SoFi Technology (NASDAQ: SOFI) stock price popped on Friday after forming the highly bullish double-bottom pattern at $15. It soared to a high of $18.50, its highest point since April 28, up by 22% from its lowest point this year, as investors welcomed the new stablecoin.
SoFi Technologies (SOFI) reported earnings 30 days ago. What's next for the stock?
When a high-quality fintech name retraces sharply while its fundamentals accelerate, the gap between price and performance becomes the story.
SoFi Technologies (NASDAQ:SOFI | SOFI Price Prediction) stock is ripping in early Friday trading, up 12% to around $19, as investors react to the company's push into bank-issued stablecoins.
SoFi CEO Anthony Noto has been quietly putting his own money to work in his company's stock all spring.
SoFi Technologies' bank-issued, U.S. dollar-backed stablecoin SoFiUSD is now available for SoFi members to buy, sell, hold and convert directly within the SoFi app.
SoFi Technologies (NASDAQ: SOFI | SOFI Price Prediction) has dominated retail trading feeds all year on the strength of a 30% revenue growth guide, a stablecoin launch, and a CEO who keeps buying his own stock.
OPFI's profit surge and falling charge-offs go up against SOFI's blockchain-led push and dilution risks: here is how the upside stacks up.
SoFi may be a mere upstart compared to the big banks, but it is growing a lot faster. It's targeting young consumers who are growing with the bank -- thus boosting revenue.
SoFi Technologies (SOFI) remains a Strong Buy, driven by robust member growth, expanding product suite, and accelerating revenue and margin performance. SOFI's core strength lies in its first-party lending and financial services, with a 38% member CAGR and 41% YoY sales growth from Q1 2025 to Q1 2026. The valuation has compressed significantly, with shares now trading at ~35x P/E and projected to decline to 15.7x by 2028, presenting a compelling entry point.
SoFi has acquired Peach Finance, a lending infrastructure startup specializing in loan servicing software. The acquisition expands SoFi's enterprise technology capabilities, according to a Thursday (May 21) report by Coverager.
SOFI's rising cash revenue quality and expanding fee-based businesses are strengthening earnings stability despite recent stock underperformance.