SoFi Stock Has 42% Upside, According to 1 Wall Street Analyst
SoFi stock is growing profits by leaps and bounds, and an $11 price target could be conservative.In December 2021, Citigroup initiated coverage of the recent SPAC IPO and "social finance" company SoFi Technologies (SOFI 4.87%). Analyst Ashwin Shirvaikar predicted SoFi's "differentiated combination of consumer and enterprise services" and "member-centric approach" would "lead to rapid member growth and engagement." He was right.From 2021 through 2023, SoFi more than doubled its revenue from $977 million to $ ...