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SoFi Technologies Inc Stock News
$27.46
4.89%
day before yesterday
Nasdaq,
Jan 02, 10:17 pm CET
Why the stock moved Beta
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SoFi is a one-stop shop digital bank designed to meet the banking needs of consumers, particularly those earning at least $100,000 annually. Wood sold a relatively small amount of shares earlier in December, so it could just be due to profit-taking.
SoFi, MercadoLibre, and Lemonade are disrupting traditional financial services with technology. On is developing its brand globally and gaining a loyal following.
Shares of fintech firm SoFi Technologies (NASDAQ:SOFI) had a solid 2025, with around 95% worth of gains, beating both the S&P 500 and Nasdaq 100 by a wide margin.
SoFi Technologies Inc.'s (NASDAQ: SOFI) chief executive officer stated at a conference earlier this year that the fintech company is targeting 30% member growth and 20% revenue growth.
SoFi Technologies is finally upgraded to a buy, driven by its expanding platform moat and robust multi-year growth trajectory. SOFI's loan platform business has achieved 4x growth, with $3.4B in originations and a $13B run rate, fueling revenue durability. Despite a nearly 50x forward earnings multiple, SOFI's growth engine supports its expansive moat and growing competitive levers.
In this video, I will cover the recent updates regarding SoFi Technologies (SOFI +1.64%) and the comments from CEO Anthony Noto. Watch the short video to learn more, consider subscribing, and click the special offer link below.
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