SoFi Technologies

SoFi Technologies reported robust Q2 growth with adjusted net revenue up 40% year‑over‑year, record loan originations of $14.8 billion, revenue up 63%, net interest income +54% and loan origination fees +64%. The platform added 1.1 million members and 2.2 million products, with cross‑buy rising to 51% and SoFi Plus driving recurring revenue. The stock has fallen ~30% YTD after a short‑seller report, high prior valuation and market disappointment over guidance assumptions, leaving the company trading at a lower P/E of about 37. » More on finance.yahoo.com

SoFi reported record quarterly revenue of $1.2 billion and raised full-year revenue guidance but left earnings guidance unchanged, contributing to a weak share performance that is down more than 31% year to date. Market sentiment is weighed by macro uncertainty around inflation and rates and lingering concerns from a short-seller report the company denies. Piper Sandler reiterated an overweight view with a $22 12-month target and projects multi-year earnings growth that could imply a share price around $36 by 2031 under a 20x multiple, presenting potential long-term upside despite near-term risks. » More on finance.yahoo.com

SoFi reported strong Q2 results with revenue of $1.22 billion, GAAP net income up 61% YoY to $156.6 million, and record loan originations of $14.8 billion while management raised full-year revenue guidance. CEO Anthony Noto aims to scale SoFi Plus from 200,000 to 1 million paid subscribers, targeting $120 million in annual revenue, supporting a bullish path to $24 in 12 months. Analysts note valuation compression with a 24/7 Wall St. price target of $18.31 and flag risks from a drop in Technology Platform revenue, potential Fed rate moves, and credit deterioration. The firm projects mid-term revenue and EPS CAGRs above 30% and 38–42% respectively if execution continues. » More on finance.yahoo.com