KBW analyst Michael Perito assigned a Hold rating to SoFi Technologies (SOFI – Research Report) yesterday and set a price target of $7.50. The company’s shares closed yesterday at $7.05.
According to TipRanks, Perito is a 5-star analyst with an average return of 11.9% and a 57.14% success rate. Perito covers the Financial sector, focusing on stocks such as Provident Financial Services, Bancorp, and Esquire Financial Holdings.
Currently, the analyst consensus on SoFi Technologies is a Hold with an average price target of $9.08.
SOFI market cap is currently $8.31B and has a P/E ratio of -21.64.
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SoFi Technologies (SOFI) Company Description:
SoFi Technologies is an online personal finance and bank holding company. It offers lending and financial services products, including student, home, and personal loans. It also provides technology products and solutions. SoFi closed a bank merger and became a bank holding company in 2022.
Read More on SOFI:
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- SOFI Upcoming Earnings Report: What to Expect?
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