While SoFi Technologies Inc has overperformed by 0.56%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SOFI rose by 111.37%, with highs and lows ranging from $18.42 to $6.01, whereas the simple moving average jumped by 65.91% in the last 200 days.
On January 15, 2025, William Blair started tracking SoFi Technologies Inc (NASDAQ: SOFI) recommending Outperform. A report published by Keefe Bruyette on January 02, 2025, Downgraded its rating to ‘Underperform’ for SOFI. BofA Securities also Downgraded SOFI shares as ‘Underperform’, setting a target price of $12 on the company’s shares in a report dated December 09, 2024. Citigroup initiated its ‘Buy’ rating for SOFI, as published in its report on April 08, 2024. Keefe Bruyette’s report from April 05, 2024 suggests a price prediction of $7.50 for SOFI shares, giving the stock a ‘Mkt Perform’ rating. Needham also rated the stock as ‘Buy’.
Analysis of SoFi Technologies Inc (SOFI)
Further, the quarter-over-quarter increase in sales is 15.72%, showing a positive trend in the upcoming months.
In order to gain a clear picture of SoFi Technologies Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 8.26% is sufficient for you to turn a profit off your investment.
An average volume of 52.04M can be a very valuable indicator of volatility for SOFI stock. On a monthly basis, the volatility of the stock is set at 4.99%, whereas on a weekly basis, it is put at 5.82%, with a loss of -9.66% over the past seven days. Furthermore, long-term investors anticipate a median target price of $14.17, showing decline from the present price of $16.17, 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?
The USA based company SoFi Technologies Inc (SOFI) is one of the biggest names in Credit Services. 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 43.51, there is a growth in quarterly earnings of 692.35%.
In addition to the fundamentals, you should also consider 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 43.38% 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 43.38% at present.
