What's Going On With SOFI Shares Today？ - SoFi Techs (NASDAQ:SOFI)

　　SoFi Technologies, Inc.SOFI shares are experiencing a slight decline Monday. Heres what you need to know.

　　Whats Going On:The company is preparing to report its second-quarter earning scheduled for tomorrow, July 30th before market open. Analysts are projecting an earnings per share (EPS) of $0 and revenue of $564.59 million.

　　What Else: SoFi's shares have been showing increased volatility. The stock's float is approximately 1.002 billion shares, with a short float of 18.45%, indicating a significant level of short interest.

　　The average trading volume over the past 100 days is 39.28 million shares, while today's session volume is higher at 52.45 million shares. SoFi has a market cap of $7.83 billion. Its revenue growth over the past year stands at 33.98%.

　　Will SOFI Shares Go Up？

　　When trying to assess whether or not SoFi Technologies, Inc.SOFI will trade higher from current levels, it's a good idea to take a look at analyst forecasts.

　　Wall Street analysts have an average 12-month price target of $8.17 on SoFi Techs. The Street high target is currently at $11.0 and the Street low target is $3.0. Of all the analysts covering SoFi Techs, 2 have positive ratings, 3 have neutral ratings and one has negative ratings.

　　In the last month, 3 analysts have adjusted price targets. Here's a look at recent price target changes [Analyst Ratings]. Benzinga also tracks Wall Street's most accurate analysts. Check out how analysts covering SoFi Techs have performed in recent history.

　　Stocks don't move in a straight line. The average stock market return is approximately 10% per year. SoFi Techs is 36.64% down year-to-date. The average analyst price target suggests the stock could have further upside ahead.

　　For a broad overview of everything you need to know about SoFi Techs, visit here. If you want to go above and beyond, there's no better tool to help you do just that than Benzinga Pro. Start your free trial today.

　　SOFI Price Action: Sofi Technologies shares were down by 1.33% at $7.31 according to Benzinga Pro.

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