Is Sofi technologies (Sofi) stock a good buy?
According to the issued ratings of 12 analysts in the last year, the consensus rating for SoFi Technologies stock is Buy based on the current 5 hold ratings and 7 buy ratings for SOFI. The average twelve-month price target for SoFi Technologies is $18.29 with a high price target of $26.00 and a low price target of $12.00.
When is Sofi technologies going to release its next quarterly earnings?
SoFi Technologies is scheduled to release its next quarterly earnings announcement on Thursday, August 12th 2021. View our earnings forecast for SoFi Technologies . What price target have analysts set for SOFI?
What is the SoFi stock price prediction for 2027-01-19?
SoFi Technologies Inc. Common Stock quote is equal to 13.890 USD at 2022-01-23. Based on our forecasts, a long-term increase is expected, the "SOFI" stock price prognosis for 2027-01-19 is 16.594 USD. With a 5-year investment, the revenue is expected to be around +19.46%.
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Is SoFi a Buy Sell or Hold?
SoFi Technologies has received a consensus rating of Buy. The company's average rating score is 2.62, and is based on 8 buy ratings, 5 hold ratings, and no sell ratings.
Is SoFi a good investment?
An alluring valuation In October 2021, SoFi was trading at 7.2 times sales. Today, the company pegs a price-to-sales multiple of 5.4. Fundamentally speaking, the slump in valuation is staggering considering SoFi's 63% growth in 2021 and projected expansion above 50% in the upcoming year.
Is SoFi stock a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
Why is SoFi falling today?
SoFi Stock Is Falling After Student Loan Moratorium Is Extended.
Is SoFi good long term?
SOFI Stock Provides High-Upside Long-Term Growth That's not necessarily because of the numbers (its loss was in line with estimates, while revenue was well ahead of estimates). Rather, the issue was the company's forecast for Q2 growth, which came in below the analyst consensus.
Is SoFi going to go back up?
Steer Clear of SOFI Stock Not a lot is going right for SoFi Technologies. That it's considering a reverse stock split 18 months after going public is a very bad sign. The early earnings release was embarrassing and an indication that all is not right internally at the company.
Is Sofi a debt?
The $151 million in debt includes a $60 million line of credit from Morgan Stanley, and a $41 million line of credit from Bancorp. As of September 2013, SoFi had funded $200 million in loans to 2500 borrowers at the company's 100 eligible schools.
Is Sofi small cap?
ETF.com Insight SOFI has around 24.5M shares in the U.S. ETF market. The largest ETF holder of SOFI is the Vanguard Small-Cap ETF (VB), with approximately 5.12M shares.
Is NIO a buy or sell?
NIO has received a consensus rating of Buy. The company's average rating score is 2.93, and is based on 13 buy ratings, 1 hold rating, and no sell ratings.
Is SoFi overvalued?
Shares of Robinhood Markets (HOOD), SoFi Technologies (SOFI), and PagSeguro Digital (PAGS) look overvalued at their current price levels. So, we think it could be wise to avoid them now.
Does SoFi pay dividends?
SoFi Technologies (SOFI) does not pay a dividend.
What is the short interest of SoFi?
SoFi Technologies currently has a short interest ratio of 3.0.
Can you make money with SoFi?
SoFi Invest: They offer a $0 account minimum and $0 trading commissions except on cryptocurrency transactions; SoFi earns income from share lending to other financial institutions whose clients want to short the market or cover their short positions, and also receives rebates from market makers for order flow services.
Which is better SoFi or Robinhood?
After testing 15 of the best online brokers over six months, Robinhood (64.85%) is better than SoFi Invest (60.31%). Robinhood is very easy to use; however, now that all online brokers offer $0 stock and ETF trades, Robinhood's lack of trading tools and research leaves it a step behind the competition.
Is SoFi profitable?
The market expects SoFi to make around US$300m profit in 2024. Analysts are forecasting profits of US$136m in 2024, but the risk-return requirements of marginal investors are increasing the demand for higher profits sooner than before.
Is SoFi auto investing legit?
SoFi Automated Investing is one of the best robo-advisors for low costs. The company charges no management fee and has no account minimum -- investors can put their money to work with as little as $5. The underlying investment funds may come with their own fees.
Should I buy or sell SoFi Technologies stock right now?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SoFi Technologies in the last year. There are currently 5 hold ratings an...
What is SoFi Technologies' stock price forecast for 2022?
12 Wall Street analysts have issued 12 month price objectives for SoFi Technologies' shares. Their forecasts range from $7.00 to $26.00. On average...
How has SoFi Technologies' stock price performed in 2022?
SoFi Technologies' stock was trading at $15.81 at the beginning of the year. Since then, SOFI shares have decreased by 62.4% and is now trading at...
When is SoFi Technologies' next earnings date?
SoFi Technologies is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022. View our earnings forecast for S...
How were SoFi Technologies' earnings last quarter?
SoFi Technologies, Inc. (NASDAQ:SOFI) issued its quarterly earnings data on Tuesday, May, 10th. The company reported ($0.14) EPS for the quarter, m...
What guidance has SoFi Technologies issued on next quarter's earnings?
SoFi Technologies updated its second quarter 2022 earnings guidance on Tuesday, June, 7th. The company provided EPS guidance of for the period. The...
Who are SoFi Technologies' key executives?
SoFi Technologies' management team includes the following people: Mr. George Thompson Hutton , Independent Non Exec. Chairman (Age 66, Pay $82.5...
Who are some of SoFi Technologies' key competitors?
Some companies that are related to SoFi Technologies include NU (NU) , Synchrony Financial (SYF) , Coinbase Global (COIN) , Lufax (LU) , Hargr...
What is SoFi Technologies' stock symbol?
SoFi Technologies trades on the NASDAQ under the ticker symbol "SOFI."
What is SoFi Technologies's consensus rating and price target?
According to the issued ratings of 13 analysts in the last year, the consensus rating for SoFi Technologies stock is Buy based on the current 5 hol...
Do Wall Street analysts like SoFi Technologies more than its competitors?
Analysts like SoFi Technologies stock less than the stock of other Business Services companies. The consensus rating score for SoFi Technologies is...
Do MarketBeat users like SoFi Technologies more than its competitors?
MarketBeat users like SoFi Technologies stock less than the stock of other Business Services companies. 52.63% of MarketBeat users gave SoFi Techno...
Is SoFi Technologies being upgraded or downgraded by Wall Street analysts?
Over the previous 90 days, SoFi Technologies's stock had 1 upgrade and 1 downgrade by analysts.
Does SoFi Technologies's stock price have much upside?
According to analysts, SoFi Technologies's stock has a predicted upside of 27.48% based on their 12-month price targets.
What analysts cover SoFi Technologies?
SoFi Technologies has been rated by Bank of America , Citigroup , Credit Suisse Group , Mizuho , Moffett Nathanson , Morgan Stanley , Oppenh...
Is SoFi Technologies a negative stock?
The SoFi Technologies, Inc. stock holds several negative signals and despite the positive trend, we believe SoFi Technologies, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Is SoFi Technologies, Inc. stock A Buy?
SoFi Technologies, Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.
When did SOFI start?
This Is What You Need to Know. At long last, on June 1, 2021, fintech stock SoFi Technologies (SOFI) made its debut on the Nasdaq as an independent company following its SPAC merger with blank check company Social Capital Hedosophia.
When did SOFI merge with SPAC?
After an inauspicious start to life on the public markets via a SPAC merger on June 1 , SoFi Technologies (SOFI) stock has made some powerful forward strides this week. The fintech player is one of many trying to make its mark in the disruptive banking field, where big names are already staking out their territory.
Is lock up expiration bad for investors?
Lock-up expirations are traditionally bad news for investors. This is the moment when the early comers, generally large shareholders, are finally allowed to offload shares on the market. The fear is the market will be saturated with an overflow of shares which will drive the price down.
Is SoFi a tech company?
A hot consumer tech stock, SoFi Technologies (NASDAQ:SOFI) stock is making impressive moves in the industry. Source: rafapress / Shutterstock.com The company has an early-mover advantage and is here to take fintech to a whole new level. It helps people achieve financial independence while managing their money with ease. SoFi is one of the unique players in the industry that is constantly innovating and building products around the consumer’s demands. SOFI stock is up more than 85% over a year an
SoFi Technologies (NASDAQ:SOFI) Price Target and Consensus Rating
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy).
Analyst Price Target Consensus
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Analyst Ratings By Month
The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Average Share Price and Price Target by Month
The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target.
SoFi Technologies (NASDAQ:SOFI) Analyst Ratings Frequently Asked Questions
According to the issued ratings of 11 analysts in the last year, the consensus rating for SoFi Technologies stock is Buy based on the current 3 hold ratings and 8 buy ratings for SOFI. The average twelve-month price target for SoFi Technologies is $19.64 with a high price target of $26.00 and a low price target of $16.00.
Stock Price Forecast
The 11 analysts offering 12-month price forecasts for SoFi Technologies Inc have a median target of 18.00, with a high estimate of 25.00 and a low estimate of 16.00. The median estimate represents a +58.03% increase from the last price of 11.39.
Analyst Recommendations
The current consensus among 12 polled investment analysts is to Buy stock in SoFi Technologies Inc. This rating has held steady since February, when it was unchanged from a Buy rating. Move your mouse over past months for detail
SOFI earnings per share forecast
What is SOFI 's earnings per share in the next 3 years based on estimates from 5 analyst s?
SOFI revenue forecast
What is SOFI 's revenue in the next 3 years based on estimates from 4 analyst s?
A short and volatile history
SoFi first came to market in June 2021, the product of a special purpose acquisition company (SPAC) merger with Social Capital Hedosophia.
SoFi stock analysis: A technical view
The relative strength index (RSI) for SoFi was neutral at 41.16 at the time of writing
Bank-to-be
On 2 February 2022, SoFi completed its acquisition of Golden Pacific Bancorp, a California-based community bank. This acquisition was a key strategic step on SoFi’s path to obtaining a national bank charter, which was approved by the Office of the Controller of the Currency (OCC) and the Fed on 18 January 2022.
Stuck in a loop
With this acquisition, SoFi aims to offer improved features to members, including an automated savings function and an ‘industry-leading’ annual percentage yield of up to 1%.
Regulatory burden
Although the national bank charter may provide SoFi with a significant opportunity, it also represents an increased regulatory burden.
Fickle fundamentals
SoFi recorded a $224m net loss in 2020. The first three quarters of 2021 saw $370m added to that figure. Full year and Q4 results are due for release on 1 March 2022.
SoFi stock forecast for 2022
Since it came to market in 2021, eleven analysts have initiated coverage on SoFi. As of 21 February, Wall Street analysts rated SoFi a consensus ‘buy’, with eight ‘buy’ ratings, three ‘hold’ and zero ‘sell’, according to data from MarketBeat.
