SoFi Technologies’ stock has surged over 75% year to date, outpacing the S&P 500. Despite recent sideways trading and a rich valuation, potential growth could propel the stock higher in the next 12 months. Factors like ARK Invest’s reduced exposure and a planned share count increase have influenced recent price performance.

SoFi Technologies has shown strong revenue and membership growth, but the stock has stagnated since September. Concerns about share dilution and a premium valuation compared to competitors like PayPal and Block may be weighing on shares. Rising personal debt defaults could also pose a risk to SoFi’s valuation, despite solid financial performance.

Analysts expect SoFi’s earnings to increase by nearly 57% this year, with continued growth in future years. While valuation concerns persist, sustained earnings growth could drive the stock higher. Investors should consider the potential for SoFi’s stock to climb further, especially if earnings growth exceeds expectations over the next fiscal year.

Read more at Yahoo Finance: Is SoFi a Buy, Sell, or Hold in 2026?