SoFi Technologies
SOFI

$7.01

3.44%

Market Cap: $7.47B

About: SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.

Employees: 4,400

Financials Finance Services

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

58% more repeat investments, than reductions

Existing positions increased: 238 | Existing positions reduced: 151

8% more call options, than puts

Call options by funds: $412M | Put options by funds: $382M

0% more funds holding in top 10

Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]

2% less funds holding

Funds holding: 585 [Q1] → 573 (-12) [Q2]

2.79% less ownership

Funds ownership: 45.27% [Q1] → 42.48% (-2.79%) [Q2]

8% less capital invested

Capital invested by funds: $3.23B [Q1] → $2.97B (-$257M) [Q2]

13% less first-time investments, than exits

New positions opened: 78 | Existing positions closed: 90

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$7

0%

upside

Avg. target

$9

28%

upside

High target

$10

43%

upside

5 analyst ratings

3 positive

60%

2 neutral

40%

0 negative

0%

Needham Kyle Peterson 49% 1-year accuracy 26 / 53 met price target	43%upside $10	Buy Reiterated	5 Aug 2024
Needham Kyle Peterson 49% 1-year accuracy 26 / 53 met price target	43%upside $10	Buy Reiterated	31 Jul 2024
Barclays Terry Ma 46% 1-year accuracy 6 / 13 met price target	14%upside $8	Equal-Weight Maintained	9 Jul 2024
Keefe, Bruyette & Woods Timothy Switzer 82% 1-year accuracy 9 / 11 met price target	0%downside $7	Market Perform Maintained	9 Jul 2024
Needham Kyle Peterson 49% 1-year accuracy 26 / 53 met price target	43%upside $10	Buy Reiterated	2 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 41 articles about SOFI published over the past 30 days

24/7 Wall Street

Prediction: These 3 Stocks Pop After Fed Rate Cuts

A majority of economists now expect the U.S.

Prediction: These 3 Stocks Pop After Fed Rate Cuts

SoFi Technologies Stock Is Up 15% Over The Past Month: What's Going On?

SoFi Technologies Inc SOFI shares are trading flat Thursday at $7.53 and higher by some 15% over the trailing month amid anticipation of key economic data.

SoFi Technologies Stock Is Up 15% Over The Past Month: What's Going On?

The Motley Fool

Why SoFi Stock Is on Fire

SoFi's student loan business got some great news.

Why SoFi Stock Is on Fire

CNBC Television

SoFi CEO: Consumer activity and sentiment are 'trending okay'

Anthony Noto, SoFi CEO, joins 'Money Movers' to discuss the current state of the consumer, red flags from the consumer, and how Americans feel about their retirement accounts.

SoFi CEO: Consumer activity and sentiment are 'trending okay'

3 Bargain-Priced Growth Stocks for Fall 2024

While market volatility may initially unsettle investors, it presents an opportunity to capitalize on discounted investment prospects. While the current bull market has favored some sectors, it hasn't been universally beneficial, leaving a trail of high-quality growth stocks facing significant price declines.

3 Bargain-Priced Growth Stocks for Fall 2024

Zacks Investment Research

Finding Top Cheap Stocks Under $10 to Buy in September

How to buy cheap, highly-ranked stocks that trade for $10 a share or less in September and beyond.

Finding Top Cheap Stocks Under $10 to Buy in September

SoFi Technologies: Expanding Cross-Selling Potential As Growth Catalyst

SoFi Technologies' stock is rated a "Strong Buy" due to its exceptional growth, solid bottom-line performance, and substantial undervaluation. Recent quarterly earnings surpassed expectations, with revenue growing 22.1% YoY and adjusted EPS improving from -$0.06 to $0.01. SOFI's cross-selling potential and innovation in financial services are key drivers for sustainable shareholder value and long-term growth.

SoFi Technologies: Expanding Cross-Selling Potential As Growth Catalyst

SoFi: Breakout Imminent, Its Reversal Is Near

SOFI has generated robust dual growth as an online bank and fintech, as observed in the double beat FQ2'24 performance and raised FY2024 guidance. Much of the tailwinds are attributed to the management's growing Financial Services/ Technology Platform segments, with it "on track to finish 2024 with a revenue mix near 50:50." These developments highlight SOFI's ability to generate growth as a well-diversified fintech platform, with the growing cross selling resulting in the much improved productivity loop.

SoFi: Breakout Imminent, Its Reversal Is Near

Investors may be undervaluing SoFi stock: Here's why it could climb 70%

Investors might be overlooking SoFi Technologies Inc. (NASDAQ: SOFI) by evaluating it alongside traditional banks rather than recognizing its potential as a high-growth fintech company, according to an investor known as “On the Pulse.

Investors may be undervaluing SoFi stock: Here's why it could climb 70%

The Motley Fool

SoFi Stock Analysis: An Inside Look at Critical Company Information

SoFi Stock investors are encouraged by the company's growth in non-lending revenue.

SoFi Stock Analysis: An Inside Look at Critical Company Information

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