Sentiment for SoFi Technologies (NASDAQ:SOFI) stock tends to ebb-and-flow, and right now sentiment is shifting back toward bearish for two reasons. One has to do with the stock itself, while another has to do with potential unfavorable public policy changes. It may seem a SoFi downturn could last a while.I wouldn’t jump to that conclusion based as the upcoming earnings report may help to drive a sudden shift back towards bullish. That’s not to say you need to buy right ahead of this event, or sell if you bu ...

The latest trading session saw SoFi Technologies, Inc. (SOFI) ending at $7.65, denoting a +1.19% adjustment from its last day's close. This move outpaced the S&P 500's daily gain of 0.53%. Meanwhile, the Dow experienced a rise of 0.64%, and the technology-dominated Nasdaq saw an increase of 0.19%.Prior to today's trading, shares of the company had lost 26.74% over the past month. This has lagged the Business Services sector's gain of 0.84% and the S&P 500's gain of 2.48% in that time.The investment communit ...

The new year has gotten off to a hot start. Stocks are rallying, and the S&P 500 recently hit a record high. Moreover, the crypto industry had its own milestone moment as the Securities and Exchange Commission (SEC) approved several spot Bitcoin exchange-traded funds (ETFs).These new investment products are offered by financial institutions such as Ark Invest, BlackRock, and many others. The overarching idea is that these funds are designed to track the price of Bitcoin without requiring investors to purcha ...

Justin Sullivan My Strong Buy thesis on SoFi Technologies, Inc. (NASDAQ:SOFI) played out from my previous update in mid-November 2023. I anticipated that the SOFI buyers seemed prepared to defend the $6.50 level, which was robustly supported. In addition, I also highlighted why I believe SOFI's outperformance against its sector peers wasn't a one-off, as it continued to guide toward GAAP net income profitability. Accordingly, SOFI surged nearly 65% through its late December 2023 highs before pulling back in ...

SoFi’s (NASDAQ:SOFI) competition continues to be strong, while its valuation is quite high and it is likely to be meaningfully hurt by actions taken by the Biden administration now and in the future. Given these points, I recommend that investors sell SOFI stock. Tough Competition On the consumer loan front, SoFi faces steep competition from numerous banks, including huge institutions like JPMorgan (NYSE:JPM) and Bank of America (NYSE:BAC), along with other major fintech players, including PayPal (NASDAQ:PY ...

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. ...

Shares of SoFi Technologies (SOFI 1.08%) have started 2024 down significantly. In this video, Motley Fool contributor Jason Hall breaks down why that shows short-sightedness on the part of investors and shares his one reason that sets SoFi apart from other banks, including Bank of America.*Stock prices used were from the morning of Jan. 17, 2023. The video was published on Jan. 20, 2023. ...

Since March 2022, SoFi Technologies (NASDAQ:SOFI) stock has traded in a tight range between $5 and $10. The fintech’s share price almost reached double digits at the end of 2023, its highest level since last July’s 52-week high of $11.70. SOFI traded over $25 in January 2021, which is hard to believe. It’s spent enough time in a tight range. It’s time to move into double digits and beyond. What does it have to do for me to say yay to buying in 2024? Or, what would make me say nay to SOFI stock in the year a ...

If you like to invest in future-forward, industry-disruptive businesses, then SoFi Technologies (NASDAQ:SOFI) stock should be right up your alley. As SoFi Technologies continues to threaten traditional, boring banks, investors should consider buying a few shares and holding them for years.Granted, there are risks involved as government policy could cause problems for SoFi Technologies’ lending business. However, one expert on Wall Street sees SoFi Technologies as a high-potential technology company, and eve ...

SAN FRANCISCO--(BUSINESS WIRE)--SoFi (NASDAQ: SOFI), the digital personal finance company, announced today the expansion of its new small business marketplace within the SoFi product experience. With this addition, SoFi will now be able to better support millions of American small business owners’ financing needs by connecting them to SoFi’s network of providers. “SoFi is on a mission to help its members achieve financial independence to realize their ambitions,” said Anthony Noto, CEO of SoFi. “For many ...