Form 8-K SoFi Technologies, Inc. For: Apr 29

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Go back to Form 8-K SoFi Technologies, Inc. For: Apr 29

SoFi Technologies (SOFI) PT Lowered to $9 at BofA Securities

April 30, 2024 6:11 AM EDT

BofA Securities analyst Mihir Bhatia lowered the price target on SoFi Technologies (NASDAQ: SOFI) to $9.00 (from $9.50) while maintaining a Neutral rating.

The analyst comments "Neutral-rated SoFi Technologies (SOF) reported 1Q24 adj. revenue/EBITDA of $581M/$144M well above BofAe/consensus at $564M/$123M and... More

SoFi Technologies (SOFI) PT Lowered to $7.50 at UBS

April 30, 2024 6:02 AM EDT

UBS analyst Tim Chiodo lowered the price target on SoFi Technologies (NASDAQ: SOFI) to $7.50 (from $8.00) while maintaining a Neutral rating.

The analyst comments "SoFi reported adjusted net revenue of $581mm (~4% above Street) driven by beats in Lending and Other revenue, while Financial Services and Technology Platform missed. Adjusted EBITDA of $144mm came in better than... More

SoFi Technologies (SOFI) PT Lowered to $11 at Deutsche Bank

April 30, 2024 5:29 AM EDT

Deutsche Bank analyst Mark DeVries lowered the price target on SoFi Technologies (NASDAQ: SOFI) to $11.00 (from $12.00) while maintaining a Hold rating.

The analyst comments "We do view the shares as fundamentally undervalued, but given the volatility of the stock and how... More