SoFi Technologies, Inc. (SOFI)
| Market Cap | 7.38B |
| Revenue (ttm) | 2.12B |
| Net Income (ttm) | -300.74M |
| Shares Out | 1.06B |
| EPS (ttm) | -0.36 |
| PE Ratio | n/a |
| Forward PE | 74.98 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 44,880,914 |
| Open | 7.03 |
| Previous Close | 6.92 |
| Day's Range | 6.86 - 7.11 |
| 52-Week Range | 4.45 - 11.70 |
| Beta | 1.76 |
| Analysts | Hold |
| Price Target | 8.90 (+27.33%) |
| Earnings Date | Apr 29, 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's revenue was $2.12 billion, an increase of 34.91% compared to the previous year's $1.57 billion. Losses were -$300.74 million, -6.14% less than in 2022.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for SOFI stock is "Hold." The 12-month stock price forecast is $8.9, which is an increase of 27.33% from the latest price.
News
Microsoft, AMD, SoFI, Amazon, and Other Tech Stocks in Focus Today
Tech stocks launched a comeback early Thursday as the sector was seemingly buoyed by Federal Reserve Chairman Jerome Powell's comments.
SoFi Stock Is Falling Again. Wall Street Is Worried.
Shares of the fintech dropped 10% on Monday and are on track for another day in the red.
SoFi Technologies Stock Falls 10% Following Weak Guidance
SoFi Technologies (SOFI) shares plunged Monday after the financial tech (fintech) firm gave worse-than-expected current quarter guidance and called 2024 a period of change.
Student loan demand is below what it would be with lower rates: SOFI CEO
Shares of SoFi (SOFI) are dropping as the company reported its first quarter earnings. The results included revenue of $645 million, a 37% increase year-over-year, beating estimates of $556 million.
Three-Stock Lunch: Domino's Pizza, SoFi and Carrier Global
Quint Tatro, Joule Financial founder, joins 'Power Lunch' to discuss plays for three stocks including: Domino's Pizza, SoFi and Carrier Global.
SoFi Falls Despite Earnings Beat
SoFi (SOFI) 1Q earnings beat expectations. Its adjusted EPS came in at $0.02 versus an estimated $0.01 and revenue came in at $580.65M versus an estimated $567.12M.
SoFi CEO Stays Conservative on Rate Hike Outlook
SoFi shares fell after the online bank reported second-quarter revenue and earnings that missed analyst estimates. SoFi CEO Anthony Noto joins Ed Ludlow and Caroline Hyde to explain why they are still...
SoFi CEO on Q1 earnings
Anthony Noto, SoFi CEO, joins 'Squawk on the Street' to discuss the stock reaction following the company's quarterly earnings results, Noto's insights on credit quality, and more.
SoFi Deposits Grow 16% Over Last Year Amid ‘Cross-Buy' Opportunities
SoFi Technologies' latest quarterly earnings results released Monday (April 29) showed a surge in direct deposit activity — and that more customers are using SoFi Money accounts for those direct depos...
SoFi rides surge in home-loan originations to a profit beat, and its stock gains
SoFi Technologies Inc. on Monday reported a profit beat for the latest quarter while boosting its full-year outlook.
SoFi reports a strong Q1 and raises full-year guidance
SoFi Technologies Inc is up 6.0% on Monday after reporting market-beating financial results for its first quarter. SoFi stock pops on upbeat future guidance Investors are cheering also because the pe...
SoFi Technologies Reports Q1 2024 Net Revenue of $645 Million and Net Income of $88 Million, Marking Second Consecutive Quarter of GAAP Profitability
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their ...
SoFi, ON Semiconductor, Amazon, Super Micro, and Other Tech Stocks in Focus Today
Tech stocks are rising to start a busy week of earnings as the sector looks to end a difficult month in style.
Final Trade: SOFI, DELL, JD, MC
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Pressure on SoFi (SOFI) Stock in the Short-Term?
SoFi (SOFI) reports earnings on Monday morning. Its adjusted EPS is estimated at $0.01 and revenue is estimated at $567.21M.
Rapid Finance Taps SoFi, Galileo to Enable Rapid Access Mastercard for Small Business Financing
BETHESDA, Md. & SALT LAKE CITY--(BUSINESS WIRE)--Rapid Finance, a small business banking platform helping small businesses find customized financing solutions, in collaboration with Galileo Financial ...
SOFI Announces Monthly Distributions on $THTA (13.07%)
NEW YORK, April 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, Microsoft, Amazon, AMD, and Other Tech Stocks in Focus Today
Tech stocks had a bad day Wednesday after U.S. inflation data came in hot but were looking to stabilize early Thursday.
SoFi Announces New Partnership with #4 World Ranked Professional Golfer and Reigning U.S. Open Champion Wyndham Clark
SAN FRANCISCO--(BUSINESS WIRE)--SoFi (NASDAQ: SOFI), the digital personal finance company, announced a multi-year partnership with #4 world-ranked professional golfer and reigning U.S. Open Champion, ...
SoFi CEO Anthony Noto saw his pay increase more than 40% last year
Anthony Noto, the chief executive of SoFi Technologies Inc., saw his total compensation grow by more than 40% last year, thanks in large part to a sizable increase in the value of his stock awards.
SoFi Schedules 2024 Annual Meeting of Stockholders
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), the digital personal finance company, today announced plans to host its 2024 Annual Meeting of stockholders (the “2024 Annual Me...
SoFi's stock has faced very negative sentiment, but that seems to be softening
Wall Street has been warming up a bit more to SoFi Technologies Inc. shares this week, as they just picked up their second upgrade of the past few days.
SoFi (SOFI) Could be a Long-Term Winner
“We view SoFi as a long-term winner in the digital lending/neobank space,” according to Needham. George Tsilis discusses how Needham initiates coverage of SoFi (SOFI).
SoFi, Amazon, Dell, Micron, and Other Tech Stocks in Focus Today
After an unconvincing start to the quarter for tech stocks, more optimism is beginning to shine through.
SoFi (SOFI) as a Long-Term Winner
“We view SoFi as a long-term winner in the digital lending/neobank space,” notes Needham. George Tsilis discusses SoFi (SOFI) as Needham has a buy rating and a $10 price target on SoFi.