USD 13.2097
↓ -0.1903 (-1.42%)
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| SOFI | -1.4 | 10.1 | 29.8 | 91.2 | 81.7 | 79.2 | -42.4 | 26.0 | 26.0 | 26.0 |
| S&P 500 | -1.1 | -1.5 | 1.2 | 6.2 | 10.9 | 30.7 | 25.7 | 88.6 | 188.3 | 33219.9 |
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| Attribute | Value |
|---|---|
| symbol | SOFI |
| name | SoFi Technologies, Inc. |
| price | 13.21 |
| changes percentage | -1.42 |
| change | -0.19 |
| day low | 13.08 |
| day high | 13.37 |
| year high | 14.44 |
| year low | 6.01 |
| market cap | 14334505955 |
| price avg 50 | 9.57 |
| price avg 200 | 7.85 |
| exchange | NASDAQ |
| volume | 10182774 |
| avg volume | 50365237 |
| open | 13.22 |
| previous close | 13.40 |
| eps | 0.12 |
| pe | 110.08 |
| earnings announcement | 2025-02-03T05:00:00.000+0000 |
| shares outstanding | 1085150000 |
| timestamp | 2024-11-15 15:21:44 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001818874 | |||
| revenue | 2108215000 | 1573535000 | 33.98 |
| gross profit | 2108215000 | 0 | NaN |
| gross profit ratio | 1 | 0 | NaN |
| research and development expenses | 515664999 | 0 | NaN |
| operating expenses | 2108215000 | 1573535000 | 33.98 |
| interest income | 2051067000 | 773371000 | 165.21 |
| interest expense | 789327000 | 189275000 | 317.03 |
| ebitda | 936759000 | 0 | NaN |
| ebitdaratio | 0.44 | 0.01 | 3,090.57 |
| operating income | 247174000 | -129446000 | 290.95 |
| operating income ratio | 0.12 | -0.07 | 259.66 |
| net income | -300742000 | -320407000 | 6.14 |
| net income ratio | -0.14 | -0.2 | 29.94 |
| eps | -0.36 | -0.4 | 10.00 |
Revenue Growth: revenue increased to 2,108 million in 2023 from 1,574 million in 2022 representing a change of 33.98%. This indicates a sales growth, which is a positive sign for the company.
Gross Profit: Gross Profit increased to 2,108 million in 2023 from 0 million in 2022 representing a change of nan%. This indicates a sales profitability growth, which is a positive sign for the company.
Research and Development (R&D) Expenses: R&D Expenses increased to 516 million in 2023 from 0 million in 2022 representing a change of nan%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 937 million in 2023 from 0 million in 2022 representing a change of nan%. The increase in EBITDA indicates improved operational efficiency and profitability.
Operating Income: Operating income increased to 247 million in 2023 from -129 million in 2022 representing a change of 290.95%. The increase in operating income indicates better operational performance and increased profitability.
Earnings per Share (EPS): EPS increased to -0.36 in 2023 from -0.36 in 2022 representing a change of 10.0%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.
Operating Expenses: Operating Expenses increased to 2,108 million in 2023 from 1,574 million in 2022 representing a change of 33.98%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.
Net Income: Net income decreased to -301 million in 2023 from -320 million in 2022 representing a change of 6.14%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001818874 | |||
| revenue | 691108000 | 598618000 | 15.45 |
| gross profit | 989485000 | 0 | NaN |
| gross profit ratio | 1.43 | 0 | NaN |
| research and development expenses | 139714000 | 0 | NaN |
| operating expenses | 693798000 | 598618000 | 15.90 |
| interest income | 723374000 | 674595000 | 7.23 |
| interest expense | 292364000 | 262011000 | 11.58 |
| ebitda | 408010000 | 95159000 | 328.77 |
| ebitdaratio | 0.59 | 0.16 | 271.39 |
| operating income | 47855000 | 45536000 | 5.09 |
| operating income ratio | 0.07 | 0.05 | 30.87 |
| net income | 60745000 | 17404000 | 249.03 |
| net income ratio | 0.09 | 0.03 | 202.32 |
| eps | 0.05 | 0.01 | 442.00 |
Revenue Growth: revenue increased to 691 million in 2024Q3 from 599 million in 2024Q2 representing a change of 15.45%. This indicates a sales growth, which is a positive sign for the company.
Gross Profit: Gross Profit increased to 989 million in 2024Q3 from 0 million in 2024Q2 representing a change of nan%. This indicates a sales profitability growth, which is a positive sign for the company.
Research and Development (R&D) Expenses: R&D Expenses increased to 140 million in 2024Q3 from 0 million in 2024Q2 representing a change of nan%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.
Operating Income: Operating income increased to 48 million in 2024Q3 from 46 million in 2024Q2 representing a change of 5.09%. The increase in operating income indicates better operational performance and increased profitability.
Net Income: Net income increased to 61 million in 2024Q3 from 17 million in 2024Q2 representing a change of 249.03%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 0.05 in 2024Q3 from 0.05 in 2024Q2 representing a change of 442.0%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.
Operating Expenses: Operating Expenses increased to 694 million in 2024Q3 from 599 million in 2024Q2 representing a change of 15.9%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 408 million in 2024Q3 from 95 million in 2024Q2 representing a change of 328.77%. The decrease in EBITDA indicates declined operational efficiency and profitability.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001818874 | |||
| total assets | 30074858000 | 19007675000 | 58.22 |
| total liabilities | 24519872000 | 13479199000 | 81.91 |
| total equity | 5554986000 | 9219964000 | -39.75 |
| cash and cash equivalents | 3085020000 | 1421907000 | 116.96 |
| short term investments | 701935000 | 195438000 | 259.16 |
| long term investments | 724855000 | 396769000 | 82.69 |
| total current assets | 3786955000 | 1818676000 | 108.23 |
| total non current assets | 2969420000 | 2332385000 | 27.31 |
| total current liabilities | 362174000 | 117758000 | 207.56 |
| total non current liabilities | 24418767000 | 13361441000 | 82.76 |
| common stock | 97000 | 93000 | 4.30 |
| retained earnings | -1804263000 | -1503521000 | -20.00 |
| total debt | 5362633000 | 6106688000 | -12.18 |
Total Assets: Total Assets increased to 30,075 million in 2023 from 19,008 million in 2022 representing a change of 58.22%. Suggesting a growth in asset holdings.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 3,085 million in 2023 from 1,422 million in 2022 representing a change of 116.96%. This indicates an increase in available liquid assets.
Short Term Investments: Short Term Investments increased to 702 million in 2023 from 195 million in 2022 representing a change of 259.16%. This indicates an increase in short-term investment holdings.
Total Current Assets: Total Current Assets increased to 3,787 million in 2023 from 1,819 million in 2022 representing a change of 108.23%. This indicates a better liquidity position.
Common Stock: Common Stock increased to 0 in 2023 from 0 in 2022 representing a change of 4.3%. This indicates an increase in ownership interest.
Total Debt: Total Debt decreased to 5,363 million in 2023 from 6,107 million in 2022 representing a change of -12.18%. This indicates a reduction in overall debt burden.
Total Liabilities: Total Liabilities increased to 24,520 million in 2023 from 13,479 million in 2022 representing a change of 81.91%. This indicates an increase in overall liabilities.
Total Equity: Total Equity decreased to 5,555 million in 2023 from 9,220 million in 2022 representing a change of -39.75%. This indicates a decrease in shareholders' equity.
Total Current Liabilities: Total Current Liabilities increased to 362 million in 2023 from 118 million in 2022 representing a change of 207.56%. This indicates a higher short-term debt burden.
Retained Earnings: Retained Earnings decreased to -1,804 million in 2023 from -1,504 million in 2022 representing a change of -20.0%. This indicates an accumulated losses.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001818874 | |||
| total assets | 34380176000 | 32641979000 | 5.33 |
| total liabilities | 28258695000 | 26740485000 | 5.68 |
| total equity | 6121481000 | 5901494000 | 3.73 |
| cash and cash equivalents | 2354965000 | 2731632000 | -13.79 |
| short term investments | 0 | 212038000 | -100.00 |
| long term investments | 0 | 1566087000 | -100.00 |
| total current assets | 2354965000 | 2334589000 | 0.87 |
| total non current assets | 32025211000 | 30307390000 | 5.67 |
| total current liabilities | 0 | 486000000 | -100.00 |
| total non current liabilities | 28258695000 | 3107353000 | 809.41 |
| common stock | 108000 | 106000 | 1.89 |
| retained earnings | -1638071000 | -1698816000 | 3.58 |
| total debt | 3180863000 | 3208150000 | -0.85 |
Total Assets: Total Assets increased to 34,380 million in 2024Q3 from 32,642 million in 2024Q2 representing a change of 5.33%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 6,121 million in 2024Q3 from 5,901 million in 2024Q2 representing a change of 3.73%. This indicates an increase in shareholders' equity.
Total Current Assets: Total Current Assets increased to 2,355 million in 2024Q3 from 2,335 million in 2024Q2 representing a change of 0.87%. This indicates a better liquidity position.
Total Current Liabilities: Total Current Liabilities decreased to 0 million in 2024Q3 from 486 million in 2024Q2 representing a change of -100.0%. This indicates a lower short-term debt burden.
Common Stock: Common Stock increased to 0 in 2024Q3 from 0 in 2024Q2 representing a change of 1.89%. This indicates an increase in ownership interest.
Retained Earnings: Retained Earnings increased to -1,638 million in 2024Q3 from -1,699 million in 2024Q2 representing a change of 3.58%. This indicates an accumulated profits.
Total Debt: Total Debt decreased to 3,181 million in 2024Q3 from 3,208 million in 2024Q2 representing a change of -0.85%. This indicates a reduction in overall debt burden.
Total Liabilities: Total Liabilities increased to 28,259 million in 2024Q3 from 26,740 million in 2024Q2 representing a change of 5.68%. This indicates an increase in overall liabilities.
Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 2,355 million in 2024Q3 from 2,732 million in 2024Q2 representing a change of -13.79%. This indicates a decrease in available liquid assets.
Short Term Investments: Short Term Investments decreased to 0 million in 2024Q3 from 212 million in 2024Q2 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001818874 | |||
| net change in cash | 1769276000 | 1077865000 | 64.15 |
| operating cash flow | -7227139000 | -7255044000 | 0.38 |
| free cash flow | -7348331000 | -7358777000 | 0.14 |
| capital expenditure | -121192000 | -103733000 | -16.83 |
| depreciation and amortization | 201416000 | 151360000 | 33.07 |
| deferred income tax | -15828000 | -6651000 | -137.98 |
| stock based compensation | 271216000 | 305994000 | -11.37 |
| accounts payables | 42088000 | 10332000 | 307.36 |
| inventory | 0 | 0 | NaN |
| acquisitions net | -72301000 | 58540000 | -223.51 |
| investments in property plant and equipment | -111409000 | -103733000 | -7.40 |
| net cash used for investing activites | -1889864000 | -106333000 | -1,677.31 |
| debt repayment | -279819000 | 1341595000 | -120.86 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -15300000 | -8983000 | -70.32 |
| dividends paid | -40425000 | -40425000 | 0.00 |
| net cash used provided by financing activities | 10885602000 | 8439485000 | 28.98 |
| cash at end of period | 3615578000 | 1846302000 | 95.83 |
| accounts receivables | 0 | 0 | NaN |
| cash at beginning of period | 1846302000 | 768437000 | 140.27 |
Net Change in Cash: Net Change in Cash increased to 1,769 million in 2023 from 1,078 million in 2022 representing a change of 64.15%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to -7,227 million in 2023 from -7,255 million in 2022 representing a change of 0.38%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to -7,348 million in 2023 from -7,359 million in 2022 representing a change of 0.14%. This indicates an increase in cash generated after accounting for capital expenditures.
Capital Expenditure: Capital Expenditure decreased to -121 million in 2023 from -104 million in 2022 representing a change of -16.83%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Stock-Based Compensation: Stock-Based Compensation decreased to 271 million in 2023 from 306 million in 2022 representing a change of -11.37%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
Accounts Payables: The absolute value of Accounts Payables increased to 42 million in 2023 from 10 million in 2022 representing a change of 307.36%. This indicates that the company has increased its outstanding obligations to its suppliers.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001818874 | |||
| operating cash flow | -1173581000 | -2280999 | -51,350.31 |
| free cash flow | -1219382000 | -41753999 | -2,820.40 |
| capital expenditure | -45801000 | -39473000 | -16.03 |
| depreciation and amortization | -98162000 | 49623000 | -297.82 |
| deferred income tax | 176000 | -2143000 | 108.21 |
| stock based compensation | 63646000 | 61057000 | 4.24 |
| accounts receivables | 0 | 0 | NaN |
| accounts payables | 14273000 | -6862000 | 308.00 |
| inventory | 0 | 0 | NaN |
| acquisitions net | 0 | 0 | NaN |
| investments in property plant and equipment | 73585000 | -39473000 | 286.42 |
| net cash used for investing activites | -84005000 | -2677007000 | 96.86 |
| debt repayment | 0 | 207266000 | -100.00 |
| common stock issued | -632000 | 166000 | -480.72 |
| common stock repurchased | -632000 | -323400000 | 99.80 |
| dividends paid | -16503000 | -16503000 | 0.00 |
| net cash used provided by financing activities | 1495150000 | 1263148000 | 18.37 |
| net change in cash | 238127000 | -1416276000 | 116.81 |
| cash at end of period | 2969759000 | 2731632000 | 8.72 |
| cash at beginning of period | 2731632000 | 4147908000 | -34.14 |
Net Change in Cash: Net Change in Cash increased to 238 million in 2024Q3 from -1,416 million in 2024Q2 representing a change of 116.81%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Capital Expenditure: Capital Expenditure decreased to -46 million in 2024Q3 from -39 million in 2024Q2 representing a change of -16.03%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Operating Cash Flow: Operating Cash Flow decreased to -1,174 million in 2024Q3 from -2 million in 2024Q2 representing a change of -51350.31%. This indicates that the company generated less cash from its core business operations.
Free Cash Flow: Free Cash Flow decreased to -1,219 million in 2024Q3 from -42 million in 2024Q2 representing a change of -2820.4%. This indicates a decrease in cash generated after accounting for capital expenditures.
Deferred Income Tax: Deferred Income Tax increased to 0 million in 2024Q3 from -2 million in 2024Q2 representing a change of 108.21%. This indicates that the company's tax liability for future periods has increased.
Stock-Based Compensation: Stock-Based Compensation increased to 64 million in 2024Q3 from 61 million in 2024Q2 representing a change of 4.24%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.
Accounts Payables: The absolute value of Accounts Payables increased to 14 million in 2024Q3 from 7 million in 2024Q2 representing a change of 308.0%. This indicates that the company has increased its outstanding obligations to its suppliers.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q3 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2023-12-31 | 2022-12-31 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2023 | 2022 | NaN |
| revenue per share | 2.23 | 1.75 | 27.72 |
| net income per share | -0.32 | -0.36 | 10.52 |
| operating cash flow per share | -7.65 | -8.05 | 5.04 |
| free cash flow per share | -7.78 | -8.17 | 4.81 |
| cash per share | 4.01 | 1.8 | 123.21 |
| book value per share | 5.88 | 6.14 | -4.21 |
| tangible book value per share | 3.83 | 3.69 | 3.75 |
| shareholders equity per share | 5.88 | 6.14 | -4.21 |
| interest debt per share | 6.38 | 5.78 | 10.42 |
| market cap | 9402990392 | 4153084980.93 | 126.41 |
| enterprise value | 11680603392 | 8837865980.93 | 32.17 |
| pe ratio | -31.27 | -12.96 | -141.21 |
| price to sales ratio | 4.46 | 2.64 | 68.99 |
| pocfratio | -1.3 | -0.57 | -127.28 |
| pfcf ratio | -1.28 | -0.56 | -126.73 |
| pb ratio | 1.69 | 0.75 | 125.33 |
| ptb ratio | 1.69 | 0.75 | 125.33 |
| ev to sales | 5.54 | 5.62 | -1.35 |
| enterprise value over ebitda | 12.47 | 0 | NaN |
| ev to operating cash flow | -1.62 | -1.22 | -32.68 |
| ev to free cash flow | -1.59 | -1.2 | -32.35 |
| earnings yield | -0.03 | -0.08 | 58.54 |
| free cash flow yield | -0.78 | -1.77 | 55.89 |
| debt to equity | 0.94 | 0.91 | 3.96 |
| debt to assets | 0.17 | 0.26 | -33.98 |
| net debt to ebitda | 2.43 | 0 | NaN |
| current ratio | 10.46 | 15.44 | -32.30 |
| interest coverage | 0.31 | -0.68 | 145.79 |
| income quality | 24.03 | 22.64 | 6.13 |
| dividend yield | 0.0 | 0.01 | -55.83 |
| payout ratio | -0.13 | -0.13 | -6.54 |
| sales general and administrative to revenue | 0.24 | 0.32 | -23.96 |
| research and ddevelopement to revenue | 0.24 | 0 | NaN |
| intangibles to total assets | 0.06 | 0.12 | -44.46 |
| capex to operating cash flow | -0.02 | -0.01 | -17.28 |
| capex to revenue | 0.06 | 0.07 | -12.80 |
| capex to depreciation | 0.6 | 0.69 | -12.20 |
| stock based compensation to revenue | 0.13 | 0.19 | -33.84 |
| graham number | 6.49 | 7.01 | -7.42 |
| roic | 0.02 | -0.01 | 285.28 |
| return on tangible assets | -0.01 | -0.02 | 43.95 |
| graham net net | -21.94 | -12.13 | -80.94 |
| working capital | 3424781000 | 1700918000 | 101.35 |
| tangible asset value | 3616964000 | 3323271000 | 8.84 |
| net current asset value | -20732917000 | -11660523000 | -77.80 |
| invested capital | 5669346000 | 4183157000 | 35.53 |
| average receivables | 0 | 0 | NaN |
| average payables | 152245000 | 151319000 | 0.61 |
| average inventory | 938529500 | 1302130000 | -27.92 |
| days sales outstanding | 0 | 0 | NaN |
| days payables outstanding | 0 | 0 | NaN |
| days of inventory on hand | 0 | 0 | NaN |
| receivables turnover | 0 | 0 | NaN |
| payables turnover | 0 | 0 | NaN |
| inventory turnover | 0 | 0 | NaN |
| roe | -0.05 | -0.06 | 6.59 |
| capex per share | 0.13 | 0.12 | 11.37 |
ROE: Return on Equity (ROE) increased to -0.05 on 2023-12-31 from -0.06 on 2022-12-31, representing a change of 6.59%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -31.27 on 2023-12-31 from -12.96 on 2022-12-31, representing a change of -141.21%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 10.46 on 2023-12-31 from 15.44 on 2022-12-31, representing a change of -32.30%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.
Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.94 on 2023-12-31 from 0.91 on 2022-12-31, representing a change of 3.96%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
| 2024-09-30 Q3 | 2024-06-30 Q2 | Q/Q change % | |
|---|---|---|---|
| SOFI | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 0.65 | 0.57 | 14.10 |
| net income per share | 0.06 | 0.02 | 244.93 |
| operating cash flow per share | -1.1 | -0.0 | -50,746.65 |
| free cash flow per share | -1.14 | -0.04 | -2,786.13 |
| cash per share | 2.2 | 2.78 | -20.94 |
| book value per share | 5.71 | 5.57 | 2.51 |
| tangible book value per share | 3.84 | 3.67 | 4.72 |
| shareholders equity per share | 5.71 | 5.57 | 2.51 |
| interest debt per share | 3.24 | 3.18 | 1.87 |
| market cap | 8419315603.56 | 6806746187.06 | 23.69 |
| enterprise value | 9245213603.56 | 7283264187.06 | 26.94 |
| pe ratio | 34.65 | 97.78 | -64.56 |
| price to sales ratio | 12.18 | 11.37 | 7.14 |
| pocfratio | -7.17 | -2984.11 | 99.76 |
| pfcf ratio | -6.9 | -163.02 | 95.76 |
| pb ratio | 1.38 | 1.15 | 19.25 |
| ptb ratio | 1.38 | 1.15 | 19.25 |
| ev to sales | 13.38 | 12.17 | 9.95 |
| enterprise value over ebitda | 22.66 | 76.54 | -70.39 |
| ev to operating cash flow | -7.88 | -3193.02 | 99.75 |
| ev to free cash flow | -7.58 | -174.43 | 95.65 |
| earnings yield | 0.01 | 0.0 | 182.18 |
| free cash flow yield | -0.14 | -0.01 | -2,261.05 |
| debt to equity | 0.52 | 0.53 | -1.31 |
| debt to assets | 0.09 | 0.1 | -2.81 |
| net debt to ebitda | 2.02 | 5.01 | -59.58 |
| current ratio | 0 | 4.8 | -100.00 |
| interest coverage | 0.16 | 0.17 | -5.82 |
| income quality | -19.32 | -0.13 | -14,640.99 |
| dividend yield | 0.0 | 0.0 | -19.15 |
| payout ratio | 0.27 | 0.95 | -71.35 |
| sales general and administrative to revenue | 0.22 | 0.24 | -11.04 |
| research and ddevelopement to revenue | 0.2 | 0 | NaN |
| intangibles to total assets | 0.06 | 0.06 | -5.61 |
| capex to operating cash flow | -0.04 | -17.31 | 99.77 |
| capex to revenue | 0.07 | 0.07 | 0.50 |
| capex to depreciation | -0.47 | 0.8 | -158.66 |
| stock based compensation to revenue | 0.09 | 0.1 | -9.71 |
| graham number | 2.7 | 1.44 | 88.04 |
| roic | 0.0 | 0.01 | -14.66 |
| return on tangible assets | 0.0 | 0.0 | 230.16 |
| graham net net | -24.18 | -22.48 | -7.58 |
| working capital | 2354965000 | 1848589000 | 27.39 |
| tangible asset value | 4116890000 | 3885214000 | 5.96 |
| net current asset value | -25903730000 | -24405896000 | -6.14 |
| invested capital | 4709931000 | 4194507000 | 12.29 |
| average receivables | 0 | 0 | NaN |
| average payables | 0 | 277092500 | -100.00 |
| average inventory | 0 | 1846695000.5 | -100.00 |
| days sales outstanding | 0 | 0 | NaN |
| days payables outstanding | 0 | 0 | NaN |
| days of inventory on hand | 0 | 0 | NaN |
| receivables turnover | 0 | 0 | NaN |
| payables turnover | 0 | 0 | NaN |
| inventory turnover | 0 | 0 | NaN |
| roe | 0.01 | 0.0 | 236.49 |
| capex per share | 0.04 | 0.04 | 14.67 |
ROE: Return on Equity (ROE) increased to 0.01 on 2024-09-30 Q3 from 0.00 on 2024-06-30 Q2, representing a change of 236.49%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 34.65 on 2024-09-30 Q3 from 97.78 on 2024-06-30 Q2, representing a change of -64.56%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 0.00 on 2024-09-30 Q3 from 4.80 on 2024-06-30 Q2, representing a change of -100.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.52 on 2024-09-30 Q3 from 0.53 on 2024-06-30 Q2, representing a change of -1.31%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
None
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Positive
Publish Date: 2024-11-15 09:00:00
SoFi Technologies has overcome a challenging environment, showing strong share price recovery and significant member growth, indicating customer satisfaction with its products and services. Despite risks from competition and economic factors, SoFi's robust loan origination and diversified revenue streams support a bullish outlook for continued growth. Q3 2024 results highlight exceptional member and deposit growth, with SoFi outperforming legacy banks and demonstrating impressive financial metrics and profitability.
Sentiment: Positive
Publish Date: 2024-11-14 23:19:48
If you’re thinking about withdrawing $10,000 in cash from your checking account to play blackjack during your week-long trip to Las Vegas, you might want to know what happens when you do. The Bank Secrecy Act was passed by Congress in 1970 to fight money laundering in the U.S. Under the Act, financial institutions are required to report cash transactions over $10,000. The form filed with the Financial Crimes Enforcement Network (FinCEN) is called a Currency Transaction Report (CTR). Here’s what will happen when you go to your bank to withdraw $10,000 or more. Could Trigger a Federal Report Importantly, it’s best to avoid splitting the withdrawal into two parts to fall below the $10,000 minimum because that action will raise suspicion unnecessarily. The CTR is generally a formality. However, plan to keep receipts for money spent at the casino or wherever you plan to use the funds so that you have a paper trail at tax time should the Internal Revenue Service have more questions. It also helps to speak to an employee of your bank before you withdraw $10,000 or more so that they’ll have the funds on hand and can complete the form ahead of time. Possible Delay Scenarios As mentioned in the previous section, a common (minimal) delay is for bank employees to fill out the paperwork. However, it’s important to be aware of these other scenarios in which you could experience delays in receiving your cash because of the size of your withdrawal. First, your bank may ask for additional identification verification beyond what you’ve already provided. A withdrawal of $10,000 or more is likely to draw attention, especially if the account doesn’t normally experience such activity. To save time, ensure you have the proper ID. Depending on the type of account you’re withdrawing the funds from, where there could be daily limits, etc., that prevent you from obtaining the entire amount immediately. Lastly, and this might seem like an obvious one, do ensure you have the funds available in the account for withdrawal. In addition, if you don’t have overdraft protection, and you try to withdraw the funds, your request will be denied. The Personal Finance Angle In addition to the legal aspects of withdrawing $10,000 or more from your bank, there are practical personal finance issues to consider. If you withdraw $10,000 from your bank account, bringing your balance below the minimum required for the account, you could be assessed fees and/or penalties. Further, you could lose out on significant interest if the funds are from a high-interest savings account. For example, if you put $10,000 into a SoFi High-Yield Savings Account at 4.55% interest, you would earn $1,411.66 in interest over three years, assuming the interest rate remained the same and your initial $10,000 deposit was untouched. Lastly, if the $10,000 was part of a larger emergency fund—some financial experts recommend three to six months’ living expenses—you could be jeopardizing your financial well-being. These are just a few things to consider when planning a large cash withdrawal. Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored) Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today. Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month. Click here now to get started. The post Here Is What Happens When You Withdraw Over $10,000 From Your Bank Account appeared first on 24/7 Wall St..
Sentiment: Positive
Publish Date: 2024-11-14 23:19:47
SoFi Technologies (NASDAQ: SOFI) made its public debut on June 1, 2021, through a merger with a special purpose acquisition company (SPAC), Social Capital Hedsophia Holding Corp. V, led by Chamath Palihapitiya. Before the merger, the company was originally known as Social Finance, which started as a student loan financing firm before expanding into loans, and mortgage products among other finance products. After the SPAC acquisition, SoFi was equipped with substantial capital to enhance its technology stack to better scale its 2020 acquisition of Galileo. The Galileo platform was developed to deploy a wide range of financial services quickly, giving SoFi the tools to take numerous financial products to a mass market. SoFi IPO’d at $10 per share and quickly jumped 150%, but the stock has been lackluster since, now trading at $13.50 per share, down 47.63%. However, investors only care about what happens from this point on, particularly over the next 1, 3, and 5 years and beyond. Let’s crunch the numbers and give you our best guess on SoFi’s future share price. No one has a crystal ball and even the Wall Street “experts” are often wrong more than they are right in predicting future stock prices. But we give you our revenue and earnings projections as our peer-to-peer valuation. Key Points in this Article: SoFi Technologies is a premier online financial solutions platform targeting a more affluent demographic. 24/7 Wall Street projects a 30.07% upside on the stock through the end of the decade. If you’re looking for a megatrend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. The report includes a complete industry map of AI investments that includes many small caps. Recent SoFi Stock Updates and News 11/14/2024 SoFi has announced that the company’s CFO, Chris Lapointe, will participate in a fireside chat discussion during the upcoming UBS Global Technology and AI Conference on December 3rd. 11/12/2024 SoFi is modifying its robo-advisor, which will now feature an annual fee. The annual fee, which kicks in on December 10th, is designed to cover the costs of managing and maintaining the platform, as well as providing access to a team of financial advisors. 11/11/2024 SoFi’s shares increased today 8.46%, marking the fifth consecutive trading day of gains. In the past month, SoFi’s stock has increased 57%. 11/8/2024 SoFi’s stock price increased by 4.6% today, reaching a high of $12.45. Trading volume, however, was much lower than average. 11/7/2024 SoFi saw a modern 1.5% increase in its share price today, reaching a high of $12.10. Trading volume was significantly lower than average, with only 12 million shares changing hands. 11/6/2024 SoFi’s shares rose 3% today following the U.S. presidential election. 11/5/2024 SoFi’s stock price increased 5.3% today, trading as high as $11.52. 11/1/2024 Despite beating analyst estimates for both earnings and revenue in the third quarter, SoFi’s stock price initially fell. However, recently the stock price surged, possibly due to investor confusion. 10/29/2024 SoFi reported strong third-quarter results, with a 35% year-over-year increase in members to 9.4 million. While revenue growth was slightly slower at 30%, CEO Anthony Noto expressed confidence in the company’s “durable” growth trends. The company also saw improvements in credit quality, with declining charge-offs and delinquencies on personal loans. This positive trend is expected to contribute to increased net interest income, which grew 25% during the quarter. 10/28/2024 SoFi’s stock price has experienced a significant surge, reaching a 52-week high of $11.3. The stock has climbed 64.05% over the past year, outperforming many of its peers. SoFi Financials’ Recent Stock Record Here’s a table summarizing performance in share price, revenue, and profits (net income) from IPO. Share Price Revenue Net Income 2021 $12.50 $977.3 ($483.9) 2022 $15.81 $1,519.2 ($320.4) 2023 $4.62 $2,067.8 ($300.7) 2024 LTM $8.22 $2,343.5 ($113.3) *Revenue and Net Income in millions In the last 4 years, SoFi has more than doubled revenue but that top-line growth also carried a jump in total operating costs, particularly the $720 million in sales and marketing expense in 2023. However, the increases in operating costs are money well spent with in-house technology improvements and member-generating marketing spending. Chart Source: YCharts SoFi is close to hitting an inflection point in profitability and has done a stellar job of expanding revenue and improving earnings per share (EPS). As SoFi’s revenue grows, it becomes more profitable, meaning its costs per customer decrease. This scalability is important because it indicates that as the company grows, it will become even more profitable. Given that the industry is growing and SoFi is outperforming its peers, there’s strong optimism that SoFi’s earnings per share will continue to rise. Key Drivers of SoFi’s Stock Performance Expansion Financial Services: SoFi’s ambition to become a one-stop shop for financial services will likely drive future growth. The company plans to continue expanding its product lineup, including new lending products, investment options, and insurance services, which will cater to a broader range of financial needs. Bank Charter and Deposit Base Expansion: Obtaining a national banking charter allows SoFi to use its growing deposit base to fund lending operations more efficiently. This access to lower-cost funds is expected to drive net interest income growth, enhancing profitability as SoFi scales its banking operations. Cross-Selling and Customer Retention: SoFi’s strategy of cross-selling its wide array of financial products aims to increase the average number of products per customer. This integrated approach is expected to improve customer retention and lifetime value, thereby boosting overall revenue and profitability. SoFi Technologies (SOFI) Stock 1-Year Price Prediction The Wall Street consensus 1-year price target for SoFi Technologies is $9.00, which is a -33.33% downside over today’s stock price. Of the 15 analysts covering the stock, the stock is a consensus “Hold” with a 2.88 rating. (1 being a “Strong Buy” and 5 a “Strong Sell”). SoFi’s Share Price Estimates 2025-2030 Year Est. Revenue ($B) Est. Net Income ($B) Est. EPS Normalized Price to Sales Multiple Est. Market Cap ($B) 2024 $2.47 $0.164 $0.08 3.5 $8.64 2025 $2.84 $0.32 $0.21 3.5 $9.94 2026 $3.45 $0.584 $0.43 3.5 $12.08 2027 $3.79 $0.707 $0.62 3.5 $13.27 2028 $4.33 $0.902 $0.83 3.5 $15.16 2029 $4.84 $1.096 $1.02 3.5 $16.94 2030 $5.34 $1.279 $1.10 3.5 $18.69 24/7 Wall Street compared other fintech/ lenders when deciding on our price-to-sales valuation of 3.5 times for the entire time frame of our analysis. Included in the analysis were Block (NYSE:SQ), PayPal (NASDAQ: PYPL), Upstart Holdings (NASDAQ: UPST), LendingClub (NYSE: LC), and Affirm (NASDAQ: AFRM) which gives us a blending valuation of around 3.3 times sales. How SoFi Technologies’ Next 5 Years Could Play Out We expect to see revenue growth of 15.3% and EPS of $0.21 for 2025. We expect the stock to still trade at a similar multiple next year, putting our estimate for the stock price for SoFi at $9.33 in 2025, which is -30.89% higher than the stock is trading today. Going into 2026, we estimate the price to be $11.35, with revenue growth coming in at 14.2% year-over-year. With an EPS of $0.43, this would represent a -15.93% loss over today’s share price of $13.50. Heading into 2027, we expect the stock price increase not to be as pronounced, with earnings estimates of $0.62 per share. The stock price target for the year is $12.46. That is a 9.81% increase from the previous year, but still down -7.70% from today’s stock price. When predicting more than 3 years out, we expect SoFi to remain growing its top line at 12% and be more efficient, with an EPS of $0.83 suggesting a stock price estimate at $14.23 or a gain of 5.41% over the current stock price. We expect SoFi to continue its growth and to generate $1.02 per share of earnings. With a price to earnings multiple of 15, the stock price in 2029 is estimated at $15.9, or a gain of 17.78% over today’s price. SoFi Technologies Stock Price Target for 2030 We estimate SoFi’s stock price to be $17.56 per share with a 10% year-over-year revenue growth. Our estimated stock price will be 30.07% higher than the current stock price of $13.50. Year Price Target % Change From Current Price 2024 $8.11 Upside of -39.93% 2025 $9.33 Upside of -30.89% 2026 $11.35 Upside of -15.93% 2027 $12.46 Upside of -7.70% 2028 $14.23 Upside of 5.41% 2029 $15.90 Upside of 17.78% 2030 $17.56 Upside of 30.07% Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored) Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today. Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month. Click here now to get started. The post SoFi Technologies (SOFI) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St..
Sentiment: Positive
Publish Date: 2024-11-14 11:12:00
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced that it will participate in an upcoming investor conference. SoFi's CFO, Chris Lapointe, will participate in a moderated fireside chat discussion at the UBS Global Technology and AI Conference. Full session details for the conference appearance are as follows: UBS Global Tech.
Sentiment: Positive
Publish Date: 2024-11-14 06:55:00
NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- SoFi, a leading provider of thematic and income ETFs, today announced monthly distributions on the SoFi Enhanced Yield ETF (THTA). Distribution as of 11/14/2024 ETF Ticker Distribution per Share Distribution Rate * 30-Day SEC Yield** Ex-Date Record Date Payment Date THTA $0.1913 12.00% 4.10% 11/15/2024 11/15/2024 11/18/2024 Inception date: 11/15/2023 Click here to view standardized performance for THTA.
Sentiment: Positive
Publish Date: 2024-11-14 04:05:00
Shares have soared 70% since the start of October.
Sentiment: Positive
Publish Date: 2024-11-12 15:58:00
Liz Young Thomas, head of investment strategy at SoFi; Drew Matus, MetLife Investment Management, chief market strategist; and Emily Leveille, Thornburg Investment Management portfolio manager, join CNBC's 'Closing Bell' to discuss market outlooks.
Sentiment: Positive
Publish Date: 2024-11-12 07:08:52
SoFi's Q3 2024 results include a 35% YoY increase in new members and a 37% YoY rise in new products, with a decent improvement in revenue and EBITDA margin. Fee-based income now constitutes 25% of adjusted net revenue, making earnings more stable and less tied to interest rates. SoFi is launching fraud prevention tools and offering alternative investments like real estate and private credit.
Sentiment: Positive
Publish Date: 2024-11-11 15:10:39
SoFi Technologies Inc (NASDAQ: SOFI) touched a high of $14.42 this morning – a level that was last seen in early 2022. The financial services company has rallied over 30% since election day amidst expectations that it will benefit from a more accommodative regulatory backdrop under the new government.
Sentiment: Positive
Publish Date: 2024-11-11 14:29:00
Shares of fintech SoFi Technologies are on track for their best stretch of five trading days in more than a year.
Sentiment: Positive
Publish Date: 2024-11-11 11:57:00
The neobanking stock has been on a tear in the wake of the election.
Sentiment: Positive
Publish Date: 2024-11-11 07:30:00
SoFi Technologies might be the next big winner in the financial sector
Sentiment: Positive
Publish Date: 2024-11-08 11:34:00
Upstart's upbeat lending results could be giving SoFi investors more optimism, according to a Mizuho analyst.
Sentiment: Positive
Publish Date: 2024-11-08 10:46:43
The CEO feels that the company has never been in such good shape heading into a new year.
Sentiment: Positive
Publish Date: 2024-11-07 16:27:00
President-elect Donald Trump and other Republicans have made no secret of their desire to abolish the U.S. Department of Education and limit the federal government's role in the student-loan market.
Sentiment: Positive
Publish Date: 2024-11-07 14:01:03
Donald Trump's decisive presidential victory and Republican control of both houses of congress sent the markets soaring yesterday.
Sentiment: Positive
Publish Date: 2024-11-07 13:00:54
Does SoFi Technologies, Inc. (SOFI) have what it takes to be a top stock pick for momentum investors? Let's find out.
Sentiment: Positive
Publish Date: 2024-11-07 08:13:00
SoFi is making some interesting moves that could pay off in the long run.
Sentiment: Positive
Publish Date: 2024-11-07 05:00:00
Internal and external factors are now both working in its favor.
Sentiment: Neutral
Publish Date: 2024-11-07 04:15:00
The financial services company is on a path to becoming one of the largest institutions in its category.
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
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| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
| Volume ⓘ | Increasing volume during price uptrend | Increasing volume during price downtrend |
| MACD ⓘ | MACD crosses above Signal Line | MACD crosses below Signal Line |
| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
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