Following President Trump's inauguration, markets rallied, with SoFi Technologies notably outperforming. Shares rose 7.6% due to expectations surrounding a significant $525 million securitization deal. CEO Anthony Noto stated that this strategy, where SoFi sells the right to collect on personal loans, will aid growth significantly. Analysts predict a 14% revenue growth in SoFi's upcoming earnings report on January 27, further fueling investor interest in the fintech company's potential, despite general stock market trends driven by political developments.
SoFi's CEO believes that the recent $525 million securitization deal will significantly contribute to the company's durable growth as it capitalizes on increased loan origination.
Stock analysts forecast a 14% revenue growth for SoFi, supporting optimism ahead of the upcoming Q4 earnings report due on January 27.
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