Sofi Technologies today
Sufi techniques
As of 04:00 pm
- 52 weeks
- 6.01 dollars
▼
18.42 dollars
- P/E ratio.
- 43.73
- The target price
- 12.50 dollars
After a large crowd of 200 % of August to January, Sofi Technologies Inc. Nasdak: Sophie I couldn’t stop it. This momentum carried Fintech to the highest level in several years at the end of January, with the support of a series of strong profit reports. But instead of getting out more, Sofi decreased by 20 % after the last profit report, although it won again on expectations.
the reason? The administration is lighter than expected. Investors, who are already sitting on huge gains, have the opportunity to lock profits. But as it was shown last week from the gains, the market, in all possibilities, is exaggerated. The bears have run out of steam, the bulls rushed again, and pushed the shares by 18 % in the past five days. With the return of momentum and the resumption of the upward trend, this appears to be preparing a textbook for investors who realize the long -term growth story still sound.
Sophie publishes another quarter profitable, which enhances his transformation
The profit report at the end of January was strong in all fields, even if the market did not reward it immediately. Revenue increased by 20 % on an annual basis, which represents another quarter of the steady expansion. The company also provided a profitable EPS printing, and the quarterly profitability chain extends after consistent losses during 2022 and 2023.
One of the biggest positives was the growth of the record in the organs and the adoption of the product. Sofi added 785,000 new members and 1.1 million new products, and setting the new company’s records. These numbers highlight the continuous demand for SOFI financial services and enhance their ability to expand at a high level.
But instead of rewarding these results, investors focused on the most softening guidelines of management. Looking at the tremendous credit for the stock that leads to profits, this was sufficient to stir a wave of profit. The initial reaction was understandable, but as the sharp bounce indicates over the past week, the Wall Street may have been very fast in the sale.
Wall Street is still confident of the long -term growth capabilities
The addition of fuel to this theory is the fact that many analysts have been confident in the long -term mystical growth. Immediately after the profits, Needham & Companyly repeated the purchase rating and even raised its price to 20 dollars. For those of us who are still on the margin, this means that there are approximately 25 % in terms of shares on Wednesday.
While some companies, including Goldman Sachs and UBS, have maintained neutral classifications, their position appears to depend on evaluation fears instead of business basics. With SOFI proof that it can maintain profitability with growth strongly, the margin analysts may still be forced to adjust their expectations higher.
A strong Sufi growth story, but market expectations are high
Despite the renewed renewal, there are still some risks that must be taken into account. The biggest concern is whether the Mys Sofi’s profit report will be strong enough to maintain high investor confidence. While this quarter has shown strong financial data, the update of the soft guidance forward may lead to a longer decline.
In addition, while Nidham has strengthened its target price, some take a more cautious approach as they wait for more assertion that Sophie can maintain its growth rates.
Sofi Technologies, Inc.
For margin investors, this may be the moment
From a technical perspective, mystical momentum returned to the right track. After weeks of sale, the stock had a group of green days, indicating that buyers have regained control.
The relative power index is now sitting in 57 years old and is heading up, which historically indicates that the inventory has a great range of running before it may surpass it. With the sale of the entirely and thirty exhausted pressure that revolves again, this can be one of the best entry points in months. If the momentum continues, the return to the highest levels of January, and may exceed it, it appears increasingly likely.
Watch this space – may still be the best Sofi days in the foreground
The post -profit decrease in Sophie was not about the weak basics, but about investing investors in receiving cautious expectations for the administration. The arrow is equally restored, with the growth of revenue is still strong, probably, and supporting the upscale analysts.
For those looking to take advantage of the Fintech leader, this withdrawal is perhaps the perfect reset before the top of the leg. Watch this space. The next stage of the Sophie Rally only started.
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