SoFi's (SOFI 0.56%) management team made comments that sent the stock price down by more than 10% on the day of its earnings release.
SoFi Technologies (NASDAQ: SOFI), a digital financial company that offers a range of products and services, including banking, lending, investing, and insurance, saw its stock plunge 10% on January 27, after the company announced its Q4 results. The results were actually above the street estimates, but the outlook fell short of expectations.
SoFi Technologies reported strong Q4 metrics, beating guidance, but lower-than-anticipated 2025 profitability pushed the stock lower post earnings. Despite the premium valuation, investors should consider adding at current levels, as the stock's strong financial profile and competitive advantage remain compelling. The company's 2025 guidance appears conservative, potentially setting the stage for beating expectations, much like in 2024.
Issued a buy rating on SoFi Technologies, Inc. in spring 2024; shares have more than doubled. SoFi's Q4 results showed record revenue of $739 million, strong EBITDA growth, and impressive member and product additions, despite rising operational expenses. The stock is richly valued, with tangible book value per share at $4.47, but continues to show growth in loans, deposits, and financial services.
SoFi's (SOFI -4.04%) stock is falling 11% at midday on Monday as the market seems to be disappointed by the company's guidance for 2025 and beyond. But long-term investors should like what they see, as Travis Hoium highlights in this video.
SoFi Technologies (NASDAQ: SOFI) has drawn significant attention from analysts following its Q4 2024 earnings report and cautious fiscal guidance for 2025.
SoFi (SOFI -10.27%) recently reported fourth-quarter earnings that handily beat expectations on both top and bottom lines, but the stock price went down anyway. In this video, I take a closer look at the numbers, discuss why the stock is falling, and show why investors shouldn't panic.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
SoFi Technologies reported strong Q4 results, beating revenue and earnings estimates, and ending FY 2024 with over 10M accounts in its ecosystem, showing robust customer acquisition. Despite a slight EPS guidance miss for FY 2025, SoFi's financial services and Galileo segments drove significant revenue and adjusted EBITDA growth. Shares dropped 10% after the guidance presentation, but SoFi's growth prospects remain strong, driven by financial services momentum.
Anthony Noto, SoFi CEO, discusses wanting to offer cryptocurrency again through the platform if regulation changes allow for it.
Despite delivering yet another impressive quarterly report, SoFi Technologies, Inc.'s stock is taking a double-digit percentage dip. In this report, we review SoFi's Q4 2024 results, forward guidance, and long-term risk/reward to see if the earnings dip is a buying opportunity. SoFi's profitable growth story has legs, but has the stock rallied too far too fast? Read on to learn more.
SoFi CEO Anthony Noto says they would absolutely provide cryptocurrency services if regulations were cleared to do so in the US. He joins Caroline Hyde and Mike Shepard on "Bloomberg Technology" to discuss.