BTIG Retains Neutral Rating on Affirm Holdings (AFRM) Citing January 2026 Trust Data

Affirm Holdings Inc. (NASDAQ:AFRM) is among the 12 best stocks to buy and hold for the next 2 years.

On February 26, BTIG reiterated a Neutral rating on Affirm Holdings Inc. (NASDAQ:AFRM) based on the company’s January 2026 trust data. According to its report, BTIG said that Affirm’s credit trends appear mostly strong, with early-stage delinquencies at 30-59 days mostly flat to down month-over-month, while newer vintage curves are in line with older curves.

BTIG said early-stage delinquencies indicate whether Affirm Holdings Inc. (NASDAQ:AFRM) needs to adjust its underwriting posture. The analyst firm expects gross merchandise value (GMV) trends to continue their current trajectory, but does not anticipate Affirm Holdings Inc. (NASDAQ:AFRM) being able to loosen underwriting to drive more GMV growth. In addition, the firm expects slightly higher quarter-over-quarter reported net losses.

BTIG’s Neutral rating on Affirm Holdings Inc. (NASDAQ:AFRM) indicates a more cautious approach on the stock, in comparison to the February 20 report of Truist Financial, where analyst Matthew Coad maintained a Buy rating on the stock, with a price target of $71.

BTIG Retains Neutral Rating on Affirm Holdings (AFRM) Citing January 2026 Trust Data

We recently covered what analysts are saying about Affirm; you can read that update here.

Affirm Holdings Inc. (NASDAQ:AFRM) operates a platform for digital and mobile-first commerce, consisting of a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app.

While we acknowledge the potential of AFRM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AFRM and that has 100x upside potential, check out our report about this cheapest AI stock.

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