SoFi Technologies, Inc. (SOFI)
SOFI Stock Falls on New Student Loan Forgiveness Plans
SoFi (NASDAQ: SOFI ) stock slipped Thursday after the government announced it would forgive up to $1.2 billion in additional student loans. Indeed, the news snapped SoFi's seven-day winning streak in the stock market as investors considered how the forgiveness policy would affect the lending company.
Should You Buy SoFi Stock Before July 30?
The financial technology company will give investors a critical update at the end of July.
Why the Market Dipped But SoFi Technologies, Inc. (SOFI) Gained Today
SoFi Technologies, Inc. (SOFI) reachead $7.84 at the closing of the latest trading day, reflecting a +1.16% change compared to its last close.
Discover Is Selling Its Student Loan Portfolio. What Does That Mean for SoFi Stock?
Discover Financial Services (NYSE: DFS ) announced this morning that its subsidiary, Discover Bank, would sell its private student loan portfolio. The buyer consists of at least one strategic partnership managed by Carlyle (NASDAQ: CG ) and KKR (NYSE: KKR ).
SoFi Stock Price Prediction: Where Will It Be in 1 Year
24/7 Insights SoFi Technologies Inc. (NASDAQ: SOFI) stock has struggled, but there are signs of a potential recovery.
SoFi Stock Alert: Why This Beaten-Down Fintech Could Skyrocket
SoFi Technologies (NASDAQ: SOFI ) is a fintech growth stock that's had a pretty dismal showing in recent years. Despite its recent tick higher over the past month, SOFI stock is still down roughly 75% from its 2021 peak, suggesting that many long-term growth investors may have lost faith in this once high-flying name.
This Is SoFi's Secret Weapon Nobody Talks About
SoFi stock has found no love from Wall Street, but that might change soon.
This Stock Could Rally Following a Bottom in Mortgage Markets
Every investor today seems to be after the technology sector's hype, particularly in stocks, centered around the advancement and adoption of artificial intelligence in the global economy. While these stocks have dominated the momentum arena lately, there are other companies worthy of investor attention, filled with catalysts and tailwinds that could bring potentially market-beating returns.
Where's Why SoFi Stock Lost 34% in the First Half of the Year
SoFi has reported two straight quarters with positive net income, and it's guiding for that to continue. Management expects the lending business to contract as a portion of the whole.
SoFi: Hitting Bottom Again
SoFi got hit with double price target cuts from KBW and Barclays, but the stock immediately started trading up off the initial bottom. The CEO and CFO have been extremely clear that the fintech is on path to hit loan loss targets, contrary to these negative analyst calls. SoFi is forecasted to generate $1.2 billion in adjusted EBITDA in 2026, trading at a deep discount with potential for significant upside.
Down 30%, Is Now a Good Time to Buy the Dip in SoFi Stock?
Shares of SoFi have cratered 30% so far in 2024, drastically underperforming the S&P 500 and Nasdaq Composite. SoFi's largest source of revenue comes from lending, a business that experienced no growth during the first quarter.
SoFi Technologies, Inc. (SOFI) Is a Trending Stock: Facts to Know Before Betting on It
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.
