SoFi (SOFI) Stock Price

Financial Performance

SoFi's revenue for the last quarter was $734.1M, which is a slight decrease of -1.3% from the previous quarter. The gross profit stood at $727.2M, also showing a small drop of -2.2%. Their operating income remained steady at $204.8M and their EBITDA ratio was reported as zero, indicating that SoFi is not generating significant earnings before interest, tax, depreciation and amortization.

Stock Price

The stock price is currently trading at $12.7 with an increase of 16.1% over the past month and an impressive growth of 82.5% year over year which indicates bullish performance in the long term despite short-term fluctuations.

In terms of technical indicators, the RSI value stands at 59.06 suggesting that it's nearing overbought territory but still within a reasonable range while the stock's 200-day moving average is $11.75 signifying stable performance overall.

Alternative Data Signals

The website traffic shows positive growth with up to approximately 21 million visitors per month marking an increase by both month on month (18%) and year on year (40%). Similarly, mobile app downloads have seen a massive surge with daily downloads estimated around three hundred eleven thousand times per day.

In terms of employment data, job openings have increased by almost one-third compared to previous months but slightly decreased when looked at from a yearly perspective.

The business outlook among employees appears neutral with about half having a positive view despite slight decreases recently while social media followership has generally shown growth across different platforms except Instagram where there are no followers recorded lately.

Conclusion

In conclusion, SoFi's stock has shown positive trends in terms of stock price and alternative data signals like website traffic and app downloads. However, the financial performance indicates some areas for improvement. Therefore, based on this analysis, the outlook for SoFi's stock is cautiously bullish.

Note: This AI Stock Analysis is based on data as of May 03. 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 $13.26, 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.