Will SoFi Stock Keep Climbing or Is It Due for a Pullback After a 181% Gain?

SoFi Technologies (SOFI) stock has soared more than 181% over the past year. The fintech company’s rally is backed by its strong operating performances over the past several quarters.  SoFi has consistently expanded its member base and product offerings, reflecting an ability to attract and retain customers while diversifying its business mix.

Moreover, SoFi’s shift toward capital-light revenue streams, a move that enhances profitability and reduces dependence on interest income, adds to investors’ optimism. At the same time, its lending business continues to perform strongly, supported by a robust deposit base that helps the company keep funding costs low. Together, these factors have translated into strong growth in its share price.