SoFi Technologies, Inc. (SOFI)
SoFi Stock Rises, Lifted by $2B Fortress Capital Loan Deal
Shares of SoFi Technologies (SOFI) rose Monday morning after the digital financial services company announced a $2 billion deal with Fortress Capital to grow its personal loans business.
SoFi's $2 Billion Leap: Golden Cross Sparks A Bullish Boom
SoFi Technologies Inc SOFI is lighting up the trading floor, with a striking 9% leap to $9.80 by 11 AM ET on Oct. 14.
SoFi Stock Is Soaring Thanks to a $2 Billion Pact With Fortress Investment
Fintech SoFi reached an agreement with Fortress Investment Group to connect pre-qualified borrowers with loans.
3 Keys to SoFi Technology's Stock Growth
If SoFi gets these businesses working, the stock could fly.
1 Magnificent Growth Stock Down 67% to Buy and Hold Forever
Trends are moving in its favor.
SoFi stock could enter beast mode: Oct. 29 earnings will be key
SoFi (SOFI) stock price has staged a strong comeback in the past few weeks as investors focus on the Federal Reserve and the recently-started earnings season. It soared to a high of $9.01, its highest level since March 4th, and 50% above its lowest level in August.
SoFi Technologies, Inc. (SOFI) Increases Despite Market Slip: Here's What You Need to Know
In the closing of the recent trading day, SoFi Technologies, Inc. (SOFI) stood at $8.63, denoting a +0.47% change from the preceding trading day.
My Shocking SoFi Stock Price Target
SoFi technologies wants to become a comprehensive financial services company.
SoFi's Bullish Momentum Accelerates
SoFi's member base grew by over 40% YoY in 2023, demonstrating strong retention and cross-selling power. The ratio of financial services to lending products increased from 2.7x (2021) to 6.2x (2024), boosting lifetime value. Recent earnings showed SoFi consistently beating EPS estimates, with 11 upward revisions in the last 90 days.
SoFi Technologies Is Still A Great GARP Pick Today
I maintain a "Buy" rating on SoFi Technologies due to its robust growth potential and unique personal finance-focused business model. SoFi has consistently beaten consensus forecasts, with Q1 and Q2 results surpassing expectations, driving positive stock performance. Despite its seemingly high valuation, I believe SoFi's growth in deposits will continue to fuel business expansion in upcoming quarters.
SoFi Technologies, Inc. (SOFI) Now Trades Above Golden Cross: Time to Buy?
From a technical perspective, SoFi Technologies, Inc. (SOFI) is looking like an interesting pick, as it just reached a key level of support. SOFI's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.
SoFi Stock Won't Stay Under $10 Forever
The market can stay irrational longer than you can stay solvent.
