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SoFi Q4: Proving All The Naysayers Wrong
Seeking Alpha· 2024-02-02 15:29
GOCMEN Shares of SoFi (NASDAQ:SOFI) soared more than 20% after the digital personal finance company submitted its earnings sheet for the fourth-quarter on Monday that showed both a significant EPS and top line beat. SoFi surrender 15 percentage points of the upsurge on Tuesday and Wednesday, however. The most notable take-aways from SoFi’s fourth-quarter earnings report were that the company’s revenue growth momentum accelerated and that the short term EPS outlook for SoFi is extremely favorable. The co ...
SoFi's Flawless Execution Set To Eliminate The Bears
Seeking Alpha· 2024-02-02 11:39
Kevin Dietsch/Getty Images News Introduction SoFi (NASDAQ:SOFI) ended 2023 with a huge bang, producing Q4 financial results that surpassed all expectations. Even the bears were surprised. Growth accelerated, profitability skyrocketed, and management provided their outlook for the next three years — solidifying SoFi's path of becoming a top 10 bank. Our 2023 results have reinforced my conviction in our long-term potential and our ability to achieve our aspiration to become a top 10 financial instituti ...
UBS Just Raised Its Price Target on SOFI Stock
InvestorPlace· 2024-02-02 03:47
SoFi (NASDAQ:SOFI) stock is now down by about 16% compared to the closing price on Jan. 29, the day that the company reported its fourth-quarter earnings, effectively wiping out all of its earnings gains. However, UBS analyst Tim Chiodo raised his price target to $8 from $7 this morning while maintaining a “neutral” rating, implying an upside of just below 4% from current prices. UBS first initiated coverage of SoFi in October with a $7 price target and a “neutral” rating.On TipRanks, Chiodo is ranked at #2 ...
Wall Street sets SoFi stock price for next 12 months
Finbold· 2024-02-01 19:54
SoFi Technologies投资分析 - Jim Cramer推荐投资SoFi Technologies,但股价自1月1日以来下跌18.86%[1] - SoFi最近首次实现季度盈利,引发股价短暂上涨[2] - 分析师对SoFi的前景看法分歧,有四位建议买入,四位建议卖出,大多数建议持有[3] - SoFi的12个月价格目标差异较大,最高目标看涨91.57%,最低目标看跌61.69%,平均目标为$9.22[4] - SoFi的贷款组合,特别是无抵押贷款,引发了一些担忧,可能是股价下跌和一些悲观12个月预测的部分原因[6] - 技术分析指标显示SoFi股票的卖出信号明显,短期内甚至有更多警示信号[8]
Morgan Stanley Just Issued a Warning on SOFI Stock
InvestorPlace· 2024-02-01 01:16
SoFi (NASDAQ:SOFI) reported its earnings this week, sending its shares higher by more than 20%. However, most of those gains have now been erased.This morning, Morgan Stanley analyst Jeffrey Adelson lowered his price target to $6.50 from $7 while lowering the rating to “underweight” from “equal weight.” In October, Adelson upgraded SOFI stock to “equal weight” from “underweight.” This was because SoFi had announced a $2 billion forward flow agreement while its share price had come down to Adelson’s price ta ...
The Biggest Reason SoFi Stock Surged 20% May Surprise You
The Motley Fool· 2024-01-31 16:46
股价表现 - SoFi Technologies(SOFI)发布了出色的季度业绩,股价因此上涨[1] - 股价在一天内上涨了20%,有两个主要原因[1] - 其中一个原因可能来自一个意想不到的来源[1]
Deutsche Just Raised Its Price Target on SOFI Stock
InvestorPlace· 2024-01-31 02:29
SoFi (NASDAQ:SOFI) stock is in the red today despite the company reporting excellent fourth-quarter earnings yesterday and receiving an upgrade from Deutsche Bank analyst Mark DeVries. DeVries raised his price target to $12 from $11 while maintaining a “hold” rating. DeVries is a highly ranked analyst on TipRanks. Among the 8,695 Wall Street analysts tracked by the site, DeVries come in at 149. He carries a success rate of 63% and an average one-year return of 16%.SOFI carries an average price target of $9. ...
Massive News for SoFi Stock Investors
The Motley Fool· 2024-01-30 21:46
Parkev Tatevosian, CFA - Parkev Tatevosian在所提及的股票中没有任何持仓[1] - Parkev Tatevosian是The Motley Fool的关联方,可能会因为推广其服务而获得报酬[2]
SoFi Just Had a Blowout Quarter -- Here's What Could Happen Over the Next Few Years
The Motley Fool· 2024-01-30 19:17
财报表现 - SoFi刚刚公布的第四季度财报远超大多数专家的预测[1] 投资者关注点 - 该视频讨论了投资者应该了解的数字,以及它们的重要性[1] 增长故事 - 我们对这家银行的增长故事继续保持兴奋[1]
Why SoFi Stock Skyrocketed Today
The Motley Fool· 2024-01-30 07:38
Shares of SoFi Technologies (SOFI 20.21%) rallied 20.2% Monday after the banking and financial technology (fintech) stock handily beat expectations with its fourth-quarter 2023 report.SoFi delivers its first-ever GAAP profitSoFi's Q4 adjusted (non-GAAP) revenue grew 35% year over year, to $594 million, translating to adjusted earnings of $0.04 per share. SoFi also achieved its first-ever quarter with positive consolidated generally accepted accounting principles (GAAP) net income of $48 million or $0.02 per ...