From NASDAQ.: 2025-04-02 04:53:00

SoFi Technologies (NASDAQ: SOFI) is gaining popularity in the financial sector with its digital bank’s super app, attracting users and driving growth through cross-selling opportunities. Despite recent volatility, the stock has shown substantial growth, rebounding in late 2024. SoFi’s customer base has grown impressively from 1.8 million in 2020 to 10.1 million in 2024, with positive net income. However, concerns about a potential recession loom, impacting consumer sentiment and financial struggles. SoFi remains vigilant with its capital ratios and lending metrics, positioning itself well for potential economic challenges. Investors should monitor trends closely for future performance indicators.



Read more at NASDAQ.: SoFi Technologies: Buy, Sell, or Hold?