Summary Highlights:
- SoFi Technologies Inc. (NASDAQ: SOFI) shows resilience with a recent 15.6% stock decline, outperforming the broader financial sector's 17.6% drop.
- Projected earnings growth is strong, with current quarter EPS forecasted to rise by 50% year-over-year to $0.03.
- Analysts foresee a potential 13.86% upside with an average price target of $12.98.
SoFi Technologies Financial Performance Overview
In the volatile financial landscape, SoFi Technologies, Inc. (SOFI, Financial) has managed a commendable performance. Despite a 15.6% decline in its stock over the past month, it has outpaced the broader financial services sector, which suffered a larger 17.6% downturn. This resilience is bolstered by optimistic earnings growth expectations, as the company's current quarter EPS is projected at $0.03, marking a substantial 50% year-over-year increase.
Analyst Price Predictions and Market Outlook
Industry analysts provide a range of optimistic projections for SoFi Technologies Inc. (SOFI, Financial), with 15 analysts setting an average one-year price target of $12.98. Estimates vary significantly, with the most bullish forecast reaching $20.00 and the most conservative at $5.00. This average target translates to a potential upside of 13.86% from the current trading price of $11.40. For a comprehensive view of these estimates, visit the SoFi Technologies Inc (SOFI) Forecast page.
Brokerage Recommendations
The consensus from 18 brokerage firms assigns SoFi Technologies Inc. (SOFI, Financial) an average recommendation rating of 2.9, which aligns with a "Hold" status. The rating scale suggests a continuum from 1, representing a Strong Buy, to 5, indicating Sell.
Valuation Insights Based on GuruFocus Metrics
According to GuruFocus, the estimated GF Value for SoFi Technologies Inc. (SOFI, Financial) a year from now is projected at $10.59. This suggests a potential downside of 7.11% relative to its current market price of $11.40. The GF Value represents GuruFocus's calculated fair value, which considers historical trading multiples, past business growth, and future performance projections. Further detailed analysis is accessible on the SoFi Technologies Inc (SOFI) Summary page.
