Affirm (AFRM) has garnered significant attention, and a review of Fintel's data reveals several key insights into its institutional ownership, short interest, and analyst sentiment.
Institutional Ownership Trends
Affirm shows robust institutional interest, with 895 institutional owners recorded, an increase of 4.30% quarter-over-quarter. These institutions collectively hold 277,982,552 shares, representing 98.64% of the float (excluding 13D/G filings), which is a 2.62% increase in shares held over the last quarter.1 Prominent institutional holders include Vanguard Group Inc, Capital Research Global Investors, and BlackRock, Inc.1 This accumulation by institutional investors is often a positive indicator, reflected in the stock's substantial price appreciation of over 220% between August 2024 and August 2025.1
Short Interest Landscape
While institutional ownership is strong, Affirm also exhibits a notable level of short interest. The latest data indicates 14,966,759 shares held short, which translates to 5.58% of the float.2 The short interest ratio stands at 2.57 days to cover, suggesting it would take approximately 2.57 trading days for short sellers to cover their positions based on average daily trading volume.2 Furthermore, off-exchange short volume accounts for 44.22% of total short volume, indicating significant dark pool activity.2
Analyst Sentiment and Price Targets
Analyst sentiment for Affirm is generally positive, with an average one-year price target of $74.06, ranging from a low of $56.56 to a high of $94.50.3 Recent analyst actions in mid-2025 included Oppenheimer initiating coverage with an Outperform rating, though BTIG downgraded the stock from Buy to Neutral around the same period.4 The company is projected to see significant earnings per share growth, with an estimated quarterly EPS of $0.38 by June 30, 2027, representing a 4,320.94% increase.3
