SoFi Technologies, Inc. (SOFI)
SoFi debuts platform for companies to offer expanded early access to IPOs
California fintech giant SoFi is teaming up with British capital markets platform PrimaryBid Technologies to expand its initial public offering share placement business, the company told Reuters.
Is SoFi a Millionaire Maker?
Shares of this fintech leader haven't panned out as investors had hoped.
The Best Rate-Cut Stock to Invest $1,000 in Right Now
The Fed's interest rate cuts should only fuel the fire for this hypergrowth fintech.
A lot of good things going for the market in the near term, says SoFi's Liz Young Thomas
Liz Young Thomas, SoFi head of investment strategy, joins 'Squawk Box' to discuss the latest market trends, where investors can find opportunities right now, impact of the Fed's interest decision, and more.
SoFi Technologies: Full Service And Automation Is What The Next Generation Wants
SoFi Technologies is a one-stop-shop financial platform with increasing revenue and gross margins but remains unprofitable with a high P/E ratio. CEO Anthony Noto has built a strong narrative appealing to Millennials, who are set to inherit significant wealth and prefer digital financial solutions. Major risks include a high P/E ratio, negative RoE and FCF, and competition from larger financial institutions adapting to Millennial needs.
Should You Buy SoFi Technologies While It's Trading Below $10?
SoFi's customer bank account deposits have risen to over $23 billion over the past few years. SoFi has posted three consecutive profitable quarters as it grows its bank and scales up its technology business.
Prediction: SoFi Stock Will Soar Over the Next 5 Years. Here's 1 Reason Why.
SoFi has expanded into a large array of financial services beyond lending. The non-lending segments are growing faster than the lending segment.
SoFi: Don't Give Up Now
SoFi Technologies, Inc. has experienced significant revenue growth since going public, yet its stock remains undervalued, presenting a strong buying opportunity for investors. CEO Anthony Noto predicts increased loan demand due to Fed interest rate cuts, further boosting SoFi's growth prospects. SoFi's future revenue growth is expected to re-accelerate, with forecasts of 20-25% compound annual growth and substantial EPS growth through 2026.
Why SoFi Technologies, Inc. (SOFI) Dipped More Than Broader Market Today
In the most recent trading session, SoFi Technologies, Inc. (SOFI) closed at $7.73, indicating a -1.28% shift from the previous trading day.
Fed Rate Cuts Make This Beaten-Down Cathie Wood Stock a Buy Now
Cathie Wood's fintech company, SoFi Technologies, is a must-buy as rate cuts bode well for its lending business, which of late is growing at a slower pace.
SoFi Stock Is Undervalued And Poised To Soar
SOFI's recent business expansion looks exceptional to me, particularly in light of the high-rate environment. Further, with rates going down, we should see even better results, in my view. The management anticipates FY2024 membership growth of at least 30%, or 2.3 million. The company is placing significant strategic emphasis on member expansion and diversification of product offerings. From what I see today, SoFi appears to be well-positioned for growth and profitability for the rest of this year and beyond.
Is SoFi Stock a Buy?
SoFi has expanded its platform to encompass a large array of financial services, and they're growing quickly. The lending segment, which accounts for the bulk of SoFi's business, is under pressure.
