Over the past 36 months, shares of SoFi Technologies (SOFI 4.02%) have produced a fantastic return of 185% (as of Feb. 24). But this fintech stock is trading 42% below its record. So, perhaps now is the right time to invest.
Where will SoFi be in three years?
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SoFi's incredible momentum should continue
This company's growth trajectory is not characteristic of typical entities in the financial services sector. SoFi has been on an incredible run. Adjusted net revenue rose by 38% in 2025, compared to the year before. The business now has almost 13.7 million customers, up 161% from 5.2 million at the end of 2022.
It's reasonable to expect the growth to continue, even though it might occur at a slower pace. But the leadership team is optimistic. "Management expects to deliver compounded annual growth in adjusted net revenue of at least 30% from 2025 to 2028," the fourth-quarter 2025 financial press release reads.
SoFi's digital platform provides an exceptional user experience, which helps it drive customer acquisition. Its loan originations, for instance, keep registering big gains. Fee-based revenue from things like its loan platform, interchange, and brokerage is also impressive.
New products and services also help. The business is going full steam ahead with cryptocurrency and blockchain capabilities. CEO Anthony Noto's forward-thinking mentality is a breath of fresh air. "We are uniquely positioned to benefit from both the crypto and AI technology super cycles taking place," he said on the Q4 2025 earnings call.
NASDAQ: SOFI
Key Data Points
Earnings growth can drive investment returns
In 2023, SoFi was operating deep in the red, as its adjusted net loss came in at $54 million. There were probably questions about the business ever becoming consistently profitable.
In 2024, those doubts were put to rest, as adjusted net income totaled $227 million. That figure soared 112% last year, and it's projected to rise 72% in 2026. Again, executives are setting a very positive tone.
"Management expects to deliver compounded annual growth in adjusted earnings per share of 38% to 42% from 2025 to 2028," the latest press release highlights.
Since there are no physical bank branches to deal with, which can be costly, SoFi eliminates what can be a meaningful overhead expense. As it continues to scale up, it should get better at leveraging its various cost items, whether that's in technology and product development or in sales and marketing.
Between now and early 2029, SoFi shares have a good shot at beating the market, thanks to the potential for tremendous earnings growth. Investors should consider adding the company to their portfolios.
