Discover Is Selling Its Student Loan Portfolio. What Does That Mean for SoFi Stock?
Discover Financial Services (NYSE: DFS ) announced this morning that its subsidiary, Discover Bank, would sell its private student loan portfolio. The buyer consists of at least one strategic partnership managed by Carlyle (NASDAQ: CG ) and KKR (NYSE: KKR ).
SoFi Stock Price Prediction: Where Will It Be in 1 Year
24/7 Insights SoFi Technologies Inc. (NASDAQ: SOFI) stock has struggled, but there are signs of a potential recovery.
SoFi Stock Alert: Why This Beaten-Down Fintech Could Skyrocket
SoFi Technologies (NASDAQ: SOFI ) is a fintech growth stock that's had a pretty dismal showing in recent years. Despite its recent tick higher over the past month, SOFI stock is still down roughly 75% from its 2021 peak, suggesting that many long-term growth investors may have lost faith in this once high-flying name.
This Is SoFi's Secret Weapon Nobody Talks About
SoFi stock has found no love from Wall Street, but that might change soon.
This Stock Could Rally Following a Bottom in Mortgage Markets
Every investor today seems to be after the technology sector's hype, particularly in stocks, centered around the advancement and adoption of artificial intelligence in the global economy. While these stocks have dominated the momentum arena lately, there are other companies worthy of investor attention, filled with catalysts and tailwinds that could bring potentially market-beating returns.
Where's Why SoFi Stock Lost 34% in the First Half of the Year
SoFi has reported two straight quarters with positive net income, and it's guiding for that to continue. Management expects the lending business to contract as a portion of the whole.
SoFi: Hitting Bottom Again
SoFi got hit with double price target cuts from KBW and Barclays, but the stock immediately started trading up off the initial bottom. The CEO and CFO have been extremely clear that the fintech is on path to hit loan loss targets, contrary to these negative analyst calls. SoFi is forecasted to generate $1.2 billion in adjusted EBITDA in 2026, trading at a deep discount with potential for significant upside.
Down 30%, Is Now a Good Time to Buy the Dip in SoFi Stock?
Shares of SoFi have cratered 30% so far in 2024, drastically underperforming the S&P 500 and Nasdaq Composite. SoFi's largest source of revenue comes from lending, a business that experienced no growth during the first quarter.
SoFi Technologies, Inc. (SOFI) Is a Trending Stock: Facts to Know Before Betting on It
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.
KBW Just Cut Its Price Target on SoFi (SOFI) Stock
SoFi Technologies (NASDAQ: SOFI ) stock is in the news Wednesday after analysts at Keefe, Bruyette & Woods cut their price target for the financial services company's shares. The KBW analysts decreased their price target for SOFI stock from $7.50 per share to $7.00 per share.
Barclays Just Cut Its Price Target on SoFi (SOFI) Stock
Is Wall Street sentiment toward one of the hottest names in fintech shifting? SoFi Technologies (NASDAQ: SOFI ) has been highly volatile lately as it battles a complicated economic landscape.
Behind SoFi Technologies Stock's Bear Notes
The shares of SoFi Technologies Inc (NASDAQ:SOFI) are rapidly approaching penny stock territory, down 2.8% at $6.18 at last glance.
