SoFi Technologies, Inc. (SOFI)

NASDAQ: SOFI · IEX Real-Time Price · USD
7.19
+0.03 (0.42%)
Apr 18, 2024, 2:19 PM EDT - Market open
0.42%
Market Cap 7.60B
Revenue (ttm) 2.12B
Net Income (ttm) -300.74M
Shares Out 1.06B
EPS (ttm) -0.36
PE Ratio n/a
Forward PE 87.41
Dividend n/a
Ex-Dividend Date n/a
Volume 22,688,912
Open 7.16
Previous Close 7.16
Day's Range 7.07 - 7.38
52-Week Range 4.45 - 11.70
Beta 1.76
Analysts Hold
Price Target 8.90 (+23.53%)
Earnings Date Apr 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 21 analysts, the average rating for SOFI stock is "Hold." The 12-month stock price forecast is $8.9, which is an increase of 23.53% from the latest price.

Price Target
$8.9
(23.53% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Rapid Finance Taps SoFi, Galileo to Enable Rapid Access Mastercard for Small Business Financing

BETHESDA, Md. & SALT LAKE CITY--(BUSINESS WIRE)--Rapid Finance, a small business banking platform helping small businesses find customized financing solutions, in collaboration with Galileo Financial ...

2 days ago - Business Wire

SOFI Announces Monthly Distributions on $THTA (13.07%)

NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- SoFi, a leading provider of thematic and income ETFs, today announced monthly distributions on the SoFi Enhanced Yield ETF (THTA).

2 days ago - GlobeNewsWire

SoFI Technologies, Microsoft, Amazon, AMD, and Other Tech Stocks in Focus Today

Tech stocks had a bad day Wednesday after U.S. inflation data came in hot but were looking to stabilize early Thursday.

Other symbols: AMDAMZNMSFT
7 days ago - Barrons

SoFi Announces New Partnership with #4 World Ranked Professional Golfer and Reigning U.S. Open Champion Wyndham Clark

SAN FRANCISCO--(BUSINESS WIRE)--SoFi (NASDAQ: SOFI), the digital personal finance company, announced a multi-year partnership with #4 world-ranked professional golfer and reigning U.S. Open Champion, ...

9 days ago - Business Wire

SoFi CEO Anthony Noto saw his pay increase more than 40% last year

Anthony Noto, the chief executive of SoFi Technologies Inc., saw his total compensation grow by more than 40% last year, thanks in large part to a sizable increase in the value of his stock awards.

9 days ago - Market Watch

SoFi Schedules 2024 Annual Meeting of Stockholders

SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), the digital personal finance company, today announced plans to host its 2024 Annual Meeting of stockholders (the “2024 Annual Me...

9 days ago - Business Wire

SoFi's stock has faced very negative sentiment, but that seems to be softening

Wall Street has been warming up a bit more to SoFi Technologies Inc. shares this week, as they just picked up their second upgrade of the past few days.

13 days ago - Market Watch

SoFi (SOFI) Could be a Long-Term Winner

“We view SoFi as a long-term winner in the digital lending/neobank space,” according to Needham. George Tsilis discusses how Needham initiates coverage of SoFi (SOFI).

13 days ago - Schwab Network

SoFi, Amazon, Dell, Micron, and Other Tech Stocks in Focus Today

After an unconvincing start to the quarter for tech stocks, more optimism is beginning to shine through.

Other symbols: AMZNDELLMU
14 days ago - Barrons

SoFi (SOFI) as a Long-Term Winner

“We view SoFi as a long-term winner in the digital lending/neobank space,” notes Needham. George Tsilis discusses SoFi (SOFI) as Needham has a buy rating and a $10 price target on SoFi.

14 days ago - Schwab Network

Cramer's Stop Trading: SoFi

CNBC's Jim Cramer explains why he is keeping an eye on shares of SoFi Technologies.

15 days ago - CNBC Television

SoFi Stock Bull Sees ‘Long-Term Winner' in Digital Lending

Needham analysts initiated coverage of shares of fintech SoFi at Buy with a $10 price target.

15 days ago - Barrons

Here's why SoFi's stock racked up a rare bullish call

Only four Wall Street analysts rate the stock a buy, with the latest bullish call coming in Wednesday

15 days ago - Market Watch

SoFi Schedules Conference Call to Discuss Q1 2024 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...

16 days ago - Business Wire

SoFi Announces Additional March Monthly Distributions on $THTA (13.14%)

NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) -- SoFi, a leading provider of thematic and income ETFs, today announced an additional distribution for the month of March on the SoFi Enhanced Yield ETF (THT...

27 days ago - GlobeNewsWire

SoFi CEO Anthony Noto on convertible note sale: We saw an opportunity to lower our debt

SoFi CEO Anthony Noto sits down with 'Mad Money' host Jim Cramer to talk convertible note sale, customer trends, and more.

4 weeks ago - CNBC Television

Navigating SoFi Technologies' price dip: will $6.5 support hold?

Online financial services company,  SoFi Technologies, Inc. (NASDAQ:SOFI) has experienced a significant decline in its stock value this month, plummeting by 22% since the beginning of March.

4 weeks ago - Invezz

Why this SoFi bull spies ‘opportunity in others' fear'

SoFi Technologies Inc.'s stock continues to find defenders in the wake of the financial-technology company's capital-raise announcement last week.

5 weeks ago - Market Watch

SoFi's stock had a historic drop earlier this week. What if it was misguided?

SoFi Technologies Inc.'s bid to raise capital sparked a record one-day selloff in its shares earlier this week. But what if Wall Street was misunderstanding the impact of that financial move?

5 weeks ago - Market Watch

SoFi Stock Just Had Its Worst Day Ever. Wall Street Mulls the Capital Raise.

On Tuesday, fintech SoFi announced plans to offer $750 million of convertible notes. Analysts were divided on the move.

6 weeks ago - Barrons

SoFi Technologies, Inc. Prices $750 Million Convertible Senior Notes Offering Due 2029

SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (“SoFi”) (NASDAQ: SOFI) today announced that it priced its private offering of 1.25% convertible senior notes due 2029 (the “notes”) in an aggre...

6 weeks ago - Business Wire

Why Does SOFI Stock Not Show Company Growth?

SoFi Technologies (SOFI) stock price fell sharply today after the debt offering announcement. George Tsilis says that SOFI can be attractive to investors as the fintech company continues to expand.

6 weeks ago - Schwab Network

SoFi Slumps on Plan To Sell Up To $862.5 Million in Convertible Bonds

Shares of SoFi Technologies (SOFI) tumbled 13% Tuesday, after the online financial services provider said it was planning to sell up to $862.5 million in convertible bonds.

6 weeks ago - Investopedia

Convertible-Bond Sales Are Booming. MicroStrategy, SoFi, Albemarle Plan Deals.

Attractive financing rates and a strong stock market are pushing chief financial officers to issue more convertible bonds.

Other symbols: ALBMSTR
6 weeks ago - Barrons

SoFi Technologies, Inc. Announces Proposed Convertible Senior Notes Offering Due 2029

SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (“SoFi”) (NASDAQ: SOFI) today announced its intention to offer, subject to market and other conditions, $750 million aggregate principal amount ...

6 weeks ago - Business Wire