SoFi Technologies, Inc. (SOFI)
| Market Cap | 9.54B |
| Revenue (ttm) | 1.96B |
| Net Income (ttm) | -388.66M |
| Shares Out | 958.74M |
| EPS (ttm) | -0.45 |
| PE Ratio | n/a |
| Forward PE | 310.27 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 38,251,055 |
| Open | 10.25 |
| Previous Close | 10.28 |
| Day's Range | 9.81 - 10.30 |
| 52-Week Range | 4.43 - 11.70 |
| Beta | 1.70 |
| Analysts | Hold |
| Price Target | 8.78 (-11.76%) |
| Earnings Date | Jan 29, 2024 |
About SOFI
SoFi Technologies, Inc. provides various financial services. 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 also 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 institutions and brokerage services, as well as Technisys, a cloud-nativ... [Read more]
Financial Performance
In 2022, SOFI's revenue was $1.57 billion, an increase of 59.77% compared to the previous year's $984.87 million. Losses were -$320.41 million, -33.79% less than in 2021.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for SOFI stock is "Hold." The 12-month stock price forecast is $8.78, which is a decrease of -11.76% from the latest price.
News
SoFi will become profitable for the first time in 2024, says Malcolm Ethridge
Malcolm Ethridge, Executive VP at CIC Wealth, discusses why he's bullish on SoFi.
Mizuho's Dan Dolev sees more upside for Affirm and SoFi in 2024
Dan Dolev, Mizuho Securities, joins 'The Exchange' to discuss Buy Now Pay Later and if there's more upside for the space's stocks.
Up 99% In 2023, Why ARK Could Profit From Buying More SoFi Stock
As a shareholder of San Francisco-based fintech, SoFi Technologies, I am disappointed its stock trades 61% below the high it reached in June 2021 – the day it went public by merging with a Special Pur...
Kimley-Horn to Offer 401(k) Student Loan Repayment Match in 2024
Qualifying Employees to Receive Up to 8% of Their Salary Plus Bonus for Outstanding Student Loans from One of the Country's Best 401(k) Plans, in Partnership with SoFi at Work RALEIGH, N.C. , Dec. 13,...
Short interest at SoFi could quickly send the stock flying higher
Have you noticed how life has been getting slower lately? Summer and Spring travel is over for the most part, and the end-of-year bug has bitten everyone this month, especially those on Wall Street.
SoFi's Liz Young on economy: Bullish sentiment is as high as it's going to get
Liz Young, SoFi head of investment strategy, joins 'Closing Bell' to discuss her take on the markets, the market rallying and yields falling.
Tech could be too toppy right now but the market has been strong, says SoFi's Liz Young
Liz Young, Sarat Sethi, Jim Lebenthal, and Steve Weiss join 'Halftime Report' to discuss Meta CEO Mark Zuckerberg selling shares of the company, the outlook for the tech sector, and more.
Equities Need to Broaden Out for 2024 Bull Case: SoFi's Young
Liz Young, head of investment strategy at SoFi, believes the positive correlation in stocks and bonds can continue “for a little while,” and explains why she is cautious on cyclicals heading into 2024...
Here's why SoFi's Liz Young doesn't expect employment to remain stable
Liz Young, SoFi head of investment strategy, joins 'Closing Bell' to discuss markets, labor trends, and their market outlook for 2024.
There's still room for a rally to continue, says SoFi's Liz Young
Josh Brown, Joe Terranova, Liz Young, and Jenny Harrington join 'Halftime Report' to discuss the trajectory of a year-end rally, competition in the AI space, and more.
SoFi Stock Drops Amid Loan Valuation Debate
Despite recent declines, the fintech stock is having a stellar year.
The market is in a purgatory state, says SoFi's Liz Young
Liz Young, SoFi head of investment strategy, and Joe Terranova, Virtus Investment Partners chief market strategist, join 'Closing Bell' to discuss the current economic call for a soft landing and wher...
SoFi Invest Launches the SoFi Enhanced Yield ETF to Offer Investors a New Income Source
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced the launch of the SoFi Enhanced Yield ETF (NYSE Arca: THTA). With THTA, SoFi is ...
SoFi CEO Anthony Noto makes $300,000 stock purchase, and CFO buys as well
Chief Executive Anthony Noto scooped up 44,000 shares of SoFi SOFI, -0.51% Thursday at an average price of $6.78, according to a filing with the Securities and Exchange Commission. He paid $298,000 in...
SoFi to Participate in Upcoming Investor Conferences
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), the digital personal finance company, today announced management participation in two upcoming events within the investor commun...
FinTech IPO Index Surges 6%, as SoFi and NerdWallet Post Quarterly Results
Earnings season is in full swing, and has given several names in the FinTech IPO Index a boost. Through the past five days, the index surged 6%.
Let's Hope Your Secret Santa is a Millennial: SoFi Checking & Saving Study Shows This Generation Spends $1,500 on Holiday Shopping
SAN FRANCISCO--(BUSINESS WIRE)--With the holidays chipping away at consumers' wallets already, SoFi Checking & Savings1 found that Americans will spend over $1,100 on average on holiday gifts, with Mi...
SoFi's stock gains as a onetime skeptic changes his tune
SoFi Technologies Inc. shares saw muted gains Monday after the company delivered an upbeat earnings report, but they were enjoying a far stronger rally Tuesday.
SoFi Shares Gain as FinTech Company Reports Record Memberships, Boosts Guidance
Shares of SoFi Technologies (SOFI) gained ground Monday after the fintech company raised its full-year guidance following a quarter in which it achieved record new memberships and product enrollment, ...
SoFi cites student loan repayments in Q3 earnings beat
SoFi (SOFI) shares jumped on better-than-expected third-quarter earnings results, boosted by the return of federal student loan payments. Dominick Gabriele, Oppenheimer Executive Director and Senior A...
SoFi Raises Revenue Forecast for 2023
SoFi Technologies Chief Executive Officer Anthony Noto says the company is executing across the board and we "have to keep delivering." The company raised its revenue forecast for 2023 and said deposi...
SoFi CEO says student loans were not the primary driver of strong Q3
SoFi Technologies Inc (NASDAQ: SOFI) opened in the green this morning after reporting solid results for its fiscal third quarter. SoFi raised guidance on Monday The stock is being rewarded also becaus...
SoFi Student Loan Originations Soar 101% Year Over Year as Repayments Resume
SoFi earnings lauded a surge in student loan demand ahead of repayments that resumed this fall, marking its highest quarterly pace of originations in more than a year. Earnings materials from the comp...
SoFi CEO: The bigger driver for Q3 was tech platform and personal loans, not student loans
SoFi CEO Anthony Noto joins 'Squawk on the Street' to discuss the company's quarterly earnings results, technology platform guidance, and more.