SoFi (SOFI) Reports $12.18B Q1 Loan Originations, Projects 2026 Revenue
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowSoFi Technologies (SOFI) reported $12.18 billion in Q1 loan originations, a 68% increase year over year. The company has guided to an adjusted net revenue of $4.655 billion for 2026, despite personal loan charge-offs rising to 3.03%. Year-to-date, SoFi shares have fallen 40% due to concerns over multiple compression and credit quality. Analysts' consensus indicates a target price of $21.10, with a bold target of $50 per share requiring a 218.7% increase from the current price of $15.69 and a forward P/E ratio of 89x.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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