This trade activity should not be overlooked: SoFi Technologies Inc (SOFI)

With 40.69 million shares changed hands, the volume of the stock remained lighter than its average volume of 53.39 million shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $14.85 whereas the lowest price it dropped to was $14.12. The 52-week range on SOFI shows that it touched its highest point at $17.19 and its lowest point at $6.01 during that stretch. It currently has a 1-year price target of $11.91. Beta for the stock currently stands at 1.80.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SOFI was down-trending over the past week, with a drop of -10.60%, but this was down by -6.55% over a month. Three-month performance surged to 89.53% while six-month performance rose 129.37%. The stock gained 78.58% in the past year, while it has lost -3.64% so far this year. A look at the trailing 12-month EPS for SOFI yields 0.12 with Next year EPS estimates of 0.27. For the next quarter, that number is 0.03. This implies an EPS growth rate of 133.22% for this year and 125.80% for next year.

Float and Shares Shorts:

At present, 1.08 billion SOFI shares are outstanding with a float of 1.06 billion shares on hand for trading. On 2024-12-13, short shares totaled 135.76 million, which was 1250.9999999999998 higher than short shares on 1731628800. In addition to Mr. George Thompson Hutton as the firm’s Independent Non Executive Chairman, Mr. Anthony J. Noto serves as its CEO & Director.

Institutional Ownership:

Through their ownership of 0.43697 of SOFI’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SOFI since 14 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SOFI analysts setting a high price target of 19.0 and a low target of 4.0, the average target price over the next 12 months is 11.53333. Based on these targets, SOFI could surge 28.03% to reach the target high and fall by -73.05% to reach the target low. Reaching the average price target will result in a decline of -22.28% from current levels.

Analysts have provided yearly estimates in a range of $0.13953 being high and $0.09966667 being low. For SOFI, this leads to a yearly average estimate of $0.1196.