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. ...

A falling share price has cast doubt on this promising company's investment potential. Digital banking and financial services company SoFi Technologies (SOFI 4.54%) is back within shouting distance of its 52-week low and roughly 75% off its 2021 peak. Investors often let price drive a stock's narrative. For example, SoFi's share price keeps falling, so the business must also be bad. But is that true, or does the market have it all wrong? Situations like this are risky, but going against Wall Street and gett ...

The banking disruptor just reported its second-quarter results, and here's what investors need to know. SoFi (SOFI -0.45%) just reported its second-quarter earnings, and its membership base grew by 41% year over year. But that's just one piece of the puzzle. In this video, I'll discuss some important details from the second quarter and what investors should know about them. *Stock prices used were the morning prices of Aug. 12, 2024. The video was published on Aug. 13, 2024. ...

NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- SoFi, a leading provider of thematic and income ETFs, today announced monthly distributions on the SoFi Enhanced Yield ETF (THTA). Distribution as of 08/14/2024 ETF Ticker Distribution per Share Distribution Rate * 30-Day SEC Yield** Ex-Date Record Date Payment Date THTA $0.2049 13.00% 3.12% 08/15/2024 08/15/2024 08/16/2024 Inception date: 11/15/2023 Click here to view standardized performance for THTA. THTA, launched in partnership with Tidal Investments LLC and ...

SoFi Technologies (NASDAQ:SOFI) can't catch a break. After the fintech doubled in 2023, SOFI stock lost a third of its value so far in 2024. And that's despite posting fairly decent earnings in the first and second quarters. There are headwinds as it changed course to take a more conservative approach to its balance sheet this year, but long-term investors should appreciate that. There is significant risk if the economy spirals into a recession, yet SoFi Technologies is improving its financial position. It ...

The market was enthusiastic about bank stocks. SoFi Technologies (SOFI 2.72%) stock gained 14% in July, according to data provided by S&P Global Market Intelligence. The stock soared after the Federal Reserve indicated that it might cut interest rates in September. However, it's fallen again since reporting earnings at the end of the month. Banks are sensitive to interest rates It wasn't only SoFi stock that soared in July. Bank stocks, as an industry, jumped on the news that interest rates might finally co ...

J Studios My thesis SoFi Technologies (NASDAQ:SOFI) is an impressive and promising business. Its revenue growth demonstrates impressive growth, outpacing growth projections for the whole fintech industry. The business model of a "one-stop shop for financial services" works well, as the company's profitability profile demonstrates impressive improvements in line with revenue growth. I have high confidence in SoFi's potential to sustain its impressive growth trajectory, as it has a strong cross-selling potent ...

Fintech giant SoFi Technologies (NASDAQ:SOFI) silenced its skeptics again by posting another stellar quarterly report and blowing past expectations across both lines. Yet, SOFI stock remains surprisingly unmoved, having shed more than 10% in the past week alone. Nevertheless, its robust financial health, looming interest rate cuts, and dynamic growth in its financial services division make it a buy at current prices. SoFi had a forgettable run at the stock market over the past year, trading 74% behind its a ...

SoFi stock continues to drop despite an impressive second-quarter report. The stock market is filled with mystery. One stock that consistently piques my curiosity is financial services and banking platform SoFi (SOFI -1.65%). Over the last few years SoFi has managed to disrupt the financial services industry by aggressively acquiring customers -- particularly in the desirable Gen Z and millennial demographics. The company's second-quarter earnings demonstrated that management's growth plan continues to take ...

Dilok Klaisataporn I have given a buy recommendation three times for SoFi Technologies (NASDAQ:SOFI). My first two recommendations called this financial institution a speculative buy here and here. In my last buy recommendation, I called the stock "a buy for risk-taking investors." So far, two of those recommendations have yet to pay off. My first buy recommendation is down 41.60% compared to the S&P 500's (SPX) rise of 23.93%. My second recommendation is down 0.53% compared to the S&P 500's 11.72% rise. My ...