StocksFundsScreenerSectorsWatchlists
SOFI

SOFI - SoFi Technologies, Inc. Stock Price, Fair Value and News

7.14USD-0.02 (-0.28%)Market Closed

Market Summary

SOFI
USD7.14-0.02
Market Closed
-0.28%

SOFI Alerts

  • 1 major insider sales recently.

SOFI Stock Price

View Fullscreen

SOFI RSI Chart

SOFI Valuation

Market Cap

7.0B

Price/Earnings (Trailing)

-23.19

Price/Sales (Trailing)

3.29

EV/EBITDA

3.35

Price/Free Cashflow

-0.96

SOFI Price/Sales (Trailing)

SOFI Profitability

Operating Margin

82.10%

EBT Margin

-14.19%

Return on Equity

-5.75%

Return on Assets

-1%

Free Cashflow Yield

-103.63%

SOFI Fundamentals

SOFI Revenue

Revenue (TTM)

2.1B

Rev. Growth (Yr)

34.76%

Rev. Growth (Qtr)

14.56%

SOFI Earnings

Earnings (TTM)

-300.7M

Earnings Growth (Yr)

219.76%

Earnings Growth (Qtr)

117.97%

Breaking Down SOFI Revenue

Last 7 days

-6.5%

Last 30 days

3.2%

Last 90 days

-4.7%

Trailing 12 Months

17.4%

How does SOFI drawdown profile look like?

SOFI Financial Health

SOFI Investor Care

Shares Dilution (1Y)

3.32%

Diluted EPS (TTM)

-0.36

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.7B1.9B2.0B2.1B
20221.1B1.3B1.4B1.6B
2021683.2M799.5M870.8M984.9M
20200483.6M524.6M565.5M
2019000442.7M
GRUFITY'S FAIR VALUE MODEL

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>

PurpleZone


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.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of SoFi Technologies, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold SOFI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 17, 2024
BARRETT & COMPANY, INC.
unchanged
-
-5,300
14,600
0.01%
Apr 17, 2024
Iron Horse Wealth Management, LLC
unchanged
-
-11.00
29.00
-%
Apr 17, 2024
River Street Advisors LLC
added
22.22
-36,411
315,959
0.21%
Apr 17, 2024
Cranbrook Wealth Management, LLC
sold off
-100
-1,642
-
-%
Apr 17, 2024
Investment Research & Advisory Group, Inc.
reduced
-54.05
-4,881
2,482
-%
Apr 17, 2024
Annapolis Financial Services, LLC
sold off
-100
-9,950
-
-%
Apr 17, 2024
Coston, McIsaac & Partners
unchanged
-
-
-
-%
Apr 17, 2024
Stephens Consulting, LLC
unchanged
-
-1,325
3,650
-%
Apr 17, 2024
MEANS INVESTMENT CO., INC.
reduced
-5.08
-183,589
421,150
0.05%
Apr 17, 2024
FOUNDERS FINANCIAL SECURITIES LLC
unchanged
-
-66,409
182,938
0.02%

1–10 of 44

Are Funds Buying or Selling SOFI?

Are funds buying SOFI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SOFI
No. of Funds

Unveiling SoFi Technologies, Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.50%
81,459,501
SC 13G/A
Feb 09, 2023
vanguard group inc
7.36%
68,270,315
SC 13G/A
Aug 17, 2022
softbank group corp
4.9%
45,422,128
SC 13D/A
Apr 06, 2022
softbank group corp
10.5%
95,281,895
SC 13D/A

Recent SEC filings of SoFi Technologies, Inc.

View All Filings
Date Filed Form Type Document
Apr 08, 2024
ARS
ARS
Apr 08, 2024
DEF 14A
DEF 14A
Apr 08, 2024
DEFA14A
DEFA14A
Mar 26, 2024
8-K
Current Report
Mar 26, 2024
8-K
Current Report
Mar 26, 2024
8-K/A
Current Report
Mar 21, 2024
4
Insider Trading
Mar 19, 2024
144
Notice of Insider Sale Intent
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading

Peers (Alternatives to SoFi Technologies, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
429.4B
25.1B
-6.03% 22.00%
38.35
17.11
12.87% 12.74%
157.5B
60.5B
-1.84% 31.93%
18.81
2.6
14.48% 11.45%
66.5B
29.8B
-1.46% -17.57%
15.67
2.24
8.19% 75.53%
53.9B
41.9B
3.53% 42.68%
10.91
1.28
34.26% 32.87%
31.1B
17.8B
2.40% 17.39%
10.53
1.74
38.72% -32.51%
11.8B
14.0B
2.22% 41.02%
11.54
0.84
31.42% -40.49%
MID-CAP
6.6B
1.9B
-3.52% 7.62%
23.07
3.47
3.79% -46.60%
5.8B
3.2B
9.55% 31.83%
26.47
1.84
15.50% -13.49%
4.4B
4.4B
-4.01% 18.73%
7.07
1.02
-2.65% -31.25%
3.5B
1.1B
6.20% 0.93%
38.61
3.19
8.54% -77.53%
SMALL-CAP
1.7B
2.1B
-3.04% 23.67%
9.59
0.79
21.98% -15.57%
361.7M
1.2B
-17.33% -13.85%
3.52
0.31
10.41% -24.15%
181.7M
352.0M
10.68% -6.42%
4.01
0.52
6.77% -47.27%
8.6M
7.3M
-10.89% 4.52%
-2.23
1.18
-51.06% -195.09%
3.7M
853.2M
-40.00% -94.94%
-0.01
0
-15.13% -1364.54%

SoFi Technologies, Inc. News

Latest updates
MarketBeat9 hours ago
InvestorPlace12 hours ago
The Motley Fool09 Apr 202407:00 am
TheStreet08 Apr 202407:00 am
Morningstar03 Apr 202407:00 am

SoFi Technologies, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22019Q4
Revenue14.6%615,404,000537,209,000498,018,000472,158,000456,679,000423,985,000362,527,000330,344,000285,608,000272,006,000231,274,000195,984,000171,491,000200,787,000114,952,000-
Cost Of Revenue5.8%103,947,00098,258,00093,885,00083,908,00080,615,00083,083,00079,091,00070,437,00069,195,00069,591,00060,624,00057,570,00053,010,00051,821,00041,408,000-
  S&GA Expenses-6.4%174,705,000186,719,000182,822,000175,154,000173,702,000162,129,000143,854,000138,138,000129,705,000114,985,00094,951,00087,234,00072,182,00077,458,00064,267,000-
  R&D Expenses12.8%141,817,000125,698,000126,845,000117,059,000113,281,000110,702,00099,366,00081,908,00066,316,00074,434,00069,389,00065,948,00057,767,00055,428,00047,833,000-
EBITDA Margin22.2%0.550.450.470.380.260.140.11-0.01-0.13-0.17-0.22-0.19----
Interest Expenses13.0%389,641,000344,963,000291,126,000236,010,000208,584,000157,850,000122,729,00094,933,00076,577,00072,375,00056,012,00047,280,00038,823,00049,212,00042,747,000-
Income Taxes1429.9%3,245,000-244,000-1,780,000-1,637,0001,057,000-242,000119,000752,0001,558,000181,000-78,0001,099,000-4,949,000192,000-99,768,000-
Earnings Before Taxes119.2%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 Margin28.8%-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 Income118.0%47,913,000-266,684,000-47,549,000-34,422,000-40,006,000-74,209,000-95,835,000-110,357,000-111,012,000-30,047,000-165,314,000-177,564,000-82,616,000-42,878,0007,808,000-
Net Income Margin28.4%-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 Cashflow90.8%-247,941,000-2,686,519,000-2,079,919,000-2,212,760,000-2,418,835,000-2,880,300,000-945,499,000-1,011,224,000-1,236,289,000-196,536,000-257,443,000340,051,000----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32019Q4
Assets7.5%30,07527,97725,56122,45319,00815,83512,67112,2479,1768,0837,6538068,5638077,289
    Cash Equivalents9.6%3,0852,8143,0162,4881,4229357071,3254955344623511,323493690
  Goodwill0%1,3941,3941,6411,6231,6237131,6251,616899899899899899-16.00
Liabilities8.5%24,52022,60319,98316,89913,47910,3347,1646,7164,4793,5143,1254,3185,5105,3495,188
Shareholder's Equity3.6%5,2355,0535,2585,2345,2085,1815,1865,2104,3774,2494,2075.005.000.00-
  Retained Earnings2.6%-1,804-1,852-1,585-1,537-1,503-1,463-1,389-1,293-1,183-1,072-1,042-116-6990.00-474
  Additional Paid-In Capital2.0%7,0406,9056,8486,7786,7206,6546,5836,5105,5625,3215,2501215795.00136
Shares Outstanding1.9%976958949940934893910853527430365116---
Float---7,400---4,000---10,000-1,001--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42018Q4
Cashflow From Operations90.8%-247-2,686-2,079-2,212-2,418-2,880-945-1,011-1,236-196-2573402.00-0.03122273--
  Share Based Compensation11.5%69.0062.0076.0064.0071.0078.0080.0077.0077.0073.0052.0037.0030.0027.0024.0020.00--
Cashflow From Investing-738.8%-1,413-168-267-40.15-51.41-50.01-54.8050.0031.00-15958.0018135.00-80532.0065.00--
Cashflow From Financing-25.3%1,9802,6512,8713,3843,0553,1922971,8951,120442269-1,145231807-36882.00--
  Buy Backs------------1.00--0.00---

SOFI Income Statement

2023-12-31
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
Other106,93913,8673,049
Total interest income2,051,067773,371355,020
Interest expense   
Securitizations and warehouses244,220110,12790,485
Deposits507,82059,7930
Corporate borrowings36,83318,43810,345
Other4549171,946
Total interest expense789,327189,275102,776
Net interest income1,261,740584,096252,244
Noninterest income   
Loan origination, sales, and securitizations371,812565,372482,764
Servicing37,32843,547(2,281)
Technology products and solutions323,972304,901191,847
Other127,93775,61960,298
Total noninterest income861,049989,439732,628
Total net revenue2,122,7891,573,535984,872
Noninterest expense   
Technology and product development511,419405,257276,087
Sales and marketing719,400617,823426,875
Cost of operations379,998313,226256,980
General and administrative511,011501,618498,534
Goodwill impairment247,17400
Provision for credit losses54,94554,3327,573
Total noninterest expense2,423,9471,892,2561,466,049
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, net6,410(7,260)(1,351)
Foreign currency translation adjustments, net67743546
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)945,024,160900,886,113526,730,261
Weighted average common stock outstanding - diluted (in shares)945,024,160900,886,113526,730,261

SOFI Balance Sheet

2023-12-31
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 equivalents530,558424,395
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)701,935396,769
Loans held for sale, at fair value15,396,77113,557,074
Loans held for investment, at fair value6,725,4840
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)836,159307,957
Servicing rights180,469149,854
Property, equipment and software216,908170,104
Goodwill1,393,5051,622,991
Intangible assets364,048442,155
Operating lease right-of-use assets89,63597,135
Other assets (less allowance for credit losses of $1,837 and $2,785 as of December 31, 2023 and 2022, respectively)554,366417,334
Total assets30,074,85819,007,675
Deposits [Abstract]  
Interest-bearing deposits18,568,9937,265,792
Noninterest-bearing deposits51,67076,504
Total deposits18,620,6637,342,296
Accounts payable, accruals and other liabilities549,748516,215
Operating lease liabilities108,649117,758
Debt5,233,4165,485,882
Residual interests classified as debt7,39617,048
Total liabilities24,519,87213,479,199
Commitments, guarantees, concentrations and contingencies (Note 18)
Temporary equity:  
Redeemable preferred stock, $0.00 par value: 100,000,000 and 100,000,000 shares authorized; 3,234,000 and 3,234,000 shares issued and outstanding as of December 31, 2023 and 2022, respectively[1]320,374320,374
Permanent equity:  
Common stock[2]9793
Additional paid-in capital7,039,9876,719,826
Accumulated other comprehensive loss(1,209)(8,296)
Accumulated deficit(1,804,263)(1,503,521)
Total permanent equity5,234,6125,208,102
Total liabilities, temporary equity and permanent equity30,074,85819,007,675
Variable Interest Entity, Primary Beneficiary  
Assets  
Restricted cash and restricted cash equivalents50,54768,151
Loans held for sale, at fair value502,757931,701
Loans held for investment, at fair value221,4610
Total assets774,765999,852
Deposits [Abstract]  
Accounts payable, accruals and other liabilities1,7733,053
Debt420,974771,454
Residual interests classified as debt7,39617,048
Total liabilities$ 430,143$ 791,555
[1]Redemption amount is $323,400 as of December 31, 2023 and 2022.
[2]Includes 100,000,000 non-voting common shares authorized and no non-voting common shares issued and outstanding as of December 31, 2023 and 2022. See Note 13. Equity for additional information.
SOFI
SoFi Technologies, Inc. provides various financial services. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money. It also offers personal loans, student loans, home loans, and related services. The company also operates Galileo, a technology platform that offers services to financial and non-financial institutions and brokerage services, as well as Technisys, a cloud-native digital and core banking platform with financial services customers. In addition, it offers checking and savings accounts; debit cards; and cash management products. Further, the company provides SoFi Invest, a mobile investment platform that provide its members access to trading and advisory solutions, such as active investing, robo-advisory, and digital assets accounts. The company was founded in 2011 and is headquartered in San Francisco, California.
 CEO
 WEBSITEsofi.com
 INDUSTRYCredit Services
 EMPLOYEES4200

SoFi Technologies, Inc. Frequently Asked Questions


What is the ticker symbol for SoFi Technologies, Inc.? What does SOFI stand for in stocks?

SOFI is the stock ticker symbol of SoFi Technologies, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SoFi Technologies, Inc. (SOFI)?

As of Thu Apr 18 2024, market cap of SoFi Technologies, Inc. is 6.97 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SOFI stock?

You can check SOFI's fair value in chart for subscribers.

What is the fair value of SOFI stock?

You can check SOFI's fair value in chart for subscribers. The fair value of SoFi Technologies, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SoFi Technologies, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SOFI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SoFi Technologies, Inc. a good stock to buy?

The fair value guage provides a quick view whether SOFI is over valued or under valued. Whether SoFi Technologies, Inc. is cheap or expensive depends on the assumptions which impact SoFi Technologies, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SOFI.

What is SoFi Technologies, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, SOFI's PE ratio (Price to Earnings) is -23.19 and Price to Sales (PS) ratio is 3.29. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SOFI PE ratio will change depending on the future growth rate expectations of investors.