Should You Buy SoFi While It's Below $25?
After a tough couple of years since going public in 2021, SoFi Technologies (NASDAQ: SOFI) stock has come roaring back. The fintech stock has surged nearly 200% over the past 12 months, fueled by accelerating growth, consistent profitability, and strong adoption across its ecosystem of digital banking products.
As SoFi stock climbs over $20 per share, many investors are asking whether now is the right time to buy. Here's what you need to know.
SoFi kicked off 2025 with strong momentum as it set new records in net revenue and member growth. Specifically, SoFi reported net revenue of $772 million, up 20% year over year, fueled by 800,000 new members during the quarter, and surpassed 10.9 million total users, a 34% year-over-year increase.
Source Fool.com
