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SoFi, KBW
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.
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 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.
SoFi stock slides as KBW cuts to Underperform on 'overstretched' valuation
Driven in large part by investor optimism on high-growth fintechs post-election, (NASDAQ: SOFI) has surged 60% in 2024 and 130% over the past six months, far stronger than the Nasdaq Composite's 2024 jump of 31% and six-month advance of 8%.
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.
1d
KBW Reaffirms Their Buy Rating on Origin Bancorp (OBK)
KBW analyst Wood Lay maintained a Buy rating on Origin Bancorp (OBK – Research Report) today and set a price target of $42.00. The company’s ...
National Mortgage News
1d
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.
1d
Wells Fargo says 'dominant pick' Citi's stock could double in three years
Citigroup's stock could double in value over the next three years as profits surge, expenses moderate, and the "most ...
1d
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
3d
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, ...
12d
on MSN
Invesco KBW High Dividend Yield Financial ETF declares monthly distribution of $0.1447
Day SEC Yield of 11.43% as of Dec 20. Payable Dec 27; for shareholders of record Dec 23; ex-div Dec 23. More on PowerShares ...
Investing
3d
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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