SoFi Technologies: Buying This Plunge Makes Sense

  • Despite recent market downturns, SoFi Technologies has shown consistent revenue growth and an increase in user base, justifying a continued 'buy' rating. The Financial Services segment saw remarkable growth, with revenue doubling year-over-year, driven by the loan platform fee model and personal loan originations. While profitability metrics have been mixed, EBITDA improved significantly, and management forecasts strong revenue and net income growth for 2025.