SoFi Technologies: Soaring Above The Bearish Clouds - Seeking …

Nov 3, 2024 · SoFi Technologies shows strong growth potential with a 29% upside, supported by impressive Q3 performance and strategic innovation. The company benefits from a rapidly …

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SoFi Technologies: Soaring Above The Bearish Clouds - Seeking …

3 weeks from now

Nov 3, 2024 · SoFi Technologies shows strong growth potential with a 29% upside, supported by impressive Q3 performance and strategic innovation. The company benefits from a rapidly …

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SoFi Technologies: The Ride Higher Isn't Over Yet - Seeking Alpha

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Nov 23, 2024 · Summary. SoFi Technologies' shares have surged 100.8% since August, outperforming the S&P 500's 6.1% increase. Management has revised 2024 guidance higher, …

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SoFi: Wait For The Bubble To Burst First - Seeking Alpha

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Jan 14, 2025 · Citi raised the firm’s price target on SoFi Technologies (SOFI) to $18 from $12.50 and keeps a Buy rating on the shares as part of a 2025 preview for the financial technology …

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SoFi's Bullish Run Far From Over - Seeking Alpha

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Dec 13, 2024 · Technically, SOFI Stock May End Up Above $18.40 In 2024 SOFI at the current price of $15.90 holds an average price target of $18.4 that aligns with the 2.118 3-point …

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FAQs about SoFi Technologies: Soaring Above The Bearish Clouds - Seeking … Coupon?

What happened to SoFi technologies (Sofi) stock?

Shares of the member-centric consumer bank SoFi Technologies(NASDAQ: SOFI) have been soaring. The stock shot up by 148% during the five months between June 30 and Dec. 1, 2024. SoFi stock defied gravity for months but started falling recently. ...

Is Sofi Technologies a good stock to buy?

SoFi Technologies' shares have surged 100.8% since August, outperforming the S&P 500's 6.1% increase. Management has revised 2024 guidance higher, and despite a higher valuation, shares remain attractively priced compared to similar enterprises, indicating further upside potential. ...

Does Sofi's tech platform have a growing profitability base?

SoFi's tech platform has a growing profitability base against OpEx and infrastructure scaling. Overall, the growth in Galileo Accounts and revenue points that the tech platform is expanding its user base and deriving higher monetary returns/accounts over time. ...

Does Sofi have a growing tech platform?

One of SoFi's direct fundamental growth points is its growing tech platform (Galileo Accounts). The number of accounts has expanded constantly from 109.7 million in Q1'22 to 160.2 million in Q3'24 with a 46% growth over this period. ...

How does Sofi's tech platform perform in 2024?

Annually, the tech platform accounts hold a consolidated growth of 61% on a trailing twelve months (TTM) basis for 2024, against 99.661 million in 2021. This indicates a substantial increase in adoption and utilization of SoFi's tech platform over the midterm. Financially, net revenue generated through the tech platform also mirrors this trend. ...

Is Sofi technologies (Sofi) overvalued?

Front and center of my bear case is SoFi Technologies’ sky-high valuation. The company’s price-to-earnings (P/E) ratios are alarmingly high compared to sector medians, indicating potentially overvalued conditions. Currently, SoFi’s non-GAAP P/E (TTM) ratio of 114.4x is 733.4% higher than the sector median of 13.7x. ...