GOCMEN Shares of SoFi (NASDAQ:SOFI) soared more than 20% after the digital personal finance company submitted its earnings sheet for the fourth-quarter on Monday that showed both a significant EPS and top line beat. SoFi surrender 15 percentage points of the upsurge on Tuesday and Wednesday, however. The most notable take-aways from SoFi’s fourth-quarter earnings report were that the company’s revenue growth momentum accelerated and that the short term EPS outlook for SoFi is extremely favorable. The co ...

Kevin Dietsch/Getty Images News Introduction SoFi (NASDAQ:SOFI) ended 2023 with a huge bang, producing Q4 financial results that surpassed all expectations. Even the bears were surprised. Growth accelerated, profitability skyrocketed, and management provided their outlook for the next three years — solidifying SoFi's path of becoming a top 10 bank. Our 2023 results have reinforced my conviction in our long-term potential and our ability to achieve our aspiration to become a top 10 financial instituti ...

SoFi (NASDAQ:SOFI) stock is now down by about 16% compared to the closing price on Jan. 29, the day that the company reported its fourth-quarter earnings, effectively wiping out all of its earnings gains. However, UBS analyst Tim Chiodo raised his price target to $8 from $7 this morning while maintaining a “neutral” rating, implying an upside of just below 4% from current prices. UBS first initiated coverage of SoFi in October with a $7 price target and a “neutral” rating.On TipRanks, Chiodo is ranked at #2 ...

For almost an entire month, it appeared as if Jim Cramer, the famous host of CNBC’s Mad Money, was spot on when he recommended investors go long on SoFi Technologies (NASDAQ: SOFI) and said he remains a buyer.Since then, however, the stock of the financial technology company went into a sharp decline and is, in fact, down as much as 18.86% since January 1. Additionally, while it briefly surged on January 29, it subsequently declined  – putting it at $7.83.SOFI YTD price chart. Source: GoogleStill, despite t ...

SoFi (NASDAQ:SOFI) reported its earnings this week, sending its shares higher by more than 20%. However, most of those gains have now been erased.This morning, Morgan Stanley analyst Jeffrey Adelson lowered his price target to $6.50 from $7 while lowering the rating to “underweight” from “equal weight.” In October, Adelson upgraded SOFI stock to “equal weight” from “underweight.” This was because SoFi had announced a $2 billion forward flow agreement while its share price had come down to Adelson’s price ta ...

In this video, Motley Fool contributor Jason Hall breaks down SoFi Technologies' (SOFI -8.30%) great quarterly results that helped spur the stock price higher, along with the two main reasons shares surged 20% in a single day. One of the reasons may come from an unexpected source.*Stock prices used were from the afternoon of Jan. 29, 2024. The video was published on Jan. 30, 2024. ...

SoFi (NASDAQ:SOFI) stock is in the red today despite the company reporting excellent fourth-quarter earnings yesterday and receiving an upgrade from Deutsche Bank analyst Mark DeVries. DeVries raised his price target to $12 from $11 while maintaining a “hold” rating. DeVries is a highly ranked analyst on TipRanks. Among the 8,695 Wall Street analysts tracked by the site, DeVries come in at 149. He carries a success rate of 63% and an average one-year return of 16%.SOFI carries an average price target of $9. ...

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. ...

Banking disruptor SoFi (SOFI 20.21%) just reported fourth-quarter earnings that handily surpassed most experts' predictions. In this video, I discuss the numbers investors should know, why they're important, and why I'm excited to watch the bank's growth story continue.*Stock prices used were the afternoon prices of Jan. 29, 2024. The video was published on Jan. 30, 2024. ...

Shares of SoFi Technologies (SOFI 20.21%) rallied 20.2% Monday after the banking and financial technology (fintech) stock handily beat expectations with its fourth-quarter 2023 report.SoFi delivers its first-ever GAAP profitSoFi's Q4 adjusted (non-GAAP) revenue grew 35% year over year, to $594 million, translating to adjusted earnings of $0.04 per share. SoFi also achieved its first-ever quarter with positive consolidated generally accepted accounting principles (GAAP) net income of $48 million or $0.02 per ...