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Where Will SoFi Be in 3 Years?
The share price of SoFi Technologies (NASDAQ: SOFI), an online bank and leading financial technology (fintech) company, has more than doubled over the past year. The San Francisco-based company has done a great job of expanding its services to appeal to a wider consumer base, which in turn has pushed sales and earnings -- along with SoFi's stock price -- higher.Despite its growth, there are indications that consumers are trimming their spending amid some economic uncertainty. Here's how it might impact the company and where SoFi could be three years from now.Image source: Getty Images.Continue reading
The share price of SoFi Technologies (NASDAQ: SOFI), an online bank and leading financial technology (fintech) company, has more than doubled over the past year. The San Francisco-based company has done a great job of expanding its services to appeal to a wider consumer base, which in turn has pushed sales and earnings -- along with SoFi's stock price -- higher.
Despite its growth, there are indications that consumers are trimming their spending amid some economic uncertainty. Here's how it might impact the company and where SoFi could be three years from now.
Image source: Getty Images.
