Could this be the case of a blown-up long-term opportunity? SoFi Technologies Inc (SOFI)

SoFi Technologies Inc [SOFI] stock prices are up 3.88% to $16.88 at the moment. 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 8.41% over the last week, with a monthly amount glided 25.97%, 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 $16.88 at the most recent close of the market. An investor can expect a potential drop of -37.8% 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 16.37 points at the first support level, and at 15.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.21, and for the 2nd resistance point, it is at 17.55.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 5.16, the price to book ratio is 2.99 and price to earnings (TTM) ratio is 142.69.

Transactions by insiders

Recent insider trading involved Anthony Noto, Officer, that happened on Dec 16 ’24 when 2.0 million shares were purchased. EVP GBUL Borrow, Schuppenhauer Eric completed a deal on Dec 16 ’24 to buy 30600.0 shares. Meanwhile, Director Ruzwana Bashir sold 52000.0 shares on Dec 12 ’24.

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