SoFi Technologies, Inc. (SOFI)
Better Fintech Stock: SoFi Technologies vs. Nu Holdings
Are you looking for a new fintech name to add to your portfolio? It's certainly an area worth a look.
Should You Buy SoFi Stock Before 2025?
SoFi Technologies (SOFI -2.78%) is disrupting the financial services industry.
Where Will SoFi Stock Be in 5 Years?
SoFi Technologies' (SOFI 2.20%) business has consistently grown since going public in 2020. You can't say the same about its stock price.
Could Buying SoFi Stock Today Set You Up for Life?
Every investor is looking for the next Apple or Nvidia. Putting even a small amount into either of those stocks when they were just starting out would be giving investors staggering results today.
SoFi Stock Is A Steal At Its Current Price
I reiterate a "Buy" rating for SoFi Technologies due to its strong growth potential, combining traditional finance with fintech innovation, despite recent stock volatility. SoFi's impressive Q3 performance includes 35% YoY member growth, 30% revenue increase, and significant contributions from Financial Services and Tech Platform segments. Analysts' upward revisions and management's optimistic guidance suggest SoFi's continued outperformance, potentially leading to a fair value of $22.8/share, implying a 43.4% upside.
SoFi's Bullish Run Far From Over
Accounts expanded from 109.7M in Q1'22 to 160.2M in Q3'24, driving a 69% revenue increase. Originations reached $4.9B in Q3'24, up 141% from Q1'22, showcasing competitive rates and credit analytics. 2024 adjusted net revenue is projected at $2.54B–$2.55B, with adjusted EBITDA forecasted to grow 49% YoY to $645M.
SoFi Technologies, Inc. (SOFI) Is a Trending Stock: Facts to Know Before Betting on It
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.
Is SoFi Technologies a Millionaire Maker?
SoFi Technologies (SOFI -0.25%) has been a standout performer, with the stock price skyrocketing by an impressive 240% since the beginning of 2023. This fintech company reinvented itself during the past few years, reported its first profitable quarter last year, and now has four consecutive profitable quarters under its belt.
Expense Management Firm Mesh Payments Selects SoFi as Sponsor Bank
Mesh Payments has selected SoFi Bank as its sponsor bank and continues to partner with SoFi Technologies-owned Galileo Financial Technologies as its longtime payments processor. This partnership integrates Mesh Payments' expense and card infrastructure with SoFi Bank's financial framework and Galileo's customizable API-based payments processing platform, the companies said in a Thursday (Dec. 12) press release.
Can SoFi Technologies Keep Soaring After a 131% Gain?
Shares of the member-centric consumer bank SoFi Technologies (SOFI 4.25%) have been soaring. The stock shot up by 148% during the five months between June 30 and Dec. 1, 2024.
Prediction: SoFi Technologies Will Outperform the Market. Here's Why
SoFi (SOFI -1.80%) isn't your conventional bank and it doesn't have bank-like growth either. In this video, Travis Hoium uncovers the company's business model, growth segments, and how the stock can outperform the market over the next 5 years.
Behind SoFi's Technology Business
SoFi (SOFI -1.80%) is one of the fastest-growing banking companies in the U.S., and it has a lot of potential to grow by providing solutions to other companies. But how does that business work?
