Why is Sofi so successful?
SoFi has managed to rapidly launch an impressive array of products and services, and the company remains the only firm offering a digital full-service model. SoFi has enjoyed rapid growth driven by the introduction of new products and broader adoption of digital banking.
Is Sofi stock overweight or underweight?
He is not the only one who thinks so. Analyst Kevin Barker of Piper Sandler boosted SOFI stock to overweight from neutral. He believes markets are underestimating the earnings potential for this stock, which makes it an attractive option for those who are planning to invest.
Do analysts agree on SoFi technologies'(Sofi) stock's price target?
According to analysts' consensus price target of $26.33, SoFi Technologies has a forecasted upside of 48.4% from its current price of $17.75. SoFi Technologies has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. SoFi Technologies has received 15 “outperform” votes.
Where can I buy shares of Sofi?
Shares of SOFI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
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Is SoFi Technologies a buy right now?
12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SoFi Technologies in the last year. There are currently 5 hold r...
When is SoFi Technologies' next earnings date?
SoFi Technologies is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022. View our earnings forecast for S...
How were SoFi Technologies' earnings last quarter?
SoFi Technologies, Inc. (NASDAQ:SOFI) released its quarterly earnings data on Tuesday, May, 10th. The company reported ($0.14) earnings per share f...
What guidance has SoFi Technologies issued on next quarter's earnings?
SoFi Technologies updated its second quarter 2022 earnings guidance on Tuesday, May, 24th. The company provided EPS guidance of for the period. The...
What price target have analysts set for SOFI?
12 brokers have issued 1-year price targets for SoFi Technologies' shares. Their forecasts range from $7.00 to $26.00. On average, they expect SoFi...
Who are SoFi Technologies' key executives?
SoFi Technologies' management team includes the following people: Mr. George Thompson Hutton , Independent Non Exec. Chairman (Age 66, Pay $82.5...
Who are some of SoFi Technologies' key competitors?
Some companies that are related to SoFi Technologies include Synchrony Financial (SYF) , Coinbase Global (COIN) , Lufax (LU) , Hargreaves Lansd...
What is SoFi Technologies' stock symbol?
SoFi Technologies trades on the NASDAQ under the ticker symbol "SOFI."
Who are SoFi Technologies' major shareholders?
SoFi Technologies' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6....
About SoFi Technologies
SoFi Technologies (NASDAQ:SOFI) Frequently Asked Questions
SoFi Technologies, Inc. provides digital financial services. The company operates through three reportable segments: Lending, Financial Services, and Technology Platform. Its financial services allow its members to borrow, save, spend, invest, and protect their money.
When did SOFI start?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SoFi Technologies in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock.
When is SOFI conference call 2021?
This Is What You Need to Know. At long last, on June 1, 2021, fintech stock SoFi Technologies (SOFI) made its debut on the Nasdaq as an independent company following its SPAC merger with blank check company Social Capital Hedosophia.
What does SoFi do?
SAN FRANCISCO, July 14, 2021--SoFi (NASDAQ: SOFI), a leading next-generation financial services platform, today announced plans to host a conference call to discuss financial and operating results for the second quarter 2021 on Thursday, August 12, 2021, at 5 p.m. Eastern Time.
How does SoFi work?
Founded by James Finnigan and Ian Brady in 2011 with headquarters in San Francisco, SoFi currently has more than 1,500 employees working out of ten offices across the United States.
How SoFi makes money
SoFi, or Social Finance, is a leading fintech offering students various services and financial products. The company provides five products, namely,
Future growth engine
SoFi makes money from peer-to-peer loans, securities lent to other financial institutions, insurance policies, and processing fees for debit and credit cards they issue.
Competitors
SoFi launched its IPO back in January of 2021, going public through a SPAC (Special Acquisitions Company) with Social Capital.
