SoFi Technologies, Inc. (SOFI) shares hit a 52-week high of $17.04 on Monday, before closing a tad lower at $16.88.The stock has more than doubled over three months, rallying 102% compared with the industry's meager 11% rise.Image Source: Zacks Investment ResearchRate Cuts, Refinancing and Digitalization Drive SOFI StockSeveral factors contribute to SOFI's impressive price surge and serve as catalysts for future growth.The Federal Reserve's recent rate cuts have significantly boosted SOFI by alleviating pre ...

These seemingly similar companies are different in a handful of ways that matter to investors.Are you looking for a new fintech name to add to your portfolio? It's certainly an area worth a look. The convergence of these two distinct sectors (finance and technology) is creating some incredible growth opportunities.In fact, it has arguably made for too many options. Take Nu Holdings (NU -0.30%) and SoFi Technologies (SOFI -1.01%). Both are great online banks, leading their respective markets. But some invest ...

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SoFi Technologies' (SOFI 2.20%) business has consistently grown since going public in 2020. You can't say the same about its stock price. SoFi stock has trailed the market since its debut, posting a 46% total return compared to 77% for S&P 500 index holders. For years now, the share price has underperformed index funds, which is likely frustrating investors.The underlying business has grown much quicker. Revenue is up a cumulative 263%, making it one of the fastest-growing companies in public markets since ...

Every investor is looking for the next Apple or Nvidia. Putting even a small amount into either of those stocks when they were just starting out would be giving investors staggering results today.That's why it's so important to have a diversified portfolio of excellent stocks. You only need one to take off to create incredible market success, but you won't know which one it will be.SoFi Technologies (SOFI 2.20%) is a young fintech superstar. Could SoFi stock set you up for life?Why SoFi looks so compellingS ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!Daniel Sereda is chief investment analyst at a family office whose investments span continents and diverse asset classes. This requires him to navigate through a plethora of information on a daily basis. His expertise is in filtering this wealth of data to extract t ...

SoFi Technologies (NASDAQ: SOFI ) remains one of the biggest fintech winners, given the expansion of its Galileo platform and strong personal loan growth. Although we had earlier noted the possibility of some pullback from rapidYiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, ...

SoFi Technologies (SOFI -0.25%) has been a standout performer, with the stock price skyrocketing by an impressive 240% since the beginning of 2023. This fintech company reinvented itself during the past few years, reported its first profitable quarter last year, and now has four consecutive profitable quarters under its belt.As SoFi's bottom line improves and it continues attracting new customers, the question on many investors' minds is: Could buying SoFi stock today pave the way to millionaire status? Let ...

Mesh Payments has selected SoFi Bank as its sponsor bank and continues to partner with SoFi Technologies-owned Galileo Financial Technologies as its longtime payments processor.This partnership integrates Mesh Payments’ expense and card infrastructure with SoFi Bank’s financial framework and Galileo’s customizable API-based payments processing platform, the companies said in a Thursday (Dec. 12) press release.The combination of these capabilities will allow Mesh Payments to streamline enterprise expense man ...

Shares of the member-centric consumer bank SoFi Technologies (SOFI 4.25%) have been soaring. The stock shot up by 148% during the five months between June 30 and Dec. 1, 2024.SoFi stock defied gravity for months but started falling recently. Investment-bank analysts aren't convinced the underlying business has grown fast enough to support its lofty new valuation.Is SoFi Technologies still a good stock to buy or has it run too far already? To find out, we'll look at why it shot higher this year and why Wall ...