In the last trading session, 71.74 million shares of the SoFi Technologies Inc (NASDAQ:SOFI) were traded, and its beta was 1.83. Most recently the company’s share price was $14.43, and it changed around -$0.47 or -3.15% from the last close, which brings the market valuation of the company to $15.95B. SOFI currently trades at a discount to its 52-week high of $18.42, offering almost -27.65% off that amount. The share price’s 52-week low was $6.01, which indicates that the current value has risen by an impressive 58.35% since then. We note from SoFi Technologies Inc’s average daily trading volume that its 10-day average is 68.07 million shares, with the 3-month average coming to 60.91 million.
SoFi Technologies Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.73. If we narrow it down even further, the data shows that 2 out of 21 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 9 recommended SOFI as a Hold, whereas 5 deemed it a Buy, and 2 rated it as Underweight.
SoFi Technologies Inc (NASDAQ:SOFI) trade information
Instantly SOFI has showed a red trend with a performance of -3.15% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 15.20 on recent trading dayincreased the stock’s daily price by 5.07%. The company’s shares are currently down -6.30% year-to-date, but still up 0.28% over the last five days. On the other hand, SoFi Technologies Inc (NASDAQ:SOFI) is 3.66% up in the 30-day period. We can see from the shorts that 144.21 million shares have been sold at a short interest cover period of 2.44 day(s).
The consensus price target as assigned by Wall Street analysts is $13.5, which translates to bulls needing to decrease their stock price by -6.89% from its current value. Analyst projections state that SOFI is forecast to be at a low of $13 and a high of $14.
SoFi Technologies Inc earnings are expected to increase by -29.46% in 2025, but the outlook is positive 24.31% per year for the next five years.
SOFI Dividends
SoFi Technologies Inc’s next quarterly earnings report is expected to be released on 2025-Apr-28.
SoFi Technologies Inc (NASDAQ:SOFI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 3.29% of SoFi Technologies Inc shares, and 47.58% of them are in the hands of institutional investors. The stock currently has a share float of 49.20%. SoFi Technologies Inc stock is held by 865.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 8.5047% of the shares, which is about 90.03 million shares worth $595.1 million.
BLACKROCK INC., with 4.2941% or 45.46 million shares worth $300.47 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
