Currently, there are 1.08B common shares owned by the public and among those 1.06B shares have been available to trade.
The company’s stock has a 5-day price change of 0.14% and 64.73% over the past three months. SOFI shares are trading -8.12% year to date (YTD), with the 12-month market performance up to 70.07% higher. It has a 12-month low price of $6.01 and touched a high of $17.19 over the same period. SOFI has an average intraday trading volume of 52.97 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -8.82%, -3.05%, and 52.94% respectively.
Institutional ownership of SoFi Technologies Inc (NASDAQ: SOFI) shares accounts for 43.61% of the company’s 1.08B shares outstanding.
It has a market capitalization of $15.35B and a beta (3y monthly) value of 1.80. The stock’s trailing 12-month PE ratio is 119.61, while the earnings-per-share (ttm) stands at $0.12. The company has a debt-to-equity ratio at 0.54. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.47% over the week and 5.52% over the month.
Earnings per share for the fiscal year are expected to increase by 133.22%, and 125.80% over the next financial year.
Looking at the support for the SOFI, a number of firms have released research notes about the stock. Keefe Bruyette stated their Underperform rating for the stock in a research note on January 02, 2025, with the firm’s price target at $7-$8. BofA Securities coverage for the SoFi Technologies Inc (SOFI) stock in a research note released on December 09, 2024 offered a Underperform rating with a price target of $12. BTIG Research was of a view on June 07, 2024 that the stock is Neutral, while Citigroup gave the stock Buy rating on April 08, 2024, issuing a price target of $11. Keefe Bruyette on their part issued Mkt Perform rating on April 05, 2024.
