SoFi Technologies' (SOFI) stock has declined 29.5% in the year-to-date period against the 13.3% rally of the industry it belongs to and 14.5% growth of the Zacks S&P 500 composite. YTD Price Performance Image Source: Zacks Investment Research The company's fall is comparable with the performance of its competitors Edenred SE (EDNMY) , which has lost 31.6%, and TTEC Holdings, Inc. (TTEC) , which has plunged 79.3% over the same period. The SOFI stock has gained 8.2% over the past month, suggesting a reversal ...

SoFi's student loan business got some great news. SoFi's (SOFI 0.86%) shares bounced recently on news that student loans wouldn't be forgiven on a mass scale. That's great for the company's business, and Travis Hoium goes through why in this video. *Stock prices used were end-of-day prices of Aug. 30, 2024. The video was published on Sept. 3, 2024. ...

Sellers stepped up to start September, pushing the Nasdaq below its 50-day and 21-day moving averages. Investors are growing more nervous about the slowing U.S. economy, with signs of weakness across consumer spending and manufacturing popping up over the last several sessions. There could be more near-term selling and volatility as Wall Street waits for the Fed to officially start cutting rates when its two-day FOMC meeting ends on September 18. The presidential election cycle adds to the unknowns. Yet, th ...

Mihaela Rosu SOFI Investment Thesis Remains Dirt Cheap At Current Levels We previously covered SoFi Technologies (NASDAQ:NASDAQ:SOFI) in May 2024, discussing why we had maintained our Buy rating, due to the promising growth in its top/ bottom lines as the management executed the dual pronged growth as both an online bank and a fintech. At the same time, investors must also temper their near-term expectations, with the stock likely to trade sideways until the company achieves substantial GAAP EPS profitabili ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

The digital bank is going places, even though its stock has been falling. SoFi Technologies (SOFI 1.30%) stock's decline has got to be one of the biggest disappointments of the year. It came into 2024 on a high, having more than doubled last year and with the company sporting profitability for the first time. It continues to report strong growth, and it posted its third straight quarterly profit, but SoFi stock is down more than 20% this year. The market is making a mistake, and you can benefit from the sto ...

H re t T == 111 PM Images One company that I have been bullish on for a little while is SoFi Technologies (NASDAQ:SOFI). For those not familiar with the business, it operates as a diverse financial technology business that offers up financial services for its clients. Examples include brokerage accounts, credit cards, different financial technologies, loans, and more. In my original article about the firm, published in December of last year, I provided more in the way of detail if you are interested. Referr ...

SoFi Technologies' (SOFI) stock has rallied 8.7% in the past three months, outperforming the 6.9% rally of the industry it belongs to and 6.2% growth of the Zacks S&P 500 composite. YTD Price Performance Image Source: Zacks Investment Research SOFI's shares have outperformed its competitors Wells Fargo's (WFC) 5.1% dip and Bank of America's (BAC) marginal increase over the same period. Given the continuous strength of SOFI shares, many investors may be attracted to buy the stock. However, the relevant query ...

Viorika Investment Thesis Despite recent macroeconomic concerns and interest rate volatility, SoFi Technologies, Inc. (NASDAQ:SOFI) has demonstrated resilience with a 9% return since our last coverage, supported by growing loan demand and a slightly bullish technical outlook. While high interest rates challenge home loan originations and student loan recovery, SoFi's diversified platform and ongoing technological scalability provide a solid foundation for long-term growth. Current neutral-to-bullish momentu ...

A broken stock is not the same as a broken company. In today's video, I will be talking about the recent updates regarding SoFi Technologies (SOFI -1.43%). 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 Aug. 20, 2024. The video was published on Aug. 20, 2024. ...