Cup and Handle - 67% Upside if we get the CUTS
As of Friday, June 27, 2025, at 9:01:38 PM PDT, here's a breakdown of SoFi Technologies Inc. (SOFI) stock:
Current Price & Performance:
Last Price: $17.18 (as of 4:00 PM ET on June 27, 2025)
Today's Change: Up $0.41 (2.44%)
After-hours price: $17.22 (up 0.23% as of 8:00 PM ET on June 27, 2025)
Previous Close: $16.77
Today's Range: $16.84 - $17.52
52-Week Range: $6.01 - $18.42
Key Financials (as of March 31, 2025, Fiscal Q1 2025 reported April 29, 2025):
Market Cap: Approximately $18.99 billion
Earnings Per Share (EPS): $0.06 (reported), which beat the expected $0.031.
Revenue: $770.72 million (reported), which beat the expected $738.91 million.
Net Income: $71.12 million
Analyst Sentiment & Forecasts:
Consensus Rating: "Hold" based on 39 analysts.
13 Buy ratings
19 Hold ratings
7 Sell ratings
Median Price Target: $9.87 (This is lower than the current price, indicating some analysts believe it is currently overvalued based on their targets.)
High Estimate: $20.00
Low Estimate: $3.00
Recent News & Outlook:
SoFi recently reported strong Q1 2025 results, with revenue growing 20% year-over-year. While net income decreased 19% year-over-year, it was still significantly ahead of guidance.
The company is focused on expanding its financial product offerings and has seen strong growth in its user base.
Some analysts suggest that SoFi is establishing itself as a leader in the evolving digital banking landscape and could benefit from long-term trends as more young people transition into adulthood and begin their banking journey.
There are some potential concerns about economic issues and the elevated default risk associated with higher-risk loans compared to more established banks.
Recent news indicates SoFi's crypto plans now include stablecoins.
Important Note: Stock analysis involves inherent risks and predictions can be volatile. It's always recommended to conduct your own thorough research and consult with a financial advisor before making any investment decisions.
source https://www.tradingview.com/chart/SOFI/gbz9mLnX-Cup-and-Handle-67-Upside-if-we-get-the-CUTS/
No comments:
Post a Comment