SoFi Stock Forecast: SOFI Rises, Overall outlook remains Marginally Positive
SoFi Stock Forecast: Short term recommendation is Sell for the stock
2 analysts
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
| Indicator | Trend | ||
| Overall | Marginally Positive | ||
| 1. Market Data | Neutral | ||
| 1a. Price | Higher | ||
| 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 |
| SoFi | -41.98% | +15.83% | 3-Hold | $8.58 | Top 36% |
| 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% |
| UPST | -73.93% | -30.9% | 3-Hold | $31.29 | Top 35% |
SOFI Stock Forecast: Technical Analysis
SOFI Stock Forecast: Price target
Read: Best EV stocks to buy in 2022
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.
-Rakesh Atla
