SoFi Technologies Stock Price Prediction & Forecast 2025, 2026, 2027 to 2030: Today, we analyze SoFi Technologies stock price predictions for 2025, 2026, 2027, and 2030. As a prominent fintech player, SoFi’s growth is driven by the shift towards digital banking and personal finance. Its diverse offerings in loans, investing, and banking position it well for long-term growth, though its performance will depend on market conditions, competition, and regulatory factors in the fintech sector.
Overview of SoFi Technologies, Inc.
What is SoFi Technologies?
SoFi Technologies, Inc. is a leading fintech company based in the United States, specializing in digital financial services. Founded in 2011 by Mike Cagney, Dan Macklin, James Finnigan, and Ian Brady, and headquartered in San Francisco, SoFi offers a wide range of products, including student loans, personal loans, mortgages, investing, and banking services. With a strong focus on technology-driven financial solutions, SoFi aims to provide a seamless and integrated experience for its members, positioning itself as a disruptor in the traditional financial services industry.
Key Features of SoFi Technologies:
- Business Model: SoFi operates primarily as a digital banking and personal finance company, offering a comprehensive suite of financial products.
- Core Offerings: The company’s services include student and personal loans, mortgage solutions, investment products, and a mobile banking platform.
- Market Position: SoFi is a prominent player in the U.S. fintech sector, with strong growth potential as digital financial services gain traction.
- Revenue and Scale: SoFi has seen significant revenue growth in recent years, driven by its expanding user base and product offerings.
- Innovative Technology: SoFi leverages cutting-edge technology, including artificial intelligence and machine learning, to personalize financial products and enhance customer experience.
Information about SoFi Technologies
| Information | Details |
|---|---|
| Website | sofi.com |
| Operator | SoFi Technologies, Inc. |
| Founded | 2011 |
| Founders | Mike Cagney, Dan Macklin, James Finnigan, Ian Brady |
| CEO | Anthony Noto |
| Headquarters | San Francisco, California |
| Number of Employees | 2,100+ (2024) |
| Revenue | $1.5 billion (2023) |
| Subsidiaries | SoFi Bank, SoFi Invest, Galileo Financial Technologies |
| Stock Symbol (NASDAQ) | SOFI |
| Key Focus Areas | Digital banking, personal finance, lending, investment products |
Current Market Position of SoFi Technologies, Inc. Stock
As of November 2024, SoFi Technologies’ stock has shown strong performance. It has increased by +1.72% today and gained +0.26% over the past week. Over the past month, the stock has risen by +35.76%, and over the past six months, it has surged by +91.43%. Year to date, the stock has grown by +41.24%, while in the past year, it has seen an impressive increase of +103.13%. Overall, SoFi Technologies has achieved a solid growth of +30.93% since its inception.
SoFi Technologies, Inc. Stock Fundamental Data
- Open: $13.22
- Day Range: $13.08 – $13.70
- 52-Week Range: $6.01 – $14.44
- Market Cap: $14.54B
- Shares Outstanding: 1.09B
- Public Float: 1.03B
- Beta: 1.94
- Revenue per Employee: $824.84K
- P/E Ratio: 115.22
- EPS: $0.12
- Dividend Yield: N/A
- Dividend: N/A
- Ex-Dividend Date: N/A
- Short Interest: 162.31M (as of 10/31/24)
- % of Float Shorted: 15.74%
- Average Volume: 50.34M
The Market Position of SoFi Technologies, Inc. Stock as of November 2024
| Time | Returns of SoFi Stock |
|---|---|
| Today | +0.23 (1.72%) |
| Past 5 Days | +0.04 (0.26%) |
| Past Month | +3.59 (35.76%) |
| Past 6 Months | +6.51 (91.43%) |
| Year to Date | +3.98 (41.24%) |
| Past Year | +6.92 (103.13%) |
| Past 5 Years | +3.22 (30.93%) |
| All Time | +3.22 (30.93%) |
SoFi Technologies, Inc. Stock Price Target in 2024, 2025, 2026, 2027, 2028, 2029, 2030
SoFi Technologies, Inc. Stock Price Target in 2024
The stock price target for SoFi in 2024 is projected at $8, with a maximum target of $13, reflecting a modest increase from current levels.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | $8 | $13 |
SoFi Technologies, Inc. Stock Price Target in 2025
The stock price target for SoFi in 2025 is projected at $10, with a maximum target of $15, reflecting a solid growth of +34.73% from its current levels.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | $10 | $15 |
SoFi Technologies Stock Price Target in 2026
In 2026, the stock price target for SoFi is expected to reach $11, with a maximum target of $16, marking a +51.86% increase driven by market growth and innovation in the fintech sector.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | $11 | $16 |
SoFi Technologies Stock Price Target in 2027
For 2027, SoFi’s stock price target is projected at $13, with a maximum target of $18, reflecting a +71.88% growth as the company expands its market share and diversifies its offerings.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | $13 | $18 |
SoFi Technologies Stock Price Target in 2028
By 2028, SoFi’s stock price target is estimated at $14, with a maximum target of $19, reflecting a +95.19% increase driven by continued growth in the financial services and technology sectors.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | $14 | $19 |
SoFi Technologies Stock Price Target in 2029
In 2029, the stock price target for SoFi is projected to reach $16, with a maximum target of $21, indicating a +121.29% increase as the company solidifies its position as a major fintech player.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | $16 | $21 |
SoFi Technologies Stock Price Target in 2030
For 2030, SoFi’s stock price target is expected to rise to $18, with a maximum target of $23, representing strong growth as the company expands globally and continues innovating in its space.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | $18 | $23 |
Financial Health and Performance Analysis of SoFi Technologies, Inc. (FY 2024 – FY 2023)
Sept 2024
| Metric | Sept 2024 | Y/Y Growth |
|---|---|---|
| Revenue | $69.11 Cr | +34.1% |
| Net Income | $6.07 Cr | +122.78% |
| Diluted EPS | $0.05 | +117.24% |
| Net Profit Margin | 8.79% | +116.99% |
| Operating Income | $6.39 Cr | +423.25% |
| Net Change in Cash | $23.81 Cr | +216.67% |
| Cash on Hand | – | – |
| Cost of Revenue | $12.37 Cr | +25.91% |
Jun 2024
| Metric | Jun 2024 | Y/Y Growth |
|---|---|---|
| Revenue | $58.7 Cr | +20.93% |
| Net Income | $1.74 Cr | +136.6% |
| Diluted EPS | $0.01 | +116.67% |
| Net Profit Margin | 2.96% | +130.2% |
| Operating Income | $1.6 Cr | +132.46% |
| Net Change in Cash | -$141.63 Cr | +370.48% |
| Cash on Hand | – | – |
| Cost of Revenue | $10.97 Cr | +16.85% |
Mar 2024
| Metric | Mar 2024 | Y/Y Growth |
|---|---|---|
| Revenue | $63.78 Cr | +37.53% |
| Net Income | $8.8 Cr | +355.78% |
| Diluted EPS | $0.02 | +140% |
| Net Profit Margin | 13.8% | +285.98% |
| Operating Income | $9.42 Cr | +361.31% |
| Net Change in Cash | $53.23 Cr | +52.94% |
| Cash on Hand | – | – |
| Cost of Revenue | $10.01 Cr | +19.25% |
Dec 2023
| Metric | Dec 2023 | Y/Y Growth |
|---|---|---|
| Revenue | $60.33 Cr | +36.58% |
| Net Income | $4.79 Cr | +219.76% |
| Diluted EPS | $0.03 | +160% |
| Net Profit Margin | 7.94% | +187.64% |
| Operating Income | $5.12 Cr | +237.98% |
| Net Change in Cash | $31.86 Cr | +45.53% |
| Cash on Hand | – | – |
| Cost of Revenue | $10.39 Cr | +28.94% |
Analysis Summary:
- Revenue Performance: SoFi’s revenue showed strong year-over-year growth, with the most significant increase occurring in Sept 2024 at +34.1%. This is attributed to robust demand for their financial products and services.
- Net Income Growth: Net income experienced significant growth across all quarters, with Mar 2024 showing a remarkable +355.78% increase, reflecting strong operational efficiency.
- Earnings per Share (EPS): Diluted EPS showed impressive growth in each quarter, with Sept 2024 leading at a +117.24% increase, indicating a substantial rise in profitability.
- Profitability Metrics: Net profit margin reached 13.8% in Mar 2024, a sharp increase from the previous year, driven by optimized costs and higher operational income.
- Operating Income: Operating income surged dramatically, with Sept 2024 showing a +423.25% increase, indicating substantial improvements in business operations.
- Cash and Expenses: Despite fluctuations in cash on hand, SoFi managed a significant +216.67% increase in net change in cash by Sept 2024, reflecting good liquidity management.
How to Buy SoFi Stocks:
- Choose a Broker: Select a brokerage platform that offers SoFi stocks.
- Open a Trading Account: Set up a trading and Demat account with the selected broker.
- Complete KYC: Submit required documents for identity verification.
- Deposit Funds: Fund your account with the desired amount for investment.
- Search for SoFi Stocks: Locate SoFi stocks on the broker’s platform.
- Place an Order: Enter the number of stocks you wish to purchase and select order type (market/limit).
- Confirm Purchase: Review and confirm your order before completing the purchase.
- Monitor Investment: Track your investment and adjust your portfolio as needed.
SoFi Technologies, Inc. Stock Price Target for the Next 5 Years
SoFi Technologies is on track for steady growth, driven by its expanding presence in the fintech sector and its diverse financial services offerings. As the company continues to innovate and capture a larger market share, its stock price is expected to experience consistent upward momentum.
| Year | Minimum Target ($) | Maximum Target ($) |
|---|---|---|
| 2024 | $8 | $13 |
| 2025 | $10 | $15 |
| 2026 | $11 | $16 |
| 2027 | $13 | $18 |
| 2028 | $14 | $19 |
Shareholding Pattern of SoFi Technologies, Inc.
Promoters:
- Percentage: 10.00%
- % Change QoQ: 0.00%
Pledge:
- Percentage: 0.00%
- % Change QoQ: 0.00%
Foreign Institutional Investors (FII):
- Percentage: 5.35%
- % Change QoQ: +0.20%
Domestic Institutional Investors (DII):
- Percentage: 3.20%
- % Change QoQ: -0.10%
Mutual Funds (MF):
- Percentage: 1.25%
- % Change QoQ: +0.05%
Pros of SoFi Technologies, Inc.:
- Growing Institutional Support: Increasing FII and DII investments reflect a strong institutional confidence in SoFi’s market potential and business model.
- Diversified Fintech Offerings: SoFi’s broad portfolio in digital banking, lending, and investment services positions it well for long-term growth in the fintech space.
- Innovation and Expansion: SoFi continues to innovate and expand its services, providing opportunities for increased customer acquisition and revenue generation.
Cons of SoFi Technologies, Inc.:
- Limited Promoter Ownership: A relatively low promoter holding may raise concerns over the alignment of interests between management and shareholders.
- Market Volatility: As a fintech company, SoFi is susceptible to market fluctuations and changes in investor sentiment, which can impact stock performance.
- Regulatory Risks: Operating in the financial services sector exposes SoFi to regulatory changes, which could impact business operations and profitability.
FAQ – SoFi Technologies, Inc.
1. What is SoFi Technologies, Inc.?
SoFi Technologies, Inc. is a leading digital financial services company that offers a broad range of products, including student and personal loans, home loans, credit cards, investment services, and insurance. It operates through a mobile-first platform designed to meet the financial needs of individuals.
2. How does SoFi make money?
SoFi generates revenue through various channels, including interest on loans, fees for financial products (such as personal loans and home loans), asset management fees, and commissions from investment services. The company also earns revenue from membership and subscription fees for premium services.
3. Is SoFi publicly traded?
Yes, SoFi Technologies is publicly traded on the NASDAQ under the ticker symbol “SOFI.” The company went public through a special purpose acquisition company (SPAC) merger in 2021.
4. What are SoFi’s main products?
SoFi offers a wide range of financial products, including:
- Personal loans
- Student loan refinancing
- Home loans and mortgages
- Investment and retirement accounts
- Credit cards
- Insurance products
- Banking services (checking and savings accounts)
5. How can I open an account with SoFi?
To open an account with SoFi, you can sign up through their website or mobile app. You’ll need to provide personal information, financial details, and complete a verification process. Depending on the product, additional documentation may be required.
6. Is SoFi FDIC insured?
Yes, SoFi’s banking services, including savings and checking accounts, are FDIC insured up to the maximum allowed by law, which is $250,000 per depositor.
7. What is SoFi’s mission?
SoFi’s mission is to help people achieve financial independence and realize their ambitions by providing a comprehensive suite of financial products that are easy to use, transparent, and accessible.
8. Does SoFi offer investment services?
Yes, SoFi offers investment services through SoFi Invest, which includes the ability to invest in stocks, exchange-traded funds (ETFs), and cryptocurrencies. SoFi also provides automated investing services (robo-advisory) for a hands-off investment approach.
9. How is SoFi different from traditional banks?
SoFi operates primarily as a digital platform, offering seamless online and mobile experiences for users. Unlike traditional banks, SoFi doesn’t have physical branches, allowing it to provide more competitive interest rates, lower fees, and a greater focus on technological innovation in financial services.
10. What are the risks of investing in SoFi?
Investing in SoFi involves risks, including market volatility, competition in the fintech sector, regulatory risks, and the potential for economic downturns to impact lending activity. As a growth company, SoFi may also face challenges in reaching profitability and maintaining consistent growth.
11. How does SoFi protect my personal information?
SoFi employs industry-standard encryption and security protocols to protect personal and financial data. They also offer two-factor authentication (2FA) for added security on accounts.
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