SoFi Technologies, once a student loan company, transformed into a tech-driven financial platform post-SPAC acquisition, aiming to capture a mass market across numerous financial products.
Despite an IPO spike, SoFi's stock price has significantly declined since, with recent trading at $8.03, down 68.85%, leading investors to focus on future projections.
24/7 Wall Street forecasts a promising 118.68% upside potential for SoFi's stock through the end of the decade, suggesting long-term growth despite current challenges.
Investors' interest is shifting towards future performance, emphasizing the importance of revenue and earnings projections as they assess potential returns over the next years.
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