SoFi Technologies, Inc. (SOFI)
| Market Cap | 6.82B |
| Revenue (ttm) | 2.30B |
| Net Income (ttm) | -178.28M |
| Shares Out | 1.06B |
| EPS (ttm) | -0.29 |
| PE Ratio | n/a |
| Forward PE | 58.40 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 26,786,360 |
| Open | 6.43 |
| Previous Close | 6.43 |
| Day's Range | 6.29 - 6.48 |
| 52-Week Range | 6.20 - 11.70 |
| Beta | 1.73 |
| Analysts | Buy |
| Price Target | 9.35 (+44.96%) |
| Earnings Date | Jul 30, 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 18 analysts, the average rating for SOFI stock is "Buy." The 12-month stock price forecast is $9.35, which is an increase of 44.96% from the latest price.
News
SoFi: A Gateway for Growth Amidst a Downturn
SoFi Technologies Inc. (SOFI, Financial) has become an aggressive competitor within the spectrum of financial service providers, as evidenced by its strong record of refinancing student loans.
SoFi Schedules Conference Call to Discuss Q2 2024 Results
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), the digital personal finance company, today announced plans to host a conference call to discuss financial and operating results...
SoFi Announces Monthly Distributions on $THTA (13.00%)
NEW YORK, June 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' stock price forecast: $10 on the cards?
2024 hasn't been great for SoFi Technologies Inc. (NASDAQ:SOFI) so far, with its stock down over 30% year-to-date and plummeting more than 70% from its all-time high. This downturn has been exacerbate...
Consumers Are Crowdsourcing Their Financial Services, While Banks Risk Losing Primary Status
SALT LAKE CITY--(BUSINESS WIRE)--85% of consumers say they have positive experiences with their primary financial institution (FI), yet they're using as many tools or services with other financial pro...
SoFi to Participate in Upcoming Investor Conference
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), the digital personal finance company, today announced that it will participate in an upcoming investor conference. SoFi's CFO, C...
SoFi Appoints Stephen Simcock as General Counsel
SAN FRANCISCO--(BUSINESS WIRE)---- $SOFI--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and prot...
SoFi Strengthens Lending Capabilities with $350 Million Personal Loan Securitization Placement with PGIM
SAN FRANCISCO--(BUSINESS WIRE)---- $SOFI--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and prot...
SoFi and Templum Partner for Expanded Access to Alternative Assets
NEW YORK--(BUSINESS WIRE)--Templum, Inc. ("Templum"), the operating system for private markets and alternative assetsTM is pleased to announce that the company is working with SoFi, the all-in-one dig...
SoFi Announces Monthly Distributions on $THTA (13.80%)
NEW YORK, May 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 Stock Has 70% Upside, Says a Bull
Mizuho Securities analysts hosted meetings with the fintech's chief financial officer, and left feeling “as bullish as ever.”
SoFi Technologies CEO is buying more stock at depressed levels: Should you too?
SoFi Technologies Inc (NASDAQ: SOFI) was one of the most popular and anticipated IPOs of 2020. After making a debut above $10, the stock quickly rocketed to levels above $25.
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.