Reported about 9 hours ago
SoFi Technologies (NASDAQ: SOFI) has seen a significant price increase of 106% in the last five months, driven by a growing customer base and improved earnings. However, shares remain 44% lower than their peak, leading to questions about whether it’s a good time to buy, sell, or hold. With its ambitious goals and an all-digital platform, SoFi is positioning itself as a strong contender in fintech. Yet, analysts caution against purchasing at this elevated valuation, suggesting that existing investors may prefer to hold.
Source: YAHOO