SoFi Technologies

SOFI

Market cap $22.6B

SoFi's top-tier user experience and focus on product innovation will help it bring on new customers and drive revenue growth. This has now become a consistently profitable business, with the bottom line set to soar going forward.

In this video, I will cover SoFi (SOFI 0.98%) and explain why $30 a share isn't that far away. Watch the short video to learn more, consider subscribing, and click the special offer link below.

SoFi stock fell from $33 to $19 after $3.2 billion in equity raises diluted shares by roughly 16% in six months. Q4 delivered $1.0 billion in revenue, $174 million in GAAP net income, and $318 million in adjusted EBITDA at a 31% margin. Loan Platform Business generated $194 million in quarterly revenue, accelerating fee-based mix and reducing balance sheet intensity.

SoFi Technologies (SOFI +3.32%) may be quietly setting up for a powerful rerating. After a steep sell-off, Wall Street just issued a bold upgrade, while revenue and member growth continue to compound at impressive rates.

SoFi Technologies adds 1.02M members as revenues rise 40% y/y. Dave posts a 63% y/y surge and tighter credit metrics.

Shares of neobank Nu are well up for the past couple of years. A comparable rival's stock, however, is well down after an overly bearish response to recent headlines.

SoFi Technologies ( NASDAQ:SOFI | SOFI Price Prediction ) has transformed itself over the past few years from a student loan refinancing outfit to a full-line, online financial services company.

Expand NASDAQ: SOFI SoFi Technologies Today's Change (-4.21%) $-0.80 Current Price $18.22 Key Data Points Market Cap $24B Day's Range $17.59 - $18.75 52wk Range $8.60 - $32.73 Volume 1.9M Avg Vol 55M Gross Margin 61.06% SoFi Technologies (SOFI 4.21%), a digital-first banking and lending platform, closed Monday's session at $18.23, down 4.15%. The stock declined as investors responded to its lowest price since July and are watching for signs of stabilization after a strong prior-year rally.

SoFi stock price continued its strong downward trend this year, moving to its lowest level since July last year. It has slumped by over 42% from its highest level in November last year, and technical analysis suggests that it has more downside to go.

The Direxion Daily SoFi Bull 2X ETF is designed to double the daily investment results of SoFi stock. There's a lot to like about SoFi right now, and this could be a way for risk-tolerant investors to gain exposure.