What is William Blair’s Forecast for Affirm Q2 Earnings?

Affirm Holdings, Inc. (NASDAQ:AFRM) – Stock analysts at William Blair issued their Q2 2025 EPS estimates for shares of Affirm in a research note issued to investors on Wednesday, January 15th. William Blair analyst A. Jeffrey forecasts that the company will post earnings of ($0.33) per share for the quarter. William Blair has a “Outperform” rating on the stock. The consensus estimate for Affirm’s current full-year earnings is ($0.53) per share. William Blair also issued estimates for Affirm’s Q3 2025 earnings at ($0.49) EPS, Q4 2025 earnings at $0.01 EPS, FY2025 earnings at ($1.12) EPS, Q1 2026 earnings at ($0.34) EPS, Q2 2026 earnings at ($0.11) EPS, Q3 2026 earnings at ($0.32) EPS, Q4 2026 earnings at $0.20 EPS, FY2026 earnings at ($0.57) EPS and FY2027 earnings at $0.22 EPS.

Other analysts have also recently issued reports about the company. Royal Bank of Canada restated a “sector perform” rating and issued a $46.00 target price on shares of Affirm in a report on Friday, October 4th. JMP Securities upgraded shares of Affirm from a “market perform” rating to an “outperform” rating and set a $78.00 price objective for the company in a research report on Friday, December 20th. Susquehanna raised their price objective on Affirm from $52.00 to $57.00 and gave the stock a “positive” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Affirm from $45.00 to $75.00 and gave the company a “hold” rating in a research report on Monday, December 16th. Finally, 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. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $61.88.

Affirm Price Performance

NASDAQ:AFRM opened at $58.00 on Friday. Affirm has a one year low of $22.25 and a one year high of $73.34. The stock has a market cap of $18.22 billion, a PE ratio of -40.84 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. The stock has a 50 day moving average price of $63.58 and a 200 day moving average price of $45.77.

Affirm (NASDAQ:AFRM) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.31) EPS for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.05. The company had revenue of $698.48 million during the quarter, compared to the consensus estimate of $661.39 million. Affirm had a negative net margin of 17.67% and a negative return on equity of 12.57%. During the same quarter in the prior year, the firm earned ($0.57) EPS.

Insiders Place Their Bets

In other news, President Libor Michalek sold 100,000 shares of Affirm stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $62.00, for a total transaction of $6,200,000.00. Following the sale, the president now owns 159,449 shares in the company, valued at approximately $9,885,838. The trade was a 38.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Michael Linford sold 400,000 shares of Affirm stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $68.99, for a total value of $27,596,000.00. Following the transaction, the chief operating officer now directly owns 85,420 shares in the company, valued at approximately $5,893,125.80. This trade represents a 82.40 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,323,478 shares of company stock valued at $86,285,371. 12.41% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Affirm

Institutional investors have recently modified their holdings of the business. Dragoneer Investment Group LLC purchased a new position in Affirm during the 2nd quarter worth $45,219,000. Artemis Investment Management LLP purchased a new stake in shares of Affirm in the third quarter valued at about $30,808,000. Holocene Advisors LP acquired a new stake in shares of Affirm during the third quarter worth about $27,872,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Affirm by 44.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,203,210 shares of the company’s stock worth $89,935,000 after buying an additional 672,883 shares during the last quarter. Finally, Bank of Montreal Can increased its position in Affirm by 269.7% in the 3rd quarter. Bank of Montreal Can now owns 724,336 shares of the company’s stock valued at $29,814,000 after acquiring an additional 528,400 shares during the period. 69.29% of the stock is owned by institutional investors and hedge funds.

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.