SoFi Technologies, Inc. (SOFI) shares have risen by 2.63% to $16.01 as of November 25, 2024. The stock's upward movement continues a trend of strong performance, with investors showing increased confidence in the company's growth prospects. The recent surge in SoFi's stock price is part of a broader rally, as the company benefits from positive market sentiment and strategic developments that have bolstered its financial outlook.
On Reddit, discussions about SoFi are vibrant, with many users expressing optimism about the stock's future. One user on r/wallstreetbets mentioned, "Funny enough it’s probably going to 22 by March and maybe sooner. Institutional investors are gobbling it up quicker than Thanksgiving dinner." Another user on r/sofistock celebrated the recent price milestone, stating, "We hit 16$ overnight! What a run we have been having. It’s hard not to be euphoric but it’s also scary to be euphoric…" The excitement is palpable, with some users speculating about even higher price targets, such as "$20 EoY with $16 is only $4 Away From $20." Despite the enthusiasm, some caution remains, as one user advised, "Expect some pullback at some point. Don't panic. Hold and get rewarded." As the stock continues its upward trajectory, the community remains engaged and hopeful for further gains.