What is the true value of SoFi stock?
As of 2024-07-20, 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 7.47 USD, the upside of SoFi Technologies Inc is -111.3%.
As of 2024-07-11, the Fair Value of SoFi Technologies Inc (SOFI) is -0.84 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 6.77 USD, the upside of SoFi Technologies Inc is -112.5%.
As of today (2024-07-20), SoFi Technologies's share price is $7.47. SoFi Technologies's Book Value per Share for the quarter that ended in Mar. 2024 was $5.51. Hence, SoFi Technologies's PB Ratio of today is 1.35.
Stock Price Forecast
The 17 analysts with 12-month price forecasts for SoFi Technologies stock have an average target of 9.32, with a low estimate of 3.00 and a high estimate of 14. The average target predicts an increase of 23.77% from the current stock price of 7.53.
Based on 17 Wall Street analysts who have issued ratings for SoFi Technologies in the last 12 months, the stock has a consensus rating of "Hold." Out of the 17 analysts, 2 have given a sell rating, 10 have given a hold rating, and 5 have given a buy rating for SOFI.
As of 2024-07-20, 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 7.47 USD, the upside of SoFi Technologies Inc is -111.3%.
Currently, SoFi has a “Hold” consensus rating on Wall Street. Out of the 18 analysts covering SOFI stock, four rate it as a “Strong Buy,” one recommends a “Moderate Buy,” 10 suggest a “Hold,” and three recommend a “Strong Sell.”
According to the latest TipRanks data, approximately 57.33% 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).
The best overall Sofi alternative is Sageworks Lending. Other similar apps like Sofi are TurnKey Lender, CloudBankin, Finflux, and FIS Commercial Lending Suite. Sofi alternatives can be found in Loan Servicing Software but may also be in Loan Origination Software or Digital Mortgage Closing Software.
Is SoFi stock overvalued?
SOFI Stock Looks Like a Decent Bet
Although it has some short-term hurdles, SoFi's positives still outweigh its negatives. With low valuation and a 2.8-times price to sales ratio, the stock seems undervalued.
SOFI Stock is Still a Long-Term Winner
Conservative or short-term investors might avoid SoFi stock. Yet, as a fast-growing, relatively young company, SoFi expands its deposit base and technology platform revenue, vital for long-term growth.
SoFi's historical growth is certainly impressive, and it's probably a key reason the stock might be on your radar. In 2023, the business reported 35% and 44% year-over-year revenue and customer growth, respectively. These figures are significantly higher than they were just a few years ago.
Average Price Target
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 22.39% change from the last price of $7.28.
What is the SoFi Technologies, Inc. stock prediction for 2025? According to our SoFi Technologies, Inc. stock prediction for 2025, SOFI stock will be priced at $ 8.94 in 2025. This forecast is based on the stock's average growth over the past 10 years.
| High | $12.00 |
|---|---|
| Median | $8.50 |
| Low | $4.00 |
| Average | $8.38 |
| Current Price | $7.84 |
SoFi's savings account earns 4.8 stars. This high-yield savings account can be an excellent option to consider if you're able to meet the monthly direct deposit requirements to qualify for the best rate.
Though the SoFi Checking and Savings account offers numerous advantages, there are some disadvantages to consider, such as foreign transaction fees, limited overdraft protection and a lack of bank branches.
The average one-year price target for SoFi Technologies, Inc. is $8.78. The forecasts range from a low of $4.04 to a high of $12.60. A stock's price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings.
Among the few negatives, publicly available financial information about SoFi Invest is quite limited compared to other brokers. However, being a US-regulated broker and offering a high amount of investor protection are still all great signs for SoFi Invest's safety.
Is SoFi stock splitting?
No, the proposal to grant the Board discretion to effect a reverse stock split – if it feels it is in the best interests of SoFi and its stockholders – is not being proposed in order to meet the requirements of any national securities exchange.
SoFi Technologies's current price is $6.96. Its book value per share for the quarter that ended in Mar. 2024 was $5.51. Hence, today's PB Ratio of SoFi Technologies is 1.26.
SoFi Technologies has a total shareholder equity of $6.1B and total debt of $2.9B, which brings its debt-to-equity ratio to 47.2%.
SoFi offers a high-yield checking/savings account with no fees that is backed by the FDIC. Their cash management (checking) accounts and investment platform include brokerage and robo-advisor services.
According to SoFi's latest financial reports and stock price the company's current number of shares outstanding is 982,617,492. At the end of 2024 the company had 982,617,492 shares outstanding.
