Breaking News Alert: Sofi To Dominate the Growing Fintech Industry | Sofi Stock Price Predictions

Описание: On these video, I will be giving you the latest Sofi Stock prediction and Analysis. So on this video we will do a prediction for this stock after the Q2 earnings results which are were released on the 12th of August 2021 and also share why this stock reported a wider than expected loss.

Though this stock reported such a wide loss the CEO maintained that the will still produce total revenues of around $980 million for the year 2021. So far Sofi by just the Q1 and Q2 earnining has reported total revenues of around $453.25 million, which is not very far off the 50% mark of their target. So though Sofi reported a wider loss their CEO indicated that as for their revenues, they have exceeded their financial expectations. Sofi Technologies is a digital banking stock which is slowly becoming a one shop stop for things relating to digital banking and with digital banking growing, this is one of the stock which will do very well.

Sofi will dominate the growing fintech industry Otherwise at it reported a 113% of membership increase for their Q2 earnings results, which must be taken into consideration when investing on this stock. This stock on that report indicated that they now had 2.6 million members and that further said that the memebership has been growing exponentially every quoter for the previous 8 quoters, which again is a good sign, showing how good this stock is.

Sofi also reently aqcuired a company called Galilio, which enables companies build out payment card and other digital banking products, which again ought to be taken as a very good thing when considering this stock.

Otherwise a disclaimer to note on these video is that all content that I will be sharing on the video must not be taken as professional financial advise as there are just my opinions. Otherwise for more stock market videos visit our youtube channel @Phumudzo Siphoro

I hope you enjoy the video and I wish you nothing but the best in your stock market investing journey.

God Bless you All

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