SoFi Technologies, Inc. (SOFI) Is Up 14.16% in One Week: What You Should Know

Company Overview - SoFi Technologies, Inc. (SOFI) currently holds a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Price Performance - Over the past week, SOFI shares have increased by 14.16%, while the Zacks Financial - Miscellaneous Services industry remained flat [5] - In a longer time frame, SOFI's monthly price change is 43.15%, significantly outperforming the industry's 7.71% [5] - Over the last three months, SOFI shares have risen by 99.53%, and they are up 191% over the past year, compared to the S&P 500's increases of 16.27% and 12.91%, respectively [6] Trading Volume - SOFI's average 20-day trading volume is 73,020,280 shares, which is a useful indicator of market interest and price movement [7] Earnings Outlook - In the past two months, three earnings estimates for SOFI have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $0.27 to $0.28 [9] - For the next fiscal year, two estimates have moved upwards, while one has been revised downwards [9] Conclusion - Considering the positive price trends, trading volume, and earnings outlook, SOFI is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]