Beyond The Numbers: 8 Analysts Discuss SoFi Techs Stock
Portfolio Pulse from Benzinga Insights
Eight analysts have recently shared their views on SoFi Technologies (NASDAQ:SOFI), with opinions ranging from bullish to bearish. The 12-month price targets show an average of $8.38, down from $10.00, with a high of $12.00 and a low of $3.00. Analyst actions include both downgrades and maintenance of ratings, reflecting changing market dynamics and company performance. SoFi, a financial-services company, has shown notable revenue growth and a strong net margin but faces challenges in ROE and ROA. Its market capitalization is below the industry average, and it has a healthy debt-to-equity ratio.

March 26, 2024 | 4:01 pm
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NEUTRAL IMPACT
SoFi Technologies has received mixed analyst ratings, with a revised average 12-month price target of $8.38. The company has demonstrated significant revenue growth and a strong net margin but faces challenges in ROE and ROA.
The mixed analyst ratings and the adjustment of the average price target to $8.38 from $10.00 reflect a cautious but not entirely negative outlook on SOFI. The company's strong revenue growth and net margin are positive indicators, but the challenges in ROE and ROA, along with a below-average market capitalization, suggest potential hurdles ahead. The overall neutral score is due to these balancing factors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100