SoFi Technologies, Inc. (SOFI)
| Market Cap | 17.90B |
| Revenue (ttm) | 2.52B |
| Net Income (ttm) | 184.39M |
| Shares Out | 1.09B |
| EPS (ttm) | 0.12 |
| PE Ratio | 139.27 |
| Forward PE | 69.04 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 39,918,573 |
| Open | 16.42 |
| Previous Close | 16.30 |
| Day's Range | 16.19 - 16.73 |
| 52-Week Range | 6.01 - 17.19 |
| Beta | 1.79 |
| Analysts | Hold |
| Price Target | 11.36 (-31.15%) |
| 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 $11.36, which is a decrease of -31.15% from the latest price.
News
SoFi Technologies Is A Sleeping Giant, Buy Now Before The Next Leg Higher
SoFi Technologies stock has surged 170% since our initial bullish call, driven by robust member growth, revenue diversification, and improving margins. SOFI's comprehensive financial product offerings...
Best Cathie Wood stocks to buy and hold in 2025
Cathie Wood's exchange-traded funds have not done well over time. The flagship ARK Innovation Fund (ARKK) has continued to underperform the broad market in the past few years as some of its prominent ...
SOFI Rallies Off $525M Personal Loan Deal, Yields Key in Growth
SoFi Technologies (SOFI) added to its near 120% year-long rally after finalizing a $525 million personal loan deal with PGIM Fixed Income. George Tsilis notes that the deal will open a "revolving line...
SoFi and PGIM Fixed Income Announce $525 Million Securitization Agreement, Signaling Continued Demand for Personal Loans
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 Announces Monthly Distributions on $THTA (12.00%)
NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- SoFi, a leading provider of thematic and income ETFs, today announced monthly distributions on the SoFi Enhanced Yield ETF (THTA). Distribution as of 01/16/...
Defiance Launches SOFX, The First 2X Leveraged Single-Stock ETF on SoFi Technologies, Inc.
MIAMI, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs is proud to unveil SOFX , the first 2X long ETF for SoFi Technologies, Inc. SOFX seeks to provide 200% long daily targeted exposure to SoFi Techn...
SoFi: The Investment Case Is Complicated - Sell Some, Not All
I am downgrading SoFi to Sell due to its recent stock repricing and the complexity of its investment case despite its recent strong performance. SoFi excels in tech-first banking but risks cannibalizi...
SoFi Next 500 ETF Rates A Sell: Better Mid-Cap ETFs Available
The SoFi Next 500 ETF aims to find stocks that could grow into the top 500 and join the S&P 500 Index. The ETF tracks the Solactive SoFi US Next 500 Growth Index, focusing on large-cap U.S. issuers be...
Here Are 5 Stocks That I Believe Will Perform Very Strongly In 2025
Amazon is one of the few companies with free cash flow above $42 billion annually, primarily from its e-commerce division. SOFI has a tremendous flywheel effect and NU is one of the strongest fintechs...
SoFi Schedules Conference Call to Discuss Q4 2024 & Full Year 2024 Results
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 shares fall after KBW downgrade on valuation concerns
Personal finance app SoFi Technologies' shares fell as much as 7% on Thursday, after analysts at KBW downgraded the stock to "underperform" on concerns over its lofty valuation and ambitious financial...
SoFi Tech Downgraded Over Valuation Concerns: Stock Priced Three Times Its Peers
SoFi Technologies SOFI has faced recent downgrades from analysts citing concerns over the company's high valuation. However, technical analysis, particularly moving averages, suggests potential suppor...
SoFi: 10 Million Reasons To Still Own
SoFi Technologies, Inc. reached 10 million members in a sign the business will remain strong ending 2024. The fintech's revenue growth is now driven by financial services tied to members growth, with ...
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...