SOFI News and Press, SoFi Technologies Inc. From 01/16/24

2024-01-16 18:40:01 ET Summary SoFi's products are mature and growing modestly, with competition in the market being strong. SoFi's rapid growth plans are risky and likely to be disappointing relative to its current valuation, as history shows. SoFi's strategy to build trust a...

2024-01-12 05:09:00 ET Shares of SoFi Technologies (NASDAQ: SOFI) started 2024 on a rough note, falling more than 16% last week after Keefe, Bruyette & Woods (KBW) analyst Mike Perito downgraded shares of the banking and fintech services company. More specifically, Perito re...

2024-01-11 14:08:59 ET Summary I initially recommended shorting SOFI at above $10, but I am now upgrading my rating to a "hold". The bear case for SOFI includes its high valuation and risks in a hard landing macro scenario. The bull case highlights a "soft landing" in the US e...

2024-01-11 07:10:00 ET 2023 wasn't a great year for bank stocks or fintech stocks , many of which underperformed the market. Financial stocks feel the impact of rising interest rates more acutely than other companies, and that sparks concern among investors. However, fintech and ban...

2024-01-10 14:38:00 ET December was a big month for consumer finance stocks. Capital One (NYSE: COF) rose 17.4%, Ally Financial (NYSE: ALLY) rose 19.5% and SoFi (NASDAQ: SOFI) charged 36.5% higher during the month, according to data provided by S&P Global Marke...

2024-01-10 11:30:00 ET In this video, I will talk about SoFi Technologies (NASDAQ: SOFI) , the recent layoff reports, why this might have happened, and how it might affect the business. *Stock prices used were from the trading day of Jan. 9, 2024. The video was published on Ja...

2024-01-10 09:12:56 ET More on Goldman Sachs, Citigroup, etc. Goldman Sachs Preferred D Vs. K: Does Coupon Floor D Have The Better Strategy? Household Financial Distress Is Rising - Short Ally Financial Citigroup: What To Expect In 2024 And 2 Key Catalysts Sy...

2024-01-09 08:26:07 ET SoFi Technologies (NASDAQ: SOFI) stock gained 116% in 2023 according to data provided by S&P Global Market Intelligence . It demonstrated high growth, improving profitability, and overall resilience in the face of a pressured economy. SoFi operates...

2024-01-09 06:11:00 ET The stock market had an excellent year in 2023, but there are still some excellent long-term opportunities available. That's especially true in the financial technology, or fintech, industry. If you have a few thousand dollars to invest, here are two fintech stock...

SoFi Wins 2 Banking and 1 Lending Awards, Highlighting Continued Commitment to Offering a Suite of Best-In-Class Products to Make SoFi Consumers’ One Stop Financial Shop Today, SoFi (NASDAQ: SOFI), the digital personal finance company, received three 2024 Best-Of Awards from Nerd...