SoFi Technologies (SOFI) Projected to Post Earnings on Tuesday

SoFi Technologies (NASDAQ:SOFI - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $739.93 million for the quarter. SoFi Technologies has set its Q1 2025 guidance at 0.030-0.030 EPS and its FY 2025 guidance at 0.250-0.270 EPS.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last announced its quarterly earnings results on Monday, January 27th. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.04 by $0.01. SoFi Technologies had a net margin of 18.64% and a return on equity of 3.82%. During the same quarter in the previous year, the business earned $0.04 earnings per share. On average, analysts expect SoFi Technologies to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SoFi Technologies Price Performance

Shares of SOFI stock traded up $0.57 during trading hours on Friday, hitting $12.88. The company had a trading volume of 70,369,645 shares, compared to its average volume of 46,597,606. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.18 and a current ratio of 0.49. The firm has a market capitalization of $14.12 billion, a price-to-earnings ratio of 34.81, a PEG ratio of 2.24 and a beta of 1.86. SoFi Technologies has a 12 month low of $6.01 and a 12 month high of $18.42. The firm's fifty day moving average is $12.20 and its 200 day moving average is $13.61.

Insiders Place Their Bets

In other SoFi Technologies news, CTO Jeremy Rishel sold 68,625 shares of the business's stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $12.64, for a total transaction of $867,420.00. Following the transaction, the chief technology officer now owns 655,118 shares of the company's stock, valued at $8,280,691.52. The trade was a 9.48 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Kelli Keough sold 11,181 shares of the stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $10.71, for a total value of $119,748.51. Following the completion of the sale, the executive vice president now directly owns 215,029 shares of the company's stock, valued at approximately $2,302,960.59. The trade was a 4.94 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 100,172 shares of company stock valued at $1,271,115 in the last quarter. 2.60% of the stock is currently owned by insiders.

Institutional Trading of SoFi Technologies

An institutional investor recently raised its position in SoFi Technologies stock. Brighton Jones LLC increased its position in SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 2.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 719,288 shares of the company's stock after purchasing an additional 14,281 shares during the quarter. Brighton Jones LLC owned approximately 0.07% of SoFi Technologies worth $11,077,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 38.43% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on SOFI shares. JMP Securities started coverage on shares of SoFi Technologies in a report on Friday. They issued a "market outperform" rating and a $17.00 target price on the stock. Citizens Jmp assumed coverage on shares of SoFi Technologies in a research note on Friday. They issued an "outperform" rating and a $17.00 target price for the company. Keefe, Bruyette & Woods restated an "underperform" rating and set a $8.00 price target (up from $7.00) on shares of SoFi Technologies in a research report on Thursday, January 2nd. William Blair reiterated an "outperform" rating on shares of SoFi Technologies in a research report on Friday, January 24th. Finally, Needham & Company LLC lifted their price target on SoFi Technologies from $13.00 to $20.00 and gave the company a "buy" rating in a report on Tuesday, January 28th. Four analysts have rated the stock with a sell rating, six have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, SoFi Technologies currently has an average rating of "Hold" and an average price target of $13.10.

About SoFi Technologies

SoFi Technologies, Inc provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.