SoFi Technologies Surges to 69th in Trading Volume with 11.77 Billion Shares Exchanged

On June 11, 2025, SoFi Technologies (SOFI) saw a significant surge in trading volume, with a total of 11.77 billion shares exchanged, marking a 43.69% increase from the previous day. This surge placed SoFi in the 69th position in terms of trading volume for the day. The stock price of SoFi also rose by 4.66%, marking the second consecutive day of gains and a total increase of 6.81% over the past two days.

SoFi's recent stock performance has been driven by strong analyst ratings, which have boosted investor confidence. The upcoming earnings release is of particular interest to investors, with projected earnings per share (EPS) of $0.06, indicating a 500% increase compared to the same quarter of the previous year. Revenue is anticipated to reach $803.09 million, reflecting a 34.53% increase from the same period last year.

Analysts have also revised their estimates for SoFi, with recent modifications signaling a positive outlook on the company's business operations and profitability. The Zacks Rank system, which considers these estimated changes, has given SoFi a #3 (Hold) rating. The company is currently trading at a Forward P/E ratio of 51.56, which is higher than its industry's average Forward P/E of 11.24. Additionally, SoFi's PEG ratio stands at 2.45, compared to the industry average of 0.96.

Truist Financial recently assumed coverage on SoFi Technologies, setting a "hold" rating and a $14.00 price target. The company's technology segment is notable for its steady, fee-based revenue, which helps SoFi stand out in the competitive fintech landscape. SoFi's CEO has identified the securitization of personal loans as a key growth driver, and stock analysts predict a 14% revenue growth in the upcoming earnings report.