SoFi Technologies stock surges 16% on cryptocurrency investments, revenue growth potential.

From Nasdaq: 2025-07-03 00:55:00

SoFi Technologies (NASDAQ: SOFI) stock has surged 16% in a week, hitting a 52-week high of $18. The momentum is driven by the announcement of cryptocurrency investments making a comeback on their platform, leveraging blockchain for money transfers. This could be a significant revenue driver as digital assets gain mainstream acceptance.

SoFi’s financial performance has been impressive, with average revenue growth of 36.2% annually over three years. Revenue jumped 25.9% in the last 12 months to $2.8 billion. Projections show revenues doubling to over $5 billion by 2027, with potential additional boost from new crypto offerings.

Currently trading at $18, SoFi has a price-to-sales ratio of 7.3x, slightly above its four-year average of 5.5x. An upside scenario projects revenues growing 2.5x over three years, leading to an 80% gain in stock price to around $33. But risks include interest rate sensitivity, competition, valuation multiples, and market volatility concerns.



Read more at Nasdaq: Analyzing Upside Potential For SoFi Technologies Stock