SoFi Technologies Inc Stock News

SoFi (SOFI -1.22%) has roughly tripled over the past year, and to be sure, there is a lot to like about the banking disruptor. For example, in the most recent quarter, SoFi added 800,000 new members -- its highest single-quarter total ever.

Are you saving enough for retirement? Most people think they aren't.

SoFi Technologies (SOFI -1.22%) plays a leading role in the financial technology (fintech) space right now, with the company's laundry list of financial services ranging from savings accounts and loans to even crypto trading.

Investors have fallen in love with artificial intelligence (AI) start-up CoreWeave. The AI cloud provider is growing its capacity at a rapid pace, and it just announced a new $6 billion data center project.

SoFi Technologies Inc.'s (NASDAQ: SOFI) chief executive officer recently stated at a conference that the fintech company has targeted 30% member growth and 20% revenue growth.

Fintech is at the exciting crossroads of technology and finance. From the rise of digital wallets and investing to innovations of blockchain-based platforms and AI-driven analytics, the fintech revolution is transforming how individuals and institutions create, manage, and increase their capital.

SoFi Technologies sports strong growth, great unit economics, and a robust consumer brand. As the neobank continues to grow and scale, we see operating margins expanding rapidly to 20%+. That could send FY '27 earnings to $1 billion. Assuming a stable multiple, this implies a double (or more!) in the underlying stock.

Key Points in This Article: SoFi Technologies‘ (SOFI) 150% stock surge since April is driven by strong revenue growth, student loan demand, and crypto expansion plans.