SoFi Technologies (NASDAQ: $SOFI) reported strong fourth-quarter earnings for 2024, with revenue reaching $739 million, surpassing expectations by $56.91 million and reflecting a 24.38% year-over-year increase. The company also achieved a net income of $332 million, a 594% increase from the previous year. Despite these positive results, SoFi's shares fell by 15% in premarket trading due to profit-taking and a conservative outlook for 2025, which disappointed some investors. Analysts noted that while the revenue beat was impressive, the guidance for fiscal year 2025 was below market expectations, particularly regarding EBITDA margins and earnings per share. Notably, SoFi's membership grew by 34% year-over-year, contributing to a robust customer acquisition strategy. Various analysts have adjusted their price targets for SoFi, with Needham raising its target to $20 from $13, while Bank of America increased its target to $13 from $12 but maintained an underperform rating. Overall, the mixed results have raised questions about the sustainability of SoFi's growth trajectory amidst higher costs and a cautious market outlook.