SoFi Technologies (NASDAQ: SOFI) ended 2024 on a high note, delivering a 70% annual gain and outperforming fintech peers like PayPal (NASDAQ: PYPL).
I am downgrading SoFi to Sell due to its recent stock repricing and the complexity of its investment case despite its recent strong performance. SoFi excels in tech-first banking but risks cannibalizing its advantage by enhancing legacy banks' tech infrastructure, complicating its long-term thesis. The company's lending segment faces slowing growth and high default rates, while lacking high-margin private banking services.
Warner Bros Discovery has appointed Anthony Noto, CEO of fintech giant SoFi, and Joey Levin, the outgoing chief executive of IAC, to its board, the company said on Tuesday.
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 Technologies (SOFI -0.56%) stock ended 2024 on a high note, rising nearly 55% for the year. That was a huge success for a stock that more than doubled in value (up 116%) in 2023 but then traded in a negative range for the first nine months of 2024.
SoFi Technologies (SOFI -2.75%) has taken investors on a volatile journey in recent years. But it's trending higher, as shares have soared 106% in the past five months.
The SoFi Next 500 ETF aims to find stocks that could grow into the top 500 and join the S&P 500 Index. The ETF tracks the Solactive SoFi US Next 500 Growth Index, focusing on large-cap U.S. issuers beyond the top 500. Despite its "growth" label, the ETF has a blended allocation between Value and Growth stocks, aligning closely with mid-cap indices.
Shares of online bank SoFi Technologies (SOFI -2.41%) soared 55% in 2024, according to data provided by S&P Global Market Intelligence. The company reported positive net income every quarter, grew its platform in multiple ways, and successfully managed through high interest rates.
In this video, I will cover the recent updates regarding SoFi Technologies (SOFI -3.27%). Watch the short video to learn more, consider subscribing, and click the special offer link below.
SoFi (SOFI -2.48%) has been one of the hottest stocks in the market recently, with shares up by 137% in the past six months. But there are some good reasons it isn't too late to invest in SoFi.
SoFi (SOFI 5.03%) is one of my highest-conviction stock ideas as we head into 2025. Not only has the fintech company maintained fantastic growth momentum for several years, including during 2022's bear market, but its business seems to be at an inflection point in terms of profitability and mainstream adoption.
SoFi Technologies (NASDAQ: SOFI) is crashing as 2025 begins, despite analysts expressing a mix of optimism and caution about its prospects.