SoFi Stock Analysis: Price Target Revisions Following Q4 Earnings
SoFi's Performance and Analyst Revisions
SoFi Technologies (NASDAQ: SOFI) has fluctuated in analyst ratings following its Q4 2024 earnings report and fiscal guidance for 2025. Although the fintech company surpassed Wall Street expectations regarding revenue and earnings, concerns about profitability and market sentiment have influenced varying analyst evaluations.
Quarterly Highlights
- Adjusted net revenue: $739.1 million, a 24% year-over-year increase.
- EPS growth: Increased to $0.05, a 150% rise.
- Record member additions: 785,000 during Q4.
Diverging Analyst Perspectives
While some analysts raised their price targets, opinions vary significantly. Bank of America’s Mihir Bhatia revised the target to $13, citing near-term costs as a concern. Conversely, Needham's Kyle Peterson increased the target to $20, emphasizing long-term growth opportunities.
Future Outlook
- First quarter FY2025 revenue expectations range from $725 million to $745 million.
- Adjusted EBITDA guidance between $175 million and $185 million.
- Challenges persist regarding profitability forecasts despite strong revenue growth.
Investors should consider these analyses and monitor SoFi’s strategic developments to assess future market performance.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.