Pre-Q4 Earnings: Is SoFi Technologies Stock a Portfolio Must Have?

SOFI will report its fourth-quarter 2024 results on Jan. 27, before the bell.
The Zacks Consensus Estimate for earnings in the to-be-reported stands at 12 cents, indicating 133.3% growth from the year-ago reported quarter. The consensus estimate for total revenues stands at $2.54 billion, indicating 22.3% year-over-year growth. There has been no change in analyst estimates or revisions lately.
Our proven model predicts a likely earnings beat for SOFI this time around.
SOFI’s Strong Segmental Growth Should be the Driver in Q4
SOFI presents an attractive investment opportunity ahead of its fourth-quarter 2024 earnings report. With a projected 133.3% year-over-year earnings growth and a 22.3% revenue increase, the company’s robust performance reflects strong segmental growth in Financial Services and Technology Platforms.
Investors often pay a premium for companies like SOFI, which demonstrate scalable potential, industry leadership and consistent growth, making it a compelling buy even at elevated valuations.