SoFi Technologies Inc [SOFI] stock prices are down -0.25% to $15.90 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SOFI shares have gain 1.60% over the last week, with a monthly amount glided 15.05%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
SoFi Technologies Inc [NASDAQ: SOFI] stock has seen the most recent analyst activity on December 09, 2024, when BofA Securities downgraded its rating to a Underperform but kept the price target unchanged to $12 for it. Keefe Bruyette upgraded its rating to a Mkt Perform and increased its price target to $7.50 on April 05, 2024. Needham initiated its recommendation with a Buy and recommended $10 as its price target on April 03, 2024. Morgan Stanley downgraded its rating to Underweight for this stock on January 31, 2024, and downed its price target to $6.50. In a note dated January 10, 2024, Deutsche Bank initiated an Hold rating.
The stock price of SoFi Technologies Inc [SOFI] has been fluctuating between $6.01 and $16.61 over the past year. Currently, Wall Street analysts expect the stock to reach $10.5 within the next 12 months. SoFi Technologies Inc [NASDAQ: SOFI] shares were valued at $15.90 at the most recent close of the market. An investor can expect a potential drop of -33.96% 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%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.04 and Total Capital is 0.0. 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 15.59 points at the first support level, and at 15.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.34, and for the 2nd resistance point, it is at 16.79.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 4.75, the price to book ratio is 2.82 and price to earnings (TTM) ratio is 134.40.
Transactions by insiders
Recent insider trading involved Ruzwana Bashir, Director, that happened on Dec 12 ’24 when 52000.0 shares were purchased. Director, SLTA IV (GP), L.L.C. completed a deal on Dec 04 ’24 to sell 24.11 million shares. Meanwhile, Director SLTA IV (GP), L.L.C. sold 5.29 million shares on Dec 03 ’24.