SoFi Technologies (SOFI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The investment thesis highlights the company's strong market position, innovative product line, and consistent revenue growth as key drivers for future stock appreciation. Rating justification is based on robust financial health, strategic acquisitions, and a favorable industry outlook, making the stock a compelling buy. The opening paragraphs emphasize the company's impressive track record and potential for continued success in a competitive market.
SoFi Technologies (SOFI 3.00%) announced a massive deal with a third-party lender to purchase billions in loan originations.
SoFi secured $3.2B in new loan funding, bringing its total third-party capital commitments to over $5B. Non-lending segments drove 47% of 2024 revenue, up from 38% in 2023, accelerating SoFi's platform transformation. The company generated $67M in fee income from $2.1B of LPB-originated loans, without holding credit risk.
Despite tariff-driven market volatility, shares of SoFi Technologies Inc. (NASDAQ: SOFI) are up 2.6% in the past week.
SoFi has secured agreements that amount to a $3.2 billion expansion to its Loan Platform Business, which refers prequalified borrowers to loan origination partners and originates loans on behalf of third parties.
It's an understatement to say there's a lot of pessimism in the stock market right now. Tariffs have been imposed, rescinded, and modified, making it very difficult for investors and businesses to map out long-term strategies.
SoFi Technologies (NASDAQ:SOFI) has carved out a niche in consumer finance, and is among the companies in the fintech sector many continue to believe could be a long-term winner.
Shares of SoFi Technologies (SOFI 1.07%) had a phenomenal two-year run. In the 24-month period from the start of 2023 to the end of 2024, they soared 234%.
Markets have been unsettled at the start of 2025, with considerable uncertainty regarding President Donald Trump's economic policies and how things will unfold. The benchmark S&P 500 has experienced significant volatility in recent weeks.
SoFi reported $2.61 billion in 2024 adjusted net revenue, up 26% year-over-year, with strong non-lending growth. Fee-based segments, Technology Platform and Financial Services, generated $1.2 billion, growing 54% and comprising 47% of total revenue. Lending contributed $1.45 billion, driven by $23.2 billion in originations across personal, student, and home loans.
Despite tariff-driven market volatility, shares of SoFi Technologies Inc. (NASDAQ: SOFI) are up 10.0% in the past week.