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In this article. we discuss the SOFI stock price prediction 2023 and for the next 7 years. We describe the essential information about Sofi Technologies Inc. (Nasdaq: SOFI) along with the stock price prediction for 2022, 2023, 2025, and 2030.
This blog post analyzes whether your investment in SOFI stock is worth it for the next 10 years. We just provide the price prediction of the SOFI stock using our technical analysis and indicators.
What is SOFI stock?
Sofi Technologies Inc (NASDAQ: SOFI) is an American publicly traded technology company headquartered in Los Angeles, CA that provides AI-based software solutions for the financial services industry.
The CEO of sofi company is Anthony J. Noto who has a $103 Million net worth. The vice chairman of sofi company is Steven Frieberg who has a $736.84k net worth.
The company has a market cap of $5.2 billion and is currently trading at $5.75 per share. The company has a P/E ratio of 18.2, which is considered to be low for the current industry standards.
| Valuation Measures | Price & Value |
| Sofi stock price | $5.73 USD |
| Market Cap | 4.582 Billion |
| Enterprise Value | N/A |
| 52 Week Range | 4.77-24.65 USD |
| Total Cash (mrq) | 707.3 Million |
| S&P500 52-Week Change | -16.38% |
| Profit Margin | -28.46% |
| Price/Sales (ttm) | 4.02 |
| Price/Book (mrq) | 0.97 |
| Enterprise Value/Revenue | N/A |
| Enterprise Value/EBITDA | N/A |
SOFI Stock Price Prediction 2022
| Sofi Stock Price Prediction 2022 | Year |
| $10 to $15 | 2022 |
The highest price target of sofi stock is $15 in 2022 and the lowest price target of sofi stock is $10 in 2022. This is the sofi stock price prediction 2022
SOFI Stock Price Prediction 2023
| Sofi Stock Price Prediction 2023 | Year |
| $12 to $20 | 2023 |
The first price target of sofi stock is $12 and the second price target of sofi stock is $20 in 2023. So, this is the sofi stock price prediction 2023.
SOFI Stock Price Prediction 2024
| Sofi Stock Price Prediction 2024 | Year |
| $25 to $40 | 2024 |
The first price target of sofi stock is $25 and the second price target of sofi stock is $40 in 2024. So, this is the sofi stock price prediction 2024.
SOFI Stock Price Prediction 2025
| Sofi Stock Price Prediction 2025 | Year |
| $35 to $60 | 2025 |
The highest price target of sofi stock is $60 in 2025 and the lowest price target of sofi stock is $35 in 2025. This is the sofi stock price prediction 2025
SOFI Stock Price Prediction 2030
| Sofi Stock Price Prediction 2030 | Year |
| $45 to $100 | 2030 |
The first price target of sofi stock is $45 and the second price target of sofi stock is $100 in 2030. So, this is the sofi stock price prediction 2030.
SOFI Stock Price Prediction 2023, 2024, 2025, & 2030
| Sofi Stock Price Prediction | Year |
| $10 to $15 | 2022 |
| $12 to $20 | 2023 |
| $25 to $40 | 2024 |
| $35 to $60 | 2025 |
| $45 to $100 | 2030 |
This company is based on technology related to financial systems. The Q1 2022 earnings of Sofi stock are -110.36 Million. This earning is more than previous earnings. The Q2 2022 earnings of sofi stock are -95.84 Million which is more than expected. The Q2 earnings of sofi performed better than Q1. The Q3 earnings of sofi stock reported a slight loss. They have a loss of 0.09 per share in Q3 earnings.
Now, sofi company is expected to increase its net revenue to 1.51 billion in 2022 from 1.50 million. They have a financial platform Galileo which helps in the infrastructure of the client-facing and back-end capabilities. This company growing really fast. They have credit card products, money cash management, and give other services such as personal finance management.
We can expect that the sofi stock price prediction in 2023 would be $12 to $20. The sofi stock price prediction 2023 will be $12 to $20.
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Frequently Asked Question
Will Sofi stock go up?
Yes, the sofi stock will go up in 2022. The highest price target of sofi stock is $15 and the lowest price stock is $10 in 2022. This information is based on company technical analysis.
Sofi 5 years Forecast?
The five forecast of sofi stock price would be $35 to $60 in 2025. We can expect that sofi stock price will reach $60 in 2025.
Is sofi a profitable company?
Yes, the sofi technologies is a profitable company. This company growing fast. It is based on financial technology that sector will grow more in the future. It is an excellent company to invest in right now.