While SoFi Technologies Inc has overperformed by 3.06%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SOFI rose by 77.48%, with highs and lows ranging from $17.19 to $6.01, whereas the simple moving average jumped by 55.54% 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.
SoFi Technologies Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. 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.
For any stock, average volume can be an extremely valuable indicator of volatility, and SOFI is registering an average volume of 52.92M. On a monthly basis, the volatility of the stock is set at 5.32%, whereas on a weekly basis, it is put at 4.23%, with a loss of -5.17% over the past seven days. Furthermore, long-term investors anticipate a median target price of $12.69, showing decline from the present price of $14.50, 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 giant in the Credit Services market, 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 122.57, there is a growth in quarterly earnings of 118.07%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. 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.
