Sofi Technologies Stock Today

SOFI Stock  USD 8.05  0.14  1.71%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Over 74

 
High
 
Low
High
SoFi Technologies is trading at 8.05 as of the 20th of September 2024. This is a 1.71% down since the beginning of the trading day. The stock's open price was 8.19. SoFi Technologies has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Note, on March 29, 2024, Senator Thomas R Carper of US Senate acquired under $15k worth of SoFi Technologies's common stock.
Business Domain
Financial Services
IPO Date
30th of November 2020
Classification
Financials
SoFi Technologies, Inc. provides digital financial services. The company was founded in 2011 and is headquartered in San Francisco, California. Sofi Technologies operates under Credit Services classification in the United States and is traded on NASDAQ Exchange. The company has 1.07 B outstanding shares of which 189.47 M shares are at this time shorted by private and institutional investors with about 4.43 trading days to cover. More on SoFi Technologies

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SoFi Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Global PresidentAaron Webster
Business ConcentrationConsumer Finance, Financial Services, Financials, Consumer Finance, Credit Services, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.06480.0682
Notably Down
Slightly volatile
Gross Profit Margin0.460.4672
Fairly Down
Slightly volatile
Net DebtB1.7 B
Way Up
Slightly volatile
Total Current Liabilities24.2 M25.5 M
Notably Down
Pretty Stable
Non Current Liabilities Total25.7 B24.5 B
Sufficiently Up
Slightly volatile
Total Assets16.3 B30.1 B
Way Down
Slightly volatile
Total Current Assets2.1 B3.8 B
Way Down
Slightly volatile
Debt Levels
SoFi Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand SoFi Technologies' financial leverage. It provides some insight into what part of SoFi Technologies' total assets is financed by creditors.
Liquidity
SoFi Technologies currently holds 5.36 B in liabilities with Debt to Equity (D/E) ratio of 0.86, which is about average as compared to similar companies. SoFi Technologies has a current ratio of 2.2, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about SoFi Technologies' use of debt, we should always consider it together with its cash and equity.

Net Borrowings

1.26 Billion
SoFi Technologies (SOFI) is traded on NASDAQ Exchange in USA. It is located in 234 1st Street, San Francisco, CA, United States, 94105 and employs 4,400 people. SoFi Technologies is listed under Consumer Finance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.64 B. SoFi Technologies conducts business under Consumer Finance sector and is part of Financials industry. The entity has 1.07 B outstanding shares of which 189.47 M shares are at this time shorted by private and institutional investors with about 4.43 trading days to cover. SoFi Technologies currently holds about 935.16 M in cash with 551.87 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.01.
Check SoFi Technologies Probability Of Bankruptcy
Ownership Allocation
SoFi Technologies shows a total of 1.07 Billion outstanding shares. 30% of SoFi Technologies outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that on March 29, 2024, Senator Thomas R Carper of US Senate acquired under $15k worth of SoFi Technologies's common stock.
Check SoFi Ownership Details

SoFi Technologies Historical Income Statement

As of now, SoFi Technologies' Interest Income is increasing as compared to previous years. The SoFi Technologies' current Gross Profit is estimated to increase to about 2.2 B, while Net Loss is projected to decrease to (302.8 M). View More Fundamentals

SoFi Stock Against Markets

SoFi Technologies Corporate Management

Chad BortonGroup EVPProfile
Katie WellsExecutive MemberProfile
Anthony NotoCEO DirectorProfile
Robert LavetGeneral SecretaryProfile
Stephen SimcockGeneral CounselProfile
Diane TuckerSenior OperationsProfile
Lauren WebbChief OfficerProfile

Additional Information and Resources on Investing in SoFi Stock

When determining whether SoFi Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SoFi Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sofi Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sofi Technologies Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoFi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in SoFi Stock please use our How to Invest in SoFi Technologies guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SoFi Technologies. If investors know SoFi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SoFi Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.22)
Revenue Per Share
2.37
Quarterly Revenue Growth
0.209
Return On Assets
(0)
Return On Equity
(0.02)
The market value of SoFi Technologies is measured differently than its book value, which is the value of SoFi that is recorded on the company's balance sheet. Investors also form their own opinion of SoFi Technologies' value that differs from its market value or its book value, called intrinsic value, which is SoFi Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SoFi Technologies' market value can be influenced by many factors that don't directly affect SoFi Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SoFi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SoFi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SoFi Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.