SoFi (SOFI)

Financial Performance

SoFi's last quarter revenue was $691.1M, showing a growth of 17.7% from the previous quarter and up by 14.6% year over year. However, their gross profit remained stagnant at $0. Their operating income profit showed a significant increase of 835.2% from the previous quarter and up by 429.3% YoY to reach $47.9M, indicating an improved operational efficiency despite no changes in gross profit. The EBITDA ratio stands at 0.17 suggesting that SoFi is generating positive earnings before interest, tax, depreciation and amortization.

Stock Price

The current stock price is trading at $14.15 which is down by -12.9% in the last month but significantly above its 200-day moving average of $9.22 indicating a bullish trend in the long term despite recent downturns.The RSI value of 41.78 suggests neither overbought nor oversold conditions.

Alternative Data Signals

The company's web traffic has increased by 6.3% MoM but has decreased slightly YoY by -3%. This indicates a mixed signal as there are more visitors recently but fewer than last year overall.The estimated daily downloads for SoFi's mobile apps have seen an exponential increase both MoM and YoY which suggests growing consumer interest towards their digital platforms.SoFi currently has a neutral business outlook according to its employees with around half (53%) reporting positive sentiments.Job openings have increased MoM but decreased YoY indicating fluctuating hiring trends.Social media following shows moderate growth on Twitter and Facebook while Instagram followers have dropped completely; TikTok follower count remains unchanged.

Conclusion

Overall, despite some areas of concern such as a stagnant gross profit and recent stock price decline, SoFi's strong operating income growth, above average 200-day moving average stock price, and exponential increase in app downloads suggest potential for future growth. The analysis therefore leans towards a neutral to slightly bullish outlook.

Note: This AI Stock Analysis is based on data as of January 11. 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 $16.5, 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.