The Latest Breaking News from SoFi Technologies

Despite SoFi Technologies’ (SOFI) robust topline growth, its weak profitability is concerning. Let’s look at its financial metrics to see whether it is a buy right now….

Although bullish investors of SoFi Technologies appear enthused about Monday’s discount, SOFI stock may incur a longer-term challenge.

Shares of SoFi Technologies (SOFI) are down more than 65% in price year-to-date. The stock has been under pressure due to the Education Department’s repeated revisions of the end date of the student loan moratorium and the Fed’s aggressive interest rate hikes. With the Education Department likely to push back…

Over the past 3 months, 10 analysts have published their opinion on SoFi Technologies (NASDAQ:SOFI) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

According to Benzinga Pro data, during Q1, SoFi Technologies (NASDAQ:SOFI) posted sales of $321.73 million. Earnings were up 0.59%, but SoFi Technologies still reported an overall loss of $110.36 million.

SoFi Technologies (SOFI) stock certainly hasn't been a winner since its IPO, but one analyst's bullish argument and upgrade might convince some of the skeptics.

Upgrades

SoFi Technologies's (NASDAQ:SOFI) short percent of float has risen 4.9% since its last report. The company recently reported that it has 141.71 million shares sold short, which is 22.48% of all regular shares that are available for trading.

Within the last quarter, SoFi Technologies (NASDAQ:SOFI) has observed the following analyst ratings: