MoneyLion (ML)
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MoneyLion (ML) - 2024 Q1 - Quarterly Results
2024-05-07 11:32
Exhibit 99.1 MoneyLion Announces First Quarter 2024 Results Record Revenue of $121 Million, Up 29% Year-over-Year Record GAAP Net Income of $7 Million; Diluted EPS of $0.60 Record Adjusted EBITDA of $23 Million, Representing a 19.4% Adjusted EBITDA Margin NEW YORK, NY, May 7, 2024 – MoneyLion Inc. ("MoneyLion") (NYSE: ML), a leader in financial technology powering the next generation of personalized products, content and marketplace technology, today announced financial results for the first quarter ended M ...
Is MoneyLion (ML) Outperforming Other Business Services Stocks This Year?
Zacks Investment Research· 2024-04-26 14:45
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is MoneyLion Inc. (ML) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.MoneyLion Inc. is a member of the Business Services sector. This group includes 314 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Ran ...
Has MoneyLion (ML) Outpaced Other Business Services Stocks This Year?
Zacks Investment Research· 2024-04-09 14:45
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Has MoneyLion Inc. (ML) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.MoneyLion Inc. is one of 314 individual stocks in the Business Services sector. Collectively, these companies sit at #8 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 d ...
Wall Street Analysts Predict a 33.9% Upside in MoneyLion (ML): Here's What You Should Know
Zacks Investment Research· 2024-04-01 14:56
Shares of MoneyLion Inc. (ML) have gained 37.5% over the past four weeks to close the last trading session at $71.32, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $95.50 indicates a potential upside of 33.9%.The mean estimate comprises four short-term price targets with a standard deviation of $23.61. While the lowest estimate of $75 indicates a 5.2% increase from the current ...
MoneyLion (ML) is on the Move, Here's Why the Trend Could be Sustainable
Zacks Investment Research· 2024-03-29 13:51
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...
How Much Upside is Left in MoneyLion Inc. (ML)? Wall Street Analysts Think 30.82%
Zacks Investment Research· 2024-03-14 14:56
Shares of MoneyLion Inc. (ML) have gained 50.4% over the past four weeks to close the last trading session at $73, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $95.50 indicates a potential upside of 30.8%.The mean estimate comprises four short-term price targets with a standard deviation of $23.61. While the lowest estimate of $75 indicates a 2.7% increase from the current pr ...
MoneyLion Inc. (ML) Is Up 43.64% in One Week: What You Should Know
Zacks Investment Research· 2024-03-13 17:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...
Recent Price Trend in MoneyLion Inc. (ML) is Your Friend, Here's Why
Zacks Investment Research· 2024-03-13 13:51
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...
MoneyLion: Potential For Accelerating Growth Bodes Well For 2024
Seeking Alpha· 2024-03-13 05:52
miniseries In January, I started coverage of MoneyLion (NYSE:ML) with a "Buy" rating, noting the company has low customer acquisition costs and solid cross-selling opportunities. The stock is up over 20% since then. With the company recently reporting its Q4 results, let's catch up on the name. Company Profile As a refresher, ML offers a suite of financial products and services for both consumers and enterprises. On the consumer side, the company offers an FDIC-insured demand deposit account with a virtual ...
FinTech IPO Index Gathers 2.7% as MoneyLion Jumps 34% on Earnings
PYMNTS· 2024-03-08 09:00
Many of the names that are part of the FinTech IPO Index soared double digits on the heels of earnings this past week, leading the overall index 2.7% higher.MoneyLion Shares Roar AheadMoneyLion’s shares gained roughly 34% as December quarter details saw the number of customer inquiries it received through the platform leap 78% year over year (YoY), reaching 205 million in 2023, MoneyLion CEO Dee Choubey said during the company’s quarterly earnings call.This shows customers’ increasing engagement with the fi ...