SoFi Technologies Stock Gains 121% in 6 Months: Buy, Hold, or Sell?
SoFi Technologies(SOFI) ZACKS·2025-01-29 16:25
Shares of SoFi Technologies, Inc. (SOFI) have surged 121% in the past six months. This rise is significant, especially compared to the 13% rise in its industry.Image Source: Zacks Investment ResearchGiven this remarkable upsurge, you may wonder if the current level still offers a buying opportunity. Let’s find out.Rate Cuts, Policy Shifts Drive SOFI's SurgeThe Federal Reserve's recent rate cuts have significantly boosted SOFI by alleviating pressure on its lending business. Lower interest rates reduce borro ...