SoFi Technologies Inc [SOFI] stock prices are up 1.72% to $13.63 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SOFI shares have gain 4.77% over the last week, with a monthly amount glided 38.10%, 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.
The stock price of SoFi Technologies Inc [SOFI] has been fluctuating between $6.01 and $14.44 over the past year. 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 $13.63 at the most recent close of the market. An investor can expect a potential drop of -26.12% based on the average SOFI price forecast.
Analyzing the SOFI fundamentals
The SoFi Technologies Inc [NASDAQ:SOFI] reported sales of 3.63B for trailing twelve months, representing a surge of 30.79%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.04 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.52.
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 13.24 points at the first support level, and at 12.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.86, and for the 2nd resistance point, it is at 14.08.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 4.15, the price to book ratio is 2.41 and price to earnings (TTM) ratio is 115.22.
Transactions by insiders
Recent insider trading involved Pinto Arun, Officer, that happened on Nov 15 ’24 when 23404.0 shares were purchased. EVP, GBUL, SIPS, Keough Kelli completed a deal on Oct 21 ’24 to sell 9308.0 shares. Meanwhile, EVP, GBUL, SIPS Keough Kelli sold 9308.0 shares on Sep 23 ’24.
