Why Is SoFi Technologies, Inc. (NASDAQ: SOFI) Stock Down Today?

SoFi Technologies, Inc. (NASDAQ: SOFI) Summary

SoFi Technologies, Inc. (NASDAQ: SOFI) is trading down -0.22% at $17.94, reflecting a negative shift in investor sentiment today. The stock opened at $18.36 and has moved between $17.65 and $18.40 so far.

Trading volume is 35729914, which is 54% below its average, and the price action suggests selling interest.

Technically, SOFI on the NASDAQ is trading above its 50-day moving average of $17.46 and below its 200-day moving average of $20.98, indicating short-term strength but long-term weakness.

Analyst sentiment is bullish. Meyka's AI assigns SOFI a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +8.42% in 1 month ($19.45), +63.41% in 1 year ($29.32), and +211.65% in 5 years ($55.91).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NASDAQ.
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