Unveiling the Core Fundamentals of SoFi Technologies (SOFI)

One of the losers of today's trading session was SoFi Technologies. Shares of the Diversified financial company plunged -3.8%, and some investors may be wondering if its price of $6.8 would make a good entry point. Here's what you should know if you are considering this investment:

  • SoFi Technologies has moved -26.0% over the last year, and the S&P 500 logged a change of 22.5%

  • SOFI has an average analyst rating of hold and is -21.02% away from its mean target price of $8.61 per share

  • Its trailing earnings per share (EPS) is $-0.29

  • SoFi Technologies has a trailing 12 month Price to Earnings (P/E) ratio of -23.4 while the S&P 500 average is 27.65

  • Its forward earnings per share (EPS) is $0.24 and its forward P/E ratio is 28.3

  • The company has a Price to Book (P/B) ratio of 1.23 in contrast to the S&P 500's average ratio of 4.59

  • SoFi Technologies is part of the Finance sector, which has an average P/E ratio of 15.89 and an average P/B of 1.76

  • SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money. It offers personal loans, student loans, home loans, and related services. The company also operates Galileo, a technology platform that offers services to financial and non-financial institution; and Technisys, a cloud-native digital and core banking platform with financial services customers. In addition, it provides SoFi Money offers checking and savings accounts, debit cards, and cash management products; and SoFi Invest, a mobile-first investment platform that provides access to trading and advisory solutions, such as investing and robo-advisory. Further, the company offers SoFi Credit Card that provides cash backs on every purchase; Sofi Relay, a personal finance management product that allows to track all of their financial accounts comprising credit score and spending behaviors; SoFi Protect, which offers insurance product; SoFi Travel, an application that manages travel search and booking experience; SoFi At Work provides financial benefits to employees, including student loan payments made on their employees' behalf; Lantern Credit, a financial services marketplace platform for seeking alternative products and provide product comparisons; and other lending as a service that offers pre-qualified borrower referrals and sells loans to third-party partner. The company was founded in 2011 and is based in San Francisco, California.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.