SoFi Stock Drops 1.31% with 4.83 Billion Shares Traded Ranking 173rd in Volume
On March 25, 2025, SoFi TechnologiesSOFI-- (SOFI) experienced a significant decline, with its stock price dropping by 1.31%. The trading volume for the day was 4.83 billion, marking a 39.05% decrease from the previous day. This placed SoFiSYFI-- at the 173rd position in terms of trading volume for the day.
SoFi Technologies has seen a roller-coaster ride in recent months, with the stock plunging more than 37% from its 2024 high. The sell-off was driven by profit-taking, insider selling, and renewed fears of a trade war following President Trump’s election win. Despite these challenges, SoFi's fundamentals remain strong. The company received a bank charter in early 2022, allowing it to expand its financial service offerings, including holding deposits and issuing loans. In the final quarter of 2024, SoFi reported net revenue of $734 million, added 785,000 new customers, and grew total deposits to $26 billion. It ended the year with more than 10.1 million customers, a 34% jump compared to 2023.
Analysts expect 2025 to be another year of strong growth for SoFi. The company could also benefit from President Trump’s deregulatory agenda, which is expected to lift financial services broadly. Despite the wave of short interest, many on Wall Street remain optimistic about SoFi’s long-term fundamentals. Financial researcher Syeda Seirut Javed noted that 43 hedge funds continue to hold SoFi stock. Mad Money host Jim Cramer recently urged investors not to overreact to SoFi’s recent dip, stating that the company is in good hands under CEO Anthony Noto.
SoFi's recent developments include securing a groundbreaking loan agreement, paving the way for a significant growth trajectory. The company has penned an up to $5 billion loan deal, which could result in substantial revenue growth. Stock analysts predict SoFi will show 14% revenue growth in its earnings report, further bolstering investor confidence in the company's future prospects.
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