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SoFi Technologies, Inc. (SOFI) Stock Dips While Market Gains: Key Facts
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In the latest trading session, SoFi Technologies, Inc. (SOFI - Free Report) closed at $14.30, marking a -1.72% move from the previous day. This change lagged the S&P 500's daily gain of 0.41%. Elsewhere, the Dow saw a downswing of 0.07%, while the tech-heavy Nasdaq appreciated by 1.11%.
Coming into today, shares of the company had lost 14.21% in the past month. In that same time, the Finance sector lost 1.68%, while the S&P 500 gained 1.46%.
The upcoming earnings release of SoFi Technologies, Inc. will be of great interest to investors. The company's earnings report is expected on October 27, 2026. The company is expected to report EPS of $0.17, up 54.55% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.26 billion, up 32.36% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.6 per share and a revenue of $4.87 billion, signifying shifts of +53.85% and +35.47%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for SoFi Technologies, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.55% lower. SoFi Technologies, Inc. currently has a Zacks Rank of #3 (Hold).
In terms of valuation, SoFi Technologies, Inc. is currently trading at a Forward P/E ratio of 24.27. This expresses a premium compared to the average Forward P/E of 10.82 of its industry.
It is also worth noting that SOFI currently has a PEG ratio of 0.84. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Financial - Miscellaneous Services industry held an average PEG ratio of 0.86.
The Financial - Miscellaneous Services industry is part of the Finance sector. This group has a Zacks Industry Rank of 161, putting it in the bottom 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Image: Bigstock
SoFi Technologies, Inc. (SOFI) Stock Dips While Market Gains: Key Facts
In the latest trading session, SoFi Technologies, Inc. (SOFI - Free Report) closed at $14.30, marking a -1.72% move from the previous day. This change lagged the S&P 500's daily gain of 0.41%. Elsewhere, the Dow saw a downswing of 0.07%, while the tech-heavy Nasdaq appreciated by 1.11%.
Coming into today, shares of the company had lost 14.21% in the past month. In that same time, the Finance sector lost 1.68%, while the S&P 500 gained 1.46%.
The upcoming earnings release of SoFi Technologies, Inc. will be of great interest to investors. The company's earnings report is expected on October 27, 2026. The company is expected to report EPS of $0.17, up 54.55% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.26 billion, up 32.36% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.6 per share and a revenue of $4.87 billion, signifying shifts of +53.85% and +35.47%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for SoFi Technologies, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.55% lower. SoFi Technologies, Inc. currently has a Zacks Rank of #3 (Hold).
In terms of valuation, SoFi Technologies, Inc. is currently trading at a Forward P/E ratio of 24.27. This expresses a premium compared to the average Forward P/E of 10.82 of its industry.
It is also worth noting that SOFI currently has a PEG ratio of 0.84. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Financial - Miscellaneous Services industry held an average PEG ratio of 0.86.
The Financial - Miscellaneous Services industry is part of the Finance sector. This group has a Zacks Industry Rank of 161, putting it in the bottom 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.