SoFi's shares have outperformed the market, driven by regulatory changes and resumption of student loan payments, making it a strong buy heading into earnings. The fintech bank's multi-segment platform and cross-selling opportunities position it for significant growth, especially with the end of the student loan payment moratorium. SoFi is expected to report strong Q1 earnings, with significant year-over-year growth in both EPS and revenue, driven by increased student loan refinancing demand.
SOFI's first-quarter 2025 earnings and revenues are likely to increase year over year.
Expectations are high for next week's earnings report, and shares of SoFi Technologies Inc.
To say that SoFi (SOFI 4.73%) has shown impressive momentum in the few years since it went public would be an understatement. In the three-year period including 2022, 2023, and 2024, SoFi's membership base nearly tripled, and its bank grew from $0 in deposits (it got its banking charter in early 2022) to nearly $26 billion.
In light of the recent drop in SOFI shares, we assess the stock's current standing to decide the best course of action going forward.
Recently, Zacks.com users have been paying close attention to SoFi Technologies (SOFI). This makes it worthwhile to examine what the stock has in store.
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.