SoFi Stock Outperforms Broader Market but Lags Over Past Month Ahead of Q4 Earnings
• SoFi Technologies (SOFI) stock rose 1.19% on latest trading day, outpacing S&P 500, Dow, and Nasdaq gains
• SOFI stock has lagged indexes over past month, dropping 26.74% vs 2.48% gain for S&P 500
• SOFI expected to post strong EPS and revenue growth in upcoming Q4 earnings report on January 29, 2024
• Recent analyst estimate revisions for SOFI signal optimism about business outlook and stock performance
• At current valuations, SOFI trades at premium to industry peers in business services sector