Market participants note rising institutional interest, with Q1 reports expected to reflect improved net interest margins due to easing funding costs. 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. of 50.8. That multiple, which many investors use to gauge a stock's valuation, has expanded in the past six months. This won't present too enticing of a proposition for Warren Buffett-style investors, who care about buying at cheap prices. But there are reasons to remain optimistic about SoFi. Sofi Technologies stock price closed at $7.89 today, marking a +2.3% gain amid broader fintech sector momentum. Analysts point to increased revenue guidance for FY2024, supported by strong lending and digital banking growth. Current RSI levels around 58 suggest moderate bullish sentiment.