SoFi Stock Initiated at Market Outperform at Citizens JMP - Barron's
1. Citizens JMP rates SoFi a Market Outperform with a $17 price target. 2. SoFi experienced 900% user growth since 2019, indicating successful strategy. 3. The company forecasts 25% revenue growth this year and over $9 billion by 2030. 4. SoFi achieved profitability across all segments, seen as undervalued by analysts. 5. Analysts highlight a compelling long-term valuation at seven times 2026 estimates.