Prediction: SoFi Technologies Stock Will Double Within 1 Year

Just eight months ago, SoFi (NASDAQ: SOFI) was trading for nearly $33 per share. Today, it trades for about half of that price, despite posting 41% revenue growth, record loan originations, rapidly growing profitability, and excellent progress in cross-selling products to its existing membership base.So, why is there such a disconnect between SoFi's stock performance and the growth of its business? To be fair, the stock is down for a reason -- actually, several of them, which I'll discuss in a bit. But I'm making a bold prediction that SoFi will return to its previous highs, more than doubling from its current level, within one year.Image source: SoFi.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool