PresentationSo thank you very much for joining us today. We are joined by SoFi Technologies. We have CFO, Chris Lapointe, with us here today as well as Investor Relations, Mike Ioanilli and Michael Del Grosso. So I'm Jill Shea with UBS, and I'm joined with Tim Chiodo, who covers SoFi with me. So I'll turn it over to Tim to kick us off.All right. We're going to start with the recent update and Q4 quarter-to-date trends. So you recently raised the full year guidance basically across the board, revenue, EBITDA ...

Summary of SoFi Technologies Conference Call Company Overview - **Company**: SoFi Technologies (NasdaqGS: SOFI) - **Date**: December 03, 2025 - **Key Speakers**: CFO Chris Lapointe, Investor Relations Mike Ioanilli, Michael DeGrosso Key Points Financial Performance - SoFi raised full-year guidance for revenue, EBITDA, income, EPS, and total members, expecting to add over **3.5 million members** and generate **$3.54 billion** in Adjusted Net Revenue, representing **36% growth** [3][2] - The company achieved a record high of **9%** unaided brand awareness, significantly up from low single digits in 2019-2020 [4] - Fee-based revenue sources accounted for **40%** of total revenue, up from **25%** previously, indicating a shift towards less risky, capital-light revenue streams [5] Business Segments - **Lending**: Strong momentum in student loan refinancing, home loans, and unsecured personal loans. The financial services business saw a **70%** increase in interchange and brokerage fees year-to-date [4] - **Cross-buy Strategy**: **40%** of new products were opened by existing members, marking the fourth consecutive quarter of increasing cross-buy rates [6][7] - **Loan Platform Business**: Originated **$3.4 billion** on behalf of partners, with a run rate of **$13 billion** and generating **$660 million** in annualized revenue [20] Product Innovation - Continued investment in product innovation, particularly in personal loans, student loan refinancing, and home equity loans, with a focus on expanding market share [9][10] - New product launches include SoFi Crypto, SoFi Pay for global remittance, and SoFi Stablecoin, aimed at enhancing the company's offerings in the crypto space [14][16] Market Opportunities - The total addressable market for student loan refinancing is estimated at **$400 billion**, with a potential **25%** increase in market size for every **50 basis point** drop in rates [25] - The GradPlus program presents a **$14 billion** market opportunity, targeting high-income borrowers such as doctors and lawyers [26] - Home loans represent a significant growth opportunity, with only **2%** of SoFi members currently using SoFi for mortgages [27][28] Credit Quality and Funding - Improvement in net charge-off rates and delinquency rates, with NCO rates down **20 basis points** [29] - Net interest margin (NIM) maintained at **5.84%**, above guidance of **5%**, due to healthy asset yields and lower cost of funds [30][31] Future Outlook - The company is exploring both organic and inorganic growth opportunities, with capital levels above **20%** providing flexibility for potential M&A [42][43] - Continued focus on driving sustainable revenue growth through reinvestment of **70%** of incremental revenue back into the business [11][12] Technology Platform - Revenue growth in the tech platform segment was up **12%**, driven by new client acquisitions and existing client monetization [36] - Partnerships with large consumer brands like Southwest and T-Mobile highlight the company's technology capabilities [38] Additional Insights - The company is positioned to leverage regulatory pressures in the financial sector to enhance its product offerings and market presence [39] - The focus on lifetime value for members rather than individual product metrics is a key strategic approach [32]

With its stock skyrocketing nearly +100% in 2025 to a new all-time high of $32, investors may be wondering if SoFi Technologies (SOFI)  is the next fintech firm that could see its share price rip to over $100 like Robinhood Markets (HOOD)  and Shopify (SHOP) , to name a few.Like Robinhood and Shopify, SoFi is increasingly expanding its financial services ecosystem, making it a worthy topic of whether this is just the beginning of what could be a far more extensive rally in SOFI.  Image Source: Zacks Investm ...

Whales with a lot of money to spend have taken a noticeably bullish stance on SoFi Technologies.Looking at options history for SoFi Technologies (NASDAQ:SOFI) we detected 28 trades.If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 35% with bearish.From the overall spotted trades, 4 are puts, for a total amount of $506,881 and 24, calls, for a total amount of $1,409,880.Projected Price TargetsAnalyzing the Volume and Open ...

Core Insights - SoFi Technologies has experienced a significant share price increase of over 118% in the past six months, driven by strong financial performance and rapid member growth [1][4] - The company is diversifying its revenue streams towards capital-light sources, reducing reliance on interest income and credit risk, while maintaining a healthy lending division [2][4] - Despite the positive momentum, SoFi's stock is currently trading above the average analyst price target of $27, indicating high expectations that may be difficult to sustain [3] Financial Performance - SoFi added 905,000 new members in the most recent quarter, resulting in a 35% year-over-year increase to a total of 12.6 million members [5] - The number of financial products used by customers rose by 36% year-over-year to 18.6 million, with approximately 40% of new products coming from existing members, indicating strong cross-buying [5] - The increase in product density is expected to enhance lifetime revenue per member and reduce customer acquisition costs [5] Revenue Diversification - The company is shifting towards technology platform fees and financial services income, which are less capital-intensive and lower credit risk [2] - SoFi's strong deposit base supports its lending division, helping to keep funding costs lower [2] Growth Outlook - The company has multiple growth catalysts and a solid funding structure, but maintaining the current growth momentum may become challenging as year-over-year comparisons become tougher [3][4]

There's still time to get in on these rising stars.It's not possible to go back in time and invest in Nvidia or Amazon when they were still relatively small companies. However, it is possible to identify corporations that appear poised to establish themselves as leaders in their respective industries. Doing so and investing in those companies can help investors earn outstanding returns over the long term. Let's consider two stocks that may fit the bill: SoFi Technologies (SOFI 2.25%) and Summit Therapeutics ...

Key Points SoFi has achieved GAAP profitability for several consecutive quarters, demonstrating the validity of its business model. A strategic shift toward a capital-light, fee-based business is successfully diversifying revenue and driving growth. Innovations in crypto and AI, plus major partnerships, are creating significant future opportunities. Interested in SoFi Technologies, Inc.? Here are five stocks we like better. SoFi Technologies (NASDAQ: SOFI) is having a banner year, with its stock up ...

Core Insights - Since 2023, certain stocks have experienced remarkable growth, with returns ranging from 490% to 2,400%, indicating strong market performance and investor interest [1] Robinhood Markets - Robinhood's stock has seen significant increases, rising by 57% in 2023, 193% in 2024, and 209% in 2025 as of November 21 [3][4] - The company reported a revenue of $1.3 billion for Q3, doubling from the previous year, and achieved a Rule of 40 score of 131%, highlighting its strong growth metrics [4] - Robinhood's market cap is approximately $116 billion, with a P/E ratio of 48, reflecting its high valuation amidst growth potential [6] Palantir Technologies - Palantir's stock has surged by 115% in 2025, following increases of 341% in 2024 and 167% in 2023 [7] - The company reported a 63% increase in sales for the most recent quarter, totaling $1.2 billion, and has a Rule of 40 score of 114% [8] - Palantir's market cap stands at $401 billion, with a P/E ratio around 380, indicating a high valuation driven by retail investor support [9][10] SoFi Technologies - SoFi's stock has increased by 78% in 2025, following gains of 55% in 2024 and 116% in 2023 [12] - The company has expanded its offerings from student loans to a variety of financial products, growing its member base from 3.5 million in 2021 to over 12.6 million [13] - SoFi's market cap is approximately $36 billion, with a P/E ratio around 50, suggesting it is also a relatively expensive stock but popular among retail investors [14][15]

Core Insights - The national average savings account interest rate is currently 0.4%, a significant increase from 0.06% three years ago [2] - Some high-yield savings accounts are offering rates as high as 4% APY, with the highest available rate being 4.3% APY from SoFi [2][3] Summary of Savings Interest Rates - The national average savings account rate is 0.4% as reported by the FDIC, which is low compared to other investment options [2] - The best savings rates available today can reach up to 4% APY or higher, indicating a competitive market for high-yield savings accounts [2] Interest Earnings Example - A deposit of $1,000 at the average interest rate of 0.4% would yield a total of $1,004.01 after one year, resulting in $4.01 in interest [4] - In contrast, a high-yield savings account with a 4% APY would grow the same $1,000 deposit to $1,040.81, earning $40.81 in interest over the same period [4] Impact of Deposit Amount - Increasing the deposit amount significantly affects the interest earned; for example, a $10,000 deposit in a high-yield savings account at 4% APY would result in a total balance of $10,408.08 after one year, earning $408.08 in interest [5]

Core Viewpoint - SoFi Technologies has re-entered the crypto trading market, which is expected to enhance its revenue and customer engagement, especially as the popularity of cryptocurrencies rises among retail investors and financial institutions [1][9][10]. Company Overview - SoFi Technologies has outperformed the S&P 500 this year, with a current market cap of $36 billion and a stock price of $29.72, reflecting a 4.32% increase [3]. - The company has launched crypto trading, becoming the first nationally chartered bank to do so, allowing customers to trade dozens of cryptocurrencies directly on its platform [1][3]. Industry Context - The resurgence of crypto trading aligns with trends observed in other fintech companies like Robinhood and Coinbase, which have seen significant growth in crypto-related revenues [4][5]. - Robinhood reported a 300% year-over-year increase in crypto revenue, while Coinbase achieved 82.8% year-over-year transaction revenue growth in Q3, indicating a strong market for crypto trading [5][6]. Historical Context - SoFi previously offered crypto trading from 2019 until 2023, when it was discontinued due to regulatory pressures associated with becoming a chartered bank [7][10]. - The company had seen a 112% year-over-year increase in SoFi Invest revenue in Q2 2022, attributed in part to crypto trading, but revenue growth slowed to 1% year-over-year in Q1 2024 after the removal of crypto trading [8]. Future Outlook - The reintroduction of crypto trading is expected to attract customers back to SoFi, potentially increasing demand for other financial products like equity and options transactions [11]. - If SoFi can replicate the revenue growth seen by Robinhood, it could significantly boost its financial performance in upcoming quarters, especially given the favorable year-over-year comparisons due to the absence of crypto transactions in previous periods [12][13].