Unveiling 8 Analyst Insights On SoFi Techs

Ratings for SoFi Techs SOFI were provided by 8 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

In the assessment of 12-month price targets, analysts unveil insights for SoFi Techs, presenting an average target of $8.06, a high estimate of $12.00, and a low estimate of $3.00. This current average has decreased by 19.4% from the previous average price target of $10.00.

Analyzing Analyst Ratings: A Detailed Breakdown

A clear picture of SoFi Techs's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to SoFi Techs. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of SoFi Techs compared to the broader market.
• Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of SoFi Techs's stock. This examination reveals shifts in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of SoFi Techs's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on SoFi Techs analyst ratings.

All You Need to Know About SoFi Techs

SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.

A Deep Dive into SoFi Techs's Financials

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Growth: SoFi Techs's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 31.57%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.

Net Margin: SoFi Techs's net margin is impressive, surpassing industry averages. With a net margin of 6.28%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): SoFi Techs's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 0.73%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): SoFi Techs's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.13%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: SoFi Techs's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.02.

Analyst Ratings: Simplified

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.