SoFi Technologies (SOFI) stock rose 3% after the company announced it became the first national bank to implement stablecoin settlement across Mastercard's global payments network. This initiative moves SoFi's entire debit and credit card program onto blockchain-based settlement using SoFiUSD, a stablecoin issued by SoFi...
SoFi Technologies has successfully transformed into a chartered bank, resulting in a dramatic expansion of its deposit base from $1.2 billion in early 2022 to approximately $45.5 billion by the end of Q2 2026. This strategic shift allows SoFi to fund roughly 94% of its...
SoFi Technologies (NASDAQ:SOFI) shares rose approximately 5% in premarket trading to $19.70, driven by retail speculation regarding a potential short squeeze and anticipation ahead of its Q1 2026 earnings report scheduled for April 29. The stock has declined 28% year-to-date but is reclaiming key technical...
SoFi Technologies (SOFI) is facing speculation regarding its potential inclusion in the S&P 500 index, with market observers estimating an 18 percent probability ahead of the next committee meeting. This anticipation has driven short-term price volatility, as investors weigh the prospect of increased institutional attention...
SoFi Technologies, Inc. (SOFI) has been upgraded to a Strong Buy rating following a significant valuation correction and robust second-quarter financial results. The company reported Q2 revenue of $1.2 billion, representing a 41% year-over-year increase, alongside adjusted EBITDA of $358 million which achieved a 30%...
ARK Invest's flagship ARKK ETF has significantly increased its position in SoFi Technologies (SOFI), accumulating over 349,000 shares between June 29 and July 2. This accumulation occurred while the stock traded near $18.24, representing a discount from its 52-week high of $32.73 and following a...
SoFi Technologies reported a strong first quarter for 2026, with shares trading near $18.24 despite being down roughly 30% to 33% year-to-date. The company posted record adjusted net revenue of $1.1 billion, representing a 41% year-over-year increase, alongside a net income of $167 million and...
SoFi Technologies (NASDAQ:SOFI) has experienced a significant stock price decline in early 2026, dropping 34.57% year-to-date despite reporting record financial performance. The company's Q1 2026 revenue reached $1.10 billion, beating estimates by 4.87%, while GAAP net income surged 134.45% to $166.73 million. Loan originations hit...
SoFi Technologies is advancing its digital-asset strategy by launching SoFiUSD settlement across Mastercard's network, moving from testing to a live card program expected to handle over $25 billion in annualized volume. This infrastructure development provides a meaningful real-world use case for the stablecoin, with transactions...
SoFi Technologies (SOFI) shares rose approximately 3% in regular trading and gained 4.30% in pre-market sessions following the successful launch of stablecoin settlement across Mastercard's global payments network. This milestone activates a partnership originally announced in March, enabling SoFi Bank to migrate its entire debit...
Jim Cramer highlighted SoFi Technologies' recent stock volatility, noting a 9% sell-off following an exceptional Q2 earnings report in late July. Despite the pullback, shares have rallied over 10% since that quarter. Cramer maintains confidence in the company's trajectory, citing record financial metrics and robust...
SoFi Technologies reported record Q2 2026 results with adjusted net revenue of $1.21 billion, a 43% increase year-over-year, and adjusted earnings per share (EPS) rising 50% to $0.12. Despite these strong operational metrics and a significant lift in loan originations to $14.8 billion, the stock...
SoFi Technologies (NASDAQ:SOFI) shares fell 1.6% to $18.22 in mid-day trading, reflecting mixed market sentiment despite the company reporting strong quarterly fundamentals. The firm beat analyst expectations with revenue of $1.21 billion, a 42.5% year-over-year increase, and earnings per share of $0.12 versus the expected...
SoFi Technologies, Inc. (NASDAQ: SOFI) has announced a significant strategic partnership with Fortress Investment Group to establish a $2 billion loan platform business agreement. This deal is designed to enhance SoFi's capabilities in connecting pre-qualified borrowers with loan origination partners, allowing the company to originate...
Morgan Stanley has lowered its price objective for SoFi Technologies (NASDAQ:SOFI) from $16.00 to $15.00, citing a potential downside of 8.03% from the previous close. The firm maintains an 'underweight' rating on the stock. This move follows a mixed landscape of analyst sentiment, with other...
SoFi Technologies is set to report its second-quarter earnings on Wednesday, with Wall Street expecting a significant performance boost. Analysts forecast an earnings per share (EPS) of $0.11, representing a 37.5% year-over-year increase, and project revenue to jump 31.7% to $1.13 billion for the quarter....
Analyst initiates a 'Strong Buy' rating on SoFi Technologies (SOFI), citing an undervalued book value multiple of 2x compared to peers like JPMorgan and Nu Holdings. The thesis highlights robust book value growth, a tech-enabled banking model driving high product-per-member expansion, and fee diversification where...
Jim Cramer issued a conviction buy recommendation for SoFi Technologies (NASDAQ: SOFI) on June 18 during his Mad Money Lightning Round, stating that the stock is currently hanging around a key level and it is time to purchase. This public endorsement from one of television's...
Alberta Investment Management Corp acquired a new position in SoFi Technologies, Inc. (NASDAQ:SOFI) during the fourth quarter, purchasing 508,000 shares valued at approximately $13.3 million according to its latest Form 13F filing. Several other institutional investors also adjusted their holdings, including Brighton Jones LLC increasing...
SoFi Technologies (SOFI) is showing technical signs of a potential bottom after suffering a $17 billion valuation wipeout, with the stock forming a double-bottom pattern at $14.97 and flipping its 50-day EMA. Fundamentals are improving significantly, with revenue surging 41% to $1.1 billion and adjusted...
