Hello and welcome back to sharekingz.com. If you’ve invested in SoFi stock or are thinking about it, this page is crucial for you. I’ve provided a SoFi stock forecast for 2024, 2025, 2026, and all the way up to 2050.
Beyond stock price predictions, I’ve included important details such as fundamental analysis and factors that could influence the stock price. Simply pay attention while reading the blog post.
This will not only help you analyze SoFi but also any stock in the world because the metrics are the same for every equity. Only the numbers and conditions change. Let’s not delay any further—let’s get started.
Also Check: AITX Stock Forecast
About Sofi
SoFi, which stands for Social Finance Technologies Inc., is a financial services company established in 2011 and currently headquartered in San Francisco. While it initially gained recognition for refinancing student loans, the company has broadened its offerings to encompass personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning.
SoFi aims to serve as a comprehensive solution for its clients’ financial needs, operating exclusively through its mobile app and website. Following its acquisition of Galileo in 2020, the company has expanded its services to include payment and account management for debit cards and digital banking.
SoFi’s lending services cover personal loans, student loans, home loans, and loan refinancing. Additionally, the company provides investment services for cryptocurrencies and stocks, banking services, credit score monitoring, and insurance services.
SoFi Stock Fundamental Analysis
Data As Of 20th November 2023
Current Market Price | $6.83 |
Market Cap | $6.548B |
EPS | -0.45 |
P/E Ratio | NA |
Book Value | $5.28 |
52 Week High | $11.70 |
52 Week Low | $4.24 |
Dividend Yield | NA |
ROE | -7.15% |
Institutional Ownership | 37.14% |
SoFi Technologies is a fintech company, and its business model is explained in the section above. It currently maintains a debt-to-equity ratio of 1.18. Over the past five years, SoFi has demonstrated an impressive compounded annual sales growth rate of 20.80%, a positive indicator. The company boasts operating margins of 18.81% and gross margins of 60.34%, but it does have a negative return on investment (ROI) at -3.81%.
SoFi’s remarkable revenue and customer growth rates are noteworthy, and the company consistently updates its guidance. While the overall outlook for the company appears positive, its profitability is a point of concern, a common challenge for many new-age companies.
Despite this, investing in SoFi could be intriguing, especially when compared to its peer fintech companies. However, it’s crucial not to base your investment decisions solely on others’ advice. Conduct your own analysis and invest according to your risk tolerance.
SoFi Stock Forecast 2024 to 2050
Various brokerage houses offer differing opinions on the SoFi stock forecast. Barclays set a target of $8, Morgan Stanley upgraded the SoFi stock target price to $7, and Keefe Bruyette provided a target of $7.50. There are several other target prices listed for the near term.
However, it’s important to note that relying solely on stock price predictions from others is not advisable. While you can consider these forecasts, it’s crucial to conduct your own analysis. Invest when you have confidence in your decision, as this approach gives you more control over your portfolio.
To provide you with an insight into SoFi’s share price prediction, I conducted a quick fundamental analysis and forecasted the company’s future numbers. Based on this, I have generated the following target prices for SoFi stock in the upcoming period.
![SoFi Stock Forecast 2024 to 2050](https://sharekingz.com/wp-content/uploads/2023/11/sofi-stock-forecast-1024x588.webp)
Year | SoFi Stock Forecast |
2024 | $10 |
2025 | $12 |
2026 | $14 |
2027 | $17 |
2028 | $21 |
2029 | $26 |
2030 | $34 |
2031 | $41 |
2032 | $49 |
2033 | $57 |
2034 | $70 |
2035 | $80 |
2036 | $98 |
2037 | $113 |
2038 | $123 |
2039 | $149 |
2040 | $167 |
2041 | $191 |
2042 | $223 |
2043 | $261 |
2044 | $303 |
2045 | $324 |
2046 | $369 |
2047 | $436 |
2048 | $510 |
2049 | $566 |
2050 | $628 |
Factors Affecting SoFi Stock Price in Future
Revenue and Earnings
Investors keep a close eye on how well SoFi is doing financially, like how much money it’s making and its profits. If SoFi does well, it makes investors feel more confident, and that can make the stock prices go up.
Interest Rates
If interest rates go up, it can cost SoFi more money to borrow, and that might affect how much profit they make. Higher interest rates could make it more expensive for them to run their lending and financial services.
Regulatory Changes
SoFi has to follow rules because of regulations in the financial industry. If these rules change, especially the ones about online banking and lending, it can really affect how SoFi does its business and how much it costs them to follow the rules.
Competitive Landscape
SoFi is in a market where many companies compete. If more companies start competing or new ones join, it might affect how much of the market SoFi has and how much they can charge for their services. This could also influence their stock price.
Customer Acquisition
It’s important for SoFi that more people use their services and stay interested. If lots of people start using SoFi and keep using it, investors see that as a good sign, and it can make the investors feel positive about SoFi.
Technology & Innovation
SoFi needs to be good at trying new things and using new technology. If they can do this well, it makes them more competitive. Using new technology to make things better for users or to stay ahead of others can make investors feel good about SoFi, and that can make the stock price go up.
Economic Conditions
How well SoFi does can be affected by how the country is doing overall. If the economy is growing, not many people are out of work, and people feel good about spending money, it usually helps companies like SoFi that provide financial services.
Loan Performance
The kind of loans SoFi gives out, like if people can’t pay them back or are late, can impact how well SoFi is doing financially. Investors pay close attention to these details to understand the risks involved with SoFi’s loans.
Before deciding to invest in something, investors should carefully look into all the important details, like the ones mentioned here. Also, it’s good to remember that the stock market can be a bit unpredictable, and unexpected things can affect how prices go up or down.
FAQs Related to SoFi Stock Price Prediction
Is SoFi stock a good investment?
At present, SoFi is experiencing losses. While this might seem unfavorable, considering its status as a modern company, there’s potential for profitability in the future. Ultimately, your investment decisions should align with your risk management strategies and investment objectives.
Who is the CEO of SoFi?
Anthony J. Noto is the CEO and Director of teh SoFi Technologies Inc.
Conclusion:
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Disclaimer: We are not legal investment advisors. Information on this website is for learning purpose only. It should never be considered as investment or trading recommendation.
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