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SoFi's Loan Platform Shines In Q2, Driving Profitability And Growth
Benzingaยท 2025-07-30 19:33
SoFi Technologies SOFI saw its stock trading lower on Wednesday, despite Wall Street analysts reiterating their ratings after the company reported stronger-than-expected second-quarter financial results on Tuesday.The fintech firm surpassed revenue and earnings estimates, driven by robust growth in its loan platform business and a significant increase in members and products, leading to Needham raising its price target on the stock.SoFi reported second-quarter revenue of $858.23 million, beating analyst est ...