SoFi Technologies, Inc. (SOFI) Stock Forecast & Price Prediction 2024, 2025, 2030, 2040, and 2050
Discover latest SoFi Technologies, Inc. (SOFI) short-term stock forecast for year 2024, month by month, and long-term SOFI price prediction for years 2024 to 2050. Check SOFI historical stock performance, analyst ratings (Buy, Sell, or Hold), and stay updated with the latest SOFI news and headlines.
1 Month Prediction
$14.23 [0.00%]
3 Month Prediction
$13.35 [-6.25%]
6 Month Prediction
$10.17 [-28.54%]
1 Year Prediction
$10.98 [-22.89%]
3 Year Prediction
$11.31 [-20.58%]
5 Year Prediction
$11.53 [-18.99%]
About SoFi Technologies, Inc.
About SoFi Technologies Inc
SoFi Technologies, a fintech company, offers digital financial services and products to its members. Established in 2011 and based in San Francisco, SoFi has grown to become a prominent next-generation financial services platform.
Initially, SoFi focused on refinancing student loans. However, it has since broadened its services to include personal loans, mortgages, credit cards, investing, and banking. The company’s mission is to assist early-stage professionals in enhancing their financial success through a range of lending, wealth management, and cash management solutions.
With over 3.5 million members, SoFi aims to establish a significant financial services brand tailored for young professionals. Also, the company is harnessing technology to craft innovative products and enhance the customer experience.
SoFi Technologies, Inc. (SOFI) Historical Performance
IPO Date
SoFi Technologies, Inc. (NASDAQ:SOFI) went public on 01 June, 2021.
Change
Since inception, SOFI has fallen from $15.81 to $14.23, a minor -9.96% decrease since 2021.
Historical Highs and Lows
In the past 3 years, the stock reached a high of $15.81 and a low of $4.61.
52 Week Range
$6.01
$14.44
The current price $14.24 is near the 52-week high, which means that the stock is overbought.
SOFI Stock Price History
Based on SOFI stock's historical price data, this table shows how the stock has performed in the last 3 years. Since 2021, the SOFI stock has fallen from $4.61 - $12.48 to $6.61 - $14.23, which is down -51.09%. Currently, the stock follows downward trend.
Here, we have calculated stock range of SOFI, indicating the highs and lows for each year, the average price based on the daily closing prices each year, and the change% from the average price.
| Year | Stock Price | Avg Price | Change% | Year Change |
|---|---|---|---|---|
| 2022 | $4.61 - $12.48 | $7.02 | -59.46 | 1 Year Change |
| 2023 | $6.07 - $11.45 | $7.83 | -54.79 | 2 Year Change |
| 2024 | $6.61 - $14.23 | $8.47 | -51.09 | 3 Year Change |
SOFI Price Performance
6-Month Performance
SOFI stock jumped by 115.36% in the last six months.
1-Year Performance
The stock has trended upwards by 43.07% in the past year.
3-Year Performance
In the last 3 years, the stock has plummeted by 9.96%.
5-Year Performance
In the last 5 years, the stock has gone down by 22.76%.
According to SoFi Technologies, Inc.'s historical data, below graph gives us the exact picture of how the SOFI stock has performed year-over-year. Here, Each bar on the graph represents a particular year that illustrates how the stock's price changed from one year to the next.
YoY Performance
In the last five years, the stock has shown positive growth in 1 year and a decline in 1 year.
2022
70.84% ↓
2023
115.84% ↑
NOTE: Green bars indicate that the stock has risen compared to the previous year, while red bars show that the stock has fallen.
SoFi Technologies, Inc. (SOFI) Financials & Stock Analysis
Total Revenue
Quarterly Revenue: $598.62 M (Q2)
Revenue for Q2 ending 30th June, 2024 increased 2.19% compared to Q1 ending 31st March, 2024.
Annual Revenue: $2.32 B (1Y)
Revenue for trailing 12 months increased 10.16% year over year from 31st December, 2023.
Market Capitalization
SoFi Technologies, Inc. has a market capitalization of $15.46B, which places SOFI in the large-cap category.
Fundamental Analysis
EPS: $0.01 (Q2), $-0.36 (1Y)
EPS decreased 87.50% since last quarter, and decreased 10.00% since last year.
Net Income: $17.40 M (Q2), $-300.74 M (1Y)
Net Income decreased 80.23% since last quarter, and decreased 6.14% since last year.
Free Cash Flow: $-523.84 M (Q2), $-7.35 B (1Y)
Free Cash Flow decreased 174.40% since last quarter, and decreased 0.15% since last year.
Net Profit Margin: 2.91% (Q2), -12.95% (1Y)
Net Profit Margin decreased 80.66% since last quarter, and decreased 14.80% since last year.
Below, we have listed 12 key indicators for Fundamental analysis for SOFI stock. These indicators help you understand SoFi Technologies, Inc.'s financial health, earnings and growth potential, and make a decision if the stock is a good long-term investment or not.
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Technical Analysis
Here, we have listed 5 key indicators for Technical Analysis for SOFI stock. These indicators help investors study past price movements and trading volumes to forecast future price changes, and find the right time when to buy, sell or hold the stock.
| Technical Indicators | Value |
|---|---|
| SMA20 | $11.10 |
| SMA50 | $9.20 |
| SMA200 | $7.78 |
| RSI | 80.28 |
| Beta | 1.61 |
SMA20 < Current Price
This signals SOFI stock is in short-term bullish momentum.
SMA50 < Current Price
This signals SOFI stock is in mid-term bullish momentum.
SMA200 < Current Price
This signals SOFI stock is in long-term bullish momentum.
Sentiment Based on Technical Analysis
Based on 8 technical analysis indicators, the overall sentiment for SOFI stock is Bullish. Out of all indicators, 5 indicates bullish signals, 3 signals bearish trends and 1 gives neutral trends. The SOFI stock forecast was last updated on 11 November, 2024.
SoFi Technologies, Inc. (SOFI) Stock Price Prediction and Forecast
According to short-term forecast, the stock is expected to rise to $14.23 by the end of 2024, and can reach around $13.74 to $10.04 in 2025. And, the long-term forecast suggests that the stock may further drop to $11.01 - $12.06 in 2027, and $12.98 - $9.73 by 2030. So, the SOFI stock shows a strong upward trend in the next several years.
Short-term SOFI Stock Price Prediction & Forecast
| Date | Forecasted Price | Change% |
|---|---|---|
| 2024-12 | $14.23 | -0.04% |
In 2024, the SOFI stock price is expected to fluctuate between $14.23 and $14.23. According to the monthly forecast, the stock could drop to $14.23 by December 2024. If compared to the SOFI's current price, the stock could lose -0.04% by the end of this year.
Long-term SOFI Stock Price Prediction & Forecast
| Year | Year Start | Year Mid | Year End | Change% |
|---|---|---|---|---|
| 2025 | $13.74 | $11.12 | $10.04 | -29.47% |
| 2026 | $9.45 | $15.99 | $11.48 | -19.35% |
| 2027 | $11.01 | $10.85 | $12.06 | -15.28% |
| 2028 | $8.68 | $10.46 | $12.31 | -13.52% |
| 2029 | $10.66 | $17.69 | $13.27 | -6.78% |
| 2030 | $12.98 | $14.54 | $9.73 | -31.65% |
| 2031 | $15.62 | $10.57 | $13.98 | -1.79% |
| 2032 | $12.47 | $11.93 | $10.65 | -25.18% |
| 2033 | $16.45 | $10.42 | $17.19 | 20.76% |
| 2034 | $9.62 | $10.13 | $10.09 | -29.12% |
| 2035 | $10.36 | $12.97 | $14.72 | 3.41% |
| 2036 | $10.38 | $9.16 | $9.62 | -32.42% |
| 2037 | $13.04 | $12.93 | $12.68 | -10.92% |
| 2038 | $12.38 | $11.74 | $15.80 | 10.99% |
| 2039 | $11.79 | $16.43 | $10.42 | -26.8% |
| 2040 | $11.76 | $11.73 | $13.43 | -5.66% |
| 2041 | $17.42 | $13.79 | $16.66 | 17.04% |
| 2042 | $10.53 | $13.32 | $10.66 | -25.11% |
| 2043 | $14.08 | $13.28 | $16.69 | 17.25% |
| 2044 | $13.20 | $17.63 | $16.17 | 13.59% |
| 2045 | $15.83 | $12.30 | $15.68 | 10.15% |
| 2046 | $12.62 | $16.26 | $15.07 | 5.87% |
| 2047 | $16.11 | $13.87 | $12.82 | -9.94% |
| 2048 | $13.52 | $10.75 | $18.28 | 28.42% |
| 2049 | $13.26 | $7.25 | $13.26 | -6.85% |
| 2050 | $14.18 | $12.58 | $8.93 | -37.27% |
SoFi Technologies, Inc. (SOFI) Stock Price Prediction & Forecast 2024 - 2025
At the start of 2024, the SOFI stock was at $7.83. Today, it is trading at $14.23, which is 81.80% increase from price at the beginning of the year. By the end of this year, you can expect the stock to fall to by December 2024 with a -0.04% change.
In early 2025, the SOFI price is expected to descend from $14.23 to $13.74, a change of -3.50% from the current price. By mid-2025, the stock may move down by -19.07% on $11.12 and end the year at $10.04, which is -29.47% compared to today's price.
SoFi Technologies, Inc. (SOFI) Stock Price Prediction & Forecast 2026 - 2030
In the next five years, there will be a significant appreciation in the SOFI stock. During this period, the SOFI's price is forecasted to shift from $9.45 to $9.73, which is 2.96% gain.
In 2026, the stock would possibly open at $9.45, escalates to $15.99 by mid-year, and wraps up at $11.48, reflecting a decrease from today's price. Further moving to 2030, the stock can kick off the year at $12.98, soar to $14.54 by mid-year, and finish at $9.73, which is -31.62% change from current price.
SoFi Technologies, Inc. (SOFI) Stock Price Prediction & Forecast 2031 - 2040
During this period, the stock would move from $15.62 to $13.43, which is down -1.79%
In 2031, we can expect SOFI to fluctuate between $13.98 and $15.62, a shift indicating a -1.79% loss by year-end compared to current price. And Until 2040, SOFI can likely vary from $11.76 to $13.43. By the end of 2040, the stock could record a -5.68% fall from today's stock price.
SoFi Technologies, Inc. (SOFI) Stock Price Prediction & Forecast 2041 - 2050
According to long-term forecast, the SOFI stock can see an a downturn from $17.42 to $8.93 in this period. In 2041, the stock can experience a low of $13.79 by mid-year, closing the year at $16.66. This results in a -3.13% decrease from today.
Moving towards the end of 2050, SOFI is projected to open the year at $14.18. The stock may dip to $12.58 during mid-year and finish the year at $8.93. Compared to the stock's current price, this translates to an overall loss of -37.28% by 2050.
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SOFI : Buy, Sell Or Hold?
Analyst Ratings
Based on 1 analysts, 0 rated as a strong buy, 0 recommended a buy, 0 suggested a hold, 0 advised a sell, and 1 indicated a strong sell. Three months ago, out of 16 analysts, 2 analysts gave a strong buy rating, 2 a buy rating, 10 a hold rating, 0 advised selling, and 2 suggested a strong sell. So, according to analyst ratings, the recommendation for SOFI stock is Sell.Expert Analysis
According to SOFI short-term and long-term forecast, SoFi Technologies, Inc. shares are projected to go down by 37.27%, and reach a value of $8.93 per share by 2050.
As per technical analysis, indicators show a Bullish sentiment, while Fear & Greed Index stands at 85.71428571428571, which signals Greed. Also, SOFI has recorded 12/30 green days, which reflects a 57.14285714285714% positivity rate with a price volatility of 0.04%.
Plus, Price-to-Earnings (P/E) ratio of 118.708336 suggests that SOFI stock is overvalued. So, Based on SOFI prediction and analysis, it may be the best time to hold SOFI stock right now.
Disclaimer: Stock predictions, forecasts and price targets provided for "SOFI” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.