Liz Young Thomas, SoFi head of investment strategy, and Angela Mwanza, Rockefeller Global Family Office private advisor, join CNBC's 'Closing Bell' to discuss market outlooks.
BofA sees the stock “priced to perfection,” while noting lesser visibility into tech deals and renewed attention on fair-value accounting.
SoFi (SOFI 2.36%) has more than doubled from its 2024 lows, and the company continues to grow at a rapid pace. In this video, longtime Motley Fool contributors Matt Frankel and Tyler Crowe discuss what they think the business will do in 2025 and some big unanswered questions they have as we head into the new year.
The US fintech market is still in its infancy, but SoFi Technologies SOFI appears to be stealing a march on its rivals amid a whirlwind second half of 2024. Could the personal finance firm really become a dominant force in the industry's future?
SoFi's share price has more than doubled due to solid performance, promising partnerships, and favorable monetary environment. The Q3 2024 earnings report shows a 30% YoY revenue increase and a significant turnaround to $61 million net income, highlighting operational efficiency. SoFi's valuation appears attractive compared to peers like Revolut, with a forward P/E ratio poised to shrink rapidly due to aggressive EPS growth.
After being largely ignored by the market for several years, at least in terms of the stock price, SoFi's (SOFI -0.19%) stock performance is finally starting to reflect the bank's excellent growth momentum and future potential. However, if the bank keeps doing what it's doing, it could easily double in size, or more, in the next few years.
SoFi Technologies, Inc. (NASDAQ:SOFI ) UBS Global Technology and AI Conference December 4, 2024 2:55 PM ET Company Participants Chris Lapointe - Chief Financial Officer Conference Call Participants Timothy Chiodo - UBS Timothy Chiodo Okay, great. Welcome, everyone, to the UBS Global Technology and AI Conference.
Momentum investing is all about riding bullish trends where buyers are in control. And that's precisely what we've seen with Tesla, SoFi, and Palantir as of late.
SoFi Technologies (SOFI -3.05%) stock climbed 47% in November according to data provided by S&P Global Market Intelligence. The online bank gave investors renewed confidence in its loan segment along with an excellent third-quarter report at the end of October.
SoFi Technologies (SOFI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
JP Morgan analyst Reginald L. Smith noted that 2024 was a tale of two halves for fintech stocks.
SoFi Technologies (NASDAQ: SOFI) has captured the spotlight in the market, with its stock surging 56% this month and nearly doubling in value over the past three months. Currently trading at $16.36, the stock has reached a 52-week high.