SOFI Stock Recent News
SOFI LATEST HEADLINES
Investors have been bailing on SoFi Technologies Inc (NASDAQ: SOFI) this year amidst concerns the Trump tariffs could prove to be a meaningful headwind for the fintech industry.
The markets went wild last week after new economic policies were announced that could hurt near-term performance for many companies. The S&P 500 fell, and it's now in negative territory for the year, down nearly 5%.
The Nasdaq stock market has officially entered correction territory, with the Nasdaq Composite (^IXIC -4.00%) down by about 14% from its recent high as I write this. While the recent volatility can certainly be scary, it can also create buying opportunities for patient long-term investors.
The stock market was down big on Monday. As of 3:10 p.m.
Since it went public a few years ago, SoFi Technologies (SOFI 1.12%) has taken its investors on a volatile ride. That pattern continued over the past 12 months.
There's no denying it: Amazon (AMZN -0.72%) has been one of the market's most rewarding stocks of the modern era, gaining more than 270,000% since its initial public offering in 1997.
I maintain a "Buy" rating on SoFi Technologies, Inc. (SOFI) due to its strong growth prospects and undervaluation despite recent market pressures. SOFI's Q4 2024 results showed a 34% YoY increase in members and a 26% YoY rise in adjusted net revenue, beating consensus expectations. The firm's diversification into fee-based revenue streams and strong EBITDA margins support its long-term growth potential, even amid macroeconomic uncertainties.
Shares of SoFi Technologies Inc. (NASDAQ: SOFI) fell 7.3% on Thursday, continuing the past week's downward trend and dragging down the stock's one-month performance to −15.9%.
In this video, I will go over the recent updates regarding SoFi Technologies (SOFI -7.30%). Watch the short video to learn more, consider subscribing, and click the special offer link below.
SoFi Technologies (SOFI -0.88%) is working to decrease the riskiness of the business, which would be great news for investors.