SoFi Technologies Reports Net Revenue of $697 Million and Net Income of $61 Million for Q3 2024, Demonstrating Durable Growth and Strong Returns

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Go back to SoFi Technologies Reports Net Revenue of $697 Million and Net Income of $61 Million for Q3 2024, Demonstrating Durable Growth and Strong Returns

SoFi Technologies (SOFI) PT Raised to $13 at Jefferies

October 29, 2024 3:42 PM EDT

Jefferies analyst John Hecht raised the price target on SoFi Technologies (NASDAQ: SOFI) to $13.00 (from $12.00) while maintaining a Buy rating.

The analyst comments "3Q24 results beat cons, driven by higher origination, NII, and non-interest rev from the new Loan Platform.... More

Mizuho Reiterates Outperform Rating on SoFi Technologies (SOFI)

October 29, 2024 11:01 AM EDT

Mizuho analyst Dan Dolev reiterated an Outperform rating and $14.00 price target on SoFi Technologies (NASDAQ: SOFI).

The analyst comments "SOFI is trading down 9% despite a stellar quarter. We believe bears are confused, as worries are unmerited. There had been concerns... More

Goldman Sachs Reiterates Neutral Rating on SoFi Technologies (SOFI)

October 29, 2024 7:56 AM EDT

Goldman Sachs analyst Michael Ng reiterated a Neutral rating and $7.50 price target on SoFi Technologies (NASDAQ: SOFI).

The analyst comments "SOFIs 3Q24 EBITDA of $186 mn beat GS/consensus of $182 mn/$166 mn with adjusted revenue of $689 mn beating GS/consensus of $637 mn/$636... More