From Nasdaq: 2025-05-23 03:15:00

SoFi Technologies (NASDAQ: SOFI) has experienced stock price fluctuations between $6 and $18 in the past year. Despite challenges, the all-digital bank has shown strong performance. The company recently acquired a banking charter, leading to its first net income in 2021. SoFi’s digital banking ecosystem has attracted over 10.9 million members. With a 34% increase in members year over year, there are promising growth opportunities. The company’s stock currently trades at 3.2 times its tangible book value, showing potential for shareholder returns over the next three years.

Investors are considering if now is the right time to invest in SoFi Technologies. The company’s recent strides in profitability and growth in student loan business suggest positive prospects. The Motley Fool Stock Advisor team has identified 10 best stocks for investors to buy now, with SoFi Technologies not being one of them. The team has a track record of market-crushing returns, emphasizing the importance of staying informed on top investment opportunities.



Read more at Nasdaq: Where Will SoFi Technologies Be in 3 Years?