SoFi Technologies Stock Price: Will Uptrend Continue in SOFI?

SoFi Technologies Stock Price
  • SoFi Technologies Inc.’s stock price is currently above the 50, and 100-day EMA levels.
  • SOFI’s stock price is currently trading at $9.55.
  • SoFi Technologies Inc.’s (NASDAQ: SOFI) live market cap is $8.9 Billion.

The stock price of SoFi Technologies Inc. (NASDAQ: SOFI) is now trending upwards. In the weekly timescale, the price of the SOFI stock is reaching higher highs.

SoFi Technologies Inc. (SOFI) stock has a market cap of $8.9 Billion with a revenue of $1.67 Billion. The 52-week high of the stock is $20.23 and the 52-week low is $9.16. The P/E ratio of SOFI is -30 and EPS is 0.31.

In June 2023, the stock price of SoFi Technologies Inc. (SOFI) reached a high of $10.23 before it started declining. The stock price declined by 25% in the next nine days. However, the $7.79 level provided support for the SOFI stock price and the price rose from there. Since then, the SOFI stock has returned 30% of its value. The SOFI stock increased by 52.31% in a year, which may attract buyers.

In the current market scenario, the stock price of SOFI is currently forming a positive structure. The price has recently made an all-time high and the price is now in a retracement phase. The price is likely to rise above in the upcoming days.

In the previous six quarters, the net profit of SOFI stock has shown growth. The revenue increased from $171.59 Million to $472.54 Million.


SoFi Technologies Inc. (SOFI) Stock Price Analysis

Price Analysis



SoFi Technologies Inc. (NASDAQ: SOFI) is trading above both its 50-day and 100-day exponential moving averages at the moment. Given that the stock is currently in a strong trend, this means that a price increase is probably just around the horizon.


The formation of a green histogram is easily identifiable in the SoFi stock. This demonstrates the stock’s strength and the chance that prices will rise in the future.


Both the 14-day simple moving average (SMA) line and the relative strength index (RSI) line for SOFI stock are quite close to 70. The rising RSI line, therefore, indicates that prices will increase.


The pricing analysis suggests that the rising stock price of SoFi Technologies Inc. will probably continue in the future. As indicators point upward, the price is reaching higher highs. It is therefore expected that the price of SOFI stock would rise during the next few days.

Technical Levels

  • Support Level–  $7.79.
  • Resistance Level–  $10.19.


The views and opinions of the author, or anyone named in this article, are for informational purposes only. They do not offer financial, investment, or other advice. Investing or trading crypto assets involves the risk of financial loss.


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