SoFi Technologies Inc (NASDAQ:SOFI) Is 49.07% Above Its 52-Week Low, But How Long Can It Continue?

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In recent trading session, SoFi Technologies Inc (NASDAQ:SOFI) saw 8.36 million shares changing hands at last check today with its beta currently measuring 1.87. Company’s recent per share price level of $11.80 trading at $0.41 or 3.60% at last check today assigns it a market valuation of $12.94B. That most recent trading price of SOFI’s stock is at a discount of -56.1% from its 52-week high price of $18.42 and is indicating a premium of 49.07% 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 53.81 million shares which gives us an average trading volume of 46.09 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. 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 3.60%, in the last five days SOFI remained trading in the red while hitting it’s week-highest on Monday, 03/10/25 when the stock touched $11.80 price level, adding 3.04% to its value on the day. SoFi Technologies Inc’s shares saw a change of -23.38% in year-to-date performance and have moved -6.27% in past 5-day. SoFi Technologies Inc (NASDAQ:SOFI) showed a performance of -20.11% in past 30-days. Number of shares sold short was 131.89 million shares which calculate 3.06 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 13 to the stock, which implies a rise of 9.23% to its recent value today. Analysts have been projecting 8.5 as a low price target for the stock while placing it at a high target of 14. It follows that stock’s current price would jump 27.97% in reaching the projected high whereas dropping to the targeted low would mean a gain of 27.97% for stock’s current value.

SoFi Technologies Inc (SOFI) estimates and forecasts

This year revenue growth is estimated to rise 22.47% from the last financial year’s standing.

8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 740.06M for the same. And 8 analysts are in estimates of company making revenue of 797.26M in the next quarter. Company posted 580.65M and 596.97M of sales in current and next quarters respectively a year earlier. In 2025, company’s earnings growth rate is likely to be around -34.43% while estimates for its earnings growth in next 5 years are of 26.64%.

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

Insiders are in possession of 3.31% of company’s total shares while institution are holding 47.93 percent of that, with stock having share float percentage of 49.58%. Investors also watch the number of corporate investors in a company very closely, which is 47.93% 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.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024, the former fund manager was holding 32.38 shares of worth $384.03 million or 2.95% of the total outstanding shares. The later fund manager was in possession of 26.26 shares on Dec 31, 2024, making its stake of worth around $311.4 million in the company or a holder of 2.39% of company’s stock.