SoFi Technologies, Inc. (SOFI)
NASDAQ: SOFI · Real-Time Price · USD
10.91
-0.13 (-1.18%)
At close: Nov 4, 2024, 4:00 PM
10.89
-0.02 (-0.18%)
After-hours: Nov 4, 2024, 7:59 PM EST
SoFi Technologies Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for SoFi Technologies stock have an average target of 9.04, with a low estimate of 3.00 and a high estimate of 13. The average target predicts a decrease of -17.14% from the current stock price of 10.91.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for SOFI stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 5 | 5 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 10 | 9 | 8 | 7 | 7 | 6 |
| Sell | 4 | 4 | 3 | 3 | 3 | 3 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 21 | 20 | 17 | 15 | 15 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $8 → $9 | Hold | Maintains | $8 → $9 | -17.51% | Oct 30, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $7.5 → $8.5 | Hold | Maintains | $7.5 → $8.5 | -22.09% | Oct 30, 2024 |
| Needham | Needham | Strong Buy Maintains $10 → $13 | Strong Buy | Maintains | $10 → $13 | +19.16% | Oct 30, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $12 → $13 | Strong Buy | Maintains | $12 → $13 | +19.16% | Oct 29, 2024 |
| Needham | Needham | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | -8.34% | Aug 5, 2024 |
Financial Forecast
Revenue This Year
2.58B
Revenue Next Year
3.03B
from 2.58B
Increased by 17.43%
EPS This Year
0.12
from -0.36
EPS Next Year
0.28
from 0.12
Increased by 128.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.8B | 3.4B | 4.3B | ||
| Avg | 2.6B | 3.0B | 3.6B | ||
| Low | 2.4B | 2.7B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 30.0% | 41.5% | ||
| Avg | - | 17.4% | 18.2% | ||
| Low | - | 4.0% | 3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.17 | 0.39 | 0.67 | ||
| Avg | 0.12 | 0.28 | 0.48 | ||
| Low | 0.09 | 0.18 | 0.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 214.3% | 138.2% | ||
| Avg | - | 128.2% | 71.2% | ||
| Low | - | 42.7% | -20.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.