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SoFi shares seen rebounding with 14% upside amid strong growth despite recent stock drop

Analyst Insights
18 May 2026
24/7 Wall Street
View Source
Bullish
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SoFi Technologies' stock has fallen nearly 50% from its peak despite strong Q1 2026 results, including 41% revenue growth and record loan originations. The company faces short-term challenges like a 27% revenue drop in its Technology Platform due to a major client loss, but bulls highlight consistent profitability and growth prospects, projecting the stock could double by 2029. Risks include rising loan charge-offs and margin pressure, but the stock is rated a buy with a $18.28 price target, implying 14% upside from current levels. Investors should watch credit trends and Technology Platform recovery closely as catalysts like stablecoin adoption and business banking expansion could drive future gains.

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