Stock Track | SoFi Technologies Inc. Soars 5.03% on Better-than-Expected Earnings and Growth Prospects

Stock Track

Feb 27, 2025

SoFi Technologies Inc. (SOFI) stock surged 5.03% in the intraday trading session on Wednesday, following the company's impressive full-year 2024 financial results and upbeat growth projections.

The fintech company reported robust revenue growth of 28% year-over-year, reaching $2.64 billion for the fiscal year 2024. Moreover, SoFi Technologies achieved profitability, posting a net income of $479.1 million, a significant turnaround from the $341.2 million net loss in the previous fiscal year. The company's earnings per share (EPS) of $0.46 also exceeded analyst expectations.

Analysts at Jefferies reiterated their "Buy" rating on SoFi Technologies, citing the company's strong financial performance and positive outlook. According to industry forecasts, SoFi Technologies is expected to maintain a solid revenue growth rate of 14% per annum over the next three years, outpacing the average growth rate of the consumer finance industry in the United States.

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(SOFI) stock surged 5.03% in the intraday trading session on Wednesday, following the company's impressive full-year 2024 financial results and upbeat growth projections.</p>\n\n<p>The fintech company reported robust revenue growth of 28% year-over-year, reaching $2.64 billion for the fiscal year 2024. Moreover, SoFi Technologies achieved profitability, posting a net income of $479.1 million, a significant turnaround from the $341.2 million net loss in the previous fiscal year. The company's earnings per share (EPS) of $0.46 also exceeded analyst expectations.</p>\n\n<p>Analysts at Jefferies reiterated their \"Buy\" rating on SoFi Technologies, citing the company's strong financial performance and positive outlook. 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Soars 5.03% on Better-than-Expected Earnings and Growth Prospects\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-27 00:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SoFi Technologies Inc. (SOFI) stock surged 5.03% in the intraday trading session on Wednesday, following the company's impressive full-year 2024 financial results and upbeat growth projections.</p>\n\n<p>The fintech company reported robust revenue growth of 28% year-over-year, reaching $2.64 billion for the fiscal year 2024. Moreover, SoFi Technologies achieved profitability, posting a net income of $479.1 million, a significant turnaround from the $341.2 million net loss in the previous fiscal year. The company's earnings per share (EPS) of $0.46 also exceeded analyst expectations.</p>\n\n<p>Analysts at Jefferies reiterated their \"Buy\" rating on SoFi Technologies, citing the company's strong financial performance and positive outlook. According to industry forecasts, SoFi Technologies is expected to maintain a solid revenue growth rate of 14% per annum over the next three years, outpacing the average growth rate of the consumer finance industry in the United States.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SOFI","symbol_name":"SoFi Technologies Inc.","start_time":0,"source_url":"","article_id":"1185981278","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1185981278","pubTimestamp":1740588280,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"SoFi Technologies Inc.  stock surged 5.03% in the intraday trading session on Wednesday, following the company's impressive full-year 2024 financial results and upbeat growth projections.The fintech company reported robust revenue growth of 28% year-over-year, reaching $2.64 billion for the fiscal year 2024. Moreover, SoFi Technologies achieved profitability, posting a net income of $479.1 million, a significant turnaround from the $341.2 million net loss in the previous fiscal year. The company","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"translate_title":"股票赛道SoFi Technologies Inc.因盈利和增长前景好于预期而飙升5.03%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SOFI":1},"content_text":"SoFi Technologies Inc. (SOFI) stock surged 5.03% in the intraday trading session on Wednesday, following the company's impressive full-year 2024 financial results and upbeat growth projections.\nThe fintech company reported robust revenue growth of 28% year-over-year, reaching $2.64 billion for the fiscal year 2024. Moreover, SoFi Technologies achieved profitability, posting a net income of $479.1 million, a significant turnaround from the $341.2 million net loss in the previous fiscal year. 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