm

Hedge funds have recently modified their holdings of the stock. Spyglass Capital Management LLC boosted its holdings in shares of Affirm by 15.2% during the first quarter. Spyglass Capital Management LLC now owns 1,662,325 shares of the company’s stock worth $76,168,000 after acquiring an additional 218,745 shares during the period. Allspring Global Investments Holdings LLC grew its position in shares of Affirm by 23.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,577,264 shares of the company’s stock valued at $71,829,000 after purchasing an additional 303,037 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Affirm by 11.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,574,660 shares of the company’s stock valued at $72,100,000 after purchasing an additional 166,252 shares during the last quarter. Bank of New York Mellon Corp bought a new position in shares of Affirm during the second quarter worth approximately $75,121,000. Finally, Swiss National Bank increased its stake in shares of Affirm by 8.8% during the first quarter. Swiss National Bank now owns 806,800 shares of the company’s stock worth $36,968,000 after purchasing an additional 65,000 shares during the period. 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 financial technology platform that provides consumers with flexible payment options at the point of sale. Its services allow shoppers to split eligible purchases into scheduled installments, with terms and costs disclosed before a transaction is completed.

Affirm’s platform is available through online and mobile checkout experiences, as well as through the Affirm app. Its product offerings include buy now, pay later financing, the Affirm Card, and savings products.