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Barchart
Mohit Oberoi

Will SoFi Become a $30 Stock Again or Keep Languishing Below $20?

SOFI fintech

I have generally been wary of characterizing stocks as “table pounders,” but last year I listed SoFi Technologies (SOFI) stock as one after shares fell below $25. However, while I made some good moves in SoFi — both on the buy and sell side — this one went quite wrong. Now, SOFI stock is languishing below $20 per share.

SOFI stock is now down 46% from its 52-week high of $32.73 and has underperformed badly this year. With that said, let's look at SoFi’s forecast and examine whether the stock can rise back above the $30 price level.

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