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Should You Buy SoFi Technologies Before Oct. 29?
The Motley Fool· 2024-10-28 13:05
Sentiment around SoFi stock has certainly changed in recent weeks. In this video, I will go over my third-quarter SoFi Technologies (SOFI 0.55%) earnings prediction and what Wall Street expects. 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 Oct. 25, 2024. The video was published on Oct. 27, 2024. ...
SoFi: Slam The Brakes Before It Goes Overboard
Seeking Alpha· 2024-10-27 15:30
JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...
SoFi: Business Turnaround Is Accelerating, 2025 Looks Amazing
Seeking Alpha· 2024-10-21 18:55
SoFi Technologies (NASDAQ: SOFI ) stock has seen a huge run-up since the last time I wrote on the upstart fintech company, with shares up by 59.06% since mid-summer when I last covered them.This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as ...
Massive SoFi Stock Rally Incoming After Fortress News
MarketBeat· 2024-10-21 11:15
Most investors would focus on banking stocks or even consumer discretionary stocks when realizing that the Federal Reserve (the Fed) has just started cutting interest rates at the most aggressive pace in 16 years. The reason is that, as financing becomes more flexible and available, consumer trends may strengthen, and they actually have.SoFi Technologies TodaySOFISoFi Technologies$10.18 +0.31 (+3.14%) 52-Week Range$6.01▼$10.49Price Target$9.25Add to WatchlistRecent retail sales reports show recovery for the ...
1 Digital Banking Stock Down 61% to Buy and Hold Forever
The Motley Fool· 2024-10-20 00:12
This financial jack-of-all-trades stock could be a big winner for years to come. SoFi Technologies (SOFI 3.14%) is on a roll. The stock recently soared to $10 per share, its highest price since early 2022. It's progress, but the stock is still down about 60% from its all-time high, set during the market bubble in 2021. SoFi is a digital bank, but it's not exactly a banking stock. (Well, it's not a traditional bank stock.) So, just what is SoFi? It could be an industry disruptor with traditional banking feat ...
SoFi Technologies, Inc. (SOFI) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-10-17 22:51
The latest trading session saw SoFi Technologies, Inc. (SOFI) ending at $9.87, denoting a -1.69% adjustment from its last day's close. This change lagged the S&P 500's 0.02% loss on the day. Meanwhile, the Dow experienced a rise of 0.38%, and the technology-dominated Nasdaq saw an increase of 0.04%. The company's stock has climbed by 23.8% in the past month, exceeding the Finance sector's loss of 3.12% and the S&P 500's gain of 3.77%. The investment community will be closely monitoring the performance of So ...
Should You Ignore SoFi and Buy This Magnificent Digital Bank Stock Instead?
The Motley Fool· 2024-10-16 09:30
These two companies are very similar, but they operate in different regions. SoFi Technologies (SOFI 1.39%) might be on the verge of a rebound after falling off a cliff this year. It doubled last year and then dropped early this year, but it's up more than 40% during the past three months. Such is often the way with the markets, especially young growth stocks. But there's another young digital bank stock that hasn't taken any break from skyrocketing gains. It also doubled last year, and it's up about 75% in ...
SoFi Technologies (SOFI) Soars 11.4%: Is Further Upside Left in the Stock?
ZACKS· 2024-10-15 22:35
SoFi Technologies, Inc. (SOFI) shares ended Monday's trading session 11.4% higher at $10.04. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 16.4% gain over the past four weeks. This increased investor optimism can be attributed to SOFI's $2 billion agreement with Fortress Investment to expand its personal loans business. This company is expected to post quarterly earnings of $0.04 per share in its upcoming report, ...
Here's why SoFi stock could hit new highs this year
Finbold· 2024-10-15 12:46
SoFi Technologies Inc. (NASDAQ: SOFI) continues to build strong momentum, with its stock rising by 11.4% to reach $10.04—its highest price since the start of the year. This surge is driven by key developments, including the recent $2 billion loan platform partnership with Fortress Investment Group and strong financial performance in Q2 2024. Jim Cramer, the well-known host of CNBC's Mad Money, seemed to be right on the mark when he urged investors to go long on SoFi, a recommendation now validated by the co ...
SoFi Stock Could Hit $15 After $2 Billion Fortress Loan Pact
Forbes· 2024-10-14 18:12
UKRAINE - 2021/06/06: In this photo illustration, a Social Finance (SoFi) logo is seen on a ... [+] smartphone and a pc screen in the background. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images As a SoFi shareholder, I am sorry the company's stock price trades 56% below its June 2021 peak of $22.65 — the day the company merged with a special purpose acquisition company. Despite considerable bets against SoFi— 17.9% of whose shares are s ...