Sofi Stock Price Prediction/Forcast (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | SoFi Technologies Inc Financial, Fundamentals, Future Plans and more
The pace at which the financial sector is growing, investors say that investing in companies in this sector can be beneficial. There is such a company named Sofi Technologies Limited which works to provide financial services with the help of technology.
Many investors have already invested money in its shares and many are looking to invest, they need to make sure whether their prices will increase in future or not.
Hey friends I am Sachin a finance enthusiast and author of this blog, and I have brought you the best analysis of SoFi Technologies. First of all we will analyze it well after that we will try to get Sofi Stock Price Prediction. So stay tuned till the end of the blog, so let’s get started.
About Sofi Technologies
Sofi Technologies is a company that provides a range of financial services, including student loan refinancing, personal loans, and investment products. The company uses technology to streamline the application and approval process for these services, making it easier for customers to access the financial products they need.
The CEO of this company is San Francisco and this company is headquartered inSan Francisco, California, U.S. Some of the specific technologies that Sofi uses include machine learning algorithms to assess creditworthiness and automated investment tools to help customers manage their portfolio.
SoFi offers many services such as Personal Loans, Investing, Student loan refinancing, Mortgage loans, Life insurance, Cryptocurrency, Wealth management, Checking account and debit card etc. In addition to these products and services, SoFi also offers a variety of educational resources to help individuals make informed financial decisions and improve their overall financial wellness.
Also Read – SNDL Stock Forecast
Sofi Financial Trends
If we talk about the Revenue and Profit of SoFi then –
Its revenue in 2021 has been ₹ 0 Cr and profit is ₹ -55.77 Cr. There was a revenue of ₹ 4,698 Cr in 2019 and a profit of ₹ -484 Cr.
Sofi Fundamentals
| Market Cap | $4.47 B |
| EPS | -0.09$ |
| ROE | -7.85% |
| P/E Ratio | -11.4 |
| Book Value | 5.65 |
| Dividend Yield | N/A |
| Debt | $4.61 B |
| Debt To Equity | 0.88 |
Sofi Stock Price Prediction/Forecast 2023 – 2030 Table
| Year | Sofi Stock Price Prediction/Forecast |
|---|---|
| 2023 | $5.6 |
| 2024 | $7.9 |
| 2025 | $11 |
| 2026 | $15.1 |
| 2027 | $19.40 |
| 2028 | $26.43 |
| 2029 | $35 |
| 2030 | $40 |
Also Read – Flight Centre Share Price Prediction
Sofi Stock Price Prediction 2023
Sofi Stock Price Prediction for the year 2023 can be $5.6 and higest price can go upto $5.8.
Sofi Stock Price Prediction 2024
Sofi Stock Price Prediction for the year 2024 can be $7.9 and higest price can go upto $8.4.
Sofi Stock Price Prediction 2025
Sofi Stock Price Prediction for the year 2025 can be $11 and higest price can go upto $12.
Sofi Stock Price Prediction 2030
Sofi Stock Price Prediction for the year 2030 can be $40 and higest price can go upto $60.
Is sofi technologies a good stock to buy?
Due to the bad condition of the company, investing in it can be a bit risky. Sofi Technologies has given negative returns of -63% from January 2022 to January 2023 and -20% in the last 6 months. This may also happen because it had the highest loss of 484 crores in 2022, while in 2021 it had a loss of -55.77 crores, also its fundamentals are equally bad.
The company currently has an ROE of -7.85% and an EPS of -0.09$. Having negative ROE and EPS of such a company does not bode well, so many investors prefer to stay away from such stocks. Also, its P/E ratio is negative -11.4, so why would anyone want to invest in such a company? There are many other companies related to the financial sector which are performing well and their technical aspects is also very good.
So keeping all these in mind, it is decided that investing in it can be risky at present. But if the fundamentals of the company are positive and it comes in profit, then we can think of investing in it.
For more details and better understanding about the Sofi Technologies Limited share watch this video till end. (Sofi Stock Price Prediction)
Conclusion
What do you think friend? Should we invest in it? And if we should invest then why should we do it? Tell your opinion in the comment so that we can give better content to the readers.
So in such a situation it becomes a bit difficult to tell whether it will be right to invest in it or not. Currently the Sofi Stock is coming down from its all time high and it is a bit difficult to tell how much further it will fall. I hope we have like reading this article, if possible please share it as much as possible.
The Sofi Stock Price Prediction/Forecast 2023, 2024, 2025, 2026, 2030 that has been told on the basis of technical analysis and its technical time keeps on changing from time to time. That’s why this price target is not accurate, if you invest in it, do it on the basis of your research and never invest due to greed.
Thankyou for reading this article i.e. Sofi Stock Price Prediction and don’t forget to share it with your friends as much as possible.
FAQs
Is SoFi Technologies a debt free company?
No, the SoFi Technologies has a debt of $4.61.Billion and its debt to equity ratio is 0.88.
What will be the share price of SoFi Technologies in 2025?
According to our forecasted price, we can get to see share price of SoFi Technologies in 2025 of $11 to $12.
What will be the share price of SoFi Technologies in 2030?
According to our analysis, we can get to see share price of SoFi Technologies in 2030 of $40 to $60.
Also Read –
DISCLAIMER – Stock Market Investment are subject to market risks, read all scheme related documents carefully before investing.
