SoFi Technologies Inc (NASDAQ: SOFI) Surprises Bears, Looks Strong In The Long Term

In the last trading session, 33.51 million SoFi Technologies Inc (NASDAQ:SOFI) shares changed hands as the company’s beta touched 1.74. With the company’s per share price at $7.12 changed hands at -$0.21 or -2.86% during last session, the market valuation stood at $7.52B. SOFI’s last price was a discount, traded about -64.33% off its 52-week high of $11.70. The share price had its 52-week low at $4.45, which suggests the last value was 37.5% up since then. When we look at SoFi Technologies Inc’s average trading volume, we note the 3-month average coming to 55.92 million.

SoFi Technologies Inc (NASDAQ:SOFI) trade information

Instantly SOFI was in red as seen at the end of in last trading. With action -8.25%, the performance over the past five days has been red. The drop to weekly highs of 7.94 subtracted -2.86% to the stock’s daily price. The company’s shares are showing year-to-date downside of -28.44%, with the 5-day performance at -8.25% in the red. However, in the 30-day time frame, SoFi Technologies Inc (NASDAQ:SOFI) is 0.99% up.

SoFi Technologies Inc (SOFI) estimates and forecasts

Data shows that the SoFi Technologies Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -15.14% over the past 6 months, a 122.22% in annual growth rate that is considerably higher than the industry average of 17.30%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 32.14%. The 2024 estimates are for SoFi Technologies Inc earnings to increase by 122.35%.

SOFI Dividends

SoFi Technologies Inc is expected to release its next quarterly earnings report on April 29.