Should You Buy SoFi Technologies While It's Below $30?
SoFi Technologies (SOFI -2.85%) is making a name for itself in the competitive financial services industry. While investors might correctly view the market as being dominated by powerful mega-banks, this company has successfully found its place.
SoFi's Breakout Is Backed By Platform Economics
SoFi aims to scale its Loan Platform Business toward $1 billion in annual revenue, expanding beyond prime loans into near-prime categories. Management plans to relaunch crypto services and launch a SoFi stablecoin by year-end 2025, unlocking new payments and remittance growth. Deposits are projected to surpass $30 billion in 2025, strengthening net interest margins and funding growth across lending and platform businesses.
SoFi Is Expanding Its Options Offerings. Here's What You Should Know
SoFi Technology (SOFI) wants to make it easier to trade options for its customers.
Powering Modern Fintech: A Deep Dive Into SoFi's Galileo
SoFi's Galileo drives fintech innovation with unified API solutions, AI-powered support and expanding global partnerships.
SoFi Technologies, Inc. (SOFI) Stock Slides as Market Rises: Facts to Know Before You Trade
SoFi Technologies, Inc. (SOFI) concluded the recent trading session at $27.55, signifying a -1.54% move from its prior day's close.
SoFi: After A 122% Surge, Can The FinTech Leader Still Deliver Upside?
SoFi Technologies has surged 122% since my "Buy" rating in May, outperforming the S&P 500 and surpassing previous price targets. SOFI's investment case centers on its digital, one-stop-shop platform for financial services, targeting younger consumers and showing strong member and product growth. Risks include regulatory hurdles, brand reputation, and interest rate impacts, but opportunities remain in product adoption and potential international expansion.
Are Finance Stocks Lagging SoFi Technologies (SOFI) This Year?
Here is how SoFi Technologies, Inc. (SOFI) and Aviva (AVVIY) have performed compared to their sector so far this year.
SoFi Technologies: The Fintech Revolution Leader I'm Not Selling Yet
I remain bullish on SoFi Technologies, Inc., reiterating my Buy rating due to strong operational momentum and business diversification driving robust revenue and EPS growth. SoFi Q2 results impressed with 44% YoY adjusted net revenue growth, record membership additions, and expanding margins from fee-based income streams. SoFi's return to crypto services and blockchain payments presents a major future growth catalyst, expanding its total addressable market significantly.
SoFi: An Excellent Growth Story With More Room To Run; Buy
SoFi's Q2 earnings beat expectations, with 43% revenue growth and strong guidance, reflecting robust momentum across all business segments. The company's multifaceted business model, strategic partnerships, and acquisitions drive innovation, user growth, and diversification of revenue streams. SoFi has shifted its lending focus to fee-based revenue, reducing interest rate sensitivity and mitigating macroeconomic risks.
Should You Buy SoFi While It's Below $30?
Many financial services companies benefited from a booming economy and robust consumer spending over the past few years, including SoFi Technologies (SOFI -1.92%). The company has moved beyond its initial focus of student loans and added a slew of new financial services over the past few years to attract customers.
Big Analyst Revisions Could Be Ahead for SoFi Stock
There are a few things investors need to understand about Wall Street analysts. They are typically careful and wary of upgrading and boosting any company's valuation or rating (no matter how justified) if the price is lagging behind the broader S&P 500 index or the industry peer group.
The Transformation Driving SoFi Higher
SoFi's stock surged 55% in two months as fee-based revenue hit $378M, 44% of total revenue. Financial Services revenue soared 106% YoY to $363M with 52% contribution margins, nearly tripling last year's profitability levels. Technology Platform revenue reached $110M, up 15% YoY, maintaining a 30% margin while scaling recurring income streams.
