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SoFi shares fall after KBW downgrade on valuation concerns
Shares of SoFi Technologies fell 6% on Thursday after KBW downgraded its stock on concerns over the fintech firm's lofty valuation and ambitious financial targets, further cooling a months-long rally.
SoFi stock slides as KBW cuts to Underperform on 'overstretched' valuation
SoFi Technologies (NASDAQ:SOFI) shares retreated 6.5% in Thursday late morning trading after Keefe, Bruyette & Woods downgraded the lender and banking app company to Underperform from Market Perform,
SoFi Tech Downgraded Over Valuation Concerns: Stock Priced Three Times Its Peers
SoFi Technologies (NASDAQ:SOFI) has faced recent downgrades from analysts citing concerns over the company’s high valuation.
KBW downgrades SoFi to Underperform. Here's why.
KBW analysts downgrade SoFi Technologies (SOFI) to Underperform from Market Perform. The analysts that while investors have been bullish on fintech companies like Sofi, they think the company will grow to keep up with Wall Street's estimates.
SoFi Stock Falls on Downgrade. Path Ahead Is ‘Long and Difficult.’
The fintech will struggle to meet its 2026 target for earnings per share, while its valuation is too high, says Keefe, Bruyette & Woods.
National Mortgage News
3h
More bullish outlook on mortgage volume from KBW
Keefe, Bruyette & Woods expects a better year for originations than either Fannie Mae or the Mortgage Bankers Association, although volume will remain below the norm.
6h
Wells Fargo names Citi 'dominant pick', predicts stock to double in three years
Citigroup's stock could double in value over the next three years as the Wall Street lender's profits surge, Wells Fargo ...
10h
Bancorp (TBBK) Gets a Buy from KBW
KBW analyst Tim Switzer maintained a Buy rating on Bancorp (TBBK – Research Report) today and set a price target of $66.00. The company’s ...
American Banker
2d
Payments fintech investors bet on a turnaround in 2025
The buzz around real-time payments, blockchain and artificial intelligence are pushing banks to come up with adoption plans, ...
1d
on MSN
SoFi (SOFI), H.B. Fuller (FUL) Retreat on Negative Developments
SoFi (NASDAQ:SOFI) and H.B. Fuller (NYSE:FUL) are among today’s prominent losers in the stock market. SoFi is a fintech firm ...
4d
KBWY: The 8.80% Dividend Yield May Start Growing Again In 2025
KBWY's largest holdings trade at attractive forward FFO multiples, reinforcing the case for robust returns in 2025. See why ...
2h
Stocks On Sale: Sofi, GM, And PPG Industries
In Thursday's trading session, markets sold off Sofi Technologies (SOFI). The stock lost 8.25% to close at $14.13, continuing ...
Investing
1d
SoFi Tech: KBW downgrades to Underperform on doubts over long-term outlook
Investing.com-- Keefe, Bruyette & Woods (KBW) downgraded its rating on SoFi Technologies Inc. (NASDAQ: SOFI ), stating that ...
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