SoFi Technologies Inc (NASDAQ: SOFI) Rises 5.61% In Recent Trading, What’s Next?

SoFi Technologies Inc (NASDAQ:SOFI) traded at $13.92 at last check on current trade day and made an upward move of 5.61% on its previous day’s price.

SoFi Technologies Inc has a market cap of $15.39 billion and is expected to release its quarterly earnings report in June.

On the other hand, looking at the outlook for the SOFI stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of Hold.

Based on estimates by 14 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 7 have rated the SoFi Technologies Inc (SOFI) stock as a Hold, while 5 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 2 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the SOFI stock currently stands at 1.28, and the most recent price level today is 13.43% off its SMA20 and 15.36% from its 50-day simple moving average. The RSI (14) is pointing at 64.64 while the volatility over the past week is 4.27% and jumps to 5.27% over the past one month. The beta value is 1.86, while the average true range (ATR) is currently pointing at 0.77. The average price target for the stock over the next 12 months is $13.5, with the estimates having a low of $13 and a high of $14. These price ends are 6.61% and -0.57% off the today’s price level respectively, although investors could be excited at the prospect of a 3.02% if the SOFI share price touches on the median price of $13.5.

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