In the latest close session, SoFi Technologies, Inc. (SOFI Quick QuoteSOFI - Free Report) was down 1.75% at $17.40. The stock's change was less than the S&P 500's daily loss of 1.22%. Meanwhile, the Dow experienced a drop of 0.98%, and the technology-dominated Nasdaq saw a decrease of 1.35%.

The company's stock has climbed by 16.28% in the past month, exceeding the Finance sector's gain of 5.2% and the S&P 500's gain of 1.56%.

Investors will be eagerly watching for the performance of SoFi Technologies, Inc. in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.12, showcasing a 50% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $1.12 billion, up 29.99% from the year-ago period.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.6 per share and a revenue of $4.65 billion, representing changes of +53.85% and +29.55%, respectively, from the prior year.

Investors should also pay attention to any latest changes in analyst estimates for SoFi Technologies, Inc. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.33% upward. As of now, SoFi Technologies, Inc. holds a Zacks Rank of #4 (Sell).

Digging into valuation, SoFi Technologies, Inc. currently has a Forward P/E ratio of 29.75. This valuation marks a premium compared to its industry average Forward P/E of 10.93.

The Financial - Miscellaneous Services industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 146, placing it within the bottom 41% of over 250 industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.