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SoFi Technologies (SOFI) Competitors

SoFi Technologies logo
$15.35 +0.32 (+2.13%)
(As of 12/20/2024 05:45 PM ET)

SOFI vs. BNS, MFG, CM, BBVA, NU, ING, ITUB, BCS, NWG, and IBIT

Should you be buying SoFi Technologies stock or one of its competitors? The main competitors of SoFi Technologies include Bank of Nova Scotia (BNS), Mizuho Financial Group (MFG), Canadian Imperial Bank of Commerce (CM), Banco Bilbao Vizcaya Argentaria (BBVA), NU (NU), ING Groep (ING), Itaú Unibanco (ITUB), Barclays (BCS), NatWest Group (NWG), and iShares Bitcoin Trust (IBIT). These companies are all part of the "banking" industry.

SoFi Technologies vs.

Bank of Nova Scotia (NYSE:BNS) and SoFi Technologies (NASDAQ:SOFI) are both large-cap finance companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, community ranking, media sentiment, profitability, risk, analyst recommendations, dividends, institutional ownership and valuation.

Bank of Nova Scotia has higher revenue and earnings than SoFi Technologies. Bank of Nova Scotia is trading at a lower price-to-earnings ratio than SoFi Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bank of Nova Scotia$33.62B1.99$5.70B$4.3212.41
SoFi Technologies$2.48B6.72-$300.74M$0.10153.50

In the previous week, SoFi Technologies had 23 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 31 mentions for SoFi Technologies and 8 mentions for Bank of Nova Scotia. SoFi Technologies' average media sentiment score of 0.80 beat Bank of Nova Scotia's score of 0.55 indicating that SoFi Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bank of Nova Scotia
4 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
SoFi Technologies
14 Very Positive mention(s)
4 Positive mention(s)
10 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

49.1% of Bank of Nova Scotia shares are held by institutional investors. Comparatively, 38.4% of SoFi Technologies shares are held by institutional investors. 2.6% of SoFi Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Bank of Nova Scotia has a beta of 1.07, meaning that its stock price is 7% more volatile than the S&P 500. Comparatively, SoFi Technologies has a beta of 1.77, meaning that its stock price is 77% more volatile than the S&P 500.

Bank of Nova Scotia received 703 more outperform votes than SoFi Technologies when rated by MarketBeat users. Likewise, 63.50% of users gave Bank of Nova Scotia an outperform vote while only 36.36% of users gave SoFi Technologies an outperform vote.

CompanyUnderperformOutperform
Bank of Nova ScotiaOutperform Votes
755
63.50%
Underperform Votes
434
36.50%
SoFi TechnologiesOutperform Votes
52
36.36%
Underperform Votes
91
63.64%

Bank of Nova Scotia presently has a consensus price target of $72.00, suggesting a potential upside of 34.30%. SoFi Technologies has a consensus price target of $11.04, suggesting a potential downside of 28.07%. Given Bank of Nova Scotia's stronger consensus rating and higher probable upside, analysts clearly believe Bank of Nova Scotia is more favorable than SoFi Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of Nova Scotia
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.78
SoFi Technologies
3 Sell rating(s)
7 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.00

Bank of Nova Scotia has a net margin of 10.20% compared to SoFi Technologies' net margin of 8.38%. Bank of Nova Scotia's return on equity of 11.56% beat SoFi Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of Nova Scotia10.20% 11.56% 0.61%
SoFi Technologies 8.38%3.71%0.67%

Summary

Bank of Nova Scotia beats SoFi Technologies on 12 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SOFI vs. The Competition

MetricSoFi TechnologiesNondepository credit institutions IndustryFinance SectorNASDAQ Exchange
Market Cap$16.66B$7.99B$10.59B$9.08B
Dividend YieldN/A5.09%10.09%4.21%
P/E Ratio153.5218.4537.8017.15
Price / Sales6.7211.28286.05116.80
Price / Cash39.3857.6330.4437.88
Price / Book2.862.392.694.78
Net Income-$300.74M$468.09M$1.03B$225.60M
7 Day Performance-5.54%-7.12%-2.80%-1.21%
1 Month Performance2.27%-4.45%-2.77%3.09%
1 Year Performance59.23%26.75%11.00%16.48%

SoFi Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SOFI
SoFi Technologies
2.2056 of 5 stars
$15.35
+2.1%
$11.04
-28.1%
+64.9%$16.66B$2.48B153.524,400Analyst Forecast
Insider Trade
Gap Down
BNS
Bank of Nova Scotia
4.5652 of 5 stars
$55.01
-0.7%
$72.00
+30.9%
+14.9%$68.49B$33.62B12.8389,483
MFG
Mizuho Financial Group
4.2384 of 5 stars
$4.99
-0.6%
N/A+47.4%$63.24B$3.40T13.5752,307News Coverage
CM
Canadian Imperial Bank of Commerce
4.7886 of 5 stars
$65.94
-0.3%
$89.00
+35.0%
+37.6%$62.29B$25.53B12.3648,074
BBVA
Banco Bilbao Vizcaya Argentaria
3.4231 of 5 stars
$10.31
+1.2%
N/A+9.8%$60.19B$31.97B5.86121,486Short Interest ↓
NU
NU
4.5659 of 5 stars
$11.85
-0.8%
$15.63
+31.9%
+28.1%$56.48B$7.85B32.867,686
ING
ING Groep
2.9042 of 5 stars
$15.56
+0.2%
N/A+3.7%$54.43B$22.45B6.9646,000
ITUB
Itaú Unibanco
4.5618 of 5 stars
$5.25
-0.4%
$7.50
+42.9%
-23.5%$51.45B$156.52B6.7695,702Positive News
Gap Up
BCS
Barclays
2.6726 of 5 stars
$13.70
+1.1%
N/A+70.5%$49.43B$25.43B9.2292,400Analyst Upgrade
NWG
NatWest Group
2.6556 of 5 stars
$10.42
+0.5%
N/A+82.1%$41.91B$30.75B7.8663,700
IBIT
iShares Bitcoin Trust
N/A$60.92
+5.2%
N/AN/A$39.34BN/A0.00N/APositive News

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This page (NASDAQ:SOFI) was last updated on 12/21/2024 by MarketBeat.com Staff
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