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Affirm Holdings (AFRM) Increases Despite Market Slip: Here's What You Need to Know
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In the latest close session, Affirm Holdings (AFRM - Free Report) was up +2.07% at $74.84. The stock's change was more than the S&P 500's daily loss of 0.31%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 1.38%.
The operator of digital commerce platform's stock has climbed by 5.91% in the past month, exceeding the Computer and Technology sector's loss of 3.14% and the S&P 500's gain of 0.87%.
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's upcoming EPS is projected at $0.35, signifying a 52.17% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $1.22 billion, up 30.32% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.89 per share and a revenue of $5.52 billion, representing changes of -65.82% and +29.65%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Affirm Holdings. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.73% upward. Affirm Holdings currently has a Zacks Rank of #3 (Hold).
Digging into valuation, Affirm Holdings currently has a Forward P/E ratio of 38.85. This expresses a premium compared to the average Forward P/E of 20.67 of its industry.
Meanwhile, AFRM's PEG ratio is currently 2.98. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Internet - Software industry held an average PEG ratio of 1.21.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 87, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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Affirm Holdings (AFRM) Increases Despite Market Slip: Here's What You Need to Know
In the latest close session, Affirm Holdings (AFRM - Free Report) was up +2.07% at $74.84. The stock's change was more than the S&P 500's daily loss of 0.31%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 1.38%.
The operator of digital commerce platform's stock has climbed by 5.91% in the past month, exceeding the Computer and Technology sector's loss of 3.14% and the S&P 500's gain of 0.87%.
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's upcoming EPS is projected at $0.35, signifying a 52.17% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $1.22 billion, up 30.32% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.89 per share and a revenue of $5.52 billion, representing changes of -65.82% and +29.65%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Affirm Holdings. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.73% upward. Affirm Holdings currently has a Zacks Rank of #3 (Hold).
Digging into valuation, Affirm Holdings currently has a Forward P/E ratio of 38.85. This expresses a premium compared to the average Forward P/E of 20.67 of its industry.
Meanwhile, AFRM's PEG ratio is currently 2.98. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Internet - Software industry held an average PEG ratio of 1.21.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 87, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.