SoFi Technologies Reports Q1 2024 Net Revenue of $645 Million and Net Income of $88 Million, Marking Second Consecutive Quarter of GAAP Profitability
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SoFi Technologies (SOFI) PT Lowered to $9 at BofA Securities
April 30, 2024 6:11 AM EDTBofA Securities analyst Mihir Bhatia lowered the price target on SoFi Technologies (NASDAQ: SOFI) to $9.00 (from $9.50) while maintaining a Neutral rating.
The analyst comments "Neutral-rated SoFi Technologies (SOF) reported 1Q24 adj. revenue/EBITDA of $581M/$144M well above BofAe/consensus at $564M/$123M and... More
SoFi Technologies (SOFI) PT Lowered to $7.50 at UBS
April 30, 2024 6:02 AM EDTUBS analyst Tim Chiodo lowered the price target on SoFi Technologies (NASDAQ: SOFI) to $7.50 (from $8.00) while maintaining a Neutral rating.
The analyst comments "SoFi reported adjusted net revenue of $581mm (~4% above Street) driven by beats in Lending and Other revenue, while Financial Services and Technology Platform missed. Adjusted EBITDA of $144mm came in better than... More
SoFi Technologies (SOFI) PT Lowered to $11 at Deutsche Bank
April 30, 2024 5:29 AM EDTDeutsche Bank analyst Mark DeVries lowered the price target on SoFi Technologies (NASDAQ: SOFI) to $11.00 (from $12.00) while maintaining a Hold rating.
The analyst comments "We do view the shares as fundamentally undervalued, but given the volatility of the stock and how... More
SoFi (SOFI) rises as company hikes 2024 EBITDA guidance after Q1 beat
April 29, 2024 7:08 AM EDTShares of SoFi Technologies (NASDAQ: SOFI) climbed more than 4% in premarket trading Monday after the company raised its EBITDA guidance for the full fiscal year, beating consensus projections.
For the fiscal Q1 2024, SoFi posted Q1 earnings per share (EPS) of $0.02, surpassing the consensus estimate of $0.01.... More
