SoFi Stock Forecast with Mixed Catalysts and Risk

4 days ago

Parkev Tatevosian, CFA

"So all that being said, where do I see SoFi stock by the end of next year? Well, I still think SoFi stock is most likely to move higher, but with substantial risk. And so, I see the share price rising to between $35 a share and $40 per share by the end of next year. But this is going to come with significant risk. The downside could be much more. And the upside could also be much more. Its a high risk, high-reward type situation for SoFi stock investors next year."

The speaker outlines his forecast for SoFi, stating that while the stock has performed strongly and is expected to move higher based on various forward PE scenarios, there are significant risks from a slowing economy and potential defaults in its lending portfolio. He projects the stock price to reach between $35 and $40 by the end of next year, highlighting a high risk, high-reward situation.

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