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Sofi Tech Stock Tumbles
SoFi CEO Says 2024 Was ‘Best Year Ever.’ Why the Stock Is Sinking After Earnings.
SoFi Technologies reported quarterly earnings and revenue above analysts’ estimates, with CEO Anthony Noto deeming 2024 the fintech’s “best year ever.” However, shares tumbled 11% to $15.94 in premarket trading as guidance from the company seemed to overshadow quarterly results.
Why Did SoFi Technologies Inc (SOFI) Stock See 47.94% Surge in the Last 90 Days?
SoFi Technologies Inc (SOFI) stock saw a modest uptick, ending the day at $16.17 which represents a slight increase of $0.09 or 0.56% from the prior close of $16.08. The stock opened at $16.12 and touched a low of $15.
SoFi Technologies Stock Sinks on Soft Guidance
SoFi Technologies pointed to "macro assumptions" in giving weaker-than-expected quarterly and full-year guidance.
9h
What's Happening With SOFI Stock?
Looking forward, SoFi expects its Q1 sales to be between $725 and $745 million, and earnings of around $0.03 per share. For ...
1d
SoFi’s stock sinks as a downbeat outlook negates a big revenue beat
SoFi’s stock sinks as a mixed outlook overshadowed strong Q4 results that included the biggest revenue beat in about three ...
2d
SoFi Shares Drop 15% Premarket as 2025 Outlook Disappoints Despite Q4 Beat
SoFi forecasts lower-than-expected 2025 EPS, sending shares down 15.01% to $15.23 despite Q4 profit and revenue growth ...
23h
SoFi Technologies: Even Champions Take Rest Days
SoFi's Q4 results showed record revenue of $739 million, strong EBITDA growth, and impressive member and product additions.
8h
Mizuho Securities Reaffirms Their Buy Rating on SoFi Technologies (SOFI)
In a report released today, Dan Dolev from Mizuho Securities maintained a Buy rating on SoFi Technologies (SOFI – Research Report), with a ...
2d
SoFi tumbling on weaker than expected 2025 guidance
SoFi Technologies (SOFI) shares are down by as much as 10% right ahead of Monday's market open after the fintech company ...
1d
SoFi shares slump despite talk of subscription service
SoFi shares finished trading Monday at $16.08, down $1.84 or more than 10%, after trading as low as $15.55 earlier in the day ...
5h
on MSN
Mizuho raises SoFi stock price target to $20 on strong fundamentals
Securities showed confidence in SoFi Technologies (NASDAQ:SOFI) by increasing the price target on the company's shares to $20 ...
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