16.12.2024 12:00:00
|
Where Will SoFi Stock Be in 5 Years?
SoFi Technologies' (NASDAQ: SOFI) business has consistently grown since going public in 2020. You can't say the same about its stock price. SoFi stock has trailed the market since its debut, posting a 46% total return compared to 77% for S&P 500 index holders. For years now, the share price has underperformed index funds, which is likely frustrating investors.The underlying business has grown much quicker. Revenue is up a cumulative 263%, making it one of the fastest-growing companies in public markets since its stock began trading. Does this fast growth and stock price underperformance make SoFi a buy today? Where will it be in five years? It's time to take a closer look at this financial technology (fintech) disruptor and see whether it belongs in your portfolio today.SoFi began in 2011 as a student loan marketplace at Stanford, and eventually got its business started in student loan refinancing. Today, it has evolved into an all-in-one mobile application for your personal financial needs.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Der finanzen.at Ratgeber für Aktien!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!