Shares of Finance sector company SoFi Technologies moved -0.9% today, and are now trading at a price of $12.61. The Large-Cap stock's daily volume was 35,359,075 compared to its average volume of 44,866,372. The S&P 500 index returned a -0.0% performance.
SoFi Technologies, Inc. provides various financial services in the United States, Latin America, Canada, and Hong Kong. The company is based in San Francisco and has 5,000 full time employees. Its market capitalization is $13,828,028,416.
16 analysts are following SoFi Technologies and have set target prices ranging from $5.0 to $20.0 per share. On average, they have given the company a rating of hold. At today's prices, SOFI is trading -8.16% away from its average analyst target price of $13.73 per share.
Over the last year, SOFI's share price has increased by 71.1%, which represents a difference of 62.8% when compared to the S&P 500. The stock's 52 week high is $18.42 per share whereas its 52 week low is $6.01. SoFi Technologies has averaged free cash flows of $-3333735200.0 over the last 4 years, with a mean growth rate of -198.6%. It is unlikely that the stock can sustain its current performance trend for the long term when the underlying business is experiencing such poor cash flows.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | -7,227,139 | 111,409 | -7,338,548 | 0.14 |
| 2022 | -7,255,858 | 93,201 | -7,349,059 | -424.01 |
| 2021 | -1,350,217 | 52,261 | -1,402,478 | -188.42 |
| 2020 | -479,336 | 6,932 | -486,268 | -426.7 |
| 2019 | -54,733 | 37,590 | -92,323 |
