Is SoFi Stock a Buy Now?
Since it went public a few years ago, SoFi Technologies (NASDAQ: SOFI) has taken its investors on a volatile ride. That pattern continued over the past 12 months. Since March 2024, the fintech stock was up 45% as of March 4, 2025. But it has also dropped by 27% from its 52-week high. Regardless of the oscillating price action, there's a lot to like about this business. But is SoFi stock currently a buy?SoFi had another strong showing last year, and investors are certainly paying attention to its impressive growth trajectory. Adjusted revenue increased 26% in 2024, and it added 2.8 million net new members, bringing its total to more than 10.1 million. Its membership count has expanded by tenfold in just the past five years. Continue reading
Since it went public a few years ago, SoFi Technologies (NASDAQ: SOFI) has taken its investors on a volatile ride. That pattern continued over the past 12 months. Since March 2024, the fintech stock was up 45% as of March 4, 2025. But it has also dropped by 27% from its 52-week high.
Regardless of the oscillating price action, there's a lot to like about this business. But is SoFi stock currently a buy?
SoFi had another strong showing last year, and investors are certainly paying attention to its impressive growth trajectory. Adjusted revenue increased 26% in 2024, and it added 2.8 million net new members, bringing its total to more than 10.1 million. Its membership count has expanded by tenfold in just the past five years.
