SoFi Technologies, Inc. with ticker code (SOFI) now have 12 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 10 and 5 with the average target price sitting at $7.58. Given that the stocks previous close was at $5.58 this is indicating there is a potential upside of 35.8%. It’s also worth noting that there is a 50 day moving average of $6.13 and the 200 moving average now moves to $5.86. The market cap for the company is $4,390m. Visit the company website at: https://www.sofi.com
The potential market cap would be $5,963m based on the market concensus.
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SoFi Technologies, Inc. provides financial services. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect their money. It also offers personal loans, student loans, and home loans; and related services. The company also operates Galileo, a technology platform that offers services to financial and non-financial institutions and brokerage services, as well as Technisys, a cloud-native digital and core banking platform with financial services customers. In addition, it offers checking and savings accounts; debit cards; and cash management products. Further, the company provides SoFi Invest, a mobile investment platform that provide its members access to trading and advisory solutions, such as active investing, roboadvisory, and digital assets accounts. The company was founded in 2011 and is headquartered in San Francisco, California.
The company is not paying dividends at this time.