Latest news with #SOFI
Yahoo
5 days ago
- Business
- Yahoo
SoFi Technologies, Inc. (SOFI) Stock Falls Amid Market Uptick: What Investors Need to Know
In the latest trading session, SoFi Technologies, Inc. (SOFI) closed at $13.46, marking a -1.46% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.01%. Elsewhere, the Dow lost 0.22%, while the tech-heavy Nasdaq added 0.32%. Heading into today, shares of the company had gained 7.31% over the past month, outpacing the Finance sector's gain of 3.54% and the S&P 500's gain of 5.2% in that time. Investors will be eagerly watching for the performance of SoFi Technologies, Inc. in its upcoming earnings disclosure. The company is expected to report EPS of $0.06, up 500% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $795.72 million, indicating a 33.29% upward movement from the same quarter last year. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.27 per share and revenue of $3.27 billion, which would represent changes of +80% and +25.41%, respectively, from the prior year. It's also important for investors to be aware of any recent modifications to analyst estimates for SoFi Technologies, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.81% lower within the past month. SoFi Technologies, Inc. currently has a Zacks Rank of #3 (Hold). Looking at its valuation, SoFi Technologies, Inc. is holding a Forward P/E ratio of 49.96. For comparison, its industry has an average Forward P/E of 10.36, which means SoFi Technologies, Inc. is trading at a premium to the group. We can also see that SOFI currently has a PEG ratio of 1.87. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. SOFI's industry had an average PEG ratio of 0.94 as of yesterday's close. The Financial - Miscellaneous Services industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 138, which puts it in the bottom 44% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SoFi Technologies, Inc. (SOFI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
6 days ago
- Business
- Yahoo
Rare Sequence Triggers Bullish Option on SoFi Technologies Stock (SOFI)
From an investment standpoint, SoFi Technologies (SOFI) presents a nuanced and somewhat challenging narrative. Wall Street remains divided on the stock's outlook, contributing to uncertainty around its trajectory. For instance, while Bank of America acknowledges ongoing momentum in SoFi's core business, it maintains a Sell rating. In contrast, analysts at DBS have reaffirmed a Buy rating, citing the company's strong first-quarter performance as a key factor. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Overall, expectations for SOFI stock indicate modest growth, making it a challenging name for some investors to fully embrace. However, from an options trading perspective, the situation becomes more intriguing. Market breadth data, which focuses on identifying patterns of accumulation and distribution, suggests that SoFi could be positioned for a potential rebound. Year-to-date, SOFI stock has declined by nearly 14%, underperforming the S&P 500, which has gained a modest 0.5% over the same period. This relative weakness helps explain the divergence in analyst sentiment. Still, options trading emphasizes the mechanics of price movement—focusing on factors such as magnitude, velocity, and, most critically, probability—rather than the underlying business rationale alone. Given current market breadth signals, SOFI may warrant closer attention from short-term traders and speculative investors in the weeks ahead. One of the most important concepts to grasp in trading is that the equities market functions as a series of dependent events. In essence, future price movements are influenced by what has occurred previously. This includes prior price patterns, volume dynamics, fundamental developments, investor positioning, sentiment cycles, and numerous other interconnected factors. Ultimately, each new event in the market is shaped by a chain of preceding events, not only from a statistical standpoint but also through behavioral influences. Therefore, it's crucial for traders to avoid viewing the market as if each setup begins with a clean slate, akin to a freshly shuffled deck. In reality, the market is continuously evolving, shaped by all publicly available information and catalysts up to that moment. Each trade setup is part of an ongoing sequence, not an isolated event. For traders seeking a true edge, it's unlikely to be found in generic content from mainstream financial publications. Much of that material consists of recycled opinions that offer little in the way of actionable insight. Instead, the real advantage lies in closely analyzing market behavior—what might be called 'counting the market's cards'—and identifying the prevailing sentiment regime. Over the past two months, SOFI stock has exhibited a distinctive market breadth signal I refer to as the '6-4-F' sequence: six weeks of gains, followed by four weeks of losses, resulting in a flat overall trajectory over a 10-week period. This specific pattern is unprecedented, which makes direct historical analysis of its implications challenging. However, similar formations—namely the '6-4-D' sequence (net negative trajectory) and the '6-4-U' sequence (net positive trajectory)—have occurred multiple times in the past. Following the 6-4-D sequence, SOFI stock has shown a 66.67% probability of posting gains the next week, with a median return of 3.19%. For the 6-4-U sequence, the likelihood of upside the following week stands at nearly 57%, with a median return of 2.11%. Even under the more conservative scenario, these patterns suggest a statistically favorable environment for bullish trades. By comparison, the baseline probability of a profitable long position in SOFI stock in any given week is just 51.28%. Thus, the emergence of the 6-4 sequence—regardless of its net direction—tilts the odds meaningfully in favor of bullish speculators. Those seeking a conservatively aggressive wager may consider the 13/14 bull call spread expiring July 3. This transaction involves buying the $13 call and simultaneously selling the $14 call, for a net debit paid of $50. Should SOFI stock rise through the short strike price at expiration, the maximum reward is also $50, a payout of 100%. What makes this trade attractive is that it provides several weeks for SOFI to rise to $14. If the bullish implications of the 6-4 sequence pan out as projected, SOFI should reach close to $13.60 relatively quickly. From there, the bulls need to maintain control of the market. If so, $14 over the next six weeks is a reasonable target. On Wall Street, SOFI stock carries a Hold consensus rating based on six Buy, five Hold, and three Sell ratings over the past three months. SOFI's average stock price target of $14.05 implies approximately 3% upside potential over the next twelve months. So far this year, SoFi Technologies has lagged behind the broader market, highlighting significant risks from a long-term investment standpoint. However, from a trading perspective, SOFI stock may be showing signs of a potential reversal, as suggested by recent market breadth data. As a result, a stock that typically offers only marginally better-than-even odds could present a more favorable setup for bullish traders. Disclaimer & DisclosureReport an Issue Sign in to access your portfolio
Yahoo
15-05-2025
- Business
- Yahoo
Jim Cramer Thinks That SoFi Technologies Will Reach'New Highs'
Praising SoFi Technologies, Inc. (NASDAQ:SOFI), a caller inquired about it, and Cramer replied: 'Oh, I like SoFi. We've been back, you know, Anthony Noto knows we have been behind this thing the whole way, and you know what? It gets thrown back at this level, I am not concerned. I think it goes to new highs.' A professional banker shaking hands with an entrepreneur in a boardroom setting. SoFi (NASDAQ:SOFI) provides lending, banking, insurance, and investment services, which are all accessible through a single digital platform. When Cramer was asked about the company in March, he advised investors not to panic, as he commented: 'Let's not worry. Let's not worry. Okay, this is run by Anthony Noto. He is doing a super job. I know that right now, stocks are for sale. I don't want you to sell it. It can come down a little bit more. Do not panic. The company's in good hands and the stock was up a great deal not that long ago. I think you're fine. I'm not saying it can't go to $10, I am saying that Noto's money.' While we acknowledge the potential of SOFI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SOFI and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: Jim Cramer Commented on These 6 Natural Gas Players and 13 Stocks on Jim Cramer's Radar Recently Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-04-2025
- Business
- Yahoo
SoFi Technologies Inc (SOFI) Q1 2025 Earnings Call Highlights: Record Revenue and Member Growth ...
Revenue: $771 million, up 33% year-over-year. Adjusted EBITDA: $210 million, up 46% year-over-year, with a margin of 27%. Net Income: $71 million, with a margin of 9%. Earnings Per Share (EPS): $0.06. Member Growth: Added 800,000 new members, reaching 10.9 million, a 34% year-over-year increase. Product Growth: Added 1.2 million new products, totaling 15.9 million, a 35% year-over-year increase. Financial Services Revenue: $303 million, more than double from Q1 2024. Lending Segment Revenue: $412 million, up 27% year-over-year. Loan Originations: $7.2 billion, up 66% year-over-year. Fee-Based Revenue: $315 million, up 67% year-over-year. Net Interest Income: $361 million, up 35% year-over-year. Deposits: Total deposits grew to over $27 billion. Tangible Book Value: $5.1 billion, a year-over-year increase of $946 million. Guidance for 2025: Adjusted net revenue expected between $3.235 billion to $3.310 billion; adjusted EBITDA expected between $875 million to $895 million. Warning! GuruFocus has detected 5 Warning Signs with SOFI. Release Date: April 29, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. SoFi Technologies Inc (NASDAQ:SOFI) reported a 33% year-over-year increase in revenue, reaching a record $771 million for Q1 2025. The company added a record 800,000 new members, marking a 34% year-over-year growth, bringing the total to 10.9 million members. Adjusted EBITDA for the quarter was a record $210 million, up 46% year-over-year, with a margin of 27%. The Financial Services segment doubled its revenue year-over-year to over $300 million, driven by strong growth in SoFi Money and the Loan Platform Business. SoFi Technologies Inc (NASDAQ:SOFI) increased its full-year guidance for adjusted net revenue and adjusted EBITDA, reflecting confidence in continued growth. Despite strong growth, the company faces macroeconomic uncertainties and potential volatility in interest rates, which could impact future performance. The Tech Platform segment saw a slight decrease in accounts, down 6% year-over-year, which could indicate challenges in client retention or acquisition. The company is heavily reliant on fee-based revenue, which, while growing, may face pressure if market conditions change or if competition intensifies. SoFi Technologies Inc (NASDAQ:SOFI) continues to operate in a highly competitive environment, particularly in the financial services and technology sectors, which could impact margins. The company's strategy to expand into new areas such as crypto and blockchain is subject to regulatory changes, which could pose risks to execution and growth. Q: Can you envision a time where SoFi is primarily a fee-based business, and what are the implications for deposit and interest rate environments? A: Anthony Noto, CEO: We foresee an increase in fee-based revenue, currently at 41% on an annualized basis. This growth is not just from the Loan Platform Business but also from interchange, referral revenue, and other smaller businesses. We aim for fee-based revenue to exceed 50%, especially if we expand the Loan Platform Business beyond our current credit box. Additionally, the Invest business, including potential crypto offerings, will contribute to fee-based revenue. However, we still value holding loans on our balance sheet for a balanced ROE of 20% to 30%. Q: Has recent market volatility affected the Tech Platform pipeline or client decision-making? A: Anthony Noto, CEO: There has been no change in our outlook for the Tech Platform business despite recent market volatility. We continue to sign new partners, and our revenue guidance remains unchanged. We anticipate potential acceleration in 2026 as traditional financial institutions and consumer brands seek to innovate and compete more aggressively. Q: How is SoFi handling underwriting in the current macroeconomic environment with potential shocks? A: Anthony Noto, CEO: We use an early warning dashboard to monitor economic indicators and adjust credit policies accordingly. Currently, indicators do not suggest a need to change our underwriting standards. Our credit performance remains strong, and we are prepared to adjust quickly if necessary. Q: How does SoFi plan to position its student loan business if Congress caps certain programs like Grad Plus and Parent Plus? A: Anthony Noto, CEO: We are prepared to capture opportunities in the in-school student loan market if the government reduces its role. These loans offer higher WACC and ROE, often backed by co-borrowers. We would also refinance these loans post-graduation, enhancing member relationships and revenue streams. Q: What are the implications of changing Fed fund expectations on deposit costs and growth? A: Anthony Noto, CEO: We have a competitive advantage with our insured depository entity and lending products, allowing us to offer competitive APYs. We expect industry APYs to decrease, but ours will remain top-tier. We aim to grow deposits in line with loan growth, maintaining a strong competitive position. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
29-04-2025
- Business
- Yahoo
SoFi Just Crushed Earnings--And It's About to Get Even Bigger
SoFi Technologies (NASDAQ:SOFI) just lit up Q1and the numbers weren't just good. They were a statement. Revenue surged to a record $772 million, up 33% year-over-year, while adjusted EBITDA jumped 46% to $210 million. This marks the company's sixth straight profitable quarter, with net income landing at $71 million. CEO Anthony Noto called it SoFi's strongest revenue growth in over a year, powered by 800,000 new members, a rapidly scaling loan platform, and a big boost in fee-based income. The Financial Services segmentdriven by SoFi Money, Invest, and Relaymore than doubled revenue, showing the strength of the company's full-stack financial ecosystem. Warning! GuruFocus has detected 5 Warning Signs with SOFI. You don't have to look far to see the momentum. The chart says it all: consistent top-line growth, shrinking losses flipping to gains, and EBITDA turning sharply positive. In fact, Q1 was the clearest sign yet that SoFi is evolving from a high-growth fintech into a durable, cash-generating business. Net income, once a sea of red, is now a rising green bar. Meanwhile, EBITDAonce elusivehas taken a definitive turn upwards. And revenue? It's up and to the right, quarter after quarter. SoFi is no longer just growingit's scaling. And they're not slowing down. Management just raised full-year guidance across the board: adjusted revenue is now expected to hit up to $3.31 billion, adjusted EBITDA as high as $895 million, and GAAP net income could reach $330 million. Book value is rising, charge-offs are falling, and product adoption is accelerating. In short: SoFi's flywheel is workingand it's picking up speed. This article first appeared on GuruFocus. Sign in to access your portfolio
