SOFI Stock Recent News

SoFi Technologies (SOFI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Shares of SoFi Technologies (NASDAQ: SOFI) have struggled so far this week, falling -9.47% since Monday after announcing strong Q4 earnings but tempered forward guidance.

SoFi's (SOFI 2.81%) management team delivered huge news for shareholders in the latest quarterly earnings update.

SoFi (SOFI 2.81%) delivered better-than-expected results in its lending segment in 2024.

SoFi's stock surged 55% in 2024, driven by Fed rate cuts and optimism about avoiding a recession, outperforming the S&P 500 significantly. The company's loan business is poised for growth in 2025, with strong demand from credit buyers and a favorable interest rate environment. SoFi's diversified loan offerings, including personal, student, and home loans, present significant revenue opportunities, especially as interest rates decline.

Given the continuous surge in SOFI shares, we evaluate the stock's current position to determine how to play it now.

SoFi's (SOFI 0.56%) management team made comments that sent the stock price down by more than 10% on the day of its earnings release.

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.

SoFi Technologies reported strong Q4 metrics, beating guidance, but lower-than-anticipated 2025 profitability pushed the stock lower post earnings. Despite the premium valuation, investors should consider adding at current levels, as the stock's strong financial profile and competitive advantage remain compelling. The company's 2025 guidance appears conservative, potentially setting the stage for beating expectations, much like in 2024.

Issued a buy rating on SoFi Technologies, Inc. in spring 2024; shares have more than doubled. SoFi's Q4 results showed record revenue of $739 million, strong EBITDA growth, and impressive member and product additions, despite rising operational expenses. The stock is richly valued, with tangible book value per share at $4.47, but continues to show growth in loans, deposits, and financial services.