Posted 3/21/2024, 9:45:20 PM
SoFi Stock Outperforms Broader Market in Latest Session But Underperforms Over Past Month Ahead of Earnings
- SoFi Technologies (SOFI) stock beat the S&P 500 in latest trading session, up 1.09% vs 0.32% for the S&P 500
- SOFI stock has dropped 9.25% over the past month, underperforming the broader market
- Upcoming SOFI earnings expected to show strong growth - EPS of $0.01, up 120% and revenue of $574.75M, up 24.9%
- Analysts have 0.16% decrease in SOFI's consensus EPS estimate over last 30 days
- At current levels, SOFI trades at premium Forward P/E of 106.08 vs industry average of 25.41
