SoFi (SOFI -2.48%) has been one of the hottest stocks in the market recently, with shares up by 137% in the past six months. But there are some good reasons it isn't too late to invest in SoFi.Many reasons to still love SoFiThere's a lot to like about SoFi. Just to name a few reasons you still may want to invest in SoFi:Momentum is still strong. In the most recent quarter, SoFi's user base grew by 35% year over year.SoFi has massive potential in credit cards. None of its three credit cards are particularly ...

Growth Momentum and Profitability - SoFi has maintained strong growth momentum over several years, even during the 2022 bear market, and is now at an inflection point in terms of profitability and mainstream adoption [1] - The company's net income is expected to double from 2024 levels, reaching approximately $400 million in 2025, compared to $205 million in 2024 and a $301 million net loss in 2023 [3][5] - Revenue increased by over 20% year-over-year in the first three quarters of 2024, with adjusted EBITDA margin expanding from 21% to 25% [4] Revenue and Margin Expansion - Falling interest rates in 2025 are expected to boost demand for SoFi's loans and improve net interest margins by reducing deposit costs [5] - The company is anticipated to achieve further revenue growth and margin expansion, with earnings per share potentially reaching $0.20 in 2025 [5] Product Innovation and Expansion - SoFi has successfully expanded its customer base in personal loans, checking accounts, and other established products, while also launching new banking products and adding innovative features [6] - The company is predicted to launch at least three major new products in 2025, potentially including higher-end credit cards, CDs, auto loans, and college savings accounts [7][8] Stock Performance - SoFi's stock price surged 55% in 2024, outperforming the S&P 500 by over 30 percentage points [9] - The stock is expected to outperform the S&P 500 again in 2025, with a predicted gain of at least 20% regardless of broader market conditions [9] Market Position and Future Potential - Since its IPO in June 2021, SoFi has consistently set and exceeded ambitious growth targets, establishing itself as one of the standout companies from the 2021 SPAC boom [10] - The company is gaining market appreciation but still has significant growth potential ahead [10]

SoFi Technologies (NASDAQ: SOFI) is crashing as 2025 begins, despite analysts expressing a mix of optimism and caution about its prospects.Shares of SoFi Technologies fell 6% on January 2 after a downgrade by KBW, which raised concerns over the company’s high valuation and ambitious financial targets, as TipRanks reported.The analysts set a price target of $8, almost 50% below SoFi’s last closing price of $14.13, further cooling the momentum of a rally that saw the stock nearly double since October. SOFI fi ...

Growth and Financial Performance - SoFi's adjusted revenue grew at a CAGR of 49% from $621 million in 2020 to $2.07 billion in 2023 [3] - Adjusted EBITDA turned positive in 2021 at $30 million and grew at a CAGR of 279% to $432 million in 2023 [3] - The company expects a full-year GAAP profit for 2024 and forecasts adjusted revenue growth of 22%-23% and adjusted EBITDA growth of 48%-49% in 2024 [3][7] - Analysts project revenue to grow at a CAGR of 19% and adjusted EBITDA at a CAGR of 44% from 2023 to 2026 [7] - GAAP earnings per share are expected to grow at a CAGR of 90% from 2024 to 2026 [7] Market Position and Valuation - SoFi trades at a price-to-book ratio of 2.8, higher than Bank of America (1.3) and Wells Fargo (1.5) [2] - At $16, the company has an enterprise value of $16.2 billion, trading at 5 times next year's sales and 18 times adjusted EBITDA [11] - If the stock reaches $20, it would trade at 7 times next year's sales and 22 times adjusted EBITDA [11] - The stock is currently above the average price target of $11.66 but below the top target of $20 [8] Expansion and Ecosystem - SoFi acquired Galileo in 2020, which now hosts over 160 million accounts and contributed 10% of SoFi's profit in 2023 [5] - The company signed a $2 billion deal with Fortress Investment Group in October 2023 to underwrite loans and generate fee-based revenue without increasing leverage [10] - SoFi obtained a U.S. bank charter in 2022 and launched a digital-only direct bank, leveraging AI algorithms to optimize fintech services [18] Customer and Product Growth - SoFi's members grew from 2.52 million in 2020 to 9.37 million in Q3 2024 [12] - The number of products increased from 1.85 million in 2020 to 13.65 million in Q3 2024 [12] Challenges and Recovery - Rising interest rates and a federal freeze on student loans from March 2020 to September 2023 impacted SoFi's loan business [4] - The U.S. Federal Reserve cut interest rates three times in 2024, with at least two more expected in 2025, easing pressure on the student loan business [6] Long-Term Vision - SoFi aims to become a "one-stop-shop" for financial services, eliminating the need for separate banking and investment apps [18] - Founded in 2011, the company initially focused on student loans and expanded into mortgages, auto loans, personal loans, credit cards, insurance, estate planning, and stock investment tools [19]

SoFi (SOFI 1.82%) has been one of the best performers of the financial sector in 2024 but has taken investors on quite a roller-coaster ride since it went public in mid-2021. If you had bought $1,000 worth of SoFi stock three years ago, how much money would you have today?The short answer is that SoFi's stock price hasn't moved much over the past three years. If you had invested $1,000 in SoFi on Dec 22, 2021, your investment would be worth $1,024, as of this writing.More to the storyWhile a 1.7% change in ...

SoFi Technologies (SOFI 1.82%) is only the 67th-largest U.S. bank by assets, but it's caught a lot of attention for its all-digital, high-growth platform. The lending and financial services platform has graduated from a hyped-up, overvalued, and unprofitable business to a solid, proven, and a profitable one.However, it still looks like SoFi's shares sport a premium price tag on the surface, but it might not be as expensive as you think. Let's see why. Take a look at this chartAccording to standard valuation ...

Group 1 - The article discusses the potential for undervalued stocks that are mispriced by the market, suggesting that investors should consider positioning themselves in these stocks by the end of 2024 [1] - The investing group "Out Fox The Street" is led by Mark, who provides stock picks and in-depth research aimed at helping readers identify potential multibaggers while managing portfolio risk through diversification [4] - Features of the investing group include model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and community chat access for direct interaction with Mark [4]

The latest trading session saw SoFi Technologies, Inc. (SOFI) ending at $15.63, denoting a +1.82% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.73%. Elsewhere, the Dow saw an upswing of 0.16%, while the tech-heavy Nasdaq appreciated by 0.98%.Heading into today, shares of the company had lost 1.6% over the past month, outpacing the Finance sector's loss of 2.93% and lagging the S&P 500's gain of 0.34% in that time.The investment community will be paying ...

The S&P 500 has been on fire, consistently reaching record highs and showcasing strong performance over the last two years. But when it comes to standout stocks, SoFi Technologies (SOFI 2.13%) has rocketed up by 261% since the beginning of 2023. SoFi's ability to expand its customer base and grow revenue has set it apart. After achieving its first quarterly net income a year ago, the fintech has maintained a streak of profitability, delivering several consecutive quarters of solid earnings.SoFi is reaping t ...

SoFi isn't just a banking company, it's a technology company too.Shares of SoFi (SOFI -1.30%) have been on fire in 2024 in large part because the company's lending business is performing better than expected and its financial services arm is growing at around 100% per year. In this video, Travis Hoium shows why SoFi stock will continue to beat the market.*Stock prices used were end-of-day prices of Dec. 16, 2024. The video was published on Dec. 17, 2024. ...