Piper Sandler raised shares of SoFi Technologies from a вЂњneutralвЂќ rating to an вЂњoverweightвЂќ rating and reduced their price target for the stock from $12.00 to $10.00 in a research note on Monday, May 16th. Morgan Stanley downgraded shares of SoFi Technologies from an вЂњoverweightвЂќ rating to an вЂњequal weightвЂќ rating and reduced their price objective for the stock from $18.00 to $10.00 in a report on Wednesday, March 16th. SOFI has been the subject of several research analyst reports. will post -0.45 EPS for the current year. As a group, research analysts anticipate that SoFi Technologies, Inc. The firmвЂ™s quarterly revenue was up 48.9% compared to the same quarter last year. SoFi Technologies had a negative net margin of 36.32% and a negative return on equity of 9.24%. The company had revenue of $321.70 million during the quarter, compared to analyst estimates of $283.99 million. The company reported ($0.14) EPS for the quarter, meeting analystsвЂ™ consensus estimates of ($0.14). SoFi Technologies ( NASDAQ:SOFI вЂ“ Get Rating) last posted its quarterly earnings data on Tuesday, May 10th. The business has a 50 day moving average of $7.01 and a two-hundred day moving average of $10.65. The stock has a market capitalization of $5.14 billion, a price-to-earnings ratio of -6.84 and a beta of 0.84. has a 1 year low of $4.82 and a 1 year high of $24.65.

The company has a quick ratio of 5.60, a current ratio of 5.60 and a debt-to-equity ratio of 0.94. 50,957,481 shares of the company traded hands, compared to its average volume of 58,001,641. Shares of NASDAQ SOFI traded down $0.33 during mid-day trading on Monday, hitting $5.61. The stock was acquired at an average cost of $8.62 per share, with a total value of $149,772.50.

On Wednesday, March 16th, Anthony Noto purchased 17,375 shares of SoFi Technologies stock.The shares were acquired at an average cost of $7.79 per share, for a total transaction of $105,165.00. On Thursday, May 19th, Anthony Noto bought 13,500 shares of SoFi Technologies stock.The stock was acquired at an average cost of $6.72 per share, with a total value of $249,016.32. On Tuesday, May 24th, Anthony Noto acquired 37,056 shares of SoFi Technologies stock.The shares were acquired at an average cost of $6.90 per share, for a total transaction of $150,075.00. On Monday, June 6th, Anthony Noto purchased 21,750 shares of SoFi Technologies stock.The stock was purchased at an average price of $6.65 per share, with a total value of $112,431.55. On Wednesday, June 8th, Anthony Noto bought 16,907 shares of SoFi Technologies stock.

Noto group