SoFi TechnologiesSOFI
About: SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.
Employees: 4,400
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
54% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 71
38% more repeat investments, than reductions
Existing positions increased: 220 | Existing positions reduced: 159
28% more capital invested
Capital invested by funds: $3.1B [Q2] → $3.96B (+$856M) [Q3]
20% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 6 (+1) [Q3]
5% more funds holding
Funds holding: 577 [Q2] → 607 (+30) [Q3]
2.47% more ownership
Funds ownership: 44.38% [Q2] → 46.85% (+2.47%) [Q3]
10% more call options, than puts
Call options by funds: $672M | Put options by funds: $612M
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Keefe, Bruyette & Woods Timothy Switzer 85% 1-year accuracy 17 / 20 met price target | 42%downside $8 | Underperform Downgraded | 2 Jan 2025 |
Morgan Stanley Jeffrey Adelson 33% 1-year accuracy 1 / 3 met price target | 6%downside $13 | Underweight Maintained | 19 Dec 2024 |
B of A Securities Mihir Bhatia 91% 1-year accuracy 10 / 11 met price target | 13%downside $12 | Underperform Downgraded | 9 Dec 2024 |
JP Morgan Reginald Smith 58% 1-year accuracy 15 / 26 met price target | 16%upside $16 | Neutral Maintained | 2 Dec 2024 |
Mizuho Dan Dolev 75% 1-year accuracy 40 / 53 met price target | 16%upside $16 | Outperform Maintained | 19 Nov 2024 |
Financial journalist opinion
Based on 43 articles about SOFI published over the past 30 days