We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here's Why SoFi Technologies, Inc. (SOFI) Fell More Than Broader Market
Read MoreHide Full Article
In the latest trading session, SoFi Technologies, Inc. (SOFI - Free Report) closed at $26.19, marking a -7.96% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 2.71%. Elsewhere, the Dow saw a downswing of 1.9%, while the tech-heavy Nasdaq depreciated by 3.56%.
The company's shares have seen an increase of 9.59% over the last month, surpassing the Finance sector's gain of 0.28% and the S&P 500's gain of 3.5%.
The investment community will be paying close attention to the earnings performance of SoFi Technologies, Inc. in its upcoming release. The company is slated to reveal its earnings on October 28, 2025. On that day, SoFi Technologies, Inc. is projected to report earnings of $0.08 per share, which would represent year-over-year growth of 60%. In the meantime, our current consensus estimate forecasts the revenue to be $884.61 million, indicating a 28.31% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $0.32 per share and a revenue of $3.44 billion, demonstrating changes of +113.33% and +32.02%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for SoFi Technologies, Inc. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.67% lower. SoFi Technologies, Inc. is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, SoFi Technologies, Inc. is currently trading at a Forward P/E ratio of 89.45. This represents a premium compared to its industry average Forward P/E of 12.29.
Investors should also note that SOFI has a PEG ratio of 3.38 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Financial - Miscellaneous Services industry held an average PEG ratio of 0.98.
The Financial - Miscellaneous Services industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 86, which puts it in the top 35% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Here's Why SoFi Technologies, Inc. (SOFI) Fell More Than Broader Market
In the latest trading session, SoFi Technologies, Inc. (SOFI - Free Report) closed at $26.19, marking a -7.96% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 2.71%. Elsewhere, the Dow saw a downswing of 1.9%, while the tech-heavy Nasdaq depreciated by 3.56%.
The company's shares have seen an increase of 9.59% over the last month, surpassing the Finance sector's gain of 0.28% and the S&P 500's gain of 3.5%.
The investment community will be paying close attention to the earnings performance of SoFi Technologies, Inc. in its upcoming release. The company is slated to reveal its earnings on October 28, 2025. On that day, SoFi Technologies, Inc. is projected to report earnings of $0.08 per share, which would represent year-over-year growth of 60%. In the meantime, our current consensus estimate forecasts the revenue to be $884.61 million, indicating a 28.31% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $0.32 per share and a revenue of $3.44 billion, demonstrating changes of +113.33% and +32.02%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for SoFi Technologies, Inc. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.67% lower. SoFi Technologies, Inc. is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, SoFi Technologies, Inc. is currently trading at a Forward P/E ratio of 89.45. This represents a premium compared to its industry average Forward P/E of 12.29.
Investors should also note that SOFI has a PEG ratio of 3.38 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Financial - Miscellaneous Services industry held an average PEG ratio of 0.98.
The Financial - Miscellaneous Services industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 86, which puts it in the top 35% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.