In the most recent trading session, SoFi Technologies, Inc. (SOFI) closed at $16.50, indicating a +1.23% shift from the previous trading day.
SoFi Technologies (SOFI 1.04%) should be more optimistic about 2025 than it was about 2024.
SoFi Technologies (SOFI) added to its near 120% year-long rally after finalizing a $525 million personal loan deal with PGIM Fixed Income. George Tsilis notes that the deal will open a "revolving line of credit" for the company that opens the door to company profits.
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.