AFRM News

Latest updates and analysis for Affirm Holdings, Inc.

R40 Coverage

Affirm Q2 FY2026 Earnings Preview: The BNPL Turnaround Story Wall Street Is Still Underpricing

Analysts expect $0.28 EPS but keep missing Affirm's turnaround — last two quarters beat by 80-130%. Holiday quarter could surprise again.

February 2026

Morgan Stanley Upgrades Affirm to Overweight

Upgraded from equal weight to overweight with $76 PT, citing compelling entry point amid growth and credit concerns.

Affirm Faces Sell Recommendation

High 30%+ interest rates and risky lending lead to sell amid political scrutiny.

Affirm Stock Rating Upgraded by Morgan Stanley

Upgrade to overweight with $76 PT; beat Q1 estimates but high valuation noted.

January 2026

Affirm Down 10.4% After Exclusive QuickBooks Integration Deal

Partnership strengthens distribution; high-touch BNPL to profitable infrastructure shift.

Up 481% In Last 3 Years, Can Affirm Stock Keep Climbing Through 2027?

Amazon extension and Q1 growth; evolving to consumer finance platform.