SoFi Technologies Inc (NASDAQ:SOFI) has a beta value of 1.92 and has seen 61.06 million shares traded in the last trading session. The company, currently valued at $23.17B, closed the last trade at $20.96 per share which meant it lost -$0.37 on the day or -1.73% during that session. The SOFI stock price is -4.29% off its 52-week high price of $21.86 and 71.33% 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 85.59 million shares traded. The 3-month trading volume is 68.29 million shares.
The consensus among analysts is that SoFi Technologies Inc (SOFI) is Hold stock at the moment, with a recommendation rating of 2.83. 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.
SoFi Technologies Inc (NASDAQ:SOFI) trade information
Sporting -1.73% in the red 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 $20.96 or saw a rise of 4.12%. Year-to-date, SoFi Technologies Inc shares have moved 209.60%, while the 5-day performance has seen it change 5.06%. Over the past 30 days, the shares of SoFi Technologies Inc (NASDAQ:SOFI) have changed 40.67%. Short interest in the company has seen 148.13 million shares shorted with days to cover at 2.4.
Wall Street analysts have a consensus price target for the stock at $10, which means that the shares’ value could drop -109.6% from current levels. The projected low price target is $2.5 while the price target rests at a high of $22.0. In that case, then, we find that the current price level is -4.96% off the targeted high while a plunge would see the stock lose 88.07% from current levels.
SoFi Technologies Inc (SOFI) estimates and forecasts
The company’s shares have gained 48.13% over the past 6 months.
Earnings growth for 2025 is a modest -28.81% while over the next 5 years, the company’s earnings are expected to increase by 20.76%.
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 47.57% 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 867.0 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.
