SoFi Technologies Stock Surges

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SoFi stock

The Motley Fool

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Can SoFi Technologies Keep Soaring After a 131% Gain?

Summary

Nutrition label

75% Informative

Shares of the member-centric consumer bank SoFi Technologies (NASDAQ: SOFI) have been soaring.

The stock shot up by 148% during the five months between June 30 and Dec. 1, 2024 .

Wall Street analysts aren't convinced the underlying business has grown fast enough to support its lofty new valuation.

Stock Advisor returns as of December 9, 2024 Bank of America is an advertising partner of Motley Fool Money . Cory Renauer has positions in SoFi Technologies . The Motley Fool has positions in and recommends Bank of America and Toast . The Motley Fool has a disclosure policy. Can SoFi Technologies Keep Soaring After a 131% Gain? was originally published by The Motley Fool .