SoFi Technologies Inc. ($SOFI) Stock Forecast: Down 6.3% Today

What is SoFi Technologies Inc.?

SOFI is a financial technology company that offers a range of products including personal loans, student loan refinancing, and investing services. The overall market sentiment for SOFI was bearish today.

Why is SoFi Technologies Inc. going down?

SOFI stock is down 6.3% on Feb 20, 2025 18:36

• A comparison between SYF and SOFI might have highlighted potential weaknesses in SOFI's valuation, leading to a bearish movement in the stock.
• Investors may have favored SYF over SOFI due to perceived better value, causing a sell-off in SOFI shares.
• Concerns about SOFI's competitive positioning or growth prospects could have contributed to the bearish market movement.

SOFI Price Chart

SOFI Technical Analysis

SOFI News

SYF or SOFI: Which Is the Better Value Stock Right Now?

SYF vs. SOFI: Which Stock Is the Better Value Option?

https://www.zacks.com/stock/news/2418938/syf-or-sofi-which-is-the-better-value-stock-right-now

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SoFi Technologies Inc. Price History

02.00.2025 - SOFI Stock was down 5.5%

• Factors contributing to the bearish movement in SOFI stock include:
• Closing at $15.40, experiencing a -1.47% change from the previous day, dropping more significantly than the overall market.
• Possible profit-taking by investors following a recent uptrend in the stock.
• General negative market sentiment affecting stock prices.
• Worries regarding the company's growth potential or financial performance.

06.11.2024 - SOFI Stock was down 5.4%

• Despite recent optimism and positive outlook, SoFi faced significant downward movement today.
• The unexpected decrease could be linked to profit-taking by previous investors following the positive trend.
• It's plausible that general market conditions or specific negative updates about SoFi might have influenced this decline, leading to a temporary drop in its stock price.
• Investors are advised to monitor further updates or developments regarding SoFi to gain insights into today's decline and to make well-informed decisions in the future.

12.11.2024 - SOFI Stock was up 6.2%

• SoFi Technologies (SOFI) displayed a strong upward movement today despite a minor decline in the previous trading session, demonstrating resilience and growth potential.
• The positive momentum in SOFI's stock today could be attributed to favorable developments within the company, like strong financial performance or new product introductions.
• Investors likely responded well to SoFi's strategic efforts and market positioning, resulting in increased buying activity and driving up the stock price.
• The optimistic outlook towards the fintech sector in the wider market and among investors may have also played a role in the stock's upward movement.

16.00.2025 - SOFI Stock was up 5.0%

• The launch of the SOFX 2X leveraged single-stock ETF by Defiance ETFs is believed to have spurred enthusiasm and heightened interest in SoFi Technologies, Inc., fueling the bullish trend.
• Favorable analyst sentiment surrounding Affirm Holdings could have positively impacted other fintech firms like SoFi, stimulating investor confidence within the industry.
• The appointment of Anthony Noto and Joey Levin to the board of another tech and media company, Warner Bros. Discovery, might have had a favorable influence on related stocks, including SoFi Technologies, Inc., leading to the bullish market activity.

15.00.2025 - SOFI Stock was up 5.1%

• SOFI saw significant bullish momentum, potentially driven by favorable market sentiment and investor confidence.
• The appointment of Anthony Noto and Joey Levin to the board of Warner Bros. Discovery may have increased market optimism, resulting in higher buying interest.
• Analyst Floris Van Dijkum's initiation of coverage on Curbline Properties Corp with a positive stance could have influenced a bullish sentiment in the financial industry, benefiting SOFI and similar companies.
• Overall positive developments in various firms and the broader market likely created a conducive atmosphere for SOFI's stock to perform well.

15.00.2025 - SOFI Stock was up 6.6%

• SOFI stock showed strong bullish momentum.
• The recent appointments of Anthony Noto and Joey Levin to Warner Bros. Discovery's board had a favorable impact on market sentiment.
• Investors may interpret these appointments as a strategic decision to enhance Warner Bros. Discovery's leadership team, potentially increasing confidence in the company's future growth.
• The positive response to Warner Bros. Discovery's shares likely influenced SOFI's bullish performance today.

18.11.2024 - SOFI Stock was down 5.0%

• SOFI stock closed at $16.66, showing a -1.3% change compared to the previous day.
• The downward movement in SOFI stock may be linked to market volatility affecting tech and growth stocks.
• Concerns about increasing interest rates impacting the company's lending and investment operations could be influencing investor behavior.
• Following a recent uptrend in SOFI's stock price, traders might be engaging in profit-taking, resulting in a temporary market pullback.

14.10.2024 - SOFI Stock was down 5.6%

• The decline in SoFi's stock could be due to investors taking profits following a period of bullish momentum.
• Despite receiving positive recommendations from analysts and momentum investors, market sentiment may have shifted possibly influenced by broader market conditions or specific company developments.
• It's likely that investors responded to macroeconomic conditions or industry trends that affected SoFi's perceived market value.
• Technical factors such as support and resistance levels may have also played a role in impacting the stock's movement as traders initiated sell-offs.

28.00.2025 - SOFI Stock was down 5.1%

• SoFi reported better-than-expected fourth-quarter financial results with record member growth and loan originations, but the stock fell due to soft fiscal 2025 profit guidance.
• Despite revenue rising 24% year over year and adding a significant number of new members, the lackluster profit outlook for fiscal year 2025 overshadowed the positive performance.
• Analyst Jim Cramer expressed concerns about another stock but preferred SoFi, indicating some market sentiment towards the company.
• The market reaction to SoFi's earnings beat and revenue surprises suggests that investors are particularly sensitive to future profit expectations, leading to the bearish movement in the stock.

16.00.2025 - SOFI Stock was up 6.8%

• Closing a significant $525 million personal loan securitization agreement with PGIM Fixed Income has positively impacted investor sentiment towards SoFi, reflecting confidence in its growth trajectory and financial stability.
• The recent introduction of the SOFX ETF, a 2X leveraged single-stock ETF by Defiance ETFs focusing on SoFi Technologies Inc., showcases a growing demand among investors for exposure to the company's stock.
• These favorable developments, alongside the prevailing bullish market sentiment, have likely driven today's strong momentum in SoFi's stock price.
• By forming strategic partnerships and offering innovative financial products, SoFi is establishing itself as a prominent player in the fintech sector, garnering attention from both investors and analysts.

31.00.2025 - SOFI Stock was down 5.2%

• SoFi Technologies reported better-than-expected fourth-quarter financial results with record member growth, but the stock fell due to a soft fiscal 2025 profit outlook, overshadowing its performance.
• Despite revenue rising 24% year-over-year and beating estimates, the lackluster profit outlook for fiscal year 2025 seemed to disappoint investors.
• An endorsement of SoFi over other companies like Abbott Laboratories and Casella Waste Systems might have initially boosted investor sentiment, but the overall market reaction was influenced more by the profit guidance.
• The mixed reactions to SoFi's strong quarterly results and weak profit outlook likely contributed to the bearish movement in the stock today.

20.01.2025 - SOFI Stock was down 6.3%

• A comparison between SYF and SOFI might have highlighted potential weaknesses in SOFI's valuation, leading to a bearish movement in the stock.
• Investors may have favored SYF over SOFI due to perceived better value, causing a sell-off in SOFI shares.
• Concerns about SOFI's competitive positioning or growth prospects could have contributed to the bearish market movement.