SoFi Technologies: Extremely Expensive At 50x P/E But Growth Opportunities Justify Premium

  • SoFi Technologies is a one-stop fintech platform with strong digital adoption, especially among younger users, driving robust member and product growth. Financial Services segment is the main growth engine, with revenues doubling year-on-year and expanding EBITDA margins, signaling operational leverage. Despite trading at a premium to peers, SoFi's high growth justifies a higher valuation, with 14% upside projected for 2026 and a $15.93 price target.