SoFi Technologies (SOFI -0.88%) is working to decrease the riskiness of the business, which would be great news for investors.
Not surprisingly, the stock market was having a rather weak day on Tuesday, after President Trump's tariffs went into effect on Canada, Mexico, and China. As of 12:15 p.m.
SoFi's impressive growth in member count, net revenue, and adjusted EBITDA highlights its strong performance and potential for future growth despite current market consolidation. The key differentiator for SOFI is its technological platform, which needs to succeed in Banking as a Service to be valued as a tech company. The recent deal with Blue Owl Capital Funds is a significant step, potentially reducing SOFI's reliance on holding loans and expanding fee-based revenue.
SoFi says it has closed a $697.6 million secularization of loan platform business volume. This transaction, the company announced Monday (March 3), was a “co-contributor securitization” with collateral made up chiefly of loans previously placed with loan platform business partners.
SoFi Technologies (SOFI 2.84%) stock has ping-ponged back and forth during its short time as a public company, but it made a major leap and is up 66% in the past 12 months. It's still 47% off of its all-time high and trading for less than $15.
SoFi Technologies surpassed 10M members in CY 2024, adding 785K in Q4, with total products exceeding 14.7M (+32% YoY). Hit $970M (+74% YoY), now 47% of total revenue, reducing reliance on lending and improving margin stability. Originated $23B in loans (+33% YoY), with LPB generating $2.1B, lowering balance sheet risk while maintaining revenue streams.
Cathie Wood serves as chief executive officer and chief investment officer of Ark Investment Management. While her reputation is largely linked to her early bullish calls on Tesla and Bitcoin, her exchange-traded funds (ETFs) reveal a new area of interest: fintech.
Given the recent decline in SOFI shares, we evaluate the stock's current position to determine how to play it now.
SoFi Technologies (SOFI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
SoFi (SOFI -2.11%) is up by about 130% since mid-2024, and the company's growth and profitability progress certainly justify the move. But in this video, I explain why some of the recent developments could result in much more long-term upside for investors.
One of the hallmarks of Ark Investment Management CEO Cathie Wood's investment style is her ability to identify emerging opportunities that seek to disrupt legacy incumbents -- specifically, in industries such as technology.
SoFi's share price fell 18% post-4Q24 results despite double beat in revenue and EPS, due to conservative 2025 EPS guidance and skepticism about 2026 projections. CEO Anthony Noto has subtly raised 2026 guidance during the BofA conference with >25% revenue CAGR in 2023-26 (from 20-25%) and 20% NPM and 20-30% ROE in the long term. I estimate SoFi to deliver $0.76 EPS in 2026 given the upgraded guidance, very close to the high bar of the EPS guidance of $0.8.