Now, when it comes to valuation, $SoFi Technologies Inc.(SOFI)$ isn't exactly cheap. The average target price from analysts on the Tiger app is actually 20% lower than the current price. $Bank of America(BAC)$ Securities kept their "Underperform" rating on SoFi with a target price of $13, even though the financial reports were positive. The analyst, Mihir Bhatia, was cautious because of the uncertainties in the economy. 🤔

🚀Crypto Business Drive Fintech Companies SOFI & HOOD Reach New Heights! 💰

@Ryan_Z0528
Hey there! Just wanted to share some exciting news from the world of fintech. On June 30, 2025, two big names in the industry, $SoFi Technologies Inc.(SOFI)$ and $Robinhood(HOOD)$ , both hit impressive milestones. SOFI's stock price soared to a 52-week high of $18.43, giving it a market value of $19.7 billion. That's pretty amazing, right? 🌟 Since the end of April, SOFI's stock has actually doubled in value. And if you look at the year so far, it's up nearly 19%.😎 On the same day, $Robinhood(HOOD)$ 's stock also had a great day, climbing 9.5% to close at $90.93. This was a record high for the company, and it's been on a real tear this year, with its stock price up by over 151%. Wow! 🎉 So, what's behind all this excitement? Well, it looks like the progress these companies are making in the world of cryptocurrency and blockchain is really catching people's attention. 🔗 $SoFi Technologies Inc.(SOFI)$ , for example, has some big plans. Later this year, they're planning to launch international remittance and cryptocurrency investment services. They'll be using blockchain networks to make these transactions happen more smoothly. And that's not all! They're also looking to expand their cryptocurrency offerings, maybe even getting into stablecoins and loans backed by cryptocurrency. The CEO, Anthony Noto, says they're all about giving their members more options through these new innovations. 🌐 $Robinhood(HOOD)$ is also making some big moves. They've announced a bunch of new initiatives to expand their crypto business. They're working on their own blockchain network based on Arbitrum and even launching tokenized stock trading. In Europe, they've rolled out a blockchain-based service for trading U.S. stocks. This means customers in 30 different countries can now trade U.S. stocks five days a week, 24 hours a day. That's a game-changer! 🌍 And during a big Ethereum community event in Europe, Robinhood unveiled what they're calling their most ambitious suite of crypto products ever. This includes things like tokenized U.S. stocks and ETF trading for European users, staking services for Ethereum and Solana in the U.S., and even crypto perpetual contract trading with up to 3x leverage for qualified European users. That's a lot of new stuff! 🎯 Now, let's talk about the competition. $Robinhood(HOOD)$ and $SoFi Technologies Inc.(SOFI)$ are definitely competing in the investment services space. There are also other companies that are similar to SOFI in the lending business, like $LendingClub(LC)$ and $Upstart Holdings, Inc.(UPST)$. And in the digital banking space, SoFi has competitors like $Chime Financial, Inc.(CHYM)$ ,which had a nice spike of almost 10% on Monday, and $BlackRock(BLK)$ 's CashAPP, which is also doing well and approaching its own record highs. There's also $Ally(ALLY)$ in the mix. 🏦 But it's not just SOFI and HOOD that are doing well. Other fintech companies are also on the rise. $Tiger Brokers(TIGR)$ has seen its stock climb by 49.38% this year, and $Futu Holdings Limited(FUTU)$ is up by over 50%. In fact, in May 2025, Tiger Brokers in Hong Kong launched a service for depositing and withdrawing cryptocurrencies. They support major virtual currencies like Bitcoin and Ethereum, and their platform is licensed by the Securities and Futures Commission of Hong Kong. That's pretty cool! 🚀 Now, let's dive into some of the basic business and valuation details of SOFI and HOOD. $SoFi Technologies Inc.(SOFI)$ : A Diverse Business Mix with a Focus on Crypto SoFi Technologies is a financial services company that started in 2011 and is based in San Francisco. They've got a lot of different businesses going on. There's the lending side, which includes personal loans, student loans, and mortgage loans. They also have financial services like SoFi Money for checking and savings, SoFi Invest for trading stocks and ETFs, a credit card, insurance services, and even financial planning and consulting. 🏦 On the technology front, SoFi uses its platform to handle everything from payments to core system support. They even acquired a company called Galileo to provide payment and core system support to other fintech companies. Their goal is to be a one-stop shop for all your financial needs, all through their app and website. 📱 And of course, there's the crypto and blockchain part. They're planning to launch international remittance and cryptocurrency investment services later this year, using blockchain to make it all work smoothly. They might even get into stablecoins and crypto-backed loans. 🌐 SOFI had a really strong first quarter in 2025. Their earnings per share were $0.06, beating expectations of $0.04. They brought in $771.76 million in revenue, which was about 4.25% higher than expected. Because of this, they've raised their full-year guidance. They're expecting to bring in $3.23 billion to $3.31 billion in adjusted net revenue and $875 million to $895 million in adjusted EBITDA. That shows they're feeling pretty good about their future growth. 📈 They also reported that their membership grew by 34% to 10.9 million people. Financial services product sales more than doubled to $303 million, and lending business grew by 27% to $413 million. These strong numbers are why they're so optimistic about the rest of the year. 🌟 Even though their net income in the first quarter was $71 million, they've launched some new products like SmartStart refinancing that could be exciting for investors. They've also added more private market funds for qualified investors. All these new things could help drive more revenue and keep their users engaged. 🎉 Now, when it comes to valuation, SOFI isn't exactly cheap. The average target price from analysts on the Tiger app is actually 20% lower than the current price. $Bank of America(BAC)$ Securities kept their "Underperform" rating on SoFi with a target price of $13, even though the financial reports were positive. The analyst, Mihir Bhatia, was cautious because of the uncertainties in the economy. 🤔 Data from Tiger Trade But here's the thing: the whole stablecoin digital payment concept is changing the game. It could really push the industry forward. So, who knows? Maybe those analysts will have to raise their price targets soon. 📈 $Robinhood(HOOD)$ : Expanding Everywhere, with Asia as the New Frontier Let's switch gears and talk about HOOD. They offer a lot of services, like stock, ETF, and options trading. They've been in the cryptocurrency trading game since 2019. They also have a premium subscription service called Robinhood Gold that offers professional reports and allows for bigger deposits. And in 2025, they launched Robinhood Banking to expand their financial services even more. 🏦 But the really interesting part is their plan to enter the Asian market. They're setting up a regional headquarters in Singapore and plan to acquire the European digital asset exchange Bitstamp to get regulatory approval. Bitstamp already has in-principle approval from the Monetary Authority of Singapore, which is a big deal. Robinhood plans to launch crypto products in Singapore through a new entity in 2025. 🌍 Financially, Robinhood had a good first quarter in 2025. They brought in $927 million in revenue, which was up 50% year-over-year but down 9% quarter-over-quarter. Their net profit was $336 million, up 114% year-over-year but down 63% quarter-over-quarter. Their earnings per share were $0.37, up 106% year-over-year. 📈 Robinhood's valuation is also on the high side, and analysts think the target price in the next 12 months could still go down a bit. $Bank of America(BAC)$ Global Research actually raised Robinhood's target price from $65 to $95 because they're optimistic about the regulatory outlook for digital assets. They also said Robinhood is the "most likely candidate" to be included in the upcoming S&P 500 index changes. If that happens, it could lead to a lot more buying from passive funds. 🎉 It seems like these fintech companies really have a lot of potential! Their stock prices are getting close to previous highs. Maybe it's time to take another look and see if there's an opportunity to jump in. 🚀
🚀Crypto Business Drive Fintech Companies SOFI & HOOD Reach New Heights! 💰

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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