During the last session, SoFi Technologies Inc (NASDAQ:SOFI)’s traded shares were 12.53 million, with the beta value of the company hitting 1.68. At the end of the trading day, the stock’s price was $14.90, reflecting an intraday gain of 1.58% or $0.23. The 52-week high for the SOFI share is $14.89, that puts it up 0.07 from that peak though still a striking 59.66% gain since the share price plummeted to a 52-week low of $6.01. The company’s market capitalization is $16.17B, and the average intraday trading volume over the past 10 days was 58.76 million shares, and the average trade volume was 50.54 million shares over the past three months.

SoFi Technologies Inc (SOFI) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.79. SOFI has a Sell rating from 2 analyst(s) out of 14 analysts who have looked at this stock. 7 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it.

SoFi Technologies Inc (NASDAQ:SOFI) trade information

SoFi Technologies Inc (SOFI) registered a 1.58% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.58% in intraday trading to $14.90, hitting a weekly high. The stock’s 5-day price performance is 11.21%, and it has moved by 43.02% in 30 days. Based on these gigs, the overall price performance for the year is 121.76%. The short interest in SoFi Technologies Inc (NASDAQ:SOFI) is 162.31 million shares and it means that shorts have 2.87 day(s) to cover.

The consensus price target of analysts on Wall Street is $8.5, which implies a decrease of -75.29% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.5 and $22 respectively. As a result, SOFI is trading at a discount of -47.65% off the target high and 83.22% off the low.

SoFi Technologies Inc (SOFI) estimates and forecasts

Statistics show that SoFi Technologies Inc has outperformed its competitors in share price, compared to the industry in which it operates. SoFi Technologies Inc (SOFI) shares have gone up 118.19% during the last six months, with a year-to-date growth rate more than the industry average at 133.33% against 8.60.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 32.14%. While earnings are projected to return 133.28% in 2024.

SOFI Dividends

SoFi Technologies Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

SoFi Technologies Inc insiders own 3.20% of total outstanding shares while institutional holders control 46.62%, with the float percentage being 48.16%. VANGUARD GROUP INC is the largest shareholder of the company, while 764.0 institutions own stock in it. As of 2024-06-30, the company held over 90.03 million shares (or 9.1623% of all shares), a total value of $595.1 million in shares.

The next largest institutional holding, with 45.46 million shares, is of BLACKROCK INC.’s that is approximately 4.6262% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $300.47 million.

Also, the Mutual Funds coming in first place with the largest holdings of SoFi Technologies Inc (SOFI) shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. Data provided on Jun 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 30.37 shares. This amounts to just over 2.80 percent of the company’s overall shares, with a $447.69 million market value. The same data shows that the other fund manager holds slightly less at 23.93, or about 2.21% of the stock, which is worth about $352.75 million.