SoFi Technologies(SOFI)

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SoFi Q3 Earnings: Excellent Growth
Seeking Alpha· 2024-10-29 14:51
The primary goal of the Cash Flow Kingdom Income Portfolio is to produce an overall yield in the 7% - 10% range. We accomplish this by combining several different income streams to form an attractive, steady portfolio payout. The portfolio's price can fluctuate, but the income stream remains consistent. Start your free two-week trial today!SoFi Technologies, Inc. (NASDAQ: SOFI ) has reported strong earnings results for the third quarter, beating estimates easily. While SOFI's valuation isn't low, investors ...
Why SoFi Technologies Stock Crashed 12.5% After Earnings
The Motley Fool· 2024-10-29 14:46
SoFi stock costs a lot... and may be worth it.SoFi Technologies (SOFI -9.61%) stock tumbled 12.5% through 9:45 a.m. ET Tuesday despite beating on top and bottom lines in its earnings report this morning.Heading into earnings, analysts forecast the online bank would earn $0.04 per share on $632.3 million. In fact, SoFi reported a profit of $0.05 per share, and its revenue exceeded expectations, at $697.1 million. SoFi by the numbersSoFi continued to post impressive growth in the third quarter, with members r ...
SoFi Technologies(SOFI) - 2024 Q3 - Earnings Call Presentation
2024-10-29 13:32
| --- | --- | --- | |-------|--------------------|-------| | | | | | | | | | | | | | 2024 | Q3 Summary Results | | | | October 2024 | | Disclaimer Use of Non-GAAP Financial Measures This presentation includes certain non-GAAP financial measures (including on a forward-looking basis) such as Adjusted Net Revenue, Adjusted EBITDA, Adjusted EBITDA Margin, and Tangible Book Value. These nonGAAP measures are in addition to, and not a substitute for or superior to, measures of financial performance prepared in ac ...
SoFi Technologies(SOFI) - 2024 Q3 - Quarterly Results
2024-10-29 11:09
SoFi Technologies Reports Net Revenue of $697 Million and Net Income of $61 Million for Q3 2024, Demonstrating Durable Growth and Strong Returns Record Adjusted Net Revenue with Growth Accelerating to 30% Driven by 64% Combined Growth in Financial Services and Tech Platform Segments, representing 49% of Total Adjusted Net Revenue 35% Growth in Members and Strong Product Innovation Remain Key Drivers of Growth Company Recorded $174 Million in Capital Light, Fee-Based Revenue, Reinforcing Strength of Increase ...
Should You Buy SoFi Technologies Before Oct. 29?
The Motley Fool· 2024-10-28 13:05
Sentiment around SoFi stock has certainly changed in recent weeks. In this video, I will go over my third-quarter SoFi Technologies (SOFI 0.55%) earnings prediction and what Wall Street expects. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Oct. 25, 2024. The video was published on Oct. 27, 2024. ...
SoFi: Slam The Brakes Before It Goes Overboard
Seeking Alpha· 2024-10-27 15:30
Core Insights - JR Research is recognized as a top analyst by TipRanks and Seeking Alpha, focusing on technology, software, and internet sectors [1][2] - The investment strategy emphasizes identifying attractive risk/reward opportunities with potential for alpha generation above the S&P 500 [1] - The approach combines price action analysis with fundamental investing, avoiding overhyped stocks while targeting undervalued ones with recovery potential [1] Investment Group Overview - The investing group Ultimate Growth Investing specializes in high-potential opportunities across various sectors [2] - The focus is on growth stocks with strong fundamentals and contrarian plays, with a 18 to 24 month outlook for investment theses [2] - The group aims to attract investors looking for robust growth stocks at attractive valuations, emphasizing buying momentum and turnaround plays [2]
SoFi: Business Turnaround Is Accelerating, 2025 Looks Amazing
Seeking Alpha· 2024-10-21 18:55
SoFi Technologies (NASDAQ: SOFI ) stock has seen a huge run-up since the last time I wrote on the upstart fintech company, with shares up by 59.06% since mid-summer when I last covered them.This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as ...
Massive SoFi Stock Rally Incoming After Fortress News
MarketBeat· 2024-10-21 11:15
Most investors would focus on banking stocks or even consumer discretionary stocks when realizing that the Federal Reserve (the Fed) has just started cutting interest rates at the most aggressive pace in 16 years. The reason is that, as financing becomes more flexible and available, consumer trends may strengthen, and they actually have.SoFi Technologies TodaySOFISoFi Technologies$10.18 +0.31 (+3.14%) 52-Week Range$6.01▼$10.49Price Target$9.25Add to WatchlistRecent retail sales reports show recovery for the ...
1 Digital Banking Stock Down 61% to Buy and Hold Forever
The Motley Fool· 2024-10-20 00:12
This financial jack-of-all-trades stock could be a big winner for years to come. SoFi Technologies (SOFI 3.14%) is on a roll. The stock recently soared to $10 per share, its highest price since early 2022. It's progress, but the stock is still down about 60% from its all-time high, set during the market bubble in 2021. SoFi is a digital bank, but it's not exactly a banking stock. (Well, it's not a traditional bank stock.) So, just what is SoFi? It could be an industry disruptor with traditional banking feat ...
SoFi Technologies, Inc. (SOFI) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-10-17 22:51
The latest trading session saw SoFi Technologies, Inc. (SOFI) ending at $9.87, denoting a -1.69% adjustment from its last day's close. This change lagged the S&P 500's 0.02% loss on the day. Meanwhile, the Dow experienced a rise of 0.38%, and the technology-dominated Nasdaq saw an increase of 0.04%. The company's stock has climbed by 23.8% in the past month, exceeding the Finance sector's loss of 3.12% and the S&P 500's gain of 3.77%. The investment community will be closely monitoring the performance of So ...