SoFi Technologies Inc Stock News

The stock market has been on a rough ride this past week, making investors nervous about the impact of tariffs and an economic slowdown.

SoFi (SOFI -3.29%) was one of the best-performing stocks of the financial sector in 2024, with shares rising 55% for the year. And it continued to rise for the first several weeks of 2025.

SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), has announced a multi-year partnership as the official bank and first presenting sponsor of the Country Music Association's CMA Fest, the world's largest and longest-running country music festival. This marks SoFi's first music partnership, embracing the genre's surging popularity.1 CMA Fest presented by SoFi will celebrate...

We initially rated SoFi Technologies a 'Strong Buy' in August due to its strong offerings, member growth, and attractive valuation. The stock surged over 175% at its peak, but recently dropped 40% due to market-wide sell-offs triggered by Trump tariff fears. Despite the drawdown, we remain very bullish on SOFI, based on the company's continued growth and long-term bottom-line prospects.

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SoFi Technologies NASDAQ: SOFI, a digital financial services provider, has recently experienced notable stock price fluctuations. While the stock has been volatile, it seems to have found a bottom and has started to recover slowly.

SoFi Technologies stock has seen a correction of 30% since the recent earnings in which it was able to beat the estimates. The correction seems to be overdone as the fundamental numbers of the company are quite strong with 34% YoY growth in members and 26% YoY growth in adjusted revenue. The company is moving away from lending products, which can be seen by the higher mix of financial services ...

SoFi Technologies investors were reminded of why investing in SOFI isn't for the faint-hearted, as they endured a 40% plunge from recent highs. SoFI investors need to navigate economic uncertainties, while seeking to benefit from the deregulatory agenda of the Trump administration. Despite that, SOFI's previous earnings multiples showed why overstating the bullish case isn't astute.