What's Going On With SOFI Shares Today?
Portfolio Pulse from Vaishali Prayag
SoFi Technologies, Inc. (NASDAQ:SOFI) shares are experiencing a slight decline ahead of their second-quarter earnings report scheduled for tomorrow. Analysts project an EPS of $0 and revenue of $564.59 million. The stock has shown increased volatility with a significant short interest of 18.45%. The average 12-month price target is $8.17, suggesting potential upside.
July 29, 2024 | 7:59 pm
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SoFi Technologies is set to report its Q2 earnings tomorrow, with analysts projecting an EPS of $0 and revenue of $564.59 million. The stock has shown increased volatility and has a significant short interest of 18.45%. The average 12-month price target is $8.17, suggesting potential upside.
The upcoming earnings report is a critical event for SoFi Technologies, and the projections of EPS and revenue will be closely watched by investors. The significant short interest and increased trading volume indicate heightened market activity and potential volatility. The average price target suggests potential upside, but the immediate impact will depend on the actual earnings results and guidance.
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