SoFi Technologies downgraded by BofA Securities with a new price target
$SOFI
Finance: Consumer Services
Finance
BofA Securities downgraded SoFi Technologies from Neutral to Underperform and set a new price target of $12.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/15/2025 | Outperform | William Blair | |
| 1/2/2025 | $7.00 → $8.00 | Mkt Perform → Underperform | Keefe Bruyette |
| 12/9/2024 | $12.00 | Neutral → Underperform | BofA Securities |
| 6/7/2024 | Neutral | BTIG Research | |
| 4/8/2024 | $11.00 | Buy | Citigroup |
| 4/5/2024 | $6.50 → $7.50 | Underperform → Mkt Perform | Keefe Bruyette |
| 4/3/2024 | $10.00 | Buy | Needham |
| 1/31/2024 | $7.00 → $6.50 | Equal-Weight → Underweight | Morgan Stanley |
4 - SoFi Technologies, Inc. (0001818874) (Issuer)
4 - SoFi Technologies, Inc. (0001818874) (Issuer)
4 - SoFi Technologies, Inc. (0001818874) (Issuer)
Simcock Brings Decades of Legal Experience from Some of the World's Largest Financial Institutions SoFi Technologies, Inc. (NASDAQ:SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced Stephen Simcock as the company's new general counsel. Simcock – who has spent more than three decades helping retail financial institutions navigate rapidly evolving markets and a shifting regulatory landscape – will lead SoFi's legal department with the retirement of Rob Lavet, the company's chief legal officer. Simcock previously served as vice chairman of JPMorgan Chase & Co's legal department and as
Adds Additional Financial Expertise, Strategy Experience, and Global Perspective NETSCOUT SYSTEMS, INC. (NASDAQ:NTCT), a leading provider of cybersecurity, service assurance, and business analytics solutions, today announced that experienced executives Shannon Nash and Marlene Pelage have been appointed to the Company's Board of Directors. "On behalf of NetScout's Board of Directors, I am pleased to announce the appointment of two superbly qualified directors, Shannon Nash and Marlene Pelage. We believe that these accomplished individuals will bring fresh perspectives and valuable experience to our Board and play an important role in advancing our business," stated Anil Singhal, NETSCOUT'
Former executive at Sofi/Galileo takes on expanded role Carta Worldwide 2021 payment processing volume grew over 50% to ~$8.5 billion Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) ("Mogo" or the "Company"), a digital payments and financial technology company, today announced that Allan Smith, a recent addition to Mogo's executive team, has been appointed Head of Carta Worldwide ("Carta"), Mogo's digital payments subsidiary. Carta, which was acquired by Mogo in January 2021, powers the next-generation card programs from innovative fintech companies in Europe, North America and APAC. This strategic acquisition has provided a number of significant benefits to Mogo, including greatly expanding its tota
Record Adjusted Net Revenue Grew 24% Driven by 52% Combined Growth in Financial Services and Tech Platform Segments, Representing 49% of Total Adjusted Net Revenue 34% Growth in Members and 32% Growth in Products in 2024 Remain Key Drivers of Growth Record Fee Based Revenue of $289 Million Increased 63%, Reinforcing Strength of Increased Mix of Higher ROE Revenue Management Announces 2025 Guidance SoFi Technologies, Inc. (NASDAQ:SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its fourth quarter and fiscal year ended December 31, 2024. This press release
SoFi Technologies, Inc. (NASDAQ:SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced plans to host a conference call to discuss financial and operating results for the fourth quarter and full year of 2024 on Monday, January 27, 2025, at 8 a.m. Eastern Time. SoFi also plans to release its fourth quarter and fiscal year 2024 results on the investor relations section of its website at https://investors.sofi.com at approximately 7 a.m. Eastern Time on Monday, January 27, 2025. Full session details for the conference appearance are as follows: CONFERENCE CALL DETAILS – TO DIAL IN BY PHONE
Record Adjusted Net Revenue with Growth Accelerating to 30% Driven by 64% Combined Growth in Financial Services and Tech Platform Segments, representing 49% of Total Adjusted Net Revenue 35% Growth in Members and Strong Product Innovation Remain Key Drivers of Growth Company Recorded $174 Million in Capital Light, Fee-Based Revenue, Reinforcing Strength of Increased Mix of Higher ROE Revenue Management Raises FY24 Guidance SoFi Technologies, Inc. (NASDAQ:SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its third quarter ended September 30, 2024. This press re
William Blair initiated coverage of SoFi Technologies with a rating of Outperform
Keefe Bruyette downgraded SoFi Technologies from Mkt Perform to Underperform and set a new price target of $8.00 from $7.00 previously
BofA Securities downgraded SoFi Technologies from Neutral to Underperform and set a new price target of $12.00
SC 13G/A - SoFi Technologies, Inc. (0001818874) (Subject)
SC 13D/A - SoFi Technologies, Inc. (0001818874) (Subject)
SC 13D/A - SoFi Technologies, Inc. (0001818874) (Subject)
SoFi Technologies, Inc. (NASDAQ:SOFI) finalized an up to $5 billion Loan Platform Business agreement for personal loans with funds managed by Blue Owl Capital, a leading asset manager with over $250 billion in assets under management. This move marks SoFi's largest Loan Platform Business agreement to date. SoFi's Loan Platform Business refers pre-qualified borrowers to loan origination partners as well as originates loans on behalf of third parties. The two-year deal with Blue Owl Capital managed funds reflects the growing demand for personal loans from members and debt investors and advances SoFi's strategy to diversify revenue streams with less capital-intensive and more fee-based source
Offering Includes Participation from 35 Unique Investors SoFi Technologies, Inc. (NASDAQ:SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced today the issuance of $697.6 million in notes secured by a pool of personal loans originated by SoFi Bank, N.A. The transaction was a co-contributor securitization with collateral consisting primarily of loans previously placed with loan platform business partners. SoFi's loan platform business, which originates loans on behalf of third parties, generated $2.1 billion in personal loan volume in 2024. This represents the first securitization of new co
Partnership combines Galileo's technology platform and Ascenda's loyalty expertise to simplify and power card loyalty programs NEW YORK, Feb. 25, 2025 /PRNewswire/ -- Ascenda, the industry leader in loyalty-as-a-service, has partnered with Galileo Financial Technologies, SoFi Technologies, Inc.'s Tech Platform (NASDAQ:SOFI), to deliver seamless and engaging loyalty experiences through card loyalty programs to banks, fintechs and other brands. This collaboration integrates Ascenda's loyalty and customer engagement solutions with Galileo's robust financial technology platform, o
10-K - SoFi Technologies, Inc. (0001818874) (Filer)
8-K - SoFi Technologies, Inc. (0001818874) (Filer)
8-K - SoFi Technologies, Inc. (0001818874) (Filer)
4 - SoFi Technologies, Inc. (0001818874) (Issuer)
4 - SoFi Technologies, Inc. (0001818874) (Issuer)
4 - SoFi Technologies, Inc. (0001818874) (Issuer)