Why SoFi Technologies Stock Crashed 12.5% After Earnings

Oct 29, 2024  · SoFi Technologies (NASDAQ: SOFI) stock tumbled 12.5% through 9:45 a.m. ET Tuesday despite beating on top and bottom lines in its earnings ... and delinquencies on …


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Why SoFi Technologies Stock Crashed 12.5% After Earnings

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Oct 29, 2024  · SoFi Technologies (NASDAQ: SOFI) stock tumbled 12.5% through 9:45 a.m. ET Tuesday despite beating on top and bottom lines in its earnings ... and delinquencies on …

yahoo.com

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SoFi CEO Says 2024 Was ‘Best Year Ever.’ Why The Stock Is ... - MSN

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Affirm fell 2.1%, PayPal gained 0.8%, and Block was down 3.6%. ... SoFi forecast adjusted net revenue between $725 million and $745 million and earnings of 3 cents per share, while Wall …

msn.com

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SoFi Stock Sinks Despite Upbeat Outlook. Should ... - The Motley …

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Nov 2, 2024  · SoFi Technologies (SOFI-2.49%) shares were falling following its third-quarter results despite the financial-service company posting strong results and issuing upbeat …

fool.com

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Why SoFi Stock Tumbled By Over 8% On Thursday - Nasdaq

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Jan 3, 2025  · The stock market had a fairly gloomy start to the new year on Thursday, but SoFi Technologies (NASDAQ: SOFI) shares really took a hit. The fintech plummeted by more than …

nasdaq.com

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SOFI Stock Falls 11% Despite Record 2024 Revenues - MarketBeat

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5 days ago  · SoFi Technologies Inc. NASDAQ: SOFI stock is down over 11% in mid-day trading after it delivered weaker-than-expected forward guidance in its fourth-quarter earnings report. …

marketbeat.com

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Here’s Why SoFi’s Stock Just Logged Its Worst Day On Record

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Mar 5, 2024  · SoFi Technologies Inc. shares often take big swings after earnings, so it’s notable that Tuesday’s historic decline didn’t come in the wake of financial results. Rather, the 15.3% …

marketwatch.com

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SoFi Stock Falls After BofA Downgrade Over Valuation ... - Benzinga

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Dec 10, 2024  · Despite falling nearly 3% on Monday and further in after-hours to $15.56 a piece, SoFi's stock is above its 20, 50, and 200-day simple moving averages, suggesting a largely …

benzinga.com

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What's Happening With SOFI Stock? - Forbes

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3 days ago  · Despite its recent fall, SOFI stock seems to be fully valued. At its current levels of $16, SOFI is trading at 6.6x trailing revenues, higher than the stock’s average P/S ratio of 5.2x …

forbes.com

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SoFi Just Had Its "Best Year Ever": Here's Why The Stock Is …

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5 days ago  · Fintech leader SoFi (SOFI-4.01%) plunged on Monday morning, despite reporting better-than-expected earnings for the fourth quarter. As of 10 a.m. ET, SoFi's stock was down …

fool.com

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SoFi Shares Drop 15% Premarket As 2025 Outlook Disappoints …

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5 days ago  · SoFi Technologies (NASDAQ:SOFI) shares fell 15.01% in premarket trading Monday, dropping $2.69 to $15.23 as of 08:20:03 ET, after the company's Q1 and 2025 …

yahoo.com

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Analysts Revise SoFi Stock Price Targets - Finbold

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4 days ago  · SoFi five-day stock price. Source: Google Finance. Despite the recent pullback, the stock remains up 13% year-to-date. On a broader scale, SoFi has soared 44% in the past …

finbold.com

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BofA Raises SoFi Stock Price Target To $13, Retains Underperform

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4 days ago  · Bhatia's commentary highlighted SoFi's consistent record of exceeding expectations, which had set a high bar for the fourth quarter results. Despite SoFi's shares outperforming the …

investing.com

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Why SoFi Stock Can Rise Another 60% After Blowout Q4 Results

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Jan 29, 2024  · In March 2023, I argued that SoFi’s fair value fell somewhere between $10-$15, a 150% upside at the time. Its new $12-$17 range now prices SoFi in the 2.6x book value range, …

businessinsider.com

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What's Next For SOFI Stock? - Nasdaq

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2 days ago  · Despite its recent fall, SOFI stock seems to be fully valued. At its current levels of $16, SOFI is trading at 6.6x trailing revenues, higher than the stock’s average P/S ratio of 5.2x …

nasdaq.com

FAQs about Why SoFi Technologies Stock Crashed 12.5% After Earnings Coupon?

What happened to SoFi technologies (Sofi)?

SoFi Technologies (NASDAQ: SOFI), a digital financial company that offers a range of products and services, including banking, lending, investing, and insurance, saw its stock plunge 10% on January 27, after the company announced its Q4 results. The results were actually above the street estimates, but the outlook fell short of expectations. ...

Why did Sofi technologies (Sofi) stock drop 10% on Tuesday?

Shares of SoFi Technologies (SOFI -6.43%) tanked on Tuesday in response to what appeared to be an outstanding third-quarter report. The bank stock had risen sharply in recent weeks only to sink more than 10% on Tuesday morning after investors got a good look at its latest report. ...

How did Sofi technologies perform in 2024?

SoFi Technologies reported quarterly earnings and revenue above analysts’ estimates, and CEO Anthony Noto described 2024 as the fintech’s “best year ever.” However, shares tumbled 11% to $15.98 on Monday as financial guidance from the company seemed to overshadow the results. Other fintech stocks also traded mostly lower. ...

Why were Sofi shares under pressure in Tuesday's session?

SoFi shares were under pressure in Tuesday’s session. SoFi Technologies Inc. shares often take big swings after earnings, so it’s notable that Tuesday’s historic decline didn’t come in the wake of financial results. ...

Is Sofi stock worth it?

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. SoFi stock costs a lot... and may be worth it. ...

What will Sofi do with its net proceeds?

It will use the balance of its net proceeds to pay fees related to the offering, redeem its 12.5% Series 1 preferred stock and handle other general corporate matters. Those may include repaying higher-cost debt. Switzer is keeping his underperform rating and $6.50 target price on SoFi’s stock. ...

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