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Why Affirm Holdings (AFRM) Outpaced the Stock Market Today
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Affirm Holdings (AFRM - Free Report) closed at $73.85 in the latest trading session, marking a +1.44% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.28%. Elsewhere, the Dow gained 1.02%, while the tech-heavy Nasdaq lost 0.02%.
Prior to today's trading, shares of the operator of digital commerce platform had gained 2.46% outpaced the Computer and Technology sector's loss of 2.28% and the S&P 500's gain of 0.67%.
Market participants will be closely following the financial results of Affirm Holdings in its upcoming release. The company plans to announce its earnings on November 5, 2026. The company is forecasted to report an EPS of $0.35, showcasing a 52.17% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.21 billion, indicating a 30.03% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.91 per share and revenue of $5.51 billion. These totals would mark changes of -65.46% and +29.41%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Affirm Holdings. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.89% higher. Affirm Holdings is holding a Zacks Rank of #2 (Buy) right now.
Valuation is also important, so investors should note that Affirm Holdings has a Forward P/E ratio of 38.13 right now. For comparison, its industry has an average Forward P/E of 20.54, which means Affirm Holdings is trading at a premium to the group.
Also, we should mention that AFRM has a PEG ratio of 2.92. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Internet - Software stocks are, on average, holding a PEG ratio of 1.23 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 70, this industry ranks in the top 29% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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Why Affirm Holdings (AFRM) Outpaced the Stock Market Today
Affirm Holdings (AFRM - Free Report) closed at $73.85 in the latest trading session, marking a +1.44% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.28%. Elsewhere, the Dow gained 1.02%, while the tech-heavy Nasdaq lost 0.02%.
Prior to today's trading, shares of the operator of digital commerce platform had gained 2.46% outpaced the Computer and Technology sector's loss of 2.28% and the S&P 500's gain of 0.67%.
Market participants will be closely following the financial results of Affirm Holdings in its upcoming release. The company plans to announce its earnings on November 5, 2026. The company is forecasted to report an EPS of $0.35, showcasing a 52.17% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.21 billion, indicating a 30.03% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.91 per share and revenue of $5.51 billion. These totals would mark changes of -65.46% and +29.41%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Affirm Holdings. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.89% higher. Affirm Holdings is holding a Zacks Rank of #2 (Buy) right now.
Valuation is also important, so investors should note that Affirm Holdings has a Forward P/E ratio of 38.13 right now. For comparison, its industry has an average Forward P/E of 20.54, which means Affirm Holdings is trading at a premium to the group.
Also, we should mention that AFRM has a PEG ratio of 2.92. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Internet - Software stocks are, on average, holding a PEG ratio of 1.23 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 70, this industry ranks in the top 29% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.