PrimaryBid, a U.K. FinTech company that powers retail inclusion in global capital markets, has reportedly been acquired by SoFi Technologies. A message on PrimaryBid's website dated Friday (May 8) says: “PrimaryBid's technology has been acquired by SoFi Technologies Inc, a US-listed financial services company.
SoFi Technologies (SOFI) delivered 41% YoY adjusted net revenue growth and record Q1 metrics, yet the market punished shares for flat EPS and unchanged 2026 guidance. SOFI's lending segment excelled, with $12.2B total originations (+68% YoY) and strong credit performance, while the Loan Platform Business provides capital flexibility and fee revenue. Big Business Banking, SoFi Plus, and a robust cross-buy flywheel are driving new revenue streams and positioning SOFI as a comprehensive financial platform.
SoFi is rated Buy, with 36% upside potential and a $22 price target, following operationally strong Q1 results. SOFI's member base grew 35% to 14.7M, with 42.7% Y/Y revenue growth and robust cross-buying driving higher-margin lending adoption. Despite rising personal loan charge-offs to 3.03%, credit performance remains within management's loss tolerance, and capital ratios are well above regulatory minimums.
SOFI gains nearly 5% after Q1 as strong member growth, loan originations, and steady 2026 guidance boost investor confidence.
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.
SoFi (SOFI +2.05%) made several choices that concerned investors.
Our SoFi Technologies (NASDAQ:SOFI | SOFI Price Prediction) thesis comes down to a simple question: how much should investors pay for a digital bank growing members 35% per year while the market punishes a single soft segment?
SoFi Technologies, Inc. maintains a Strong Buy rating despite recent price weakness driven by macro uncertainty and the Chime customer exit. SOFI's Technology Platform revenue declined 27% YoY due to Chime's transition to in-house processing, but diversified revenue streams and organic growth remain robust. The Lending segment delivered 53% YoY revenue growth and a 61% margin, while Financial Services grew 41% YoY, even as margins compressed from higher credit loss provisions and marketing costs.
SoFi Technologies (SOFI) delivered strong double-digit top and bottom-line growth, with 14.7 million members and 38% CAGR in membership. Despite a recent 15% post-earnings sell-off, SOFI's consistent earnings beats and management's insider buying reinforce my bullish conviction. The fintech's 'everything app' strategy and projected 18% market CAGR through 2034 present substantial long-term tailwinds.
SoFi's member base reached 14.7 million (+35% YoY), while products grew 39% YoY to 22.2 million, boosting cross-buying to 43%. Q1 revenue surged 41% YoY to $1.1 billion, with EBITDA hitting $340 million and margins expanding to 31%. Deposit growth of $2.7 billion lifted total deposits to $40.2 billion, improving net interest margins to 5.94%.
Stephens trimmed its price target on SoFi Technologies (NASDAQ:SOFI | SOFI Price Prediction) stock to $25 from $26, with analyst Kyle Joseph keeping an Overweight rating.
SoFi Technologies (SOFI) experienced a record post-earnings decline but maintains strong growth fundamentals, and earnings growth is remains resilient. SOFI's loan platform business faces scrutiny due to a sequential slowdown and increased personal loans, yet management secured $3.6B in new LPB commitments. I'm not too concerned. Despite market disappointment over unchanged guidance, SOFI projects 30% FY2026 revenue growth and exceptional 41% YoY financial services expansion. What's the market so worried about?