SoFi Technologies: Stock Surges as Company Raises Guidance
Record Q1 Performance Drives Positive Outlook
Key Highlights:
- SoFi Technologies stock (SOFI) has exhibited strong growth recently.
- 19 brokers project price targets ranging from $30.00 to $52.00.
- The stock's 52-week range spans from $11.70 to $44.50.
- SoFi Technologies has raised its full-year 2024 guidance, buoyed by Q1's exceptional performance.
SoFi Technologies reported impressive first-quarter results, propelling its stock price higher. The company's strong performance has prompted 19 brokers to issue 1-year price targets, ranging from $30.00 to $52.00. The stock's 52-week range has also been wide, with highs of $44.50 and lows of $11.70.
Encouraged by its Q1 success, SoFi Technologies has revised its full-year 2024 guidance upward. Investors are eagerly awaiting the release of the company's financial performance and future outlook for further insights into its growth potential.
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