Key Points:
- SoFi Technologies' (SOFI, Financial) stock recently faced a 4% drop after a notable six-day rally.
- Analyst opinions are divided, affecting SoFi's market performance.
- Analyst price targets indicate a potential downside based on current valuation.
SoFi Technologies (SOFI) experienced a 4% decrease in share value following an impressive rally, where the stock surged nearly 19% over six sessions. This fluctuation reflects mixed reviews from analysts – while some uphold a strong buy rating in anticipation of upcoming Q2 results, others express apprehension due to economic uncertainties and market volatility.
Wall Street Analysts Forecast
According to projections by 16 analysts, the average one-year price target for SoFi Technologies Inc (SOFI, Financial) stands at $14.13, featuring estimates ranging from a high of $20.00 to a low of $6.00. This average target suggests a potential downside of 19.66% from the current trading price of $17.59. For an in-depth analysis, visit the SoFi Technologies Inc (SOFI) Forecast page.
In terms of analyst recommendations, 19 brokerage firms provide an average recommendation score of 2.7 for SoFi Technologies Inc (SOFI, Financial), categorizing it as a "Hold." The rating system spans from 1 to 5, where 1 indicates a Strong Buy and 5 signifies a Sell.
GuruFocus estimates place the GF Value for SoFi Technologies Inc (SOFI, Financial) at $11.50 a year from now, highlighting a downside of 34.6% against the current market price of $17.585. The GF Value is GuruFocus's estimation of the stock's intrinsic value, derived from historical trading multiples, past business growth, and projected business performance. To access further data, refer to the SoFi Technologies Inc (SOFI) Summary page.
