SOFI RSI Chart
Last 7 days
3.8%
Last 30 days
-12.7%
Last 90 days
-24.8%
Trailing 12 Months
26.0%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 1.7B | 1.9B | 2.0B | 2.1B |
2022 | 1.1B | 1.3B | 1.4B | 1.6B |
2021 | 683.2M | 799.5M | 870.8M | 984.9M |
2020 | 0 | 483.6M | 524.6M | 565.5M |
2019 | 0 | 0 | 0 | 442.7M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 19, 2024 | rishel jeremy | sold | -389,972 | 6.93 | -56,273 | chief technology officer |
Mar 15, 2024 | borton chad m | sold (taxes) | -160,889 | 6.99 | -23,017 | president - sofi bank |
Mar 15, 2024 | lavet robert s | sold (taxes) | -33,663 | 6.99 | -4,816 | general counsel |
Mar 15, 2024 | rishel jeremy | sold (taxes) | -910,713 | 6.99 | -130,288 | chief technology officer |
Mar 15, 2024 | white derek j | sold (taxes) | -374,937 | 6.99 | -53,639 | ceo - galileo |
Mar 15, 2024 | webster aaron | sold (taxes) | -447,031 | 6.99 | -63,953 | executive vice president |
Mar 14, 2024 | lapointe christopher | acquired | - | - | 169,870 | cfo and pao |
Mar 14, 2024 | rishel jeremy | acquired | - | - | 233,927 | chief technology officer |
Mar 14, 2024 | noto anthony | acquired | - | - | 824,179 | chief executive officer |
Mar 14, 2024 | white derek j | acquired | - | - | 114,361 | ceo - galileo |
Which funds bought or sold SOFI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 26, 2024 | HighPoint Advisor Group LLC | new | - | 868,000 | 868,000 | 0.06% |
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | added | 1.16 | 23,043 | 111,748 | -% |
Mar 15, 2024 | B. Riley Wealth Advisors, Inc. | reduced | -5.1 | 184,630 | 1,200,440 | 0.03% |
Mar 14, 2024 | ABLES, IANNONE, MOORE & ASSOCIATES, INC. | new | - | 12,288 | 12,288 | 0.01% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 6.62 | 200,069,000 | 810,527,000 | 0.02% |
Mar 04, 2024 | VIMA LLC | new | - | 3,313 | 3,313 | 0.01% |
Mar 04, 2024 | TUCKER ASSET MANAGEMENT LLC | reduced | -99.8 | -80,164 | 199 | -% |
Mar 01, 2024 | Creekmur Asset Management LLC | new | - | 392,070 | 392,070 | 0.12% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 82.64 | 71,789,100 | 128,119,000 | 0.01% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -0.83 | 14,525 | 76,336 | -% |
Unveiling SoFi Technologies, Inc.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to SoFi Technologies, Inc.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MA | 451.4B | 25.1B | 40.32 | 17.99 | ||||
AXP | 164.9B | 60.5B | 19.69 | 2.72 | ||||
PYPL | 71.3B | 29.8B | 16.8 | 2.4 | ||||
COF | 55.0B | 41.9B | 11.14 | 1.31 | ||||
DFS | 32.1B | 17.8B | 10.85 | 1.8 | ||||
ALLY | 12.1B | 14.0B | 11.86 | 0.87 | ||||
MID-CAP | ||||||||
CACC | 6.8B | 1.9B | 23.72 | 3.57 | ||||
FCFS | 5.7B | 3.2B | 25.96 | 1.81 | ||||
WU | 4.7B | 4.4B | 7.49 | 1.08 | ||||
NNI | 3.5B | 1.1B | 38.15 | 3.15 | ||||
SMALL-CAP | ||||||||
ENVA | 1.8B | 2.1B | 10.01 | 0.83 | ||||
ATLC | 445.7M | 1.2B | 4.33 | 0.39 | ||||
CPSS | 166.7M | 352.0M | 3.68 | 0.47 | ||||
AIHS | 8.3M | 7.3M | -2.16 | 1.14 | ||||
CURO | 3.7M | 853.2M | -0.01 | 0 |
SoFi Technologies, Inc. News
Income Statement (Quarterly) | |||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2019Q4 |
Revenue | 14.6% | 615,404,000 | 537,209,000 | 498,018,000 | 472,158,000 | 456,679,000 | 423,985,000 | 362,527,000 | 330,344,000 | 285,608,000 | 272,006,000 | 231,274,000 | 195,984,000 | 171,491,000 | 200,787,000 | 114,952,000 | - |
Cost Of Revenue | 5.8% | 103,947,000 | 98,258,000 | 93,885,000 | 83,908,000 | 80,615,000 | 83,083,000 | 79,091,000 | 70,437,000 | 69,195,000 | 69,591,000 | 60,624,000 | 57,570,000 | 53,010,000 | 51,821,000 | 41,408,000 | - |
S&GA Expenses | -6.4% | 174,705,000 | 186,719,000 | 182,822,000 | 175,154,000 | 173,702,000 | 162,129,000 | 143,854,000 | 138,138,000 | 129,705,000 | 114,985,000 | 94,951,000 | 87,234,000 | 72,182,000 | 77,458,000 | 64,267,000 | - |
R&D Expenses | 12.8% | 141,817,000 | 125,698,000 | 126,845,000 | 117,059,000 | 113,281,000 | 110,702,000 | 99,366,000 | 81,908,000 | 66,316,000 | 74,434,000 | 69,389,000 | 65,948,000 | 57,767,000 | 55,428,000 | 47,833,000 | - |
EBITDA Margin | 22.2% | 0.55 | 0.45 | 0.47 | 0.38 | 0.26 | 0.14 | 0.11 | -0.01 | -0.13 | -0.17 | -0.22 | -0.19 | - | - | - | - |
Interest Expenses | 13.0% | 389,641,000 | 344,963,000 | 291,126,000 | 236,010,000 | 208,584,000 | 157,850,000 | 122,729,000 | 94,933,000 | 76,577,000 | 72,375,000 | 56,012,000 | 47,280,000 | 38,823,000 | 49,212,000 | 42,747,000 | - |
Income Taxes | 1429.9% | 3,245,000 | -244,000 | -1,780,000 | -1,637,000 | 1,057,000 | -242,000 | 119,000 | 752,000 | 1,558,000 | 181,000 | -78,000 | 1,099,000 | -4,949,000 | 192,000 | -99,768,000 | - |
Earnings Before Taxes | 119.2% | 51,158,000 | -266,928,000 | -49,329,000 | -36,059,000 | -38,949,000 | -74,451,000 | -95,716,000 | -109,605,000 | -109,454,000 | -29,866,000 | -165,392,000 | -176,465,000 | -87,565,000 | -42,686,000 | -91,960,000 | - |
EBT Margin | 28.8% | -0.14 | -0.20 | -0.11 | -0.14 | -0.20 | -0.28 | -0.28 | -0.37 | -0.49 | -0.53 | -0.59 | -0.58 | - | - | - | - |
Net Income | 118.0% | 47,913,000 | -266,684,000 | -47,549,000 | -34,422,000 | -40,006,000 | -74,209,000 | -95,835,000 | -110,357,000 | -111,012,000 | -30,047,000 | -165,314,000 | -177,564,000 | -82,616,000 | -42,878,000 | 7,808,000 | - |
Net Income Margin | 28.4% | -0.14 | -0.20 | -0.11 | -0.14 | -0.20 | -0.28 | -0.28 | -0.37 | -0.49 | -0.52 | -0.59 | -0.43 | - | - | - | - |
Free Cashflow | 90.8% | -247,941,000 | -2,686,519,000 | -2,079,919,000 | -2,212,760,000 | -2,418,835,000 | -2,880,300,000 | -945,499,000 | -1,011,224,000 | -1,236,289,000 | -196,536,000 | -257,443,000 | 340,051,000 | - | - | - | - |
Balance Sheet | ||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2019Q4 |
Assets | 7.5% | 30,075 | 27,977 | 25,561 | 22,453 | 19,008 | 15,835 | 12,671 | 12,247 | 9,176 | 8,083 | 7,653 | 806 | 8,563 | 7,926 | 7,289 |
Cash Equivalents | 9.6% | 3,085 | 2,814 | 3,016 | 2,488 | 1,422 | 935 | 707 | 1,325 | 495 | 534 | 462 | 351 | 1,323 | 493 | 690 |
Goodwill | 0% | 1,394 | 1,394 | 1,641 | 1,623 | 1,623 | 713 | 1,625 | 1,616 | 899 | 899 | 899 | 899 | 899 | - | 16.00 |
Liabilities | 8.5% | 24,520 | 22,603 | 19,983 | 16,899 | 13,479 | 10,334 | 7,164 | 6,716 | 4,479 | 3,514 | 3,125 | 4,318 | 5,510 | 5,221 | 4,932 |
Shareholder's Equity | 3.6% | 5,235 | 5,053 | 5,258 | 5,234 | 5,208 | 5,181 | 5,186 | 5,210 | 4,377 | 4,249 | 4,207 | 5.00 | 5.00 | 0.00 | - |
Retained Earnings | 2.6% | -1,804 | -1,852 | -1,585 | -1,537 | -1,503 | -1,463 | -1,389 | -1,293 | -1,183 | -1,072 | -1,042 | -116 | -699 | 0.00 | -474 |
Additional Paid-In Capital | 2.0% | 7,040 | 6,905 | 6,848 | 6,778 | 6,720 | 6,654 | 6,583 | 6,510 | 5,562 | 5,321 | 5,250 | 121 | 579 | 5.00 | 136 |
Shares Outstanding | 1.9% | 976 | 958 | 949 | 940 | 934 | 917 | 882 | 853 | 527 | 801 | 365 | 116 | - | - | - |
Float | - | - | - | 7,400 | - | - | - | 4,000 | - | - | - | 10,000 | - | 1,001 | - | - |
Cashflow (Quarterly) | |||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2018Q4 |
Cashflow From Operations | 90.8% | -247 | -2,686 | -2,079 | -2,212 | -2,418 | -2,880 | -945 | -1,011 | -1,236 | -196 | -257 | 340 | 2.00 | -0.03 | 122 | 273 | - | - |
Share Based Compensation | 11.5% | 69.00 | 62.00 | 76.00 | 64.00 | 71.00 | 78.00 | 80.00 | 77.00 | 77.00 | 73.00 | 52.00 | 37.00 | 30.00 | 27.00 | 24.00 | 20.00 | - | - |
Cashflow From Investing | -738.8% | -1,413 | -168 | -267 | -40.15 | -51.41 | -50.01 | -54.80 | 50.00 | 31.00 | -159 | 58.00 | 181 | 35.00 | -805 | 32.00 | 65.00 | - | - |
Cashflow From Financing | -25.3% | 1,980 | 2,651 | 2,871 | 3,384 | 3,055 | 3,192 | 297 | 1,895 | 1,120 | 442 | 269 | -1,145 | 231 | 807 | -368 | 82.00 | - | - |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | 1.00 | - | - | 0.00 | - | - | - |
Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Interest income | |||
Loans and securitizations | $ 1,944,128 | $ 759,504 | $ 351,971 |
Other | 106,939 | 13,867 | 3,049 |
Total interest income | 2,051,067 | 773,371 | 355,020 |
Interest expense | |||
Securitizations and warehouses | 244,220 | 110,127 | 90,485 |
Deposits | 507,820 | 59,793 | 0 |
Corporate borrowings | 36,833 | 18,438 | 10,345 |
Other | 454 | 917 | 1,946 |
Total interest expense | 789,327 | 189,275 | 102,776 |
Net interest income | 1,261,740 | 584,096 | 252,244 |
Noninterest income | |||
Loan origination, sales, and securitizations | 371,812 | 565,372 | 482,764 |
Servicing | 37,328 | 43,547 | (2,281) |
Technology products and solutions | 323,972 | 304,901 | 191,847 |
Other | 127,937 | 75,619 | 60,298 |
Total noninterest income | 861,049 | 989,439 | 732,628 |
Total net revenue | 2,122,789 | 1,573,535 | 984,872 |
Noninterest expense | |||
Technology and product development | 511,419 | 405,257 | 276,087 |
Sales and marketing | 719,400 | 617,823 | 426,875 |
Cost of operations | 379,998 | 313,226 | 256,980 |
General and administrative | 511,011 | 501,618 | 498,534 |
Goodwill impairment | 247,174 | 0 | 0 |
Provision for credit losses | 54,945 | 54,332 | 7,573 |
Total noninterest expense | 2,423,947 | 1,892,256 | 1,466,049 |
Loss before income taxes | (301,158) | (318,721) | (481,177) |
Income tax benefit (expense) | 416 | (1,686) | (2,760) |
Net loss | (300,742) | (320,407) | (483,937) |
Other comprehensive income (loss) | |||
Unrealized gains (losses) on available-for-sale securities, net | 6,410 | (7,260) | (1,351) |
Foreign currency translation adjustments, net | 677 | 435 | 46 |
Total other comprehensive income (loss) | 7,087 | (6,825) | (1,305) |
Comprehensive loss | $ (293,655) | $ (327,232) | $ (485,242) |
Loss per share (Note 19) | |||
Loss per share - basic (in dollars per share) | $ (0.36) | $ (0.40) | $ (1.00) |
Loss per share - diluted (in dollars per share) | $ (0.36) | $ (0.40) | $ (1.00) |
Weighted average common stock outstanding - basic (in shares) | 945,024,160 | 900,886,113 | 526,730,261 |
Weighted average common stock outstanding - diluted (in shares) | 945,024,160 | 900,886,113 | 526,730,261 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | ||||
---|---|---|---|---|---|---|
Assets | ||||||
Cash and cash equivalents | $ 3,085,020 | $ 1,421,907 | ||||
Restricted cash and restricted cash equivalents | 530,558 | 424,395 | ||||
Investment securities (includes available-for-sale securities of $595,187 and $195,438 at fair value with associated amortized cost of $596,757 and $203,418, as of December 31, 2023 and 2022, respectively) | 701,935 | 396,769 | ||||
Loans held for sale, at fair value | 15,396,771 | 13,557,074 | ||||
Loans held for investment, at fair value | 6,725,484 | 0 | ||||
Loans held for investment (less allowance for credit losses on loans at amortized cost of $54,695 and $40,788 as of December 31, 2023 and 2022, respectively) | 836,159 | 307,957 | ||||
Servicing rights | 180,469 | 149,854 | ||||
Property, equipment and software | 216,908 | 170,104 | ||||
Goodwill | 1,393,505 | 1,622,991 | ||||
Intangible assets | 364,048 | 442,155 | ||||
Operating lease right-of-use assets | 89,635 | 97,135 | ||||
Other assets (less allowance for credit losses of $1,837 and $2,785 as of December 31, 2023 and 2022, respectively) | 554,366 | 417,334 | ||||
Total assets | 30,074,858 | 19,007,675 | ||||
Deposits [Abstract] | ||||||
Interest-bearing deposits | 18,568,993 | 7,265,792 | ||||
Noninterest-bearing deposits | 51,670 | 76,504 | ||||
Total deposits | 18,620,663 | 7,342,296 | ||||
Accounts payable, accruals and other liabilities | 549,748 | 516,215 | ||||
Operating lease liabilities | 108,649 | 117,758 | ||||
Debt | 5,233,416 | 5,485,882 | ||||
Residual interests classified as debt | 7,396 | 17,048 | ||||
Total liabilities | 24,519,872 | 13,479,199 | ||||
Commitments, guarantees, concentrations and contingencies (Note 18) | ||||||
Temporary equity: | ||||||
Redeemable preferred stock, $0.00 par value: 100,000,000 and 100,000,000 shares authorized; 3,234,000 and 3,234,000 shares issued and outstanding as of December 31, 2023 and 2022, respectively | [1] | 320,374 | 320,374 | |||
Permanent equity: | ||||||
Common stock | [2] | 97 | 93 | |||
Additional paid-in capital | 7,039,987 | 6,719,826 | ||||
Accumulated other comprehensive loss | (1,209) | (8,296) | ||||
Accumulated deficit | (1,804,263) | (1,503,521) | ||||
Total permanent equity | 5,234,612 | 5,208,102 | ||||
Total liabilities, temporary equity and permanent equity | 30,074,858 | 19,007,675 | ||||
Variable Interest Entity, Primary Beneficiary | ||||||
Assets | ||||||
Restricted cash and restricted cash equivalents | 50,547 | 68,151 | ||||
Loans held for sale, at fair value | 502,757 | 931,701 | ||||
Loans held for investment, at fair value | 221,461 | 0 | ||||
Total assets | 774,765 | 999,852 | ||||
Deposits [Abstract] | ||||||
Accounts payable, accruals and other liabilities | 1,773 | 3,053 | ||||
Debt | 420,974 | 771,454 | ||||
Residual interests classified as debt | 7,396 | 17,048 | ||||
Total liabilities | $ 430,143 | $ 791,555 | ||||
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