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SoFi CEO Says 2024 Was ‘Best Year Ever.’ Why the Stock Is Sinking After Earnings.
SoFi Technologies reported quarterly earnings and revenue above analysts’ estimates, with CEO Anthony Noto deeming 2024 the fintech’s “best year ever.”However, shares tumbled 9.8% to $16.16 in trading Monday as financial guidance from the company seemed to overshadow its quarterly results.
SoFi Technologies Stock Sinks on Soft Guidance
SoFi Technologies pointed to "macro assumptions" in giving weaker-than-expected quarterly and full-year guidance.
SoFi’s stock sinks as a downbeat outlook negates a big revenue beat
SoFi’s stock sinks as a mixed outlook overshadowed strong Q4 results that included the biggest revenue beat in about three years.
6h
SoFi Is Still The Only Bank You Want To Own
Discover whether SoFi Technologies, Inc.'s recent stock dip is a buying opportunity as we review their impressive Q4 2024 ...
decrypt
4h
SoFi CEO Details 'Aggressive' Crypto Return Under President Trump
SoFi's approach will depend on regulatory clarity stemming from President Donald Trump’s administration, according to its CEO ...
13h
on MSN
‘Best is yet to come’: why SoFi’s guidance miss isn’t as concerning as it seems
SoFi stock lost as much as 15% on Monday due to weak guidance. But CEO Anthony Noto said "best is yet to come" in the ...
12h
SoFi tumbling on weaker than expected 2025 guidance
SoFi Technologies (SOFI) shares are down by as much as 10% right ahead of Monday's market open after the fintech company ...
6h
on MSN
BofA raises SoFi stock price target to $13, retains underperform
BofA Securities analyst Mihir Bhatia increased the price target for SoFi Technologies (NASDAQ:SOFI) to $13.00 from $12.00, while maintaining an Underperform rating on the company's shares. Bhatia's ...
7h
SoFi Technologies price target raised to $13 from $12 at BofA
BofA analyst Mihir Bhatia raised the firm’s price target on SoFi Technologies (SOFI) to $13 from $12 and keeps an Underperform rating on the ...
14h
SoFi Shares Drop 15% Premarket as 2025 Outlook Disappoints Despite Q4 Beat
SoFi forecasts lower-than-expected 2025 EPS, sending shares down 15.01% to $15.23 despite Q4 profit and revenue growth ...
2d
Better Fintech Stock: SoFi Technologies vs. Nu Holdings
SoFi is projecting 2024 revenue growth of approximately 22.5% compared to 2023, an increase from its previous guidance of ...
Hosted on MSN
12h
SoFi Tech Stock Tumbles As Weak Outlook Overshadows CEO’s ‘Best Year Ever' Remarks, Q4 Beat — But Retail Shrugs It Off
Shares of SoFi Technologies Inc (SOFI) traded lower by over 8% in Monday’s pre-market session as a weaker-than-expected ...
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