SoFi Technologies (NasdaqGS:SOFI) Stock Forecast & Analyst Predictions - Simply Wall St (2024)

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SoFi Technologies (NasdaqGS:SOFI) Stock Forecast & Analyst Predictions - Simply Wall St? ›

Future Growth

Analyst Price Targets

Based on analysts offering 12 month price targets for SOFI in the last 3 months. The average price target is $9.06 with a high estimate of $14 and a low estimate of $3.

Stock Price Forecast

The 20 analysts with 12-month price forecasts for SoFi Technologies stock have an average target of 8.90, with a low estimate of 3.00 and a high estimate of 14. The average target predicts an increase of 31.27% from the current stock price of 6.78.

Is SoFi Technologies stock a Buy, Sell or Hold? SoFi Technologies stock has received a consensus rating of hold. The average rating score is and is based on 26 buy ratings, 30 hold ratings, and 10 sell ratings.

According to Wall Street analysts, the average 1-year price target for SOFI is 8.87 USD with a low forecast of 4.04 USD and a high forecast of 12.6 USD.

9.08 (33.89%) Estimated share price by April 17, 2025.

SoFi said that 2024 “remains a transitional year” for the company. The tech platform and financial services segments are expected to drive growth and increase from 38% of total adjusted net revenue in 2023 to roughly 50% for the full year of 2024.

According to the latest TipRanks data, approximately 40.11% of SoFi Technologies (SOFI) stock is held by retail investors. Who owns the most shares of SoFi Technologies (SOFI)? Vanguard owns the most shares of SoFi Technologies (SOFI).

SoFi Invest is best for traders wanting to invest in commission-free stocks, ETFs, and options. It offers a good selection of accounts, including a self-managed brokerage account, a robo-advisor, and retirement savings accounts (both active and automatic options available).

We see the stock as significantly undervalued. Net interest income from SoFi's lending and financial services segment was still the largest driver of growth, increasing 70.6% from last year, though only 3.4% sequentially, to $402.7 million.

Is SoFi a long-term investment? ›

SoFi Technologies

Shares of this banking innovator are up 64% since the start of 2023. However, this fintech stock is still 71% below its peak price. And its current market cap of $8 billion keeps it in mid-cap territory. I believe SoFi certainly makes for a solid long-term investment opportunity.

SoFi Tehcnologies Inc Ordinary Shares (SOFI) does not pay dividends. This is the company stock.

Based on 16 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 $3.00. The average price target represents a 22.05% change from the last price of $7.30.

The components of buying power include settled cash, cash from recent transactions that have not yet settled, incoming wires and any instant funding from pending ACH deposits. Mobile App. On the SoFi mobile app, buying power is displayed near the top of your Active Invest summary section.

According to SoFi's latest financial reports and stock price the company's current number of shares outstanding is 962,691,936. At the end of 2023 the company had 962,691,936 shares outstanding.

SOFI Stock 12 Month Forecast

Based on 16 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 $3.00. The average price target represents a 22.05% change from the last price of $7.30.

Future Growth

SoFi Technologies is forecast to grow earnings and revenue by 54.6% and 13.3% per annum respectively. EPS is expected to grow by 57.6% per annum. Return on equity is forecast to be 7.8% in 3 years.

NDAQ Stock 12 Month Forecast

Based on 13 Wall Street analysts offering 12 month price targets for Nasdaq in the last 3 months. The average price target is $68.18 with a high forecast of $80.00 and a low forecast of $54.00. The average price target represents a 12.97% change from the last price of $60.35.