At the time of writing, SoFi Technologies Inc [SOFI] stock is trading at $16.60, up 3.62%. 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 8.92% over the last week, with a monthly amount glided 5.73%, 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:
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.
For the past year, the stock price of SoFi Technologies Inc fluctuated between $6.01 and $17.19. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. SoFi Technologies Inc [NASDAQ: SOFI] shares were valued at $16.60 at the most recent close of the market. An investor can expect a potential drop of -33.73% based on the average SOFI price forecast.
Analyzing the SOFI fundamentals
According to SoFi Technologies Inc [NASDAQ:SOFI], the company’s sales were 3.63B for trailing twelve months, which represents an 30.79% jump. 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 16.09 points at the first support level, and at 15.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.89, and for the 2nd resistance point, it is at 17.19.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 4.96, the price to book ratio is 2.94 and price to earnings (TTM) ratio is 140.32.
Transactions by insiders
Recent insider trading involved Keough Kelli, EVP, GBUL, SIPS, that happened on Dec 23 ’24 when 8914.0 shares were sold. Officer, Kelli Keough completed a deal on Dec 23 ’24 to buy 27013.0 shares. Meanwhile, Chief Technology Officer Rishel Jeremy sold 64991.0 shares on Dec 19 ’24.
