SoFi Technologies, Inc. (SOFI)

NASDAQ: SOFI · IEX Real-Time Price · USD
8.58
-0.42 (-4.62%)
Mar 4, 2024, 3:59 PM EST - Market closed
-4.62%
Market Cap 8.78B
Revenue (ttm) 2.12B
Net Income (ttm) -300.74M
Shares Out 976.74M
EPS (ttm) -0.36
PE Ratio n/a
Forward PE 109.99
Dividend n/a
Ex-Dividend Date n/a
Volume 34,679,628
Open 9.05
Previous Close 8.99
Day's Range 8.57 - 9.13
52-Week Range 4.45 - 11.70
Beta 1.79
Analysts Hold
Price Target 8.76 (+2.16%)
Earnings Date Jan 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]

Industry Credit Services
Sector Financials
Founded 2011
Employees 4,400
Stock Exchange NASDAQ
Ticker Symbol SOFI
Full Company Profile

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 Statements

Analyst Forecast

According to 18 analysts, the average rating for SOFI stock is "Hold." The 12-month stock price forecast is $8.76, which is an increase of 2.16% from the latest price.

Price Target
$8.76
(2.16% upside)
Analyst Consensus: Hold
Stock Forecasts

News

SoFi Named the Official Banking Partner of the NBA, NBA G League, NBA 2K League and USA Basketball

SAN FRANCISCO--(BUSINESS WIRE)--The National Basketball Association (NBA) and SoFi today jointly announced a multi-year partnership making SoFi the official banking partner of the NBA, NBA G League, N...

20 days ago - Business Wire

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. Later this mo...

21 days ago - Business Wire

New SoFi at Work Survey Finds More Employees than Ever are Stressed About Finances, Reveals Simple Ways Employers Can Help

SAN FRANCISCO--(BUSINESS WIRE)---- $SOFI--More employees than ever — nearly 9 out of 10 — are feeling stressed about their finances, with almost half saying they're just getting by. Despite budgets fo...

27 days ago - Business Wire

FinTech IPO Index Adds 0.5% as SoFi Weighs In With Earnings

Headed into the end of January, and with earnings season in full swing, the FinTech IPO Index was up a slight 0.5%. Earnings Capture Headlines SoFi's stock was up 1%, leading the headlines tied to the...

4 weeks ago - PYMNTS

Best US stocks to buy in February 2024

US stocks have started the year well with indices like the Dow Jones, Nasdaq 100, and S&P 500 index surging to their all-time high. This rally has been led by technology companies like Juniper Network...

4 weeks ago - Invezz

SoFi Stock Gets First Downgrade After Earnings. Here's What Morgan Stanley Doesn't Like.

Shares of the fintech have traded lower following a sizable gain on Monday.

4 weeks ago - Barrons

Three-Stock Lunch: SoFi, Warner Bros. Discovery and ResMed

Boris Schlossberg, BK Asset Management, joins 'Power Lunch' to discuss SoFi, Warner Bros. Discovery and ResMed.

Other symbols: RMDWBD
5 weeks ago - CNBC Television

SoFi soars after first-ever profit beats estimates

SoFi Technologies' stock surged 19% on Monday after the financial technology firm made its first-ever profit and beat estimates.

5 weeks ago - Reuters

SoFi Stock Soars After First Quarterly Profit

SoFi Technologies Inc. (SOFI) shares jumped over 19% in intraday trading Monday after the online bank and personal finance lender posted its first quarterly profit Monday as sales and membership soare...

5 weeks ago - Investopedia

SoFi Turns a Profit for the First Time

SoFi Technologies Inc. Chief Executive Officer Anthony Noto talks about how the firm reported a profit for the first time. He sees 75% growth in its financial services segment for the year ahead.

5 weeks ago - Bloomberg Technology

SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy' Opportunities

SoFi Technologies said in its latest earnings report that it had seen significant growth in cross-selling activity, and noted that the vast majority of its SoFi Money deposits came from direct deposit...

5 weeks ago - PYMNTS

SoFi Breaks Down Barriers to Investing By Offering Alternative Investments

SAN FRANCISCO--(BUSINESS WIRE)---- $SOFI--SoFi (NASDAQ: SOFI), the all-in-one digital personal finance company, announced today that SoFi Invest members will now be able to invest in select alternativ...

5 weeks ago - Business Wire

SoFi stock pops 10% on another quarter of record revenue

SoFi Technologies Inc is up nearly 10% in premarket this morning after reporting another quarter of record revenue (adjusted). SoFi stock up despite muted revenue guidance The stock is being rewarded ...

5 weeks ago - Invezz

SoFi's stock rockets as earnings blow past expectations on surging loan volumes

SoFi Technologies Inc. shares were surging in premarket trading Monday after the financial-technology company rode surging lending volumes to better-than-expected profitability for the latest quarter.

5 weeks ago - Market Watch

SoFi Technologies, Inc. Reports Fourth Quarter and Fiscal Year 2023 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 ...

5 weeks ago - Business Wire

SoFi stock to have huge earnings growth, markets like the story

Many market participants have become weary of the new all-time highs being pushed out by the market indices, such as the broader S&P 500 or the technology-heavy NASDAQ. The law of the market stood fir...

5 weeks ago - MarketBeat

SoFi Earnings Could Bring Company's First Quarterly Profit

Analysts, however, expect the fintech to break even in its fourth quarter.

5 weeks ago - Barrons

What To Expect From SoFi (SOFI) Earnings

SoFi Technologies (SOFI) report earnings on Monday, premarket. Its 4Q adjusted EPS is estimated at $0.00 and revenue is estimated at $574.33M.

5 weeks ago - Schwab Network

SoFi Launches Small Business Financing Marketplace

SAN FRANCISCO--(BUSINESS WIRE)---- $SOFI--SoFi (NASDAQ: SOFI), the digital personal finance company, announced today the expansion of its new small business marketplace within the SoFi product experie...

6 weeks ago - Business Wire

SoFi Takes Home Three Awards in NerdWallet's 2024 Best-Of Awards

SAN FRANCISCO--(BUSINESS WIRE)--Today, SoFi (NASDAQ: SOFI), the digital personal finance company, received three 2024 Best-Of Awards from NerdWallet, Inc., a platform that provides financial guidance ...

2 months ago - Business Wire

SoFi Schedules Conference Call to Discuss Q4 2023 & Full Year 2023 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...

2 months ago - Business Wire

SoFi Accelerates Retirements With 2% Match On IRA Contributions

SAN FRANCISCO--(BUSINESS WIRE)--SoFi, the all-in-one digital personal finance company, today announced SoFi Invest will offer a 2% match on all eligible IRA (individual retirement account) contributio...

2 months ago - Business Wire

3 Charts For Investors to Watch Thursday: Meta Platforms, SoFi Technologies, XLE ETF

Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to watch.

Other symbols: METAXLE
2 months ago - Investopedia

SoFi's stock could follow record year with a sharp plunge, this new bear warns

SoFi Technologies Inc. shares more than doubled last year in what was their best annual performance since the financial-technology company went public in 2021. But one analyst worries that momentum wo...

2 months ago - Market Watch

SoFi stock forecast: short-term turbulence, uptrend is intact

SoFi (NASDAQ: SOFI) stock price retreated sharply on Wednesday as American equities continued their slump. The stock crashed by more than 4% after receiving a downgrade from an analyst at Keefe Bruyet...

2 months ago - Invezz