SOFI Stock Recent News

In this video, I will talk about the recent updates regarding SoFi Technologies (SOFI 2.62%). Watch the short video to learn more, consider subscribing, and click the special offer link below.

SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI) has teamed up with five-time GRAMMY® Award nominated, multiple ACM and CMA Award winning, multiplatinum songwriter, producer, and author Kelsea Ballerini and tnAchieves, a nationally recognized nonprofit dedicated to college access and success, to launch the Rising Stars Program. This $2 million initiative is aimed at helping the next generation of Tennessee students achieve financial independence. SoFi will provide tnAchiev.

SoFi Technologies Inc.'s (NASDAQ: SOFI) chief executive officer just said at a conference that the company has targeted 30% member growth and 20% revenue growth.

In light of the recent drop in SOFI shares, we assess the stock's current standing to decide the best course of action going forward.

NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- SoFi, a leading provider of thematic and income ETFs, today announced monthly distributions on the SoFi Enhanced Yield ETF (THTA). Distribution as of 05/14/2025 ETF Ticker Distribution per Share Distribution Rate * 30-Day SEC Yield** Ex-Date Record Date Payment Date THTA $0.1505 12.00% 3.96% 05/14/2025 05/15/2025 05/16/2025 Inception date: 11/15/2023 Click here to view standardized performance for THTA.

SoFi stock price has rallied in the past few weeks, mirroring the performance of other American equities. After bottoming at $8.62 in April, it has rebounded by 62% to $14, giving it a valuation of over $14 billion.

SoFi Technologies, Inc. (NASDAQ:SOFI ) Annual JPMorgan Global Technology, Media and Communications Conference May 14, 2025 1:40 PM ET Company Participants Anthony Noto - CEO Conference Call Participants Reggie Smith - JPMorgan Reggie Smith Good afternoon, my name is Reggie Smith. I Head Fintech Research here at JPMorgan, and I'm happy to sit with and talk with Anthony Noto, CEO of SoFi.

KEY POINTS United Fidelity Bank is offering a 6-month CD with a 4.55% APY.CD rates are already dropping at several banks, making now the time to lock in a CD.Find the CD rate and term length that makes the most sense for you. If you're looking to lock in a high APY on a certificate of deposit (CD), now may be the time.After years of high rates, a number of banks have quietly reduced their CD yields over the last few weeks. That's because the Federal Reserve is expected to lower interest rates later this year -- possibly as soon as June. That means you should lock in a CD sooner rather than later if you're interested.Right now, United Fidelity Bank is offering the highest return that we've found -- a 6-month CD that pays 4.55% APY. But how do you know when you've found the right CD rate and term length for you? (function(){function c(){var b=a.contentDocument||a.contentWindow.document;if(b){var d=b.createElement('script');d.innerHTML="window.__CF$cv$params={r:'93eaf5e5ce15230c',t:'MTc0N

SoFi Technologies reported impressive financials for Q1'25, doubling profit estimates and achieving a 200% YoY increase in non-GAAP profits to $0.06 per share. The fintech added 800,000 new customers, reaching 10.92 million users, and projects over 13 million users by year-end, driven by Financial Services. Financial Services segment saw 101% YoY sales growth and a 299% YoY profit increase, making it the primary growth catalyst for SoFi Technologies.

Despite recent market downturns, SoFi Technologies has shown consistent revenue growth and an increase in user base, justifying a continued 'buy' rating. The Financial Services segment saw remarkable growth, with revenue doubling year-over-year, driven by the loan platform fee model and personal loan originations. While profitability metrics have been mixed, EBITDA improved significantly, and management forecasts strong revenue and net income growth for 2025.