In last trading session, SoFi Technologies Inc (NASDAQ:SOFI) saw 35.45 million shares changing hands with its beta currently measuring 1.69. Company’s recent per share price level of $7.27 trading at $0.17 or 2.39% at ring of the bell on the day assigns it a market valuation of $7.69B. That closing price of SOFI’s stock is at a discount of -60.94% from its 52-week high price of $11.70 and is indicating a premium of 15.41% from its 52-week low price of $6.15. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 45.62 million shares which gives us an average trading volume of 39.63 million if we extend that period to 3-months.

For SoFi Technologies Inc (SOFI), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.89. Splitting up the data highlights that, out of 14 analysts covering the stock, 2 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 7 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

SoFi Technologies Inc (NASDAQ:SOFI) trade information

Upright in the green during last session for gaining 2.39%, in the last five days SOFI remained trading in the red while hitting it’s week-highest on Tuesday, 07/23/24 when the stock touched $7.27 price level, adding 5.09% to its value on the day. SoFi Technologies Inc’s shares saw a change of -26.93% in year-to-date performance and have moved -3.45% in past 5-day. SoFi Technologies Inc (NASDAQ:SOFI) showed a performance of 12.71% in past 30-days. Number of shares sold short was 184.98 million shares which calculate 5.97 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a rise of 9.13% to its current value. Analysts have been projecting 2.5 as a low price target for the stock while placing it at a high target of 22. It follows that stock’s current price would jump 65.61% in reaching the projected high whereas dropping to the targeted low would mean a gain of 65.61% for stock’s current value.

SoFi Technologies Inc (SOFI) estimates and forecasts

Statistics highlight that SoFi Technologies Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -3.84% of value to its shares in past 6 months, showing an annual growth rate of 122.22% while that of industry is 14.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 32.14% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 124.25% while estimates for its earnings growth in next 5 years are of 51.10%.

SOFI Dividends

SoFi Technologies Inc is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

SoFi Technologies Inc (NASDAQ:SOFI)’s Major holders

Insiders are in possession of 3.22% of company’s total shares while institution are holding 41.40 percent of that, with stock having share float percentage of 42.78%. Investors also watch the number of corporate investors in a company very closely, which is 41.40% institutions for SoFi Technologies Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at SOFI for having 82.83 million shares of worth $604.63 million. And as of 2024-03-31, it was holding 8.6036 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 41.8 million shares on 2024-03-31. The number of shares represents firm’s hold over 4.342 of outstanding shares, having a total worth of $305.14 million.