SoFi Technologies, Inc. - Common Stock (SOFI)

Investors can easily find reasons to remain bullish on this stock, even though it has more than tripled in the past 12 months.

There's a lot to like about this innovative digital bank.

Stocks drifted down from all-time highs after the July PCE inflation reading; the expectation for rate cuts now hinges on next week’s August jobs report

Investors should know that the stock is relatively expensive right now after its rapid rise over the past few years.

Chamath Palihapitiya just launched a new SPAC, called American Exceptionalism Acquisition Corp.

SoFi has been crushing it this year, but here's another fintech company that is worthy of discussion.

The flood of reports from retail companies tells us a lot about consumer spending. Plus the market is once again buying into meme stocks and SPACs. Is this time different?

SoFi isn't stopping at banking and loans. Last week, it partnered with Lightspark to launch a crypto-powered money transfer service.

While SoFi and Robinhood have both surged recently, Robinhood looks a little too expensive.

SoFi’s record run triggered increased activity in the stock, while underperformance proved positive for certain other names.

Two of the biggest private companies in the world, plus one of OpenAI's biggest competitors. You can invest in all three -- but is the price worth it?

SoFi stock has new fundamental tailwinds working in its favor, placing current Wall Street analyst consensus under pressure to be changed.

Shares of digital financial services company SoFi Technologies (NASDAQ:SOFI) jumped 5.1% in the afternoon session after investors reacted to the company's strong business momentum and recent positive financial results. The positive sentiment appears driven by the company's strong business performance, particularly in its core lending segments. This momentum is reflected in the company's broader second-quarter results, which included a 44% rise in adjusted net revenue, signaling robust overall growth.

SoFi has done a fantastic job of growing, and investors have been rewarded.

Spoiler: You'd have a lot.

Chamath Palihapitiya is launching a $250 million SPAC, called American Exceptionalism Acquisition Corp.

The recent acquisition of Discover is much more than the mere union of two competing credit card issuers.

Shares of the innovative financial services enterprise have nearly tripled in one year.

Shares of the digital banking powerhouse have more than tripled in the past 12 months.

These three companies leverage technology and market trends to capture long-term growth opportunities.

Shares of digital financial services company SoFi Technologies (NASDAQ:SOFI) jumped 7.4% in the afternoon session after Federal Reserve Chair Jerome Powell's dovish remarks signaled that interest rate cuts may be warranted. Federal Reserve Chair Jerome Powell struck a notably dovish tone, signaling that interest rate cuts may be warranted if the economic slowdown deepens. This pivot is significant for high-growth companies like SoFi, which are sensitive to interest rate expectations. Lower rates reduce the discounting effect on future earnings and decrease borrowing costs, bolstering valuations for growth stocks. The favorable macro environment comes as SoFi has demonstrated strong underlying performance. The company's stock has already risen significantly this year, supported by factors including a robust second-quarter performance and impressive growth in its lending platform. Following its recent results, Mizuho raised its price target for SoFi to $26, and Needham increased its target to $25, maintaining a Buy rating.