SoFi Technologies Inc (NASDAQ:SOFI)’s traded shares stood at 16.81 million during the latest session, with the company’s beta value hitting 1.86. At the last check today, the stock’s price was $10.84, to imply a decrease of -4.83% or -$0.55 in intraday trading. The SOFI share’s 52-week high remains $18.42, putting it -69.93% down since that peak but still an impressive 44.56% since price per share fell to its 52-week low of $6.01. The company has a valuation of $11.89B, with an average of 69.39 million shares in intraday trading volume over the past 10 days and average of 50.39 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 2.95. 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 -4.83% 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 1.87%, and -9.07% over 30 days. With these gigs, the year-to-date price performance is -29.61%. Short interest in SoFi Technologies Inc (NASDAQ:SOFI) saw shorts transact 138.77 million shares and set a 2.66 days time to cover.
The extremes give us $8.5 and $14 for target low and target high price respectively. As such, SOFI has been trading -29.15% off suggested target high and 21.59% from its likely low.
SoFi Technologies Inc (SOFI) estimates and forecasts
The rating firms project that company’s revenue will grow 21.80% compared to the previous financial year.
Revenue forecast for the current quarter as set by 7 analysts is 739.93M. Meanwhile, for the current quarter, a total of 8 analyst(s) estimate revenue growth to 794.91M.Earnings reports from the last fiscal year show that sales brought in 580.65M and 596.97M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 27.43% before jumping 33.16% in the following quarter.
SOFI Dividends
SoFi Technologies Inc has its next earnings report out on 2025-Jan-26. 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 3.34% of total outstanding shares, with institutional holders owning 47.90% of the shares at 49.55% float percentage. In total, 47.90% 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 4.2941% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $300.47 million.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund as the top two Mutual Funds with the largest holdings of the SoFi Technologies Inc (SOFI) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 32.38 shares. This is just over 2.95% of the total shares, with a market valuation of $345.81 million. Data from the same date shows that the other fund manager holds a little less at 26.26, or 2.39% of the shares, all valued at about 280.41 million.
