Wall Street’s Obsession with SoFi Stock Amid Fintech Boom
SoFi (SOFI) continues to captivate Wall Street with its digital-first financial services platform, driving a 266% surge in share price over the past year. The company's tech-forward approach resonates with users, fueling record customer growth—11.7 million and counting.
Second-quarter revenue jumped 43% year-over-year, outpacing Q1's 20% growth. Management projects 30% revenue growth for 2025, with potential upside from rate cuts stimulating loan demand. Despite trading NEAR all-time highs, the fintech's blistering expansion shows no signs of deceleration.