SoFi Technologies Stock Reaches 52-Week Highs

SoFi Technologies SOFI stock hits fresh 52-week highs, up over 200% in 3 years, closing at $20/share. Aggressive growth targets aim for $3 billion in revenue. Q1 sees record 10.9 million subscribers, with projected sales of $3.29 billion in 2025 and $3.93 billion in 2026.

Policy changes and crypto re-entry boost SoFi’s outlook. Strategic partnerships drive expansion, with institutional ownership over 40%. SoFi’s balance sheet shows $2.71 billion in cash & equivalents, $37.74 billion in total assets, and $31.07 billion in total liabilities.

Despite recent gains, SoFi stock remains a Zacks Rank #3 (Hold) with a 70X forward earnings multiple. Buy opportunities may arise, but SoFi is promising for long-term investors. Exciting trades ahead – download the Special Report on 7 Best Stocks for the Next 30 Days.

Read more at Nasdaq: Time to Buy SoFi Technologies Stock for Higher Highs?