After a wild quarter, SoFi Technologies is set to report Q2'23 results prior to the market open on Monday. Between the Biden Admin. trying to block student debt repayments to questions regarding loan loss reporting to the use of traditional bank valuation metrics, the stock went from crashing below $5 to rallying above $10. SoFi Technologies shares rise more than 5% before reporting Q2 results.For this reason, the analyst consensus estimates for Q2 are only meaningful on the revenue side:Consensus EPS Estimate is -$0.07 (+41.7% Y/Y)Consensus Revenue Estimate is $475.78M (+33.6% Y/Y)The forecast is for a GAAP loss of $0.07 in Q2 on the path to the promised GAAP profits in Q4. The big focus should be on the nearly 34% revenue growth.Over the last few quarters, SoFi has easily topped analyst
What's next after SOFI jumped 20%?
SoFi’s stock pops 20% as earnings bring numerous positive surprises. ---------- What's your target price for SOFI after earnings?
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