SoFi Technologies, Inc. (SOFI)
| Market Cap | 16.30B |
| Revenue (ttm) | 2.52B |
| Net Income (ttm) | 184.39M |
| Shares Out | 1.09B |
| EPS (ttm) | 0.12 |
| PE Ratio | 126.77 |
| Forward PE | 63.14 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 9,447,139 |
| Open | 14.72 |
| Previous Close | 15.03 |
| Day's Range | 14.58 - 15.07 |
| 52-Week Range | 6.01 - 17.19 |
| Beta | 1.78 |
| Analysts | Hold |
| Price Target | 10.50 (-30.09%) |
| Earnings Date | Jan 27, 2025 |
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 16 analysts, the average rating for SOFI stock is "Hold." The 12-month stock price forecast is $10.5, which is a decrease of -30.09% from the latest price.
News
10 Million Members Now Getting Their Money Right with SoFi
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 Stock Is A Steal At Its Current Price
I reiterate a "Buy" rating for SoFi Technologies due to its strong growth potential, combining traditional finance with fintech innovation, despite recent stock volatility. SoFi's impressive Q3 perfor...
SoFi's Bullish Run Far From Over
Accounts expanded from 109.7M in Q1'22 to 160.2M in Q3'24, driving a 69% revenue increase. Originations reached $4.9B in Q3'24, up 141% from Q1'22, showcasing competitive rates and credit analytics. 2...
Expense Management Firm Mesh Payments Selects SoFi as Sponsor Bank
Mesh Payments has selected SoFi Bank as its sponsor bank and continues to partner with SoFi Technologies-owned Galileo Financial Technologies as its longtime payments processor. This partnership integ...
Mesh Payments Teams Up with SoFi Bank and Galileo to Drive Innovation In Travel and Expense Management
NEW YORK & SAN FRANCISCO & SALT LAKE CITY--(BUSINESS WIRE)--Mesh Payments, an innovator in global travel and expense management, has joined forces with SoFi Bank as its sponsor bank and with Galileo F...
SoFi's stock doubled over three months. Here's why BofA says it's now overvalued.
BofA sees the stock “priced to perfection,” while noting lesser visibility into tech deals and renewed attention on fair-value accounting.
Is SoFi Really Destined To Become The American Express Of Fintech?
The US fintech market is still in its infancy, but SoFi Technologies SOFI appears to be stealing a march on its rivals amid a whirlwind second half of 2024. Could the personal finance firm really beco...
SoFi Technologies: High-Quality Catalysts Driving Growth
SoFi's share price has more than doubled due to solid performance, promising partnerships, and favorable monetary environment. The Q3 2024 earnings report shows a 30% YoY revenue increase and a signif...
SoFi Expands Access to Alts through New Partnership with Templum: Cosmos Fund, with Sole Exposure to SpaceX, Pomona Investment Fund, and StepStone Private Markets Fund
SAN FRANCISCO--(BUSINESS WIRE)---- $SOFI--Today, SoFi (SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, ann...
SoFi Technologies, Inc. (SOFI) UBS Global Technology and AI Conference (Transcript)
SoFi Technologies, Inc. (NASDAQ:SOFI) UBS Global Technology and AI Conference December 4, 2024 2:55 PM ET Company Participants Chris Lapointe - Chief Financial Officer Conference Call Participants Ti...
Fintech sector: Wedbush analyst talks valuation concerns
Wedbush Securities Managing Director of Equity Research David Chiaverini joined Market Domination to provide insights into the fintech landscape. Chiaverini observed that buy now, pay later (BNPL) tra...
This Analyst Downgrades Upstart But Says SoFi Tech Could Become 'American Express' Of Fintech
JP Morgan analyst Reginald L. Smith noted that 2024 was a tale of two halves for fintech stocks.
SoFi Technologies: The Ride Higher Isn't Over Yet
SoFi Technologies' shares have surged 100.8% since August, outperforming the S&P 500's 6.1% increase. Management has revised 2024 guidance higher, and despite a higher valuation, shares remain attract...
SoFi: Pessimism Didn't Pay Off
SoFi Technologies, Inc. stock has significantly outperformed the S&P 500 and its financial sector peers, proving its doubters wrong. SoFi's diversification into fee-based revenue streams is expected t...
SoFi Technologies Is Breaking Out And I Believe Shares Are Going Higher
SoFi Technologies has overcome a challenging environment, showing strong share price recovery and significant member growth, indicating customer satisfaction with its products and services. Despite ri...
SoFi to Participate in Upcoming Investor Conference
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 Technologies: Stellar Q3 Results, But Can They Sustain The Momentum?
SoFi's Q3 2024 results include a 35% YoY increase in new members and a 37% YoY rise in new products, with a decent improvement in revenue and EBITDA margin. Fee-based income now constitutes 25% of adj...
SoFi stock hits new high of $14.42: is it time to take profits?
SoFi Technologies Inc (NASDAQ: SOFI) touched a high of $14.42 this morning – a level that was last seen in early 2022. The financial services company has rallied over 30% since election day amidst exp...
SoFi Stock Gains More. What's Behind the Rally.
Shares of fintech SoFi Technologies are on track for their best stretch of five trading days in more than a year.
SoFi's stock climbs above $14 as it heads for best five-day run in over a year
The neobanking stock has been on a tear in the wake of the election.
SoFi's stock climbs, with these twin engines carrying the rally further
Upstart's upbeat lending results could be giving SoFi investors more optimism, according to a Mizuho analyst.
Trump Wants to Nix the Education Department. How That Helps SoFi.
President-elect Donald Trump and other Republicans have made no secret of their desire to abolish the U.S. Department of Education and limit the federal government's role in the student-loan market.
SoFi Technologies: Solid Upside Ahead
SoFi beat Q3 earnings estimates with strong membership growth, top line expansion, and improved adjusted EBITDA. The Fintech added 756k new members, reaching 9.4 million customers, and saw a 33% Y/Y g...
SoFi: Monster Move Ahead
SoFi just reported stellar earnings that blew past all expectations. The company is transitioning towards capital-light, fee-based Revenue streams, bolstered by the expansion of its Loan Platform Busi...
SoFi Technologies: Soaring Above The Bearish Clouds
Despite notable short interest, SoFi Technologies continues to outperform expectations, effectively countering bearish sentiment with its stellar performance. SoFi Technologies shows strong growth pot...