SoFi Technologies Inc (NASDAQ:SOFI) has a beta value of 1.87 and has seen 7.55 million shares traded in the recent trading session. The company, currently valued at $13.29B, closed the recent trade at $12.12 per share which meant it gained $0.21 on the day or 1.76% during that session. The SOFI stock price is -51.98% off its 52-week high price of $18.42 and 50.41% above the 52-week low of $6.01. If we look at the company’s 10-day average daily trading volume, we find that it stood at 49.19 million shares traded. The 3-month trading volume is 47.05 million shares.
The consensus among analysts is that SoFi Technologies Inc (SOFI) is Hold stock at the moment, with a recommendation rating of 2.95. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 7 out of 14 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.04.
SoFi Technologies Inc (NASDAQ:SOFI) trade information
Sporting 1.76% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SOFI stock price touched $12.12 or saw a rise of 4.57%. Year-to-date, SoFi Technologies Inc shares have moved -21.30%, while the 5-day performance has seen it change -7.27%. Over the past 30 days, the shares of SoFi Technologies Inc (NASDAQ:SOFI) have changed -7.41%. Short interest in the company has seen 138.77 million shares shorted with days to cover at 2.66.
Wall Street analysts have a consensus price target for the stock at $13, which means that the shares’ value could jump 6.77% from the levels at last check today. The projected low price target is $8.5 while the price target rests at a high of $14.0. In that case, then, we find that the latest price level in today’s session is -15.51% off the targeted high while a plunge would see the stock lose 29.87% from the levels at last check today.
SoFi Technologies Inc (SOFI) estimates and forecasts
The company’s shares have gained 54.20% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 22.64%.
8 analysts offering their estimates for the company have set an average revenue estimate of 741.52M for the current quarter. 8 have an estimated revenue figure of 796.51M for the next ending quarter. Year-ago sales stood 580.65M and 596.97M respectively for this quarter and the next, and analysts expect sales will grow by 27.71% for the current quarter and 22.64% for the next. Earnings growth for 2025 is a modest -34.94% while over the next 5 years, the company’s earnings are expected to increase by 25.98%.
SOFI Dividends
SoFi Technologies Inc is expected to release its next earnings report on 2025-Jan-26 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
SoFi Technologies Inc (NASDAQ:SOFI)’s Major holders
Insiders own 3.34% of the company shares, while shares held by institutions stand at 47.90% with a share float percentage of 49.56%. Investors are also buoyed by the number of investors in a company, with SoFi Technologies Inc having a total of 847.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 90.03 million shares worth more than $595.1 million. As of 2024-06-30, VANGUARD GROUP INC held 9.1623% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 45.46 million shares as of 2024-06-30. The firm’s total holdings are worth over $300.47 million and represent 4.2941% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund. As of Dec 31, 2024, the former fund manager holds about 2.95% shares in the company for having 32.38 shares of worth $392.12 million while later fund manager owns 26.26 shares of worth $317.96 million as of Dec 31, 2024, which makes it owner of about 2.39% of company’s outstanding stock.
