What is SoFi stock prediction?
Stock Price Forecast The 12 analysts offering 12-month price forecasts for SoFi Technologies Inc have a median target of 9.25, with a high estimate of 20.00 and a low estimate of 7.00. The median estimate represents a +51.14% increase from the last price of 6.12.
Is SoFi good long term stock?
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).
Will SoFi keep rising?
SoFi Technologies Could Rise 30% by the End of 2022 if Its Book Value Increases. Sofi Technologies (SOFI) reported strong growth in Q1 members and adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization.)
Is SoFi A Buy Sell or Hold?
SoFi Technologies has received a consensus rating of Buy. The company’s average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.
Is SoFi a strong buy?
SOFI Stock Is a Buy Citing the company’s recent first-quarter performance, in which it beat consensus revenue estimates and enjoyed strong year-over-year member growth, Jadeja believes SOFI is a “buy” for the long-term.
Who is buying SoFi?
Figure 2: SoFi insider transactions. In the last three months alone, between SoFi directors and CEO Anthony Noto himself, some $8.87 million worth of SoFi shares have been bought by insiders. It seems SoFi higher-ups are doing everything possible to take advantage of the company’s 65% dip since November of last year.
Is SoFi a buy in 2022?
Analysts on average do not predict SoFi to be profitable this year or next. And despite the huge drop this year, SoFi trades at close to 50 times its projected 2022 adjusted EBITDA guidance. Once the student lending moratorium ends that should help, as should ramping up the Galileo and Technisys business.
How big will SoFi get?
SoFi expects revenue to grow at a 43% CAGR from its 2020 baseline. This should see revenue accelerate to at least $3.67 billion in fiscal 2025. I expect this figure to be higher at $4 billion. This sets the tone for a long-term hold.
Is SoFi growing?
Total members grew 96% year-over-year to 2.9 million, from 1.5 million. This marked SoFi’s second largest quarter of new member additions at approximately 377,000, and a 35% increase from the approximately 279,000 new members added in the second quarter.
Why SoFi stock is a buy?
Its stock is valued primarily on the technology the company provides and its outlook for future growth, rather than on its current revenue and profit generated. Since its SPAC deal on June 1, 2021, SoFi’s stock has depreciated more than 60%.
Who bought SoFi stock?
SoFi (NASDAQ:SOFI) CEO Anthony Noto has purchased over $350,000 of SOFI stock over the past week, according to Fintel. After the latest purchases, Noto owns about 3.2 million shares of his company’s stock.
Is SoFi a buy Zacks?
– Hold. Zacks’ proprietary data indicates that SoFi Technologies, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the SOFI shares relative to the market in the next few months.
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.”
Is SOFI TECHNOLOGIES Stock a good buy in 2022, according to Wall Street analysts?
The consensus among 13 Wall Street analysts covering ( NASDAQ : SOFI ) stock is to Buy SOFI stock. Out of 13 analysts , 6 ( 46.15% ) are…
What is SOFI’s earnings growth forecast for 2022-2024?
( NASDAQ : SOFI ) SOFI TECHNOLOGIES ‘s forecast annual earnings growth rate of N/A is not forecast to beat the US Credit Services industry’…
What is SOFI’s revenue growth forecast for 2022-2024?
( NASDAQ : SOFI ) SOFI TECHNOLOGIES ‘s forecast annual revenue growth rate of 35.02% is forecast to beat the US Credit Services industry’s a…
What is SOFI’s forecast return on assets (ROA) for 2022-2025?
(NASDAQ: SOFI) forecast ROA is 1.79%, which is lower than the forecast US Credit Services industry average of 26.99%.
What is SOFI’s Price Target?
According to 13 Wall Street analyst s that have issued a 1 year SOFI price target, the average SOFI price target is $14.89 , with the highe…
What is SOFI’s Earnings Per Share (EPS) forecast for 2022-2024?
(NASDAQ: SOFI) SOFI TECHNOLOGIES’s current Earnings Per Share (EPS) is -$0.73. On average, analysts forecast that SOFI’s EPS will be -$0.45 for 202…
What is SOFI’s forecast return on equity (ROE) for 2022-2025?
(NASDAQ: SOFI) forecast ROE is 4.22%, which is considered weak.
The Biggest Catalyst
As my colleague stated in his commentary, the company’s investors have a lot to look forward to in 2022. The most significant catalyst is the approval of its national bank charter, which should be expedited by its acquisition of Golden Pacific Bancorp (OTCMKTS: GPBI ).
The Bottom Line on SOFI Stock
Rosenblatt Securities analyst Sean Horgan recently lowered his 2022 revenue estimate by $40 million or 3% due to the three-month extension of the student loan moratorium. As a result, he cut his target price by $2 to $28. However, he still considers it a “high-conviction buy.”
About SoFi Technologies
SoFi Technologies, Inc. provides digital financial services. The company operates through three reportable segments: Lending, Financial Services, and Technology Platform. Its financial services allow its members to borrow, save, spend, invest, and protect their money.
SoFi Technologies (NASDAQ:SOFI) Frequently Asked Questions
11 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for SoFi Technologies in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock.
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?