Date: 11 Apr 2024
Price: USD 7.56
Shares: 80
Total: USD 604.8
It has been a volatile ride, but investors will be encouraged to know that SoFi Technologies (NASDAQ: SOFI) has benefited from the market's broad rally. Shares of this banking innovator are up 64% since the start of 2023. However, this fintech stock is still 71% below its peak price. And its current ...
motleyfoolusx:sofi
SoFi Technologies (NASDAQ: SOFI) hasn't had a great year thus far. Its shares are currently down 23% in 2024 (as of April 8). That's not encouraging, particularly when the Nasdaq Composite Index is up 8%. But this fintech stock has climbed 66% since the start of 2023. And some investors might be warming ...
motleyfoolusx:sofi
The financial services industry is hyper competitive. Legacy banks such as Wells Fargo have commanding footprints in the banking realm. But like any other industry, new players eventually enter the competitive landscape. SoFi Technologies (NASDAQ: SOFI) is quietly disrupting the banking sector, and you ...
motleyfoolusx:sofi
In December 2021, Citigroup initiated coverage of the recent SPAC IPO and "social finance" company SoFi Technologies (NASDAQ: SOFI). Analyst Ashwin Shirvaikar predicted SoFi's "differentiated combination of consumer and enterprise services" and "member-centric approach" would "lead to rapid member growth ...
motleyfoolusx:sofi
SoFi Technologies (NASDAQ: SOFI) hasn't fully benefited from the favorable market environment that's seeing some stocks hit fresh records. Yes, shares soared 116% in 2023. But they still remain 71% below their all-time high. That's partly due to a significant loss so far this year. Don't be discouraged. ...
motleyfoolusx:sofi
SoFi Technologies (NASDAQ: SOFI) spooked investors last month when it announced plans to sell $750 million in convertible debt, mere weeks after reporting a blowout Q4 earnings report. Predictably, SoFi's stock price fell on news of the big offering -- down 15% in a day. But in the month since, SoFi's ...
motleyfoolusx:sofi
There's no dimmer switch on Cathie Wood. The Ark Invest co-founder and CEO is either fully illuminated or left in the dark. The same widely followed growth investor who trounced the market in 2020 and 2023 faltered badly in 2021 and 2022. She's also off to a challenging start here in 2024. She's not ...
motleyfoolusx:rokuusx:rblxusx:sofi
SoFi Technologies (NASDAQ: SOFI) has a new fan on Wall Street. Needham & Co. analyst Kyle Peterson initiated coverage of the consumer-focused digital bank on Wednesday with a buy rating. Citing SoFi's advantages over its peers in the digital lending space, Petersen gave the bank a $10 price target that ...
motleyfoolusx:sofi
In this video, Motley Fool contributor Jason Hall dives into Bank of America (NYSE: BAC) and SoFi Technologies (NASDAQ: SOFI). *Stock prices used were from the afternoon of March 19, 2024. The video was published on March 21, 2024. Continue reading
motleyfoolusx:bacusx:sofi
While the stock market is broadly enjoying strong bullish momentum right now, not every industry has been an equal participant in the rally. In particular, financial technology (fintech) stocks have been underperforming -- and many continue to trade down precipitously from highs reached within the past ...
motleyfoolusx:stneusx:sofi
Fool.com contributor Parkev Tatevosian evaluates SoFi (NASDAQ: SOFI) stock and provides a price target for the financial services company. *Stock prices used were the afternoon prices of March 17, 2024. The video was published on March 19, 2024. Continue reading
motleyfoolusx:sofi
In this video, I will cover the recent updates regarding SoFi Technologies (NASDAQ: SOFI). *Stock prices used were from the trading day of March 15, 2024. The video was published on March 17, 2024. Continue reading
motleyfoolusx:sofi
The "Magnificent Seven" stocks get a lot of attention, and for good reason. These seven stocks, which include Amazon, Alphabet, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla, have demonstrated their value over time, with incredible businesses and high stock gains. They collectively account for ...
motleyfoolusx:sofiusx:nu
When does an underperforming stock become undervalued? When talking about slumping next-generation financial services company SoFi Technologies (NASDAQ: SOFI), the answer is "now," at least according to one market professional. In fact, this prognosticator is suggesting the stock could nearly double ...
motleyfoolusx:sofi
SoFi Technologies (NASDAQ: SOFI) has benefited from a favorable market environment. Since the start of 2023, the shares are up 60% (as of March 6), boosted by strong financial results. Looking at the bigger picture, there is no shortage of reasons to appreciate this business. In fact, shareholders could ...
motleyfoolusx:sofi
SoFi Technologies (NASDAQ: SOFI) investors had a fabulous February as shares of the fintech stock gained nearly 15% after its fourth-quarter earnings report showed SoFi turned profitable faster than expected. SoFi stock is giving back all those gains today, though -- and more. As of 11:20 a.m. ET, the ...
motleyfoolusx:sofi
Cathie Wood has some ground to make up this year. The Ark Invest co-founder, CEO, and investor finds her most popular exchange-traded fund in the red in 2024, a bad look in a rising market. After trouncing the market last year, can she get back on track? She is not going to be standing still. Wood kicked ...
motleyfoolusx:sofiusx:tostusx:meta
In this video, I will explain why SoFi Technologies (NASDAQ: SOFI) dropped 10% on Tuesday when the market opened and why I remain extremely bullish on the long-term trajectory of the company. *Stock prices used were from the trading day of March 5, 2024. The video was published on March 5, 2024. Continue ...
motleyfoolusx:sofi
