SoFi Technologies, Inc. (SOFI)
| Market Cap | 8.58B |
| Revenue (ttm) | 2.34B |
| Net Income (ttm) | -153.23M |
| Shares Out | 1.07B |
| EPS (ttm) | -0.21 |
| PE Ratio | n/a |
| Forward PE | 45.17 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 36,092,568 |
| Open | 8.14 |
| Previous Close | 8.19 |
| Day's Range | 8.01 - 8.22 |
| 52-Week Range | 6.01 - 10.49 |
| Beta | 1.71 |
| Analysts | Buy |
| Price Target | 9.00 (+11.8%) |
| Earnings Date | Oct 28, 2024 |
About SOFI
SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money. It offers personal loans, student loans, home loans, and related services. The company also operates Galileo, a technology platform that offers services to financial and non-financial institution; and Technisys, a... [Read more]
Financial Performance
In 2023, SoFi Technologies's revenue was $2.07 billion, an increase of 36.11% compared to the previous year's $1.52 billion. Losses were -$341.17 million, -5.45% less than in 2022.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for SOFI stock is "Buy." The 12-month stock price forecast is $9.0, which is an increase of 11.80% from the latest price.
News
SoFi Announces Monthly Distributions on $THTA (9.00%)
NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- SoFi, a leading provider of thematic and income ETFs, today announced monthly distributions on the SoFi Enhanced Yield ETF (THTA).
SoFi Technologies: Poised To Thrive From The Fed's Pivot
SoFi's strong revenue growth and efficient marketing strategies position it well as a financial one-stop-shop, benefiting from the shift towards digital banking. The expected monetary easing from the ...
Dividend Income Summary: Lanny's August 2024 Summary
Investing in dividend stocks allows you to earn dividend income, the best passive income stream. In August, we (my wife and I) received a dividend income total of $1,415.47. 2023 was up 24%. Eight mon...
Galileo Launches Instant Account Verification and Machine Learning Risk Score to Secure Financial Transactions Amid Escalating Cyber Threats
SALT LAKE CITY--(BUSINESS WIRE)-- #Fintech--Galileo Financial Technologies, a leading financial technology company and a subsidiary of SoFi Technologies, Inc. (NASDAQ: SOFI), is delivering fintechs, b...
SoFi Technologies, Inc. (SOFI) Goldman Sachs Communacopia & Technology Conference 2024 (Transcript)
SoFi Technologies, Inc. (NASDAQ:SOFI) Goldman Sachs Communacopia & Technology Conference 2024 September 9, 2024 2:30 PM ET Company Participants Anthony Noto - CEO Conference Call Participants Michael...
SoFi Technologies Stock Is Up 15% Over The Past Month: What's Going On?
SoFi Technologies Inc SOFI shares are trading flat Thursday at $7.53 and higher by some 15% over the trailing month amid anticipation of key economic data.
SoFi CEO: Consumer activity and sentiment are 'trending okay'
Anthony Noto, SoFi CEO, joins 'Money Movers' to discuss the current state of the consumer, red flags from the consumer, and how Americans feel about their retirement accounts.
SoFi Technologies: Expanding Cross-Selling Potential As Growth Catalyst
SoFi Technologies' stock is rated a "Strong Buy" due to its exceptional growth, solid bottom-line performance, and substantial undervaluation. Recent quarterly earnings surpassed expectations, with re...
SoFi: Breakout Imminent, Its Reversal Is Near
SOFI has generated robust dual growth as an online bank and fintech, as observed in the double beat FQ2'24 performance and raised FY2024 guidance. Much of the tailwinds are attributed to the managemen...
Investors may be undervaluing SoFi stock: Here's why it could climb 70%
Investors might be overlooking SoFi Technologies Inc. (NASDAQ: SOFI) by evaluating it alongside traditional banks rather than recognizing its potential as a high-growth fintech company, according to a...
SoFi Technologies: A Bullish Picture With A Cautious Outlook
SoFi Technologies has seen explosive growth in revenue and member count, with strong performance in financial services products and lending operations. The company's net income, operating cash flow, a...
Why SoFi's Q3 Could Be A Turning Point
SOFI shows resilience with a 9% return, driven by strong loan demand and a slightly bullish technical outlook despite macroeconomic concerns. SoFi's diversified platform, improved loan performance, an...
SoFi to Participate in Upcoming Investor Conference
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), the one-stop shop for digital financial services, today announced that it will participate in an upcoming investor conference. S...
SoFi stock is cheap; comeback could be epic
SoFi Technology (SOFI) stock has become a fallen angel despite its strong growth metrics and positioning at the intersection of finance and technology. Although it has risen by over 75% from its lowes...
SoFi Technologies: A No-Brainer Fintech Buy
SoFi Technologies is experiencing significant member growth, doubling its member base in the last two years. The fintech raised its forecast for 2024 in both EBITDA and net revenues, showing successfu...
The Big 3: TSLA, MSTR & SOFI
Technology is at the center of discussions on today's Big 3. Joel Hawthorne joins Nicole Petallides and Ben Lichtenstein to talk about the technical trends for Tesla (TSLA), Microstrategy (MSTR), and ...
SOFI Announces Monthly Distributions on $THTA (13.00%)
NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- SoFi, a leading provider of thematic and income ETFs, today announced monthly distributions on the SoFi Enhanced Yield ETF (THTA).
SoFi Technologies: A Fintech Superstar Available At A Deep Discount
SoFi Technologies demonstrates impressive revenue growth, outpacing projections for the fintech industry. The company's profitability profile is improving in line with revenue growth, with a strong po...
Don't see any reason for the Fed to make an emergency move right now: SoFi's Liz Young Thomas
Liz Young Thomas, SoFi head of investment strategy, joins 'Squawk Box' to discuss the latest market trends ahead of the opening bell on Tuesday.
Has SoFi Technologies Finally Reached A Turning Point?
SoFi Technologies has faced investor scrutiny in the past due to a challenging economic environment, exposure to student loans & mortgages, and excessive SBC. That said, the recent Q2 report shows tha...
SoFi Technologies Q2: Mic Drop Quarter After Quadruple Beat, Remains A Strong Buy
SOFI had a mic drop quarter in Q2, beating expectations on revenue, EBITDA, and net income, setting the stage for future growth. Despite challenges in the banking sector, SOFI's CEO remains optimistic...
SoFi Technologies: Strong Earnings Signal A Compelling Investment Opportunity
SoFi produced excellent second quarter 2024 results, with solid revenue growth and GAAP profitability. Its Financial Services segment is the fastest growing business segment and continues to expand pr...
8 Reasons To Buy SoFi
Despite a challenging macro environment, SoFi posted a triple-beat quarter. With flawless execution, raised guidance, and looming rate cuts, the sky's the limit for SoFi. However, the stock is still d...
Sofi Tech's Lending And Financial Services Momentum Well Above Estimates: Goldman Sachs Raises Forecast
Goldman Sachs analyst Michael Ng reiterated a Neutral rating on Sofi Technologies Inc SOFI with a price target of $7.50.
SoFi Technologies: The Market Is Biased (Rating Upgrade)
SoFi reported solid Q2 earnings on Tuesday, beating on the bottom and the top line. The Fintech added 643k new members in Q2'24, due to continual momentum in the FS product category. SoFi raised its g...