SoFi Technologies, Inc. (SOFI)
1 Huge Reason SoFi Beat Estimates
The financial services business is growing at an 80% clip.
SoFi Technologies: Improving Fundamentals And Declining Stock Price Mean Generational Buy
Today, SoFi Technologies, Inc. reported strong Q2 2024 earnings, beating estimates on both top and bottom lines; however, the stock is trading in the red. While all three business segments showed healthy revenue growth and improved unit economics, the Financial Services segment shone the brightest with 80% y/y growth. According to TQI's Valuation Model, SoFi stock is worth $22.53 per share. With its 5-year expected CAGR return standing at +37.57%, SOFI is a “Strong Buy” after its Q2 report.
SoFi Technologies: From Skeptic To Believer - My Journey With The Ticker
I was skeptical about Sofi because it seems like a crowded ticker with an unclear path to profitability. With shares down 72% off their peak, combined with the recent pivot towards profitability, I now see a compelling opportunity in the ticker. While the P/E ratio seems high, this is mitigated by the company's high earnings growth.
SoFi Wants Tech Platform to Be AWS of Financial Services
SoFi Technologies' leadership wants the company to become the “Amazon Web Services” (AWS) of FinTech. What that means is a lot of investment into technology and digital product innovation.
SoFi Technologies, Inc. (SOFI) Q2 2024 Earnings Call Transcript
SoFi Technologies, Inc. (NASDAQ:SOFI ) Q2 2024 Earnings Call Transcript July 30, 2024 8:00 AM ET Company Participants Maura Cyr - IR Anthony Noto - CEO Chris Lapointe - CFO Conference Call Participants John Hecht - Jefferies Terry Ma - Barclays Dan Dolev - Mizuho Kyle Peterson - Needham & Company Reggie Smith - JPMorgan Jeff Adelson - Morgan Stanley Peter Christiansen - Citigroup Tim Switzer - Stifel Operator Good morning. My name is Adam, and I will be your conference operator today.
Why SoFi Stock is an Unmissable Growth Opportunity
More investors should focus on the road ahead rather than the rearview mirror to start monetizing some of the newer ideas and trends about to hit the stock market. Among these is the Federal Reserve and its promise to start cutting interest rates before 2024 is over.
SoFi Stock Earnings Surprise: I Was Wrong
Despite the tough macro environment, this "bank stock" continues to perform flawlessly.
SOFI Stock: SoFi Just Raised Its Profit Guidance Again. What's Going On?
SoFi (NASDAQ: SOFI ) stock beat estimates on second-quarter earnings and raised its guidance for the second time this year. The stock did not react much, up about 2% as of writing.
SoFi books upbeat earnings as student-lending, home-loan volumes grow
SoFi Technologies Inc. posted better-than-expected results Tuesday for its June quarter, with origination volumes growing across the financial-technology company's product categories.
SOFI Stock Before Q2 Earnings: Should You Buy, Sell or Hold?
SOFI's second-quarter 2024 earnings and revenues are likely to increase year over year.
Should You Buy SoFi Stock While It's Below $8?
SoFi is adding members at a high rate, and they're increasing their adoption of its products. In its latest update, there were several signs of risk that spooked investors.
Should You Buy SOFI Stock Before July 30?
Despite a recent price drop, SoFi Technologies (NASDAQ: SOFI ) remains a top fintech stock. The company is expected to report its Q2 earnings on July 30 before market open, with all eyes on how the company's overall revenue growth will continue.
