- SoFi Technologies (SOFI, Financial) has enjoyed a surge, outperforming the market with a 16% gain over the past week.
- Analysts foresee potential annual returns of 18% by 2033, highlighting SoFi's revenue and membership growth.
- The stock's current valuation suggests potential downsides based on various price targets and GF Value estimates.
SoFi Technologies (SOFI) has been on an upward trajectory, closing Friday with a nearly 4% increase. This marks its seventh straight session of gains. Over the past week, SoFi's stock has shot up almost 16%, significantly outpacing the broader market. Analysts are particularly impressed with SoFi's robust revenue and membership growth, projecting potential annual returns of 18% by 2033.
Wall Street Analysts' Insights
According to price targets from 17 analysts, the average target price for SoFi Technologies Inc (SOFI, Financial) is set at $15.30. These projections vary, with a high estimate of $21.00 and a low of $6.00, suggesting a potential downside of 29.54% from its current price of $21.71. For a more comprehensive analysis, visit the SoFi Technologies Inc (SOFI) Forecast page.
Brokerage Firm Recommendations
When it comes to brokerage recommendations, the consensus among 20 firms positions SoFi Technologies Inc (SOFI, Financial) at an average rating of 2.8, categorizing it as a "Hold." This rating system ranges from 1 to 5, where 1 is a "Strong Buy," and 5 is a "Sell."
Assessing the GF Value
GuruFocus estimates place the GF Value for SoFi Technologies Inc at $11.50 in one year. This estimate suggests a significant downside of 47.03% from the current price of $21.7098. The GF Value represents GuruFocus' assessment of the stock's fair trading value, based on historical trading multiples, past business growth, and future performance projections. Further details are available on the SoFi Technologies Inc (SOFI, Financial) Summary page.