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SoFi Technologies, Inc. (SOFI)

割高
Financial ServicesCredit ServicesUnited States

ファンダメンタル

44

株価

$15.79

時価総額

$21.70B

パート1 · 企業の価値

概要

SoFi is a digital financial-services company built around a single mobile app and no physical branches. It began by refinancing student loans for graduates of selective colleges and has since added personal loans, mortgages, a checking and savings account, brokerage, and credit cards. Since 2022 it has held a national bank charter, letting it fund loans with customer deposits instead of only external capital. A separate unit, born from acquiring Galileo and Technisys, sells the banking software that runs SoFi's own accounts to other financial companies.

収益の仕組み

SoFi earns from three different mechanisms at once. Lending revenue comes from interest on loans held on the balance sheet and from gain-on-sale when loans are packaged and sold to investors, so it moves with interest rates and loan volume. Financial Services revenue comes from fees on deposits, cards, and brokerage activity across its own members. Technology Platform revenue is a business-to-business software fee, charged per account to banks and fintechs that run on SoFi's infrastructure rather than build their own.

セグメント別売上高

Lending48.1%

Personal loans, student loan refinancing and mortgages, originated digitally and either held for interest income or sold to investors for a gain.

Financial Services40.1%

SoFi Checking and Savings, Invest, credit cards and other consumer products cross-sold to the same member base that started with a loan.

Technology Platform11.7%

Banking-as-a-service infrastructure, built from the Galileo and Technisys acquisitions, sold to other banks and fintechs that need account and card processing.

競争優位性(moat)

スイッチングコスト · 狭い

SoFi cross-sells lending, banking, and investing to the same member inside one app, and a member who moves a paycheck's direct deposit there gains fee waivers and rate discounts that make leaving mildly costly. But digital banking has many capable rivals, deposit rates are easy to compare, and nothing stops a member from banking elsewhere for a better rate.

需要を左右する要因

景気循環型

Lending is still SoFi's largest segment, and loan demand and credit performance move with interest rates and the broader economy: refinancing slows when rates rise, and defaults climb in a downturn. The bank charter smooths funding costs but does not remove the underlying sensitivity of a lending business to the credit cycle.

主なリスク

  • Interest rate and credit cycle exposure — Rising rates reduce demand for refinancing and new loans, while a weakening economy raises defaults on the loans SoFi still holds on its own balance sheet.
  • Extensive financial regulation — As a bank holding company, SoFi answers to federal and state banking, consumer-protection and securities regulators at once, and a change in any of their rules can raise costs or restrict a product line.
  • Dependence on selling loans to investors — A meaningful share of lending revenue comes from packaging and selling loans to outside investors; if that market cools, SoFi must either hold more loans itself or shrink originations.
  • Crowded digital banking market — Neobanks, traditional banks and fintech apps all compete for the same deposits and loans, and low switching costs mean SoFi must keep winning members on price and features.

強気材料

Buyers argue that a bank charter lets SoFi fund loans more cheaply than pure fintech rivals, that cross-selling three product lines to the same member lifts revenue per user over time, and that Technology Platform gives it a second, less cyclical business selling infrastructure to other financial firms.

弱気材料

Sellers fear that SoFi is still fundamentally a lender whose fortunes rise and fall with interest rates and consumer credit quality, that Financial Services and Technology Platform growth rates will cool as the member base matures, and that competition from banks and other fintechs keeps pricing power limited.

Written by the editors, published on 2026年8月18日

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

貸借対照表と流動性

売上高

$4.31B

直近12か月(2026/6/30まで)

純利益

$636M

直近12か月(2026/6/30まで)

フリーキャッシュフロー

$-3.98B

自己資本合計

$10.49B

負債合計

$40.17B

流動比率

-

利払い倍率

0.27

負債/EBITDA

-

一株当たり利益(EPS)

売上高と純利益

フリーキャッシュフロー

収益内訳

財務推移表

利益率の推移

負債の推移

成長率グリッド

成長率 — 売上高

適正価値の推定

銀行割高

適正価値

$9.84

現在株価

$15.79

安全マージン

-60.5%

適正価値レンジ

$6.40 - $13.28

使用した評価手法間のばらつきであり、統計的に較正された信頼区間ではありません。

推定方法

アナリストの目標株価:$20.35
ディスカウンテッド・キャッシュフロー(DCF):この種の企業には適用されません
利益倍率(P/E):$11.01
グレアムの成長公式:この種の企業には適用されません
収益力価値(EPV):この種の企業には適用されません
正当化されたP/B:$1.37
配当割引モデル(ゴードン):算出に必要なデータが不足しています
P/FFO(運用から生まれる資金):この種の企業には適用されません
中間サイクル利益:この種の企業には適用されません
売上高倍率:この種の企業には適用されません
アナリスト・コンセンサス:保有 (14B / 13H / 4S)
直近の決算サプライズ:+6.86%

バリュエーション指標

P/E レシオ

32.08

ROE

4.6%

P/B レシオ

1.83

P/FCF

-

粗利益率

83.9%

ROIC

-

収益性レーダー

価値創造(経済的モート)

ROIC

-

WACC

16.9%

ROIC − WACC

-

ファンダメンタル分析基準

合格(8)

  • EPS shows upward trend
  • Gross Margin 83.9%
  • P/B Ratio 1.83
  • Debt/Equity ratio
  • Operating Margin 17.1%
  • Low reliance on intangibles
  • Earnings Surprise avg 12.0%
  • Share Dilution -3.5%

不合格(11)

  • Price CAGR 0.92%
  • Positive Free Cash Flow
  • Interest Coverage
  • Return on Tangible Assets
  • Price below Graham Number
  • DCF valuation (Unknown)
  • ROE 6.2%
  • Analyst Consensus 45% Buy
  • Earnings Quality (OCF/NI) -13.36
  • Net Margin Trend 14.8% vs 18.4%
  • Piotroski F-Score 4/9

データなし(8)

  • ROIC NaN%
  • P/FCF NaN
  • Dividend Payout NaN%
  • CapEx intensity
  • Current Ratio
  • Debt/EBITDA
  • Revenue Growth 5Y (Finnhub)
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-スコア

4/9

まちまちのシグナル:一部の領域に注意が必要

score
criteria

利益の質

-13.36

低品質:会計処理を調査してください

株式希薄化

-3.5%

株式を買い戻している。株主に友好的

機関投資家の保有

ガバナンス

経営陣

氏名役職年齢
Mr. George Thompson HuttonIndependent Non Executive Chairman69
Mr. Anthony J. NotoCEO & Director56
Mr. Christopher LapointeChief Financial Officer41
Mr. Jeremy RishelChief Technology Officer52
Dr. Kelli A. KeoughExecutive VP and Group Business Unit Leader for Spend, Invest, Protect & Save55
Mr. Arun PintoChief Risk Officer46
Mr. Tom KarinshakEVP & Head of Global Operations-
Mr. Robert Steven Lavet J.D.General Counsel76
Ms. Lauren Stafford WebbChief Marketing Officer39
Mr. William F. Tanona C.F.A.Senior Vice President of Corporate Development & Strategic Partnerships52

監査リスク

5

取締役会リスク

6

報酬リスク

4

株主権利リスク

7

パート2 · 株価と買い時

この部分は企業に価値があるかを判断するものではありません。ファンダメンタルズに納得したうえで、いつ買うかを選ぶためのものです。内容:テクニカル分析、ポテンシャル、過去のドローダウン、ガンマエクスポージャー。

書類

  • 年次報告書(10-K)

    事業内容、財務実績、リスクをまとめた年次の概要。

    提出日: 2026-02-17

    書類を見る
  • 四半期報告書(10-Q)

    直近3か月間の業績に関する最新情報。

    提出日: 2026-08-06

    書類を見る
  • 臨時報告書(8-K)

    経営陣の交代や重要な発表など、大きな出来事に関するお知らせ。

    提出日: 2026-07-29

    書類を見る

via SEC EDGAR

業績推移

via SEC EDGAR

Latest News

Recent headlines for SOFI, sourced from Markets Gazette.

  • 7d agoPOSITIVE
    SoFi tie-up shows stablecoins can provide alternative blockchain settlement rail

    SoFi Technologies is enhancing its payment infrastructure by migrating its entire card program to a blockchain-based settlement system utilizing its proprietary SoFiUSD stablecoin. This strategic move is projected to handle over $25 billion in annualized transaction volume. The adoption of blockchain technology for settlement aims to streamline operations, reduce costs, and potentially offer faster transaction processing. For investors, this initiative highlights SoFi's commitment to innovation in financial technology and its ability to leverage digital assets for core business functions, potentially improving efficiency and competitiveness.

  • 9d agoPOSITIVE
    SoFi ottiene un traguardo mai raggiunto da altre banche nazionali USA

    SoFi Technologies Inc. has achieved a significant milestone, becoming the first U.S. national bank to enable real-time settlement via stablecoins across Mastercard's global payment network. This integration allows SoFi to process its $25 billion card program using its own stablecoin, SoFiUSD, bypassing traditional settlement delays. While the stock remains approximately 40% below its year-to-date high, this technological advancement in digital payments infrastructure positions SoFi as an innovator in the fintech banking sector. Investors may view this as a positive step towards enhanced efficiency and potential new revenue streams.

  • 7/30/2026NEGATIVE
    Why SoFi’s stock drops, even after its earnings beat expectations

    SoFi Technologies Inc. experienced a stock price decline despite beating earnings expectations, as investors reacted negatively to the neobank's cautious future guidance. While the company reported better-than-expected financial results for the period, the outlook provided for the upcoming quarters fell short of market consensus. This discrepancy between current performance and future projections has led to a sell-off, indicating that forward-looking statements are heavily influencing investor sentiment and valuation for the fintech firm.

  • 7/29/2026NEGATIVE
    Why SoFi’s stock is dropping, even after its earnings beat expectations

    SoFi Technologies Inc. saw its stock price decline despite reporting earnings that surpassed analyst expectations. The disappointment stems from the neobank's cautious forward-looking guidance, which failed to inspire investor confidence for future growth. While the company delivered a strong current quarter, the subdued outlook suggests potential headwinds or a more conservative growth trajectory ahead. Investors are likely recalibrating their expectations based on this tempered forecast, leading to the sell-off.

  • 6/18/2026POSITIVE
    SoFi Stock Is Rising Thursday: What's Driving The Move?

    SoFi Technologies Inc. stock saw a notable increase on Thursday, fueled by significant insider buying activity from CEO Anthony Noto. This strategic investment by the company's leader signals strong conviction in SoFi's future prospects. The positive momentum is further amplified by a broader 'risk-on' sentiment in the technology sector, suggesting a favorable environment for growth-oriented companies. Investors are likely interpreting Noto's actions as a vote of confidence, potentially leading to increased institutional interest and upward price pressure.

  • 6/16/2026POSITIVE
    SoFi Stock Is Climbing Despite A Broader Tech Selloff: What's Going On?

    SoFi Technologies Inc. is experiencing a notable stock price increase, defying a broader downturn in the technology sector. This upward momentum is largely attributed to investor enthusiasm surrounding the company's recent foray into the cryptocurrency space with the launch of its SoFiUSD stablecoin. The crypto-adjacent narrative appears to be resonating with traders, driving demand for SoFi's stock despite prevailing market headwinds. This suggests a positive market perception of SoFi's diversification strategy and its potential to capitalize on emerging digital asset trends.

  • 6/12/2026NEUTRAL
    SoFi Stock Pauses Friday: What's Going On?

    SoFi Technologies shares experienced a slight dip on Friday, with traders evaluating the recent launch of its SoFiUSD stablecoin. The move occurs within a broader 'risk-on' market environment, suggesting that while the stablecoin rollout is a notable development for the fintech company, its immediate impact on the stock price is being absorbed amidst prevailing market sentiment. Investors are likely assessing the long-term implications of the stablecoin for SoFi's revenue streams and competitive positioning in the digital asset space.

  • 5/29/2026POSITIVE
    SoFi Shares Surge On Stablecoin Rollout: What Investors Need To Know

    SoFi Technologies Inc. shares experienced a pre-market surge on Friday following the announcement of its new US dollar stablecoin feature. This strategic move integrates cryptocurrency-adjacent services into the company's existing financial platform, potentially attracting a new segment of users and diversifying revenue streams. The stablecoin's rollout is expected to enhance SoFi's competitive positioning in the fintech landscape, offering investors a glimpse into the company's innovative growth strategy and its ability to adapt to evolving market trends.

  • 5/27/2026POSITIVE
    Falcon Finance, SoFi unveil stablecoin products tied to banking infrastructure

    SoFi Technologies Inc. has launched its new stablecoin product, SoFiUSD, aimed at consumer banking users via its mobile application. This move integrates digital assets directly into its existing banking infrastructure, potentially attracting new customers and increasing engagement within its ecosystem. The stablecoin's tie to banking infrastructure suggests a focus on stability and regulatory compliance, which could appeal to a broader user base. For investors, this represents an expansion of SoFi's product offerings and a strategic step into the growing digital currency market, leveraging its established financial services platform.

via Markets Gazette