SoFi (SOFI) rises as company hikes 2024 EBITDA guidance after Q1 beat
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April 30, 2024 6:11 AM EDT
BofA 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
April 30, 2024 6:02 AM EDT
UBS 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
April 30, 2024 5:29 AM EDT
Deutsche 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
April 29, 2024 7:03 AM EDT
SoFi Technologies (NASDAQ: SOFI) reported Q1 EPS of $0.02, $0.01 better than the analyst estimate of $0.01. Revenue for the quarter came in at $644.99 million versus the consensus estimate of $555.09 million.
GUIDANCE:
SoFi Technologies sees FY2024 revenue of $2.39-2.43 billion, versus the consensus of... More
