While SoFi Technologies Inc has underperformed by -2.41%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SOFI rose by 70.57%, with highs and lows ranging from $17.19 to $6.01, whereas the simple moving average jumped by 57.83% in the last 200 days.
On January 02, 2025, Keefe Bruyette Downgraded SoFi Technologies Inc (NASDAQ: SOFI) to Underperform. A report published by BofA Securities on December 09, 2024, Downgraded its rating to ‘Underperform’ for SOFI. Citigroup Initiated an Buy rating on April 08, 2024, and assigned a price target of $11. Keefe Bruyette April 05, 2024d its ‘Underperform’ rating to ‘Mkt Perform’ for SOFI, as published in its report on April 05, 2024. Needham’s report from April 03, 2024 suggests a price prediction of $10 for SOFI shares, giving the stock a ‘Buy’ rating. Morgan Stanley also rated the stock as ‘Underweight’.
Analysis of SoFi Technologies Inc (SOFI)
Further, the quarter-over-quarter increase in sales is 30.79%, showing a positive trend in the upcoming months.
To gain a thorough understanding of SoFi Technologies Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 3.73% is sufficient for you to turn a profit off your investment.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and SOFI is recording an average volume of 53.16M. On a monthly basis, the volatility of the stock is set at 5.58%, whereas on a weekly basis, it is put at 5.77%, with a loss of -5.52% over the past seven days. Furthermore, long-term investors anticipate a median target price of $12.34, showing decline from the present price of $14.55, which can serve as yet another indication of whether SOFI is worth investing in or should be passed over.
How Do You Analyze SoFi Technologies Inc Shares?
A leading company in the Credit Services sector, SoFi Technologies Inc (SOFI) is based in the USA. When comparing SoFi Technologies Inc shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 122.99, there is a growth in quarterly earnings of 118.07%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.08%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 43.60% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
SOFI shares are owned by institutional investors to the tune of 43.60% at present.
