In Monday’s Wall Street session, SoFi Technologies Inc (NASDAQ:SOFI) shares traded at $12.32, up 1.90% from the previous session.
SOFI stock price is now -16.59% away from the 50-day moving average and 12.89% away from the 200-day moving average. The market capitalization of the company currently stands at $13.51B.
On January 02, 2025, Keefe Bruyette Downgraded its previous ‘Mkt Perform’ rating to ‘Underperform’ on the stock increasing its target price from $7 to quote $8, while ‘BofA Securities’ rates the stock as ‘Underperform’
In other news, White Derek J, Officer bought 61,346 shares of the company’s stock on Mar 17 ’25. The stock was bought for $746,133 at an average price of $12.16. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 17 ’25, Officer Rishel Jeremy bought 134,502 shares of the business’s stock. A total of $1,635,907 was incurred on buying the stock at an average price of $12.16. A total of 2.04% of the company’s stock is owned by insiders.
During the past 12 months, SoFi Technologies Inc has had a low of $6.01 and a high of $18.42. According to the stock market information, the enterprise value for the company is $13884578816, which is based on a 32.24 price-to-earnings ratio, a 1.21 price-to-earnings-growth ratio, and a beta of 1.85. The fifty day moving average price for SOFI is $14.7698 and a two-hundred day moving average price translates $10.9128 for the stock.
The latest earnings results from SoFi Technologies Inc (NASDAQ: SOFI) was released for 2024-12-31. The net profit margin was 12.72% and return on equity was 8.26% for SOFI. The company reported revenue of $743.94 million for the quarter, compared to $645.24 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15.3 percent.
