SoFi Technologies (SOFI)

Q: How much is SoFi Technologies worth?

SoFi Technologies market capitalisation is $4.47 billion. This is calculated by multiplying the number of shares that have been issued by the current SOFI share price. Another way of measuring this is enterprise value, which includes SoFi Technologies’s debt obligations. SoFi Technologies’s enterprise value is N/A.

Q: When did SOFI stock go public?

SoFi Technologies went public on June 1, 2021 after merging with Social Capital Hedosophia Corp V, a blank-check company run by investor Chamath Palihapitiya.

Q: Who owns the most shares in SoFi Technologies?

The Vanguard Group is the largest shareholder of SoFi Technologies, with a 7.31% stake in the business. In total, 27% of the company is owned by institutional investors.

Q: Who are SoFi Technologies’ biggest competitors?

SoFi is an online financial services company with several similar businesses operating in the same industry. Here’s a quick look at some of its biggest competitors. Turnkey Lender. Turnkey is an AI-powered lending platform. Safeworks Lending. Sageworks is an automated platform that helps with loans Finflux. Finflux is a cloud-based lending platform.

Q: Has SoFi stock split?

No, SoFi has not had a stock split. Its shares have only been trading on the Nasdaq since 2021 and have not reached levels where a split is deemed necessary.

Q: When are SoFi Technologies’ earnings?

SoFi reports earnings four times per year at the end of each quarter. The exact dates can vary and it is recommended that you check the SoFi Technologies investor relations website for the most up-to-date information.

Q: Does SoFi Technologies pay a dividend?

No, SoFi does not pay a dividend.

Learn everything you need to know about SoFi Technologies and find links to beginner-friendly guides that show you the best way to invest in it.

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Updated: Mar 29, 2023

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About SoFi Technologies

What is SoFi Technologies?

SoFi Technologies is a financial service company that offers a wide range of products and services to help its members borrow, save, spend, and invest their money.

Founded in 2011 by Mike Cagney, Dan Maclin, James Finnigan, and Ian Brady, SoFi Technologies’ first service was student loans, and it began by lending $2 million to 100 Stanford students. Since then, SoFi Technologies has grown into a multi-billion dollar business with over 5 million members.

How does SoFi Technologies make money?

It makes money primarily through lending and investing. SoFi offers many lending products, including personal loans, student loans, and mortgages. It also has several investment products, including automated investing, active investing, and cryptocurrency trading.

SoFi Technologies also generates revenue from its membership program, giving members various benefits and perks such as cashback and discounts.

What is SoFi Technologies’ best selling product?

SoFi’s best selling product is its personal loans, which in Q4 of 2022 accounted for 47% of the company’s loan revenue. Student loans were its second largest revenue driver, bringing in 28% of all loan income. Its membership program saw an increase of 47% from the previous year adding 2.8 million new users.

Who are the key executives at SoFi Technologies?

Anthony Noto is SoFi Technologies’ CEO. Here are a few other members of its leadership team.

George Thompson Hutton. Independent Non Exec. Chairman
Anthony J. Noto. CEO & Director
Christopher Lapointe. Chief Financial Officer
Derek Jensen White. CEO of Galileo Financial Technologies & Head of SoFi International
Jeremy Rishel. Chief Technology Officer
William F. Tanona. Sr. VP of Corp. Devel. & Investor Relations
Robert Steven Lavet. Gen. Counsel & Sec.
Lauren Stafford Webb. Chief Marketing Officer
Anna Avalos. Chief People Officer
Aaron J. Webster. Chief Risk Officer and Global Head of Operations & LatAm

Where can I buy shares in SoFi Technologies?

You can buy SoFi Technologies stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.

Are there any other ways to invest in SoFi Technologies?

The simplest way to invest in SoFi Technologies is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one SoFi Technologies.

SoFi Technologies is part of the Nasdaq index, so you can invest in an ETF that tracks that index, or choose the best performing ETF that lets you own a basket of related stocks from the same industry.

More about the SOFI price

What is the SoFi Technologies stock price today?

The SOFI stock price today is currently $5.59, as of 29 March, 2023. The price of SoFi Technologies is down 40.87% over the past 52 weeks. You can use the live SoFi Technologies stock chart to track the NASDAQ:SOFI price in real time above, or compare the SoFi Technologies value today to its past performance using the SoFi Technologies financials tab at the top of this page.

What is the 52-week low for SoFi Technologies stock?

The 52-week low for SoFi Technologies stock is $4.24 SOFI stock is currently 31.34% above the 52-week low.

What is the 52-week high for SoFi Technologies stock?

The 52-week high for SoFi Technologies stock is $10.57. SOFI stock is currently 46.35% below the 52-week high.

What is the stock forecast for SoFi Technologies?

The average SoFi Technologies stock forecast has a price target of $7.54 by the end of 2023. SoFi Technologies’ latest financial results, the broader economic outlook, and the industry’s competition all influence these forecasts.

It’s best to take analyst forecasts with a grain of salt but you can use their estimates to help you understand the weight of opinion about a stock.