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3 Long Term Growth StocksThis summary was created by AI, based on 15 opinions in the last 12 months.
Experts have mixed opinions on SOFI-Q stock, with some praising the CEO and the company's performance, while others express concerns about the impact of rising interest rates and potential challenges in the student loans market. The stock has seen significant volatility and fluctuation in share prices, which has led to differing views on its potential for growth and profitability in the future.
SOFI generated positive EPS of 1c beating analysts estimates that the company would breakeven for the quarter, and improving from a 6c loss in the year prior. Total revenue also beat estimates of $564.39M coming in at $598.62M displaying a 20% year-over-year increase. The company also increased guidance for 2024 expecting EPS between 9c-10c, ahead of estimates of 8c. Q3 guidance was also 1c greater than analyst estimates of 3c. Management expects to add 2.3 million new memebers in 2024, dispakyin 30% growth. This looks to be a solid quarter for SOFI, beating estimates and upping guidance but the market reaction has been muted.
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Recent insider buying is a good sign, but their last quarter was not great.
Latest equity offering not performing well. Would not recommend buying.
Reported a good quarter, but nobody seems to care. Has been defending stock for ~2 years. Can't wait around forever. Would not buy at this time. Wait for strength in the stock price before buying.
It reports Monday. Their numbers keep improving, but the shares don't move because of their convoluted balance sheet. He will listen to their shareholders call.
They were doing well until they issued a convertible bond. Now, it's in the dog house.
Don't bet against the CEO. Shares have run up and pulled back, so good to buy now.
They delivered a very good quarter, so why did analysts hate it?
A great CEO and shares are cheap for a bank at $8. Stop thinking of this as a tech stock, but a bank one.
Is doing better than its peers and run by a good CEO. Stay long. Shares are up a lot since the spring.
It's doing very well, but is not reflected in the stock. It will.
It's doing very well, but is not reflected in the stock. It will.
SoFi Technologies is a American stock, trading under the symbol SOFI-Q on the NASDAQ (SOFI). It is usually referred to as NASDAQ:SOFI or SOFI-Q
In the last year, 14 stock analysts published opinions about SOFI-Q. 9 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for SoFi Technologies.
SoFi Technologies was recommended as a Top Pick by on . Read the latest stock experts ratings for SoFi Technologies.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
14 stock analysts on Stockchase covered SoFi Technologies In the last year. It is a trending stock that is worth watching.
On 2024-10-03, SoFi Technologies (SOFI-Q) stock closed at a price of $7.83.
Their risk/reward is positive now.