SoFi Technologies(SOFI)
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SoFi: The Turn Of The Tide Has Come (Technical Analysis)
Seeking Alpha· 2024-11-02 13:24
The turning of the tide for SoFi Technologies, Inc. (NASDAQ: SOFI ) may have finally arrived for investors. The near term technicals show that the stock is in a strong position as it enters into anI'm a technically-oriented Canadian investor with a focus on U.S. markets, particularly in tech and financials. I graduated with a Bachelor of Commerce Degree with Distinction, with a major in Finance. I'm also a proud lifetime member of the Beta Gamma Sigma International Business Honour Society.Analyst’s Disclosu ...
1 Wall Street Analyst Thinks SoFi Stock Is Going to $13. Is It a Buy?
The Motley Fool· 2024-11-02 12:33
The company has more than a few levers it can pull for growth.All in all, stock market players did not react well to news of SoFi Technologies' (SOFI -1.16%) latest quarterly earnings release at the end of October. While the next-generation financial services company beat the consensus analyst estimates on both the top and bottom lines, it hasn't been posting the hot growth numbers of its past. Nevertheless, one analyst tracking the stock is sticking to his guns and continuing to recommend SoFi as a buy. Do ...
SoFi: Firing On All Cylinders
Seeking Alpha· 2024-11-02 11:43
Despite fintech SoFi Technologies Inc. (NASDAQ: SOFI ) beating estimates and raising its forecast for the third time in a row, the fintech’s stock tanked more than 6% directly after the presentation of third quarter earnings.A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive ...
Why SoFi Technologies (SOFI) Might be Well Poised for a Surge
ZACKS· 2024-11-01 17:20
Investors might want to bet on SoFi Technologies, Inc. (SOFI) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation betwee ...
1 Cathie Wood Stock to Buy Right This Instant That Has 36% Upside, According to Wall Street
The Motley Fool· 2024-11-01 10:15
Cathie Wood has quietly built a large position in fintech darling SoFi Technologies.Cathie Wood might be best known for her bullish stands on Tesla or Palantir, but recently the outspoken investor has been quietly building a position in up-and-coming fintech player SoFi Technologies (SOFI -0.45%).Right now, SoFi is Wood's fourth-largest position across her portfolio of exchange-traded funds (ETF) -- and she isn't the only one on Wall Street who remains optimistic. Equity research analyst Dan Dolev of Mizuho ...
SoFi or PayPal? Why Not Own Both Today?
The Motley Fool· 2024-10-31 15:00
Both companies exceeded expectations. In this video, I will talk about SoFi Technologies' (SOFI -1.02%) and PayPal's performances after both companies reported their quarterly figures on Tuesday. Watch 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. 29, 2024. The video was published on Oct. 29, 2024. ...
Why Shares of SoFi Rebounded Today
The Motley Fool· 2024-10-30 21:25
Shares of SoFi fell yesterday after the company reported earnings. Shares of SoFi Technologies (SOFI 7.16%) rose nearly 8% in the final half-hour of trading. Shares fell yesterday after the company reported its third-quarter earnings report. SoFi reported $0.05 of diluted earnings per share on revenue of more than $697 million, beating analyst estimates for both metrics. Are investors confused? SoFi also raised guidance for the full year of 2024, projecting adjusted-net revenue in the range of $2.535 billio ...
SoFi Impresses With Q3 Beat And Upgraded Guidance, Analysts Boost Price Forecasts On Loan Momentum
Benzinga· 2024-10-30 18:57
SoFi Technologies Inc SOFI stock is trading higher after Needham analyst Kyle Peterson maintained a Buy rating and raised its price target from $10 to $13. Goldman Sachs analyst Michael Ng maintained SoFi with a Neutral and raised the price target from $7.5 to $8.5. Barclays analyst Terry Ma maintained SoFi with an Equal-Weight and raised the price target from $8 to $9. Also Read: Netflix Restructures Leadership, Bids Farewell to Two Key Executives Needham: SoFi posted a solid third-quarter performance, sur ...
SoFi Technologies Stock Fell Despite Outstanding Results. Is It a Bargain Now?
The Motley Fool· 2024-10-30 12:53
The online bank performed well, but that didn't stop the stock market from knocking it down.Shares of SoFi Technologies (SOFI -6.43%) tanked on Tuesday in response to what appeared to be an outstanding third-quarter report. The bank stock had risen sharply in recent weeks only to sink more than 10% on Tuesday morning after investors got a good look at its latest report.Here's a quick look at what CEO Anthony Noto called SoFi's "strongest quarter" yet to see if the recent beating is warranted. If not, now co ...
SoFi's Amazing Results Can't Stop Stock Drop
The Motley Fool· 2024-10-30 09:34
Financial services are becoming a massive business for SoFi, but that's not the only growing segment. Shares of SoFi (SOFI -6.43%) fell 6% on Tuesday after the company reported an outstanding quarter. In this video, Travis Hoium shows how well SoFi is doing and why investors shouldn't be worried about the drop in shares. *Stock prices used were end-of-day prices of Oct. 29, 2024. The video was published on Oct. 29, 2024. ...