SoFi Technologies, Inc. (SOFI)

NASDAQ: SOFI · IEX Real-Time Price · USD
7.98
+0.02 (0.25%)
At close: Aug 8, 2022 4:00 PM
7.72
-0.26 (-3.26%)
Pre-market: Aug 9, 2022 7:15 AM EDT
0.25%
Market Cap 6.38B
Revenue (ttm) 1.12B
Net Income (ttm) -416.73M
Shares Out 799.63M
EPS (ttm) -0.65
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 54,948,178
Open 8.14
Previous Close 7.96
Day's Range 7.88 - 8.49
52-Week Range 4.82 - 24.65
Beta n/a
Analysts Buy
Price Target 8.75 (+9.6%)
Earnings Date Aug 2, 2022

About SOFI

SoFi Technologies, Inc. provides digital financial services. It operates through three segments: Lending, Technology Platform, and Financial Services. The company's lending and financial services and products allows its members to borrow, save, spend, invest, and protect their money. It offers student loans; personal loans for debt consolidation and home improvement projects; and home loans. The company also provides cash management, investment, and technology services. In addition, it operates Galileo, a technology platform that offers service... [Read more...]

Industry Consumer Finance
Founded 2011
Employees 2,500
Stock Exchange NASDAQ
Ticker Symbol SOFI
Full Company Profile

Financial Performance

In 2021, SOFI's revenue was $984.87 million, an increase of 74.15% compared to the previous year's $565.53 million. Losses were -$483.94 million, 116.0% more than in 2020.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for SOFI stock is "Buy." The 12-month stock price forecast is 8.75, which is an increase of 9.65% from the latest price.

Price Target
$8.75
(9.65% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SoFi Just Had a Nice Quarter, but Here Are 3 Things It Can Do Better

SoFi's beat-and-raise second-quarter results sent shares soaring higher.

Nasdaq Rebound: 3 Stocks Down 67% to 82% to Buy Now

A recovery could bring considerable returns in these stocks.

Other symbols: AFRMDOCU

SoFi Is Starting to See the Benefits From Becoming a Bank

The company just reported its first quarterly profit in the second quarter.

Better Buy: SoFi Technologies vs. Upstart Holdings

One of these up-and-coming financial technology stocks is a much-better investment right now.

Other symbols: UPST

Here's Why SoFi Spiked After Earnings -- And What to Watch Now

SoFi soared after earnings, and for good reason. Here's a breakdown of the numbers.

August dips will be buying opportunities, says SoFi's Liz Young

Stephanie Link, Hightower Advisors, Dan Greenhaus, Solus Alternative Asset Management, and Liz Young, SoFi, join 'Closing Bell: Overtime' to discuss Expedia's earnings beat and the greater markets.

Other symbols: AVGOEXPEFTNTXLK

Here's Why SoFi, Affirm, and Upstart Are Rising This Week

SoFi's Q2 earnings results pleased the market.

Other symbols: AFRMUPST

SoFi Stock: 3 Reasons to Be Bullish After Earnings

SoFi can now be more aggressive in pricing thanks to its national bank charter.

Not they time to get into Fintech because they're still not making money, says Short Hills' Steve

Steve Weiss, Short Hills Capital founder, joins 'Closing Bell: Overtime' to discuss his case for investing in the Fintech trade.

Other symbols: AFRMHOODPYPLSQ

SoFi Soars Most Since 2021

SoFi CEO Anthony Noto joins Emily Chang on the heels of their earnings results after the company's second-quarter revenue and Ebitda beat the average analyst estimate, and the company raised its full-ye...

Here's Why SoFi Technologies Stock Soared Today

The fintech leader is gaining share in the massive financial services industry.

Why SoFi Technologies Stock Surged Over 25% Today

SoFi Technologies stock rocketed higher after a strong earnings report

SoFi stock rockets toward best day since early 2021 despite ‘dismal' student-loan numbers

SoFi Technologies Inc. has come a long way since its founding as a student-lending platform, and that expansion into new business areas has been paying off nicely for the company even amid a student-loa...

SoFi stock pops on Q2 earnings, revenue

Yahoo Finance Live's Brian Sozzi discusses how SoFi Technologies stock is performing after beating Q2 revenue estimates.

SOFI Stock Alert: 3 Key Reasons SoFi Is Roaring Higher Today

Shares of SoFi (NASDAQ: SOFI ) are trading higher by more than 20% after the company reported its second-quarter earnings. During the quarter, student loans accounted for 12.44% of total loan originatio...

SoFi Technologies' Earnings Report Blew Everyone's Mind

A beat across the board and raised guidance are not what most expect in the current market environment.

Fintech Stocks To Watch: PayPal, SOFI Jump On Earnings Reports

Fintech stocks have under-performed vs. the S&P 500 amid fears of a recession and competition from startups and tech giants Apple and Amazon.

Other symbols: PYPL

This Potential Catalyst Could Be Huge for SoFi

The loan payment moratorium has now been a headwind for SoFi for almost 2.5 years.

SoFi Technologies, Inc. (SOFI) Reports Q2 Loss, Tops Revenue Estimates

SoFi Technologies, Inc. (SOFI) delivered earnings and revenue surprises of 0% and 4.66%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

SOFI or Block? [Which Stock Should You Buy?

These two point-of-sale companies are very similar. But Block ( SQ ) is for companies and businesses that sell goods, while SoFi ( SOFI ) is for consumers who buy goods.

Other symbols: SQ

SoFi stock gains after earnings as revenue beats and losses shrink

Shares of SoFi Inc. were up nearly 3% in after-hours trading Tuesday after the company beat expectations with its latest results and delivered an upbeat earnings forecast for the current quarter.

SoFi Technologies, Inc. Reports Second Quarter 2022 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 mo...

Here's Why Shares of Affirm, SoFi, and Marqeta Surged In July

Tech and fintech stocks rallied in July.

Other symbols: AFRMMQ

Cheap Stocks to Buy Now if You Have $100 to Spend

The specter of rising interest and inflation rates have broken investors' spirits so far this year. High growth stocks, particularly, have sold off sharply and are trading at multi-year lows.

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3 Meme Stocks That Are Actually Solid Long-Term Picks

They may be the punchlines of online jokes, but a few of them are also surprisingly investment-worthy.

Other symbols: BBLCID