Should Investors Buy SoFi Stock Right Now?
SoFi reported continued progress in increasing members, profits, and revenue amid a more cautious consumer environment.
8 Reasons To Buy SoFi
Despite a challenging macro environment, SoFi posted a triple-beat quarter. With flawless execution, raised guidance, and looming rate cuts, the sky's the limit for SoFi. However, the stock is still down 70% from its all-time highs.
Sofi Tech's Lending And Financial Services Momentum Well Above Estimates: Goldman Sachs Raises Forecast
Goldman Sachs analyst Michael Ng reiterated a Neutral rating on Sofi Technologies Inc SOFI with a price target of $7.50.
SOFI Technical Analysis: Double-Digit Prices Are in Sight for SoFi Stock
Let's draw some lines and have a good time! SoFi Technologies (NASDAQ: SOFI ) just posted a highly positive second-quarter 2024 financial report.
SOFI Stock Price Prediction 2029: Where Will SoFi Technologies Be in 5 Years?
SoFi Technologies (NASDAQ: SOFI ) has been baffling bulls since it came public as a SPAC in 2021.. This year has been no exception.
SoFi Technologies: The Market Is Biased (Rating Upgrade)
SoFi reported solid Q2 earnings on Tuesday, beating on the bottom and the top line. The Fintech added 643k new members in Q2'24, due to continual momentum in the FS product category. SoFi raised its guidance for FY 2024 EBITDA and revenue again, chiefly due to strong customer acquisition and FS product momentum.
Why I Just Sold All of My SoFi Stock
SoFi remains a fintech innovator with strong member growth and has had two consecutive profitable quarters. However, the company's revenue growth is slowing while its net charge-off ratio is growing.
1 Huge Reason SoFi Beat Estimates
The financial services business is growing at an 80% clip.
SoFi Technologies: Improving Fundamentals And Declining Stock Price Mean Generational Buy
Today, SoFi Technologies, Inc. reported strong Q2 2024 earnings, beating estimates on both top and bottom lines; however, the stock is trading in the red. While all three business segments showed healthy revenue growth and improved unit economics, the Financial Services segment shone the brightest with 80% y/y growth. According to TQI's Valuation Model, SoFi stock is worth $22.53 per share. With its 5-year expected CAGR return standing at +37.57%, SOFI is a “Strong Buy” after its Q2 report.
SoFi Technologies: From Skeptic To Believer - My Journey With The Ticker
I was skeptical about Sofi because it seems like a crowded ticker with an unclear path to profitability. With shares down 72% off their peak, combined with the recent pivot towards profitability, I now see a compelling opportunity in the ticker. While the P/E ratio seems high, this is mitigated by the company's high earnings growth.
SoFi Wants Tech Platform to Be AWS of Financial Services
SoFi Technologies' leadership wants the company to become the “Amazon Web Services” (AWS) of FinTech. What that means is a lot of investment into technology and digital product innovation.
SoFi Technologies, Inc. (SOFI) Q2 2024 Earnings Call Transcript
SoFi Technologies, Inc. (NASDAQ:SOFI ) Q2 2024 Earnings Call Transcript July 30, 2024 8:00 AM ET Company Participants Maura Cyr - IR Anthony Noto - CEO Chris Lapointe - CFO Conference Call Participants John Hecht - Jefferies Terry Ma - Barclays Dan Dolev - Mizuho Kyle Peterson - Needham & Company Reggie Smith - JPMorgan Jeff Adelson - Morgan Stanley Peter Christiansen - Citigroup Tim Switzer - Stifel Operator Good morning. My name is Adam, and I will be your conference operator today.
