All articles tagged with #sofi
Originally Published 6 days ago — by CNBC
The article highlights the major midday stock movements involving companies like Johnson Controls, TransUnion, SoFi, and AIG, indicating significant trading activity or price changes.
Originally Published 2 months ago — by TipRanks
SoFi Technologies reported strong Q3 2025 earnings with record revenues and EBITDA, and its stock has surged over 130% in six months. A top investor remains bullish, citing long-term growth potential and a shift to fee-based revenue, though Wall Street's consensus is more cautious with a hold rating and an 11% downside target.
Originally Published 3 months ago — by Barron's
Shares of SoFi Technologies rose after reports that the Trump administration is considering selling parts of the $1.6 trillion federal student loan portfolio to the private market, potentially increasing opportunities for private lenders like SoFi, which could benefit if federal involvement in student lending diminishes.
Originally Published 3 months ago — by TipRanks
Morgan Stanley has increased its price target for SOFI stock, citing positive financial outlooks and growth prospects for the company.
Originally Published 5 months ago — by Investor's Business Daily
SoFi Technologies exceeded Wall Street earnings and revenue expectations in Q2, raised its full-year revenue guidance, and saw its stock rise over 7% amid expanding financial services and product offerings, including banking and private market investments.
Originally Published 1 year ago — by Seeking Alpha
SoFi Technologies faced double price target cuts this week, with KBW and Barclays lowering their targets due to concerns over higher loan defaults. Despite this, SoFi's CFO and CEO remain confident in the company's financial health and growth prospects, citing strong underwriting practices and favorable credit trends. The stock, currently trading at a discount, is seen as a strong investment opportunity with potential for significant upside as the company continues to grow its financial services revenue and possibly ramp up lending in the future.
Originally Published 1 year ago — by Yahoo Finance
SoFi, Albemarle, and MicroStrategy have all seen their stock prices fall after announcing plans to issue convertible bonds, with Albemarle aiming to raise $1.75 billion, SoFi $750 million, and MicroStrategy $600 million through these offerings. The increase in convertible bond deals in the past 24 hours has totaled more than $5 billion, leading to concerns about dilution of existing shareholders' value due to the potential conversion of bonds into shares. The companies plan to use the raised funds for various purposes, including financing lithium mining operations for Albemarle and potentially purchasing more Bitcoin for MicroStrategy.
Originally Published 1 year ago — by Yahoo Finance
The Motley Fool's Parkev Tatevosian discusses the latest developments from SoFi Technologies and their potential impact on investors, while also highlighting the 10 best stocks identified by the Stock Advisor analyst team, which does not include SoFi Technologies. The Stock Advisor service has outperformed the S&P 500 since 2002, offering investors guidance and regular stock picks. Tatevosian, an affiliate of The Motley Fool, may earn compensation for promoting its services, but his opinions remain independent.
Originally Published 1 year ago — by Investing.com
U.S. stock indexes remained steady as the week kicked off with upcoming events such as the Federal Reserve meeting and tech earnings reports. Boeing stock dipped after Ryanair's comments, while Microsoft rose ahead of its quarterly results. Intel fell following last week's disappointing numbers, while Tesla recovered slightly after a recent slump. SoFi surged after reporting strong earnings, while iRobot sank due to the termination of its acquisition agreement with Amazon.
Originally Published 1 year ago — by Seeking Alpha
SoFi Technologies, Inc. (NASDAQ:SOFI) experienced a significant surge followed by a pullback, leading to a bear market from its December 2023 highs. Despite uncertainties in fair value accounting policies and potential Fed rate cuts in 2024, the company is set to release its fourth-quarter earnings, with analysts expecting strong results. The market has de-rated SOFI, possibly due to concerns about its GAAP profitability trajectory. However, the company's improving fundamentals and medium-term upward bias in price action suggest a constructive pullback, making it an opportune time for investors to consider buying. The article maintains a Strong Buy rating for SOFI and encourages investors to conduct their due diligence.
Originally Published 2 years ago — by Seeking Alpha
SoFi is expected to surpass analyst expectations for Q4 2023 earnings and FY2024 guidance, with projected revenue and EPS likely to exceed estimates. The company's history of consistently beating revenue guidance and the management's commitment to achieving profitability in Q4 2023 and throughout 2024 support this outlook. Conservative revenue assumptions suggest potential for significant revenue growth in 2024, and the company's track record of outperforming guidance further bolsters confidence in its future performance.
Originally Published 2 years ago — by Yahoo Finance
Keefe, Bruyette & Woods (KBW) analyst Mike Perito downgraded SoFi Technologies stock from "Market Perform" to "Underperform" and reduced the price target from $7.50 to $6.50, citing a potential 15-20% downside to consensus EBITDA and stagnant technology development. The downgrade reflects concerns over slowing origination growth, capital expenditure constraints, and limited profitability, which may impact SoFi's performance into the first half of 2024.
Originally Published 2 years ago — by CNBC
Jim Cramer, host of CNBC's "Mad Money," shared his thoughts on several stocks during his lightning round segment. He expressed optimism about SoFi, stating that he remains a buyer and believes CEO Anthony Noto is doing a great job. Cramer also discussed Barrick Gold, Generac, Golden Ocean, and Guardant Health, providing insights on their performance and potential. However, he advised caution with Golden Ocean due to its historical boom and bust nature, and recommended considering Danaher over Guardant Health for gene sequencing investments. Additionally, Cramer suggested that Walgreens needs to present a plan and cut its dividend in order to regain his recommendation.
Originally Published 2 years ago — by CNBC
Jim Cramer, host of CNBC's "Mad Money," recommends buying shares of Palantir, as the company had a strong quarter and received an upgrade. Cramer also suggests investing in SoFi, Uranium Energy, and Copart, as he believes these companies are performing well. Additionally, he expresses confidence in Blackstone's management and considers investing in the company. However, Cramer advises against investing in BP, as he views it as the weakest stock among the mentioned companies.
Originally Published 2 years ago — by Yahoo Finance
SoFi reported a surge in student loan originations and deposits in its third quarter, leading to a doubling of its net interest income. The fintech bank raised its full-year revenue guidance and predicted a quarterly profit before the end of the year. However, it still reported a net loss of $277 million, including a one-time impairment charge. SoFi expects to be profitable by the end of the year but acknowledges potential pressure on lending due to the Federal Reserve's stance on interest rates.