In recent trading session, SoFi Technologies Inc (NASDAQ:SOFI) saw 13.23 million shares changing hands at last check today with its beta currently measuring 1.71. Company’s recent per share price level of $8.02 trading at $0.26 or 3.41% at last check today assigns it a market valuation of $8.55B. That most recent trading price of SOFI’s stock is at a discount of -30.8% from its 52-week high price of $10.49 and is indicating a premium of 25.06% from its 52-week low price of $6.01. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 43.0 million shares which gives us an average trading volume of 40.88 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 2.94. 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. The company is expected to be making an EPS of 0.04 in the current quarter.

SoFi Technologies Inc (NASDAQ:SOFI) trade information

Upright in the green today for gaining 3.41%, in the last five days SOFI remained trading in the red while hitting it’s week-highest on Monday, 09/23/24 when the stock touched $8.02 price level, adding 1.35% to its value on the day. SoFi Technologies Inc’s shares saw a change of -19.35% in year-to-date performance and have moved -0.31% in past 5-day. SoFi Technologies Inc (NASDAQ:SOFI) showed a performance of 7.14% in past 30-days. Number of shares sold short was 186.59 million shares which calculate 4.65 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a fall of -0.25% to its recent value today. 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 68.83% in reaching the projected high whereas dropping to the targeted low would mean a gain of 68.83% for stock’s current value.

SoFi Technologies Inc (SOFI) estimates and forecasts

This year revenue growth is estimated to rise 18.10% from the last financial year’s standing.

10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 631.48M for the same. And 9 analysts are in estimates of company making revenue of 640.36M in the next quarter. Company posted 530.72M and 594.25M of sales in current and next quarters respectively a year earlier.

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 129.27% while estimates for its earnings growth in next 5 years are of 51.50%.

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

Insiders are in possession of 3.25% of company’s total shares while institution are holding 42.24 percent of that, with stock having share float percentage of 43.66%. Investors also watch the number of corporate investors in a company very closely, which is 42.24% 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 90.03 million shares of worth $595.1 million. And as of 2024-06-30, it was holding 9.1623 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 45.46 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.6262 of outstanding shares, having a total worth of $300.47 million.