"Anthony Noto, the CEO of fintech firm SoFi Technologies ( NASDAQ:SOFI), envisions scaling SoFi into a trillion-dollar company. From introducing technology-enabled personal finance "smart cards" to facilitating Bitcoin ( CRYPTO:BTC) transactions, Noto and SoFi Technologies are bona fide disruptors in the banking space. If you're on board with Noto's bold vision for the future of finance, you may choose to own SOFI stock with a bullish outlook. You might even see the SoFi Technologies share price zooming to $50 or more in 2026."
"The SoFi Technologies share price has rallied 70% over the past 12 months, but don't get the wrong idea. It definitely wasn't a straight or easy path from $17 to $27. As you surely recall, the market has a "tariff tantrum" earlier this year, culminating in a selloff of many stocks. Since SoFi Technologies is particularly sensitive to economic changes, SOFI stock swiftly collapsed below $10 in April."
Anthony Noto, CEO of SoFi Technologies, envisions scaling SoFi into a trillion-dollar company through technology-enabled personal finance products and Bitcoin transactions. SoFi introduced 'smart cards' and facilitates Bitcoin trading, positioning the firm as a disruptor in banking. A bullish investor could expect SOFI shares to reach $50 or more by 2026, a target described as possible but uncertain. SOFI stock rallied about 70% over the past year after falling below $10 in April following a market 'tariff tantrum.' A relief rally doubled many investors' positions, yet political and economic events could quickly derail share-price gains. A controversial capital raise is a relevant factor.
Read at 24/7 Wall St.
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