Prediction: SoFi Stock Will Double by 2026
Investors are getting excited about SoFi Technologies (NASDAQ: SOFI) stock again. The fintech superstar lost market confidence earlier this year as its lending business came under pressure from interest rates, but it has continued to gain traction as a real alternative to the big, traditional banks.
Chief Executive Officer Anthony Noto is confident that SoFi will become one of the 10 biggest banks in the country. "It's a matter of when, not if," he said in the company's third-quarter earnings remarks.
SoFi has been reporting outstanding progress, and trends are starting to work in its favor. Here are three reasons SoFi stock could double by 2026.
Source Fool.com
