A share price of SoFi Technologies Inc [SOFI] is currently trading at $11.42, up 4.67%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SOFI shares have gain 9.07% over the last week, with a monthly amount glided 38.09%, and seem to be holding up well over a long-time horizon.
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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.
SoFi Technologies Inc experienced fluctuations in its stock price throughout the past year between $6.01 and $11.50. Currently, Wall Street analysts expect the stock to reach $10.07 within the next 12 months. SoFi Technologies Inc [NASDAQ: SOFI] shares were valued at $11.42 at the most recent close of the market. An investor can expect a potential drop of -11.82% based on the average SOFI price forecast.
Analyzing the SOFI fundamentals
Trailing Twelve Months sales for SoFi Technologies Inc [NASDAQ:SOFI] were 3.63B which represents 30.79% growth. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.6.
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 11.06 points at the first support level, and at 10.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.66, and for the 2nd resistance point, it is at 11.91.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 3.35, the price to book ratio is 2.02 and price to earnings (TTM) ratio is 96.53.
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.
