Reported 1 day ago
A bullish thesis on SoFi Technologies highlights the company's strong fundamentals, including 16 consecutive revenue beats and a significant increase in membership. Despite recent stock declines due to macroeconomic concerns, SoFi's first-quarter results showed a 33% year-over-year revenue growth, reflecting a maturing business model. Analysts predict continued growth, with projected FY25 revenue surpassing $3.3 billion and a potential stock price increase, indicating a favorable long-term investment outlook.
Source: YAHOO