SoFi Technologies, Inc. (SOFI)
| Market Cap | 15.12B |
| Revenue (ttm) | 2.52B |
| Net Income (ttm) | 184.39M |
| Shares Out | 1.09B |
| EPS (ttm) | 0.12 |
| PE Ratio | 117.57 |
| Forward PE | 58.11 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 47,443,895 |
| Open | 13.81 |
| Previous Close | 13.63 |
| Day's Range | 13.70 - 14.30 |
| 52-Week Range | 6.01 - 14.44 |
| Beta | 1.61 |
| Analysts | Hold |
| Price Target | 9.04 (-35.1%) |
| Earnings Date | Oct 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 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 13 analysts, the average rating for SOFI stock is "Hold." The 12-month stock price forecast is $9.04, which is a decrease of -35.10% from the latest price.
News
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...
SoFi: Far Too Early To Exit
SoFi reported a massive quarterly beat for Q3'24 with revenues smashing analyst estimates by over $63 million. The fintech continues to generate impressive growth by expanding new products, including ...
SoFi's Breakout Is Here, Upward Momentum Remains To Be Seen
SoFi is likely to remain a long-term winner, thanks to its profitable and high growth fintech/online bank prospects, on top of the cheap FWD PEG ratio of 0.88x. The management has also achieved the FQ...
SoFi: The Turn Of The Tide Has Come (Technical Analysis)
SoFi's near term technicals are strong as the chart indicates it is in both an accelerated and more modest uptrend. Its longer term technicals are a bit more mixed but the key signal is that the stock...
SoFi: Firing On All Cylinders
SoFi Technologies exceeded profit expectations in 3Q24, gaining 756,000 new members and raising its EBITDA forecast for the third time. The Financial Services segment grew its contribution profit by n...
The Fintech Shift: Why SoFi Technologies Is Poised For Growth
SoFi Technologies' transition from an online banking company to a fintech firm, bolstered by acquisitions like Galileo and Technisys, positions it for significant growth opportunities. Its potential a...
SoFi Impresses With Q3 Beat And Upgraded Guidance, Analysts Boost Price Forecasts On Loan Momentum
SoFi Technologies Inc SOFI stock is trading higher after Needham analyst Kyle Peterson maintained a Buy rating and raised its price target from $10 to $13.
SoFi CEO says the company focused on diversifying the business in 2024
SoFi CEO Anthony Noto discusses the 2024 fiscal year forecast on 'The Claman Countdown.'
SoFi Money Accounts Surge 54% as Monetization Across All Products Continues
SoFi Technologies' cross-selling continues, and certain trends seem well in place as the interest rate environment becomes more benign. Members are accessing more products across the company's platfor...
SoFi: The Customary Earnings Dip Is A Buying Opportunity
Earlier this morning, SoFi Technologies, Inc. reported strong Q3 2024 results, beating top and bottom-line estimates, and raised FY2024 guidance. Yet, the stock dropped over 10%. However, given SoFi's...
SoFi Technologies Q3: Market Is Dead Wrong, Perfect Stock For Rate Cuts
SoFi Technologies, Inc.'s recent earnings beat and strong Q3 performance, with $697 million in revenue and $0.05 GAAP EPS, highlight its growth potential. Despite a 10% stock drop post-earnings, SoFi'...
"Problem Lies in Valuation" for SOFI
Despite SoFi's (SOFI) CEO calling the latest quarter the strongest he's ever seen, shares of SOFI sold off following the report. George Tsilis says the company rebounded in many ways but points to val...
SoFi CEO: Don't Need to Grow Balance Sheet Faster
SoFi raised its profit guidance for a third time this year as the fintech benefited from efforts to diversify beyond the student-lending business that made its name. SoFi CEO Anthony Noto joins Caroli...
SoFi Technologies, Inc. (SOFI) Q3 2024 Earnings Call Transcript
SoFi Technologies, Inc. (NASDAQ:SOFI) Q3 2024 Earnings Conference Call October 29, 2024 8:00 AM ET Company Participants Maura Cyr - IR Anthony Noto - CEO Chris Lapointe - CFO Conference Call Particip...
Why did SoFi shares slide 11% despite reporting impressive quarterly earnings?
SoFi Technologies' shares dipped by as much as 11% on Tuesday morning open despite reporting impressive earnings before beginning to pare losses, as experts attributed the dip to a breather in the ral...