"SoFi Technologies Inc.'s ( NASDAQ: SOFI) chief executive officer stated at a conference earlier this year that the fintech company is targeting 30% member growth and 20% revenue growth. The stock is trading for 4.5% more than a week ago, on reports that SoFi has been one of the top-performing financial stocks of 2025 and that major institutions have increased their positions in it. Note that the share price is up 70.9% from six months ago, far outperforming the S&P 500 and Nasdaq."
"Worries about recession have had an impact on fintech stocks like SoFi this year. Some analysts see it as having a steep premium, while others anticipate decades of growth potential. The overall sentiment could be described as cautious optimism. SEC filings revealed that some asset management firms increased their stakes in SoFi during the third quarter. SoFi has been exploring re-entry into the crypto and blockchain space."
SoFi targets 30% member growth and 20% revenue growth. The stock rose about 4.5% over a week and is up roughly 70.9% over six months and 71.5% over one year, outperforming the S&P 500 and Nasdaq. Recession worries have pressured fintech shares, with analysts split between concerns about a steep valuation premium and expectations of decades of growth, producing cautious optimism. SEC filings show some asset managers increased stakes in the third quarter. SoFi is exploring re-entry into crypto and blockchain, launched an actively managed AI-focused ETF, rolled out Level 1 options trading, and partnered with Lightspark for blockchain international transfers. SoFi began as a student loan lender, expanded into loans, mortgages and other financial products, scaled via the 2020 Galileo acquisition, and completed a June 1, 2021 SPAC public debut.
Read at 24/7 Wall St.
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