Shares of SoFi Technologies (SOFI) tumbled 13% Tuesday, after the online financial services provider said it was planning to sell up to $862.5 million in convertible bonds.

SoFi (NASDAQ: SOFI ) stock is taking a tumble after the company announced a private offering of $750 million in convertible senior notes due in 2029. The initial purchasers of the note, which are l...

This might be a buy-the-dip opportunity.

Why SoFi Technologies Stock Is Not Expensive Today

SoFi has targeted a niche of young, affluent professionals and is giving them a full range of financial services in one place. It reported its first profit in the 2023 fourth quarter, as expected.

SoFi's deposit base is 155% higher than it was 12 months ago. According to management, SoFi is set to rapidly grow its earnings per share.

SoFi's (NASDAQ: SOFI ) fourth-quarter results, announced on Jan. 31, were quite impressive, as they showed that the fintech firm is growing quite rapidly and has managed to effectively monetize its...

SoFi is reporting strong growth, and it's leading to profitability at scale. It has expanded into several new areas, and customers are adopting more products, resulting in greater cost efficiency.

SoFi Technologies is positioned for strong performance in personal lending and refinancing student debt, with robust deposit inflows supporting loan retention. The company's Q4 results provided opt...

SoFi has transformed from a student loans specialist to a full-blown financial services company. It recently turned a profit in the fourth quarter and expects 2024 to be its first profitable year.

SoFi's revenue and membership base grew at a healthy clip in 2023. The online-only bank is poised to generate consistent profits.

Shares of SoFi (NASDAQ: SOFI ) stock are down by more than 10% so far this year, although a major institutional investor just disclosed that it has increased its stake in the company. Yesterday was...

Financial technology (fintech) powerhouse and online bank SoFi Technologies (NASDAQ: SOFI ) saw its value slip due to broader market weakness. However, over the long term, the company's recently in...

SoFi is a digital bank offering loans, brokerage services, and mortgages. The company has done an impressive job integrating various properties that it has developed and honed via an aggressive acq...

Like many reporters and analysts my SoFi (NASDAQ: SOFI ) stock forecast has been steadily bullish since the fintech went public in 2021. It closed that day at $22.65.