SoFi Technologies(SOFI)

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This Cathie Wood Fintech Stock Just Hit a New 52-Week High -- but I'm Not Selling a Single Share
The Motley Fool· 2025-01-25 14:07
ARK Invest's Position in SoFi Technologies - ARK Invest's ETFs are highly concentrated, with SoFi Technologies being the sixth-largest holding in the ARK Fintech Innovation ETF (ARKF), making up 5% of the fund's total assets [1] - SoFi stock is also present in the ARK Innovation ETF (ARKK) with a value of approximately $95 million [2] - SoFi's app is the exclusive distribution partner for the ARK Venture Fund (ARKVX), providing exposure to pre-IPO companies like SpaceX and OpenAI [2] SoFi's Recent Performance and Growth - SoFi's stock has surged by more than 140% over the past six months, reaching a new 52-week high [3] - The company's membership base grew by 756,000 in the third quarter, marking its highest one-quarter new member additions ever [7] - Revenue grew by 30% year over year, with net income reaching $214 million compared to a $301 million net loss a year prior [7] SoFi's Personal Loan Business - SoFi's personal loans have seen a surge in demand, with PGIM Fixed Income investing $350 million and closing another $525 million securitization agreement [4] - PGIM, managing $860 billion in assets, considers SoFi's personal loans an "attractive investment opportunity" [4] - SoFi is rapidly expanding its capabilities as a third-party loan origination platform, generating capital-light fee income [4] Interest Rates and Regulatory Environment - SoFi could benefit from lower interest rates, which would reduce deposit costs and increase loan demand [5] - The Trump administration's policies favoring looser bank regulations and lower corporate taxes could also benefit SoFi [6] SoFi's Loan Performance and Banking Platform - SoFi's more recent loans are performing better than older vintages [8] - The company's banking platform continues to attract customer deposits at an impressive pace [8] Investment Perspective on SoFi - Despite the stock's significant price increase, the growth and profitability of SoFi justify the valuation [9] - The company's core personal loan business is gaining serious interest from the asset management industry [9]
Is SoFi Overheating? Strong Bullish Trend Meets Analyst Caution Ahead Of Q4 Earnings
Benzinga· 2025-01-24 18:29
SoFi Technologies Inc SOFI will be reporting its fourth-quarter earnings on Monday. Wall Street expects four cents in EPS and $674.13 million in revenues as the company reports before market hours.The stock is up 140.94% over the past year, 28.91% YTD.Let’s look at what the charts indicate for SoFi stock and how the stock maps against Wall Street estimates.Read Also: Biden Announces More Student Loan Forgiveness, Bringing Debt Relief To Nearly 5 Million BorrowersSoFi Stock Strong Bullish Ahead Of Q4 Earning ...
Pre-Q4 Earnings: Is SoFi Technologies Stock a Portfolio Must Have?
ZACKS· 2025-01-24 17:31
SoFi Technologies, Inc. (SOFI) will report its fourth-quarter 2024 results on Jan. 27, before the bell.The Zacks Consensus Estimate for earnings in the to-be-reported stands at 12 cents, indicating 133.3% growth from the year-ago reported quarter. The consensus estimate for total revenues stands at $2.54 billion, indicating 22.3% year-over-year growth. There has been no change in analyst estimates or revisions lately.See the Zacks Earnings Calendar to stay ahead of market-making news.Image Source: Zacks Inv ...
SOFI Technologies to Report Q4 Earnings: Here's What to Expect
ZACKS· 2025-01-24 17:25
SoFi Technologies, Inc (SOFI) Earnings Preview - SoFi Technologies is scheduled to report its Q4 2024 results on Jan 27 [1] - The company's earnings surpassed the Zacks Consensus Estimate in the last reported quarter with a 25% earnings surprise [1] - The Zacks Consensus Estimate for Q4 2024 revenues is $2.54 billion, indicating a 22.3% year-over-year increase [2] - The consensus estimate for Q4 2024 earnings is 12 cents, showing 133.3% year-over-year growth [3] - SoFi's improved operational efficiency is expected to drive this growth [3] - The company has an Earnings ESP of +1.88% and a Zacks Rank 2, indicating a likely earnings beat [4] Other Business Services Sector Stocks - ADP (ADP) is expected to report Q2 fiscal 2025 revenues of $5 billion, a 6.4% year-over-year increase [6] - ADP's Q2 fiscal 2025 earnings consensus is $2.3 per share, implying a 6.6% increase from the year-ago quarter [6] - ADP has an Earnings ESP of +1.15% and a Zacks Rank of 2 [7] - Fiserv, Inc (FI) is expected to report Q4 2024 revenues of $5 billion, a 7.5% year-over-year increase [8] - FI's Q4 2024 earnings consensus is $2.5 per share, indicating a 13.2% rise from the year-ago quarter [8] - FI has an Earnings ESP of +0.01% and a Zacks Rank of 2 [9]
SoFi's Q4: A Long-Term Catalyst
Seeking Alpha· 2025-01-24 15:16
Our long-term bullish thesis on SoFi Technologies (NASDAQ: SOFI ) remains intact, driven by a diversified business model, strongly growing lending, and truly innovative offerings of financial services. The market has started to acknowledge this value as the stock’s ~130%+ price return over theYiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Educat ...
SoFi Stock Has Doubled As Investors Await Q4 Earnings
Forbes· 2025-01-24 14:43
PALM BEACH GARDENS, FLORIDA - JANUARY 07: Wyndham Clark of The Bay Golf Club, CEO of SoFi Anthony ... [+] Noto, TGL CEO Mike McCarley, Palm Beach State College Ava Parker and Matt Fitzpatrick of New York Golf Club take part in the SoFi Center Ribbon Cutting on January 07, 2025 in Palm Beach Gardens, Florida. (Photo by Mike Ehrmann/TGL/TGL Golf via Getty Images)TGL Golf via Getty ImagesSoFi's stock price trades 20% below below its June 2021 peak of $22.65 — the day the company merged with a special purpose a ...
2 Cheap Growth Stocks to Buy Now for Under $20
ZACKS· 2025-01-23 14:01
Netflix, Taiwan Semiconductor, JPMorgan, United Airlines, and other giants helped the stock market get off to a flying start in Q4 earnings season.Every Zacks sector is projected to post earnings growth in 2025, including huge double-digit expansion by many non-tech spaces.See the Zacks Earnings Calendar to stay ahead of market-making news.On top of that, every S&P 500 sector is projected to post EPS growth in 2025 for the first time since 2018.Last week, investors celebrated a slightly cool inflation readi ...
Prediction: SoFi Will Beat the Market. Here's Why.
The Motley Fool· 2025-01-23 10:30
SoFi is still seen as a bank, but that's missing the bigger picture.SoFi (SOFI -1.73%) has broken a lot of the rules of banking, from going digital to how it's funding loans. In this video, Travis Hoium outlines how this company will continue to grow its business and why it should be valued more like a tech company than a growth company today.*Stock prices used were end-of-day prices of Jan. 18, 2025. The video was published on Jan. 22, 2025. ...
SoFi Just Hit a New 52-Week High -- Can It Keep Rising?
The Motley Fool· 2025-01-21 20:11
The stock market was having a generally strong day on Tuesday in its first day of trading since the presidential inauguration. As of 2:30 p.m. ET, the S&P 500 (^GSPC 0.78%) was higher by about three-fourths of a percentage point.SoFi (SOFI 8.82%) was a major standout. Not only was the fintech stock higher by nearly 10% for the day, but it reached a new 52-week high, continuing the strong momentum it has shown since mid-2024.Why is SoFi soaring higher?There isn't any company-specific news driving SoFi higher ...
SoFi Technologies, Inc. (SOFI) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-01-20 16:01
The market expects SoFi Technologies, Inc. (SOFI) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected ...