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Barchart
Sneha Nahata

Up 85% YTD, is SoFi Technologies Stock Still a Buy?

SOFI SoFi Technologies Joe Biden

Shares of SoFi Technologies (SOFI)  have risen about 85% year-to-date in 2023, easily outperforming the S&P 500 Index ($SPX)(SPY). Currently valued at a market cap of $7.85 billion, shares of the financial services company are still down 66% from all-time highs.  

Let’s see how high SoFi stock can climb in the next 12 months and whether it makes sense to buy it at the current valuation.  

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