Sofi Select 500 Etf (SFY) Stock Forecast, Price Targets & Predictions - TipRanks.com (2024)

Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.

Sofi Select 500 Etf (SFY) Stock Forecast, Price Targets & Predictions - TipRanks.com (2024)

FAQs

Is SoFi Select 500 ETF a buy or sell? ›

Is SFY a Buy, Sell or Hold? SFY has a consensus rating of Strong Buy which is based on 413 buy ratings, 79 hold ratings and 9 sell ratings.

Is sfyx a good investment? ›

SFYX has a consensus rating of Moderate Buy which is based on 379 buy ratings, 117 hold ratings and 5 sell ratings. What is SFYX's price target? The average price target for SFYX is $15.73. This is based on 501 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Is SFY a good long-term investment? ›

SoFi Select 500 ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, SFY is an outstanding option for investors seeking exposure to the Style Box - Large Cap Growth segment of the market.

Is SoFi a buy, sell, or hold? ›

It is quickly growing its deposit base and increasing its technology platform revenue, which could be crucial to its long-term growth. Its impressive growth is hard to ignore, and at a price-to-sales ratio of 3, I think SoFi could be an excellent investment for patient investors with a long time horizon.

Does SoFi select 500 pay dividends? ›

Does SFY pay dividends? Yes, SFY has paid a dividend within the past 12 months.

Is SoFi a safe place to invest? ›

SoFi takes your security very seriously. Upon depositing funds into your SoFi checking and, or savings accounts (including vaults), the balance is FDIC insured up to $250,000 per account holder across all deposit accounts. Joint accounts will be insured up to $500,000.

What is SoFi Select 500 ETF? ›

About SoFi Select 500 ETF

The index follows a rules-based methodology that tracks the performance of 500 of the largest U.S.-listed companies weighted based on a proprietary mix of their market capitalization and fundamental factors. Fee. $0. Low commission rates start at $0 for U.S. listed stocks & ETFs*.

Is FCPI a good investment? ›

Shares are roughly flat for the year-to-date, making FCPI a better option than conventional broad-based index funds. And it's also worth noting that if for some reason the inflation trade falls out of fashion, FCPI has more foundational picks like those in Big Tech to mitigate this change.

Is Iaum a good investment? ›

Given the current short-term trend, the ETF is expected to rise 11.32% during the next 3 months and, with a 90% probability hold a price between $25.99 and $27.29 at the end of this 3-month period.

Should I hold ETFs long-term? ›

ETFs can be a great investment for long-term investors and those with shorter-term time horizons. They can be especially valuable to beginning investors. That's because they won't require the time, effort, and experience needed to research individual stocks.

What is the true value of SoFi stock? ›

As of 2024-06-01, the Intrinsic Value of SoFi Technologies Inc (SOFI) is -0.84 USD. This SOFI valuation is based on the model Peter Lynch Fair Value. With the current market price of 6.9 USD, the upside of SoFi Technologies Inc is -112.2%.

Is SoFi undervalued? ›

SoFi Earnings: Revenue Growth Slows on Lower Loan Growth and Higher Credit Costs. We see SoFi stock as significantly undervalued.

What will SoFi stock be worth in 2030? ›

According to our SoFi Technologies, Inc. stock prediction for 2030, SOFI stock will be priced at $ 15.21 in 2030. This forecast is based on the stock's average growth over the past 10 years.

What will SoFi stock be worth in 2025? ›

SoFi stock price stood at $6.90

According to the latest long-term forecast, SoFi price will hit $7 by the middle of 2024 and then $10 by the end of 2025. SoFi will rise to $12 within the year of 2027, $15 in 2029, $17 in 2030 and $20 in 2034.

Should I just buy S&P 500 ETF? ›

The Vanguard S&P 500 ETF (VOO 0.87%) is one of the best ways to invest in the S&P 500, which has been a pretty smart strategy over the long term. Since 1965, the S&P 500 has produced a total return of 10.2% annualized. The Vanguard ETF has an expense ratio of just 0.03%, so you get to keep most of your gains.

What is the future price of SoFi stock? ›

SOFI Stock 12 Month Forecast

Based on 18 Wall Street analysts offering 12 month price targets for SoFi Technologies in the last 3 months. The average price target is $8.91 with a high forecast of $14.00 and a low forecast of $4.00. The average price target represents a 29.13% change from the last price of $6.90.

Top Articles
Latest Posts
Article information

Author: Rob Wisoky

Last Updated:

Views: 6345

Rating: 4.8 / 5 (48 voted)

Reviews: 95% of readers found this page helpful

Author information

Name: Rob Wisoky

Birthday: 1994-09-30

Address: 5789 Michel Vista, West Domenic, OR 80464-9452

Phone: +97313824072371

Job: Education Orchestrator

Hobby: Lockpicking, Crocheting, Baton twirling, Video gaming, Jogging, Whittling, Model building

Introduction: My name is Rob Wisoky, I am a smiling, helpful, encouraging, zealous, energetic, faithful, fantastic person who loves writing and wants to share my knowledge and understanding with you.