SoFi Technologies Inc (NASDAQ:SOFI) has a beta value of 156.54% and has seen 62.08 shares traded in the last trading session. The company, currently valued at $16.80B, closed the last trade at $15.36 per share which meant it gained $1.27 on the day or 15.20% during that session. The SOFI stock price is -19.92% off its 52-week high price of $18.42 and 60.87% 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 72.79 million shares traded. The 3-month trading volume is 1.40 shares.
The consensus among analysts is that SoFi Technologies Inc (SOFI) is Hold stock at the moment, with a recommendation rating of 61.56. 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 0.06.
SoFi Technologies Inc (NASDAQ:SOFI) trade information
Sporting 15.20% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SOFI stock price touched $15.36 or saw a rise of 1.79%. Year-to-date, SoFi Technologies Inc shares have moved 135.29%, while the 5-day performance has seen it change 2.01%. Over the past 30 days, the shares of SoFi Technologies Inc (NASDAQ:SOFI) have changed 14.54%. Short interest in the company has seen 144.21 million shares shorted with days to cover at 2.44.
Wall Street analysts have a consensus price target for the stock at $14, which means that the shares’ value could drop -9.71% from current levels. The projected low price target is $14.0 while the price target rests at a high of $14.0. In that case, then, we find that the current price level is 8.85% off the targeted high while a plunge would see the stock lose 8.85% from current levels.
SoFi Technologies Inc (SOFI) estimates and forecasts
The company’s shares have lost -9.95% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 25.74%.
12 analysts offering their estimates for the company have set an average revenue estimate of 801.94M for the current quarter. 11 have an estimated revenue figure of 839.43M for the next ending quarter. Year-ago sales stood 596.97M and 689.45M respectively for this quarter and the next, and analysts expect sales will grow by 34.34% for the current quarter and 25.74% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was – – over the past 5 years. Earnings growth for 2025 is a modest -29.46% while over the next 5 years, the company’s earnings are expected to increase by 24.31%.
SOFI Dividends
SoFi Technologies Inc is expected to release its next earnings report on 2025-Apr-29 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 3.30% of the company shares, while shares held by institutions stand at 47.58% with a share float percentage of 49.20%. Investors are also buoyed by the number of investors in a company, with SoFi Technologies Inc having a total of 865.0 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 8.5047% 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.
