The latest "SoFi stock price forecast" suggests the stock could trade between $7.80 and $9.20 in Q3 2024, supported by stronger-than-expected revenue in its lending segment and growing demand in its personal loans portfolio. Analysts are closely watching net interest margin trends as higher rates may boost short-term earnings. Market sentiment remains cautiously bullish. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Markets International Limited is registered in the Saint Vincent and The Grenadines (“SVG”) under the revised Laws of Saint Vincent and The Grenadines 2009, with registration number 27030 BC 2023. The dividend policy shift discussion in the "SoFi stock price forecast" suggests that while no dividend is planned, retained earnings are being reinvested in growth initiatives. This aligns with fintech market norms, aiming for equity value appreciation rather than income distribution.
