-12.40% percent quarterly performance for SoFi Technologies Inc (SOFI) is not indicative of the underlying story

SoFi Technologies Inc (NASDAQ: SOFI) on Monday, plunged -6.22% from the previous trading day, before settling in for the closing price of $14.47. Within the past 52 weeks, SOFI’s price has moved between $6.01 and $18.42.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 11.32%. The company achieved an average annual earnings per share of -33.59%. With a float of $1.07 billion, this company’s outstanding shares have now reached $1.10 billion.

Considering the fact that the conglomerate employs 5000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 99.74%, operating margin of 11.69%, and the pretax margin is 8.81%.

SoFi Technologies Inc (SOFI) Insider Activity

Observing investor behavior towards Credit Services industry stocks is more important than anything else. The insider ownership of SoFi Technologies Inc is 2.10%, while institutional ownership is 46.94%. The most recent insider transaction that took place on Feb 20 ’25, was worth 141,702. In this transaction EVP, GBUL, SIPS of this company sold 9,185 shares at a rate of $15.43, taking the stock ownership to the 169,626 shares. Before that another transaction happened on Feb 18 ’25, when Company’s Officer proposed sale 31,366 for $16.93, making the entire transaction worth $530,967.

SoFi Technologies Inc (SOFI) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -33.59% per share during the next fiscal year.

SoFi Technologies Inc (NASDAQ: SOFI) Trading Performance Indicators

SoFi Technologies Inc (SOFI) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.95. Likewise, its price to free cash flow for the trailing twelve months is 13.45.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.38, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.52 in one year’s time.

Technical Analysis of SoFi Technologies Inc (SOFI)

Compared to the last year’s volume of 45.44 million, its volume of 50.81 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 16.83%. Additionally, its Average True Range was 0.87.

During the past 100 days, SoFi Technologies Inc’s (SOFI) raw stochastic average was set at 52.73%, which indicates a significant increase from 4.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.52% in the past 14 days, which was higher than the 59.82% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.49, while its 200-day Moving Average is $10.66. Nevertheless, the first resistance level for the watch stands at $14.50 in the near term. At $15.43, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.96. If the price goes on to break the first support level at $13.04, it is likely to go to the next support level at $12.51. Should the price break the second support level, the third support level stands at $11.58.

SoFi Technologies Inc (NASDAQ: SOFI) Key Stats

Market capitalization of the company is 14.88 billion based on 1,096,540K outstanding shares. Right now, sales total 2,675 M and income totals 498,670 K. The company made 734,130 K in profit during its latest quarter, and 332,470 K in sales during its previous quarter.