SoFi (SOFI) Stock Price

Financial Performance

SoFi's last quarter revenue was reported at $763.8M, marking a 4% increase from the previous quarter and an annual rise of 10.8%. The gross profit stood at $689.8M, down by -5.8% from the previous quarter and marginally lower by -0.2% YoY. The operating income profit was impressive with a growth of 4% QoQ and a significant jump of 345.2% YoY to $213M, indicating strong operational efficiency.

The EBITDA ratio for the last quarter was noted at 0.52 which is relatively healthy.

Stock Price

The stock price is currently trading at $13.3, up by 21.6% in the last month and has risen significantly by 92.8% on a yearly basis, outperforming many counterparts in its sector.

The RSI value stands at 52.52 suggesting that it's neither overbought nor oversold while the stock's moving average over the past 200 days is $12.35 indicating an upward trend in recent times.

Alternative Data Signals

In terms of website traffic trends, SoFi has approximately 20993864 visitors per month which represents a slight decrease of -1%. However, there seems to be an explosive growth in mobile app downloads with estimates showing around 406078 daily downloads which marks an enormous monthly growth rate of over +6110%. This could indicate increasing user engagement and adoption of SoFi's platform.

The number of job openings stands at around 428 which indicates stable hiring activity despite being down slightly (-4%) MoM but might suggest future expansion plans. Employee sentiment towards business outlook is generally positive with 63% of employees reporting a positive outlook, although this is down by -1.6% MoM.

On the social media front, SoFi has been successful in expanding its audience across various platforms with growth in followers on Twitter (+5.2%), Instagram (+35.8%), TikTok (+4%) and Facebook (+2.7%) over the past 90 days which suggests strong brand recognition and outreach.

Conclusion

In conclusion, despite some minor negative signals such as slight decrease in website traffic and employee business outlook, SoFi's overall financial performance seems robust with impressive YoY profit growth and healthy EBITDA ratio. The stock price has shown considerable improvement over the year indicating investor confidence while alternative data signals like exponential growth in app downloads and stable increase in social media following suggest good future potential for user engagement and brand expansion respectively.

Note: This AI Stock Analysis is based on data as of May 31. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of SoFi (SOFI), currently trading at $14.24, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.