SoFi Technologies Inc [NASDAQ: SOFI] loss -0.61% or -0.11 points to close at $17.92 with a heavy trading volume of 54510135 shares.
The daily chart for SOFI points out that the company has recorded 152.39% gains over the past six months.
If we look at the average trading volume of 51.52M shares, SOFI reached to a volume of 54510135 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about SoFi Technologies Inc [SOFI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SOFI shares is $13.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SOFI stock is a recommendation set at 2.89. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
William Blair have made an estimate for SoFi Technologies Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 15, 2025. While these analysts kept the previous recommendation, Keefe Bruyette raised their target price from $7 to $8. The new note on the price target was released on January 02, 2025, representing the official price target for SoFi Technologies Inc stock. Previously, the target price had yet another raise to $12, while BofA Securities analysts kept a Underperform rating on SOFI stock.
The Average True Range (ATR) for SoFi Technologies Inc is set at 0.83, with the Price to Sales ratio for SOFI stock in the period of the last 12 months amounting to 5.36. The Price to Book ratio for the last quarter was 3.17, with the Price to Cash per share for the same quarter was set at 2.84. Price to Free Cash Flow for SOFI in the course of the last twelve months was 162.10.
Trading performance analysis for SOFI stock
SoFi Technologies Inc [SOFI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.94. With this latest performance, SOFI shares gained by 16.74% in over the last four-week period, additionally plugging by 152.39% over the last 6 months – not to mention a rise of 131.23% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SOFI stock in for the last two-week period is set at 65.88, with the RSI for the last a single of trading hit 70.41, and the three-weeks RSI is set at 63.93 for SoFi Technologies Inc [SOFI]. The present Moving Average for the last 50 days of trading for this stock 15.50, while it was recorded at 17.59 for the last single week of trading, and 9.66 for the last 200 days.
An analysis of Institutional ownership at SoFi Technologies Inc [SOFI]
There are presently around $43.45%, or 44.95%% of SOFI stock, in the hands of institutional investors. The top three institutional holders of SOFI stocks are: VANGUARD GROUP INC with ownership of 90.03 million shares, which is approximately 9.1623%. BLACKROCK INC., holding 45.46 million shares of the stock with an approximate value of $$300.47 million in SOFI stocks shares; and BLACKROCK INC., currently with $$205.93 million in SOFI stock with ownership which is approximately 3.1705%.
