Affirm (AFRM) to Release Earnings on Thursday

Affirm (NASDAQ:AFRM) is expected to announce its earnings results after the market closes on Thursday, February 6th. Analysts expect the company to announce earnings of ($0.21) per share and revenue of $799.56 million for the quarter. Affirm has set its Q2 2025 guidance at EPS.Parties interested in registering for the company’s conference call can do so using this link.

Affirm (NASDAQ:AFRM) last issued its earnings results on Thursday, November 7th. The company reported ($0.31) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.05. Affirm had a negative return on equity of 12.57% and a negative net margin of 17.67%. The company had revenue of $698.48 million for the quarter, compared to analysts’ expectations of $661.39 million. During the same period last year, the business earned ($0.57) EPS. On average, analysts expect Affirm to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Affirm Stock Performance

AFRM opened at $59.53 on Wednesday. The company has a market cap of $18.70 billion, a price-to-earnings ratio of -41.92 and a beta of 3.66. The company’s fifty day moving average price is $63.23 and its two-hundred day moving average price is $48.67. Affirm has a 1-year low of $22.25 and a 1-year high of $73.34. The company has a current ratio of 12.60, a quick ratio of 12.60 and a debt-to-equity ratio of 2.50.

Insider Transactions at Affirm

In other Affirm news, insider Katherine Adkins sold 200,000 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $55.05, for a total transaction of $11,010,000.00. Following the completion of the sale, the insider now directly owns 93,545 shares in the company, valued at $5,149,652.25. The trade was a 68.13 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Keith Rabois sold 16,086 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $60.12, for a total transaction of $967,090.32. Following the completion of the transaction, the director now owns 77,608 shares in the company, valued at $4,665,792.96. The trade was a 17.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,339,564 shares of company stock valued at $87,252,461 in the last ninety days. 12.41% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

AFRM has been the topic of several analyst reports. Jefferies Financial Group upgraded shares of Affirm from a “hold” rating to a “buy” rating and boosted their price target for the stock from $70.00 to $82.00 in a report on Thursday, December 19th. Susquehanna downgraded 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. JPMorgan Chase & Co. increased their price objective on Affirm from $56.00 to $74.00 and gave the stock an “overweight” rating in a report on Monday, December 2nd. JMP Securities raised Affirm from a “market perform” rating to an “outperform” rating and set a $78.00 price objective for the company in a research note on Friday, December 20th. Finally, Wedbush upgraded shares of Affirm from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $25.00 to $45.00 in a research report on Monday, October 14th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $62.88.

About Affirm

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.