SOFI - SoFi Technologies, Inc.
SoFi (SOFI -1.57%) reported second-quarter earnings that handily beat expectations and showed record highs for revenue, profitability, members, and cross-buying. In this video, I'll discuss why this hasn't produced new highs in the stock.
SoFi fell by nearly 10% after reporting record earnings in the second quarter. While SoFi raised its revenue guidance, its profit expectations remained unchanged.
SoFi Technologies, Inc. (SOFI) concluded the recent trading session at $18.22, signifying a -1.57% move from its prior day's close.
SOFI's Payward tie-up expands SoFiUSD's reach through Kraken while adding digital-asset liquidity and 24/7 dollar clearing.
SoFi Technologies Inc. (NASDAQ:SOFI) is trending after the company announced a strategic partnership with Payward on Thursday, connecting SoFi's banking infrastructure with Kraken's digital asset markets. Shares traded higher on the news on Thursday.
SoFi Technologies (NASDAQ: SOFI - Get Free Report) and Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada (OTCMKTS:CRQDF - Get Free Report) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their profitability, institutional ownership, valuation, risk, analyst recommendations,
Financial services app SoFi has joined forces with Payward, parent company of cryptocurrency exchange Kraken. With this partnership, Payward will leverage SoFi's “Big Business Banking” capabilities, join the SoFi Exchange Network (SEN) and list the SoFiUSD stablecoin on its multi-asset trading platform, the companies said in a Thursday (Sept.
SoFi shares have shed nearly a third of their value in 2026 even as the fintech keeps posting record numbers, and that gap between price and fundamentals points to a scenario Wall Street has not fully priced in yet.
SoFi Technologies, Inc. (NASDAQ: SOFI), the everything app for digital financial services, and Payward, a unified financial infrastructure platform, today annou
SAN FRANCISCO & CHEYENNE, Wyo.--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), the everything app for digital financial services, and Payward, a unified financial infrastructure platform, today announced a strategic partnership designed to enhance banking, payments, liquidity, and digital asset markets. Through the partnership, Payward will leverage SoFi's Big Business Banking capabilities, join the SoFi Exchange Network (SEN) and list SoFiUSD on its multi-asset trading platform. SoFi.
SoFi's adjusted net revenue surged 40% year over year during the latest quarter. The company's personal loans accounted for 72% of its total originations in Q2.
SoFi Technologies remains a Strong Buy, with robust member growth, accelerating cross-sell, and sector-leading revenue expansion justifying a premium valuation. SOFI's cross-selling strategy has driven product-per-member to a record 1.54x, with new customers adopting over two products on average, enhancing ARPU and operating leverage. Updated projections see SOFI reaching $10B in revenue and $1.42 EPS by 2030, supporting a $28.5–$34.2 price target and 67–100% upside from current levels.
Shares of SoFi Technologies Inc. (NASDAQ:SOFI) are trading marginally higher Wednesday morning. The digital financial services firm continues to navigate a turbulent macroeconomic backdrop, where a sharp rise in benchmark Treasury yields has weighed on rate-sensitive fintech lenders.
Today's fintech selling is precisely targeted at the two names in the group that carry consumer credit on their own balance sheets, and the ordering inside the trio proves it.
SoFi Technologies, Inc. remains a Buy as the business pivots toward fee-based revenue and leverages its deposit base as a rate hedge. Management raised 2024 revenue guidance to $4.75–$4.85B but held profit targets flat, reinvesting incremental revenue into growth initiatives. Fee-based revenue reached 39% of total, with the Loan Platform Business enabling growth without adding credit risk to SOFI's balance sheet.
SoFi's product flywheel gains traction as cross-buy rises, non-lending products expand, and fee-based growth broadens its financial-services model.
Shares of SoFi Technologies Inc. (NASDAQ:SOFI) are trading marginally lower Monday morning. The stock is extending weakness from Friday's session as fintech and high-beta growth names face pressure from broader market headwinds and persistent macroeconomic scrutiny around lending margins.
Canada Pension Plan Investment Board acquired a new stake in SoFi Technologies, Inc. (NASDAQ: SOFI) in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 273,500 shares of the company's stock, valued at approximately $4,904,000. Several other hedge funds have also
Watch more: Monday Conversation With SoFi's Kathleen Pierce-Gilmore Former Visa executive Kathleen Pierce-Gilmore is three months into her new role as president of SoFi Technology Solutions.
SoFi's low 1.5 products per customer and high marketing costs raise questions about its bank‑like economics. Investors are urged to judge SoFi using traditional bank metrics.