Sofi Technologies Inc SOFI

$15.42 -0.21 (-1.34%)

Valuation

Market cap
20,187,238,000
Revenue TTM
$4,769,600,000
Net income TTM
$481,320,000
P/E (trailing)
29.58
P/E (forward)
26.58
Profit margin
10.09%
Debt to equity
0.30

Trading

Volume
38,368,102
Avg volume
50,034,770
Day's range
$15.08 – $15.75
Shares out
1,291,570,000
Stochastic %K
13%
Beta
2.25
Analysts
Moderate Buy
Price target
$20.74

Price

Company profile

SoFi Technologies, Inc. provides various financial services in the United States, Latin America, Canada, and Hong Kong. The company operates through three segments: Lending, Technology Platform, and Financial Services. It offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money; and personal loans, student loans, home loans, and related services. The...

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SoFi Technologies, Inc. provides various financial services in the United States, Latin America, Canada, and Hong Kong. The company operates through three segments: Lending, Technology Platform, and Financial Services. It offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money; and personal loans, student loans, home loans, and related services. The company also operates Galileo, a technology platform that offers services to financial and non-financial institution; and Technisys, a cloud-native digital and core banking platform that provides software licenses and associated services, including implementation and maintenance. In addition, it provides SoFi Money offers checking and savings accounts, and cash management products; SoFi Invest, a mobile-first investment platform that offers access to trading and advisory solutions, such as investing and robo-advisory; and SoFI Crypto, a new digital asset trading platform. Further, the company offers SoFi Credit Card that provides cash back rewards on every purchase; Sofi Relay, a personal finance management product that allows to track all of their financial accounts comprising credit score and spending behaviors; SoFi Protect which offers insurance product; SoFi Travel, an application that manages travel search and booking experience; SoFi At Work provides financial benefits to employees, including student loan payments made on their employees' behalf; Lantern Credit, a financial services marketplace platform for seeking alternative products and provide product comparisons; and other lending as a service that offers pre-qualified borrower referrals and offers loans to third-party partner. The company was founded in 2011 and is based in San Francisco, California.

Industry
Credit Services
Sector
Financial Services
Phone
855 456 7634
Website
https://www.sofi.com
Address
234 1st Street, San Francisco, United States

Latest news

Stocktwits

GreenbagsformallyFBoatO Nov 15, 12:07 AM
$SOFI Doing some research on SoFi’s main competition moving forward. Sofi is taking market share from legacy banks and they are trying to survive on an aged out business model. Sofi’s biggest threats are the newer competitors like Robinhood, Chime, Cash App, Revolut and NuBank. The good news is that Sofi isn’t the weakling of the bunch. Sofi has shown great growth in their existing business model and that model is expanding rapidly with new revenue streams just coming online. I’m excited about every earnings report moving forward. The growth since 2022 makes me excited about the future possibilities.
0 replies
KryptonResearch14 Nov 14, 10:39 PM
$SOFI Financial Services revenue was 525.1 million dollars in Q3 in the 10-Q segment table, up 25 percent from 419.6 million a year earlier. Contribution profit grew slower though, 261.0 million dollars against 225.6 million, so the segment contribution margin works out to about 49.7 percent against 53.8 percent last year.
0 replies
KryptonResearch14 Nov 14, 9:37 PM
$SOFI SoFi originated 16.9 billion dollars of loans in Q3 in the 10-Q, up 71 percent from a year earlier. Personal loans were 12.6 billion dollars of that, student loans 2.9 billion and home loans 1.4 billion. Nine month originations were 43.9 billion dollars, up 69 percent.
0 replies
WinWin22 Nov 14, 9:15 PM
$SOFI https://open.spotify.com/track/5mF2IIcPN9Nur4hIKBQdJ9?si=K7M4BpI3Ra6xAy0XGu_1_g&utm_source=copy-link
0 replies
NightandDayCPA Nov 14, 7:54 PM
$SOFI closed Friday at $15.42, but the member count didn't care. Quarterly adds went 905K, 1.01M, 1.06M, 1.11M, then a record 1.26M in Q3. Bigger every quarter for a year. Hard to call that stalling imo Long SoFi NFA
0 replies
Manonsf2 Nov 14, 7:06 PM
$SOFI someone sold 6% of institutional owner ship
0 replies
Str8ahed Nov 14, 6:05 PM
$SOFI Buckle up for the ride! 🎢 As long as interest rate uncertainty lingers, volatility is the name of the game. ⚡ However, once the Iran conflict is behind us, I strongly believe $SOFI is primed for an absolute BLAST OFF! 🚀🌕💸
1 replies
CLS3232 Nov 14, 5:12 PM
$SOFI I would hope this is going to be trading around 50$+ this time next year
2 replies