SOFI Stock Recent News

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.

SoFi's (SOFI -0.64%) CEO, Anthony Noto, said on the company's first-quarter 2025 conference call that the company will invest heavily in crypto and the blockchain over the next few years. Is SoFi becoming a crypto company?

Investing in the fast-growing financial technology (fintech) space can feel a little uncertain right now. The market is crowded with a wide range of companies, from tech-focused start-ups to large banks.

SOFI consistently beats estimates and raises guidance, but the market values it like a bank due to its revenue mix from lending and financial services. SOFI's growth is impressive, with a 32.8% YoY revenue increase and 34.24% YoY member growth, but its technology segment underperforms expectations. SOFI's valuation is stretched for a financial institution; it needs to significantly grow its technology revenue to be valued as a tech company.

SoFi Technologies Inc. (NASDAQ: SOFI) not only crushed earnings and raised its guidance, but it revealed plans for a major push into crypto.

SoFi (SOFI 2.08%) recently reported its first-quarter earnings, and to say the numbers are impressive would be an understatement. In this video, I'll discuss the results, what could take the bank to the next level, and what I'm watching.

NEW YORK--(BUSINESS WIRE)-- #401k--SoFi and Capitalize Expand Long-Standing Partnership To Simplify 401(k) Transfers.

SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced that it will participate in an upcoming investor conference. SoFi's CEO, Anthony Noto, will participate in a moderated fireside chat discussion at the JP Morgan Global Technology, Media and Communications Conference. Full session details for the conference appearance are as f.

The market has been incredibly resilient during the past month, climbing back up from lows despite continued tariff uncertainty. It has recouped most of its 2025 losses although it's still down 5% this year.