SoFi Technologies Inc Stock News

SoFi Technologies surpassed 10M members in CY 2024, adding 785K in Q4, with total products exceeding 14.7M (+32% YoY). Hit $970M (+74% YoY), now 47% of total revenue, reducing reliance on lending and improving margin stability. Originated $23B in loans (+33% YoY), with LPB generating $2.1B, lowering balance sheet risk while maintaining revenue streams.

Shares of SoFi Technologies Inc. (NASDAQ: SOFI) fell −2.8% on Thursday, continuing the past week's downward trend and dragging down the stock's one-month performance to −12.70%.

It's tempting to get more aggressive at this phase in the AI boom, with tech stocks blasting off to new heights.

SoFi (SOFI -2.11%) is up by about 130% since mid-2024, and the company's growth and profitability progress certainly justify the move. But in this video, I explain why some of the recent developments could result in much more long-term upside for investors.

One of the hallmarks of Ark Investment Management CEO Cathie Wood's investment style is her ability to identify emerging opportunities that seek to disrupt legacy incumbents -- specifically, in industries such as technology.

SoFi's share price fell 18% post-4Q24 results despite double beat in revenue and EPS, due to conservative 2025 EPS guidance and skepticism about 2026 projections. CEO Anthony Noto has subtly raised 2026 guidance during the BofA conference with >25% revenue CAGR in 2023-26 (from 20-25%) and 20% NPM and 20-30% ROE in the long term. I estimate SoFi to deliver $0.76 EPS in 2026 given the upgraded g...

To call SoFi's (SOFI -5.72%) growth story an impressive one doesn't really do the company justice. Since going public in 2021, SoFi's membership based has increased from 3.4 million to more than 10 million, and it has evolved from a relatively small lender into a full-featured online bank.

After a massive 200% rally from August through January, SoFi Technologies Inc. NASDAQ: SOFI looked unstoppable. That momentum carried the fintech stock to a multi-year high at the end of January, supported by a streak of strong earnings reports.