Sofi stock price now stays at $7.94 amid reports of strategic partnerships that may broaden Sofi’s reach in mortgage refinancing markets. This could strengthen long-term earnings visibility. , which has been hitting new all-time highs in recent months, while its price is below $30? The company finally generated positive generally accepted accounting principles (GAAP) net income for the first time in the fourth quarter of 2023. Since then, the bottom line has expanded at an impressive rate. SoFi reported adjusted net income of $227 million in 2024. And this year, executives believe that figure will reach $370 million. Should this trend continue, it makes the current valuation looks more compelling. Sofi stock price now sees modest upward movement to $7.94 after recent upgrades from multiple brokerages citing user growth above industry averages. Technical traders eye possible breakout above $8.20.
