SoFi Technologies Inc is up 6.0% on Monday after reporting market-beating financial results for its first quarter. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.SoFi stock pops on upbeat future guidanceCopy link to sectionInvestors are cheering also because the personal finance company issued upbeat guidance for the future. $SOFI now calls for its adjusted revenue to fall between $2.39 billion and $2.43 billion on up to 9 cents a share of earnings i ...

SoFi Technologies Reports Q1 2024 Net Revenue of $645 Million and Net Income of $88 Million, Marking Second Consecutive Quarter of GAAP Profitability 54% Combined Revenue Growth in Tech Platform and Financial Services Segments Drove 26% Growth in Total Adjusted Net Revenue Management Raises FY 24 Guidance SAN FRANCISCO, Calif. – (BUSINESS WIRE) – April 29, 2024 – SoFi Technologies, Inc. (NASDAQ: SOFI), a member- centric, one-stop shop for digital financial services that helps members borrow, save, spend, in ...

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 most recent trading session ended with SoFi Technologies, Inc. (SOFI) standing at $7.60, reflecting a +0.26% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily gain of 0.02%. At the same time, the Dow lost 0.11%, and the tech-heavy Nasdaq gained 0.1%.Coming into today, shares of the company had gained 5.28% in the past month. In that same time, the Business Services sector lost 5.08%, while the S&P 500 lost 3.01%.Investors will be eagerly watching for th ...

SoFi Technologies, Inc. (SOFI) will report its first-quarter 2024 results on Apr 29, before the bell.Let’s check out how SOFI is currently doing.Stock Performance & ValuationThe stock gained 30% over the past year. Although an impressive gain, outperforming the Zacks S&P 500 composite’s rally of 21.8%, the stock has underperformed the 47.3% rally of the industry.On the basis of EV-to-EBITDA, SOFI is currently trading at 13.55X compared with the industry’s 57.18X. If we look at the Price/Earnings ratio, SOFI ...

As long as the business and management execute, the stock will follow.In this video, I will go over my first-quarter SoFi Technologies (SOFI 4.55%) earnings prediction and what Wall Street expects.*Stock prices used were from the trading day of April 19, 2024. The video was published on April 23, 2024. ...

This up-and-coming digital bank is ready to start generating outsized profits.With a market cap approaching $300 billion and total assets on the balance sheet of $3.3 trillion, Bank of America is undoubtedly one of the largest financial institutions out there. It's also known to be one of Warren Buffett-led Berkshire Hathaway's top holdings.That might prompt you to give this bank stock some added attention, or even to buy shares. But if you continue reading, you may forget soon about Bank of America and ins ...

Investors can identify favorable qualities in both of these innovative businesses.Not all stocks have benefited from the stock market's recent bull run. In fact, some have had disappointing performances this year and remain well off their all-time highs.For example, shares of Lemonade (LMND 0.83%) sit 91% below their peak. Still, there might be some investors who appreciate what the business is doing and where it might be headed.But is this beaten-down growth stock a better buy than fintech peer SoFi Techno ...

The Biden administration has formally proposed a new plan for student loan forgiveness to assist millions of borrowers. The plan was created after the U.S. Supreme Court invalidated President Biden’s initial wide-scale loan cancellation effort. It is designed to target and adhere to the regulatory process more. This development has led to some top student loan stocks to buy.Borrowers of any income level could receive up to $20,000 in cancellation for the unpaid interest portion of their debt. Thus, signific ...

Devrimb/iStock via Getty Images No matter the positive growth story from SoFi Technologies (NASDAQ:SOFI), the stock just limps along. The market is fixated with GAAP profits, yet the company is already highly profitable, warranting a higher stock price. My investment thesis is ultra Bullish on the stock based on the big 2026 financial targets and the lagging stock price disconnected by investors due to constant irrational fears. Source: Finviz Always Negative Spin SoFi recently completed a convertib ...