SoFi Technologies Inc [SOFI] stock prices are up 0.55% to $10.99 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The SOFI shares have gain 7.96% over the last week, with a monthly amount glided 41.62%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
On April 05, 2024, upgrade upgraded it’s rating to Mkt Perform and revised its price target to $7.50 on the stock. Needham started tracking the stock assigning a Buy rating and suggested a price target of $10 on April 03, 2024. Morgan Stanley downgraded its rating to a Underweight and reduced its price target to $6.50 on January 31, 2024. In a note dated January 03, 2024, Keefe Bruyette downgraded an Underperform rating on this stock and revised its target price from $7.50 to $6.50.
The stock price of SoFi Technologies Inc [SOFI] has been fluctuating between $6.01 and $11.30 over the past year. Currently, Wall Street analysts expect the stock to reach $9.88 within the next 12 months. SoFi Technologies Inc [NASDAQ: SOFI] shares were valued at $10.99 at the most recent close of the market. An investor can expect a potential drop of -10.1% based on the average SOFI price forecast.
Analyzing the SOFI fundamentals
The SoFi Technologies Inc [NASDAQ:SOFI] reported sales of 3.40B for trailing twelve months, representing a surge of 27.14%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.02 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.61.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.81 points at the first support level, and at 10.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.26, and for the 2nd resistance point, it is at 11.52.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 3.45, the price to book ratio is 1.98.
Transactions by insiders
Recent insider trading involved Keough Kelli, EVP, GBUL, SIPS, that happened on Oct 21 ’24 when 9308.0 shares were sold. EVP, GBUL, SIPS, Keough Kelli completed a deal on Sep 23 ’24 to sell 9308.0 shares. Meanwhile, Chief Technology Officer Rishel Jeremy sold 68081.0 shares on Sep 20 ’24.
