Wolfe Research Upgrades Affirm Holdings to Outperform from Peer Perform
On September 14, 2026, Wolfe Research upgraded their outlook for Affirm Holdings (NASDAQGS:AFRM) from Peer Perform to Outperform. This rating action occurred following a period where the company's stock closed at $71.44 on September 11, 2026. Over the preceding week, the stock experienced a price change of -1.26% from a baseline close of $72.35 on September 4, 2026. Looking at a one-month timeframe, the stock price changed by -6.86% from a baseline close of $76.70 on August 11, 2026.
Prior to this upgrade, Affirm Holdings reported its latest quarterly earnings on August 27, 2026. The company posted an actual EPS of 4.62, which was above the estimated EPS of 0.3504, representing an earnings surprise of +1,218.49%. The actual revenue for the period reached $1,165,960,000.00, compared to the estimated revenue of $1,128,495,360.00.
As of August 28, 2026, the current consensus target mean for Affirm Holdings stood at $93.12, with a median target of $91.80. This mean target represents an implied change of +30.35% from the market price. The prior consensus target mean was $92.17 as of August 4, 2026, showing a consensus target revision of +1.03%. Separately, the aggregate recommendation data as of September 1, 2026, showed a total of 41 recommendations, consisting of 9 strong buy, 22 buy, and 10 hold ratings. This distribution reflects 75.6% positive and 24.4% hold recommendations, which remained unchanged from the prior recommendation period as of August 1, 2026.
Other analyst firms have also recently updated their views on Affirm Holdings. On September 9, 2026, Loop Capital initiated coverage on the stock with a Buy rating. On September 3, 2026, Truist Securities maintained its Buy rating. Scotiabank initiated coverage with a Sector Outperform rating on September 2, 2026. Additionally, on August 31, 2026, Bernstein maintained its Outperform rating, Cantor Fitzgerald maintained its Overweight rating, and Goldman Sachs maintained its Buy rating.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| September 14, 2026 | Wolfe Research | Peer Perform | Outperform | upgrade |
| September 9, 2026 | Loop Capital | Buy | initiated coverage | |
| September 3, 2026 | Truist Securities | Buy | Buy | maintained |
| September 2, 2026 | Scotiabank | Sector Outperform | initiated coverage | |
| August 31, 2026 | Bernstein | Outperform | Outperform | maintained |
| August 31, 2026 | Cantor Fitzgerald | Overweight | Overweight | maintained |
| August 31, 2026 | Goldman Sachs | Buy | Buy | maintained |
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