B+
Bull case
30%
Probability
Target price
$82.00
Analysis reference price unavailable
Analysis 2026-05-09 · RankAlpha Sentiment Codex
AFRM
AffirmCNasdaq / Financial Services
Last Price
Quote time unavailable
Current thesis
Primary company evidence supports a still-constructive earnings read: strong GMV, RLTC, and operating margin expansion, plus raised Q4 and FY26 outlook. The checked secondary earnings coverage also framed the quarter as a beat versus consensus, which aligns with the positive deterministic prior.
Posture
Mixed
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta +2.3.
What can break
30+ day delinquencies excluding Peloton and Pay in X increased 29 basis points year over year to 2.8%, while allowance for credit losses rose to 6.0% of loans held for investment [#8-K-2026-05-07].
Momentum
33
Value
58
Sentiment
66
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $72.00 · Bull $82.00 · Bear $56.00Analysis 2026-05-09; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-27 • Vendor: Data Vendor v1
Scores
As of 2026-09-09 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-09 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-09
Investment thesis
As of 2026-09-09
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $100.16
Why
Momentum33 · Δ7d -1.9
Value58 · Δ7d +0.7
Sentiment66 · Δ7d +2.3
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Confirming evidence
- • Sentiment remains the lead driver in the composite, 7D delta +2.3.
Contradictions & invalidation
- • 30+ day delinquencies excluding Peloton and Pay in X increased 29 basis points year over year to 2.8%, while allowance for credit losses rose to 6.0% of loans held for investment [#8-K-2026-05-07].
- • An enterprise merchant's shift of pay-later volume to its own wallet solution substantially completed in FQ1'26, showing that partner concentration and surface ownership remain structural risks even as concentration improves [#8-K-2026-05-07].
- • The immediate market reaction stayed skeptical despite the beat-and-raise.
Catalyst clock
2026-05-12
May 12, 2026 Investor Forum could reset the post-earnings narrative
Lead driver: Sentiment · See AI snapshot
Momentum
33
9% active weight
Current posture
7d trendImproving
Δ7d
-1.9
Δ21d
-12.9
Value
58
28% active weight
Current posture
7d trendFlat
Δ7d
+0.7
Δ21d
+18.9
Sentiment
66
62% active weight
Current posture
7d trendImproving
Δ7d
+2.3
Δ21d
+4.6
Why this grade
Composite grade C. Momentum 33.5 / Value 57.6 / Sentiment 66.0
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-05-09. Scenario method
Most likely
B
Base case
45%
Probability
Target price
$72.00
Analysis reference price unavailable
Analysis 2026-05-09 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$56.00
Analysis reference price unavailable
Analysis 2026-05-09 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-08-27
Fundamentals (TTM)
As of 2026-08-27
Market Cap
$24.96B
Beta
3.57
Shares Out
334.9M
P/E (TTM)
125.1
P/S (TTM)
7.71
P/FCF (TTM)
34.67
Rev YoY
+33.7%
EPS YoY
+3549.4%
Gross Margin
+76.5%
Op Margin
+21.0%
Net Debt
$5.23B
Current Ratio
15.31
As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data