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This Magnificent Fintech Stock Is Down 30% This Year, but 1 Wall Street Analyst Sees It Going 72% Higher

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This Magnificent Fintech Stock Is Down 30% This Year, but 1 Wall Street Analyst Sees It Going 72% Higher: https://g.foolcdn.com/editorial/images/775222/family-child-saving-piggy-bank-financial-lessons-save-money-1200x800-5b2df79.jpg

SoFi Technologies (NASDAQ: SOFI) -- the online bank that went public in 2021 -- has moved past its origins as a lending cooperative and its status as a hyped-up initial public offering (IPO) stock. It's been demonstrating profitable growth at scale and has huge long-term opportunities. So why is its stock down 30% this year?

Let's see what's going on, and why one Wall Street analyst still sees more than 70% upside over the next year or so.

SoFi reported another outstanding quarter with accelerating revenue growth, more members, and net income beating expectations all around.

Source Fool.com

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