SoFi Technologies Inc (NASDAQ:SOFI)’s traded shares stood at 6.59 million during the latest session, with the company’s beta value hitting 1.70. At the last check today, the stock’s price was $7.70, to imply a decrease of -1.16% or -$0.09 in intraday trading. The SOFI share’s 52-week high remains $10.49, putting it -36.23% down since that peak but still an impressive 21.95% since price per share fell to its 52-week low of $6.01. The company has a valuation of $8.21B, with an average of 35.14 million shares in intraday trading volume over the past 10 days and average of 41.16 million shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for SoFi Technologies Inc (SOFI), translating to a mean rating of 2.94. Of 14 analyst(s) looking at the stock, 2 analyst(s) give SOFI a Sell rating. 0 of those analysts rate the stock as Overweight while 7 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.04.

SoFi Technologies Inc (NASDAQ:SOFI) trade information

After registering a -1.16% downside in the latest session, SoFi Technologies Inc (SOFI) has traded red over the past five days. The 5-day price performance for the stock is -0.77%, and 2.94% over 30 days. With these gigs, the year-to-date price performance is -22.61%. Short interest in SoFi Technologies Inc (NASDAQ:SOFI) saw shorts transact 186.59 million shares and set a 4.65 days time to cover.

The extremes give us $2.5 and $22 for target low and target high price respectively. As such, SOFI has been trading -185.71% off suggested target high and 67.53% from its likely low.

SoFi Technologies Inc (SOFI) estimates and forecasts

Looking at statistics comparing SoFi Technologies Inc share performance against respective industry, we note that the company has outperformed competitors. SoFi Technologies Inc (SOFI) shares are 5.34% up over the last 6 months, with its year-to-date growth rate higher than industry average at 127.78% against 8.20%. Revenue is forecast to grow 113.80% this quarter before jumping 50.00% for the next one. The rating firms project that company’s revenue will grow 18.10% compared to the previous financial year.

Revenue forecast for the current quarter as set by 10 analysts is 631.48M. Meanwhile, for the current quarter, a total of 9 analyst(s) estimate revenue growth to 640.36M.Earnings reports from the last fiscal year show that sales brought in 530.72M and 594.25M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 19.00% before jumping 7.80% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 32.14% for the past 5-year period. While 2024 is set for a 129.27% return in earnings, projections for the next 5 years are at 51.50% annually.

SOFI Dividends

SoFi Technologies Inc has its next earnings report out on 2024-Oct-29. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

SoFi Technologies Inc insiders hold 3.25% of total outstanding shares, with institutional holders owning 41.84% of the shares at 43.24% float percentage. In total, 41.84% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 90.03 million shares (or 9.1623% of shares), all amounting to roughly $595.1 million.

The next major institution holding the largest number of shares is BLACKROCK INC. with 45.46 million shares, or about 4.6262% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $300.47 million.