In today’s recent session, 25.72 million shares of the SoFi Technologies Inc (NASDAQ:SOFI) have been traded, and its beta is 1.74. Most recently the company’s share price was $7.67, and it changed around -$0.08 or -1.03% from the last close, which brings the market valuation of the company to $8.11B. SOFI at last check was trading at a discount to its 52-week high of $11.70, offering almost -52.54% off that amount. The share price’s 52-week low was $6.15, which indicates that the recent value has risen by an impressive 19.82% since then. We note from SoFi Technologies Inc’s average daily trading volume that its 3-month average coming to 38.98 million.
SoFi Technologies Inc stock received a consensus recommendation rating of Underweight, based on a mean score of 2.89. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended SOFI as a Hold, whereas 0 deemed it a Buy, and 2 rated it as Underweight. SoFi Technologies Inc is expected to report earnings per share of 0.0 for the current quarter.
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SoFi Technologies Inc (NASDAQ:SOFI) trade information
Instantly SOFI has been showing red trend so far today with a performance of -1.03% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently down -22.91% year-to-date, but still up 16.74% over the last five days. On the other hand, SoFi Technologies Inc (NASDAQ:SOFI) is 18.73% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $9.71, which translates to bulls needing to increase their stock price by 21.01% from its current value. Analyst projections state that SOFI is forecast to be at a low of $2.5 and a high of $22.
SoFi Technologies Inc (SOFI) estimates and forecasts
SoFi Technologies Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -0.65 percent over the past six months and at a 122.22% annual growth rate that is well above the industry average of 15.10%. The year-over-year growth rate is expected to be 16.10%, up from the previous year.
Consensus estimates provided by 12 financial analysts predict the company will bring in an average of 563.91M in revenue for the current quarter. 11 analysts expect SoFi Technologies Inc to make 607.15M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 488.81M and 530.72M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 15.40%. Forecasts for the next quarter put sales growth at 14.40%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 32.14%. SoFi Technologies Inc earnings are expected to increase by 124.07% in 2024, but the outlook is positive 51.10% per year for the next five years.
SOFI Dividends
SoFi Technologies Inc’s next quarterly earnings report is expected to be released in August.
