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Essential Things to Consider Before Investing in SoFi Technologies (SOFI)

Large-cap Finance company SoFi Technologies has logged a -1.0% change today on a trading volume of 21,706,477. The average volume for the stock is 51,569,768.

SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. Based in San Francisco, United States the company has 4,400 full time employees and a market cap of $16,810,383,360.

The company is now trading 40.83% away from its average analyst target price of $11.0 per share. The 15 analysts following the stock have set target prices ranging from $4.0 to $19.0, and on average give SoFi Technologies a rating of hold.

Over the last 52 weeks, SOFI stock has risen 92.5%, which amounts to a 60.6% difference compared to the S&P 500. The stock's 52 week high is $16.61 whereas its 52 week low is $6.01 per share. Based on SoFi Technologies's average net margin growth of 69.4% over the last 5 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 2,122,789 -300,742 -14 30.0
2022 1,573,535 -320,407 -20 59.18
2021 984,872 -483,937 -49 77.42
2020 103,331 -224,053 -217 95.91
2019 4,520 -239,697 -5303
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.

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