SoFi Stock Forecast: SOFI Rises, Overall outlook remains Marginally Positive
SOFI Stock Forecast: Latest Price
|Share Volume||17.43 M|
|Forward P/E (1 Year)||-14.68|
SOFI Stock Forecast: Latest Video
SOFI Stock Forecast: Momentum summary
|1. Market Data||Neutral|
|1b. Trading Volume||Lower|
|1c. Performance vs NASDAQ (5 Days)||Lower|
|1d. Technical indicator||Buy|
|2. Crowd’s Wisdom||Marginally Positive|
|2a. Google Search Trend||Higher|
|2b. Net Sentiment||Steady|
SOFI Stock Forecast: Competition Analysis
|Stock Name||Performance in last 6 months||Performance in last 1 month||Zacks Ratings||Price Target for 12 months||Zacks Industry Rank|
|Synchrony Financial (SYF)||-21.34%||+12.5%||3-Hold||$42.05||Bottom 23%|
|Lufax (LU)||+9.05%||-22.13%||5-Strong Sell||$8.25||Bottom 23%|
SOFI Stock Forecast: Technical Analysis
SOFI Stock Forecast: Price target
SOFI Stock Latest News and Tweets
SOFI Stock Forecast: Q3 Results
SOFI released its Quarter 3 (which ended on September 30, 2022) results in November 2022.
The company’s total revenues were declared as $407.7 million, up 51.2% Y-o-Y.
Its net interest income is $157.9 million, up 118.1% Y-o-Y.
Operating expenses increased by 61.6% Y-o-Y and were reported as $482.1 million,
The company’s operating income decreased by 159.9% over a year and was reported as -$74.5 million.
Its net income was -$74.2 million, down 147% Y-o-Y.
Revenue per share was $0.44, up 33.3% Y-o-Y.
Diluted earnings per share (EPS) were declared as -$0.08, down 60% Y-o-Y.
At this price, for a trader, the recommendation is to sell the stock. For investors, hold the position and take a call in the next couple of weeks.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.