SoFi's stock surged ~130% over the past year, far outperforming the S&P 500 and Nasdaq-100. Analysts expect Q4 revenue to grow 14.8% YoY to $681.91M, with EPS rising 94.5% YoY to $0.04. Management raised revenue guidance to $2.535–$2.550B (+22–23% YoY) and GAAP net income to $204–$206M.
As a SoFi shareholder, I am sorry the company's stock price trades 20% below its June 2021 peak of $22.65 — the day the company merged with a special purpose acquisition company.
After an initial phase of high ups and downs, SoFi Technologies (SOFI 2.50%) has been on a roll, and the stock is up 120% over the past year. That's a phenomenal gain, and somewhat surprising, given that it was much lower for most of last year.
Today we dig into two cheap stocks trading for under $20--WisdomTree and SoFi--that investors might want to buy for long-term upside.
In this video, I will go over my fourth-quarter SoFi Technologies (SOFI -1.73%) earnings prediction and what Wall Street expects. Watch the short video to learn more, consider subscribing, and click the special offer link below.
SoFi (SOFI -1.73%) has broken a lot of the rules of banking, from going digital to how it's funding loans. In this video, Travis Hoium outlines how this company will continue to grow its business and why it should be valued more like a tech company than a growth company today.
Liz Young Thomas, SoFi head of investment strategy, and Anastasia Amoroso, iCapital chief investment strategist, join CNBC's 'Closing Bell' to discuss the road ahead for stocks in a new Trump administration.
The stock market was having a generally strong day on Tuesday in its first day of trading since the presidential inauguration. As of 2:30 p.m.
President Trump's star-studded inauguration Monday appears to have ignited a stock market rally Tuesday, with the Dow up 1% and the S&P 500 up nearly as much.
SoFi Technologies (SOFI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
After Q1, I rated SoFi a Buy at $6.35, imagining a $15B market cap and $12-$15 share price, which it quickly achieved. With FY 2024 results approaching, it's worth seeing how the last two quarters explain that rally. Despite business growth in Q3, recent quarters' earnings were lower, showing that quarterly earnings can be a bit volatile.
SoFi Technologies stock has surged 170% since our initial bullish call, driven by robust member growth, revenue diversification, and improving margins. SOFI's comprehensive financial product offerings simplify personal finance management, fostering user retention and deeper monetization opportunities. Despite its recent rally, SOFI's valuation remains attractive given its strong growth prospects.