In the latest trading session, SoFi Technologies, Inc. (SOFI) closed at $15.23, marking a -3.61% move from the previous day. This move lagged the S&P 500's daily loss of 0.06%. Elsewhere, the Dow saw an upswing of 0.38%, while the tech-heavy Nasdaq depreciated by 0.44%.
Prior to today's trading, shares of the company had lost 8.78% lagged the Finance sector's loss of 2.69% and the S&P 500's gain of 2.36%.
The upcoming earnings release of SoFi Technologies, Inc. will be of great interest to investors. The company's earnings report is expected on October 27, 2026. The company is predicted to post an EPS of $0.17, indicating a 54.55% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $1.25 billion, indicating a 31.12% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.6 per share and revenue of $4.87 billion, which would represent changes of +53.85% and +35.52%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for SoFi Technologies, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.74% downward. SoFi Technologies, Inc. is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note SoFi Technologies, Inc.'s current valuation metrics, including its Forward P/E ratio of 26.41. This indicates a premium in contrast to its industry's Forward P/E of 10.93.
We can also see that SOFI currently has a PEG ratio of 1.32. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Financial - Miscellaneous Services industry had an average PEG ratio of 1.03 as trading concluded yesterday.
The Financial - Miscellaneous Services industry is part of the Finance sector. This group has a Zacks Industry Rank of 166, putting it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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SoFi Technologies, Inc. (SOFI): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).