Is SoFi Technologies Stock Your Ticket to Becoming a Millionaire?

By Neil Patel – Mar 5, 2026 at 9:05PM ESTKey PointsSoFi went from 1.9 million members at the end of 2020 to 13.7 million at the end of 2025. Since first posting positive net income in Q4 2023, the company’s profits have been soaring. With shares well off their peak, now is an opportune time to buy the dip.SoFi Technologies (SOFI +3.00%) is achieving notable success in the competitive world of financial services. And investors have benefited. Shares are up 186% in the past three years (as of March 2). This phenomenal gain has occurred even though they trade 43% below their all-time high from November 2025. There are reasons for investors to be bullish. But is this fintech stock your ticket to becoming a millionaire? Image source: Getty Images. SoFi is showing no signs of slowing down The main factor that investors probably zero in on is SoFi's tremendous growth. It registered a year-over-year adjusted net revenue increase of 38% in 2025. That was an acceleration compared to 2024, indicating momentum that's strengthening. Research from The Motley Fool shows that digital banking access is important for customers. And SoFi excels in this regard, as its easy-to-use interface has been catching on remarkably. SoFi ended 2020 with 1.9 million customers. As of Dec. 31, 2025, it reached 13.7 million. This type of growth is not common in the financial services industry. SoFi's ability to attract younger consumers can be beneficial over the long term. As these people make more money, their financial needs will evolve and become more complex. SoFi will be able to leverage its relationships to serve these customers, providing a durable tailwind for revenue growth. Unlike typical growth stocks, though, SoFi is consistently profitable. Ever since the fourth quarter of 2023, it has generated positive net income in every single three-month period. And this will only become more pronounced in the future (more on this below). ExpandNASDAQ: SOFISoFi TechnologiesToday's Change(3.00%) $0.56Current Price$19.26Key Data PointsMarket Cap$24BDay's Range$18.64 - $19.4852wk Range$8.60 - $32.73Volume2MAvg Vol58MGross Margin61.06% Don't bet it all on one stock Every investor wants to find the lottery ticket that can set them up for life and help them get to millionaire status. While this can be alluring, investors shouldn't depend on any individual business to drive their returns. The best investors work toward building diversified portfolios that can perform well over the long term and under different circumstances. That being said, SoFi is certainly worthy of investment consideration right now. With the stock taking a dip, it trades at a forward price-to-earnings ratio of 30.1. This doesn't look cheap at first glance. However, consider the company's profit trends. SoFi's management team expects adjusted net income to be $825 million in 2026. That would be 72% higher than 2025's total. And between 2025 and 2028, they believe adjusted earnings per share will grow at a compound annual rate of 40% (at the midpoint). Based on this type of outlook, long-term investors would be wise to purchase this fintech stock.Read NextMar 5, 2026 •By Prosper Junior Bakiny2 Growth Stocks Down 33% and 8% This Year to Buy and Hold for a DecadeMar 5, 2026 •By Travis HoiumIs This a Massive Buy Sign for SoFi Stock?Mar 5, 2026 •By Matt Frankel, CFPWall Street Is Selling SoFi. Here's Why I Think That's a Terrible Mistake.Mar 4, 2026 •By Jennifer Saibil2 Monster Stocks to Hold for the Next 10 YearsMar 4, 2026 •By Chris NeigerWhy SoFi Stock Fell 22% Last MonthMar 3, 2026 •By Emma NewberyStock Market Today, March 3: SoFi Technologies Rises on Mastercard Stablecoin DealAbout the AuthorNeil Patel is a contributing Motley Fool stock market analyst covering consumer staples, consumer discretionary, financials, information technology, and communication services. Prior to The Motley Fool, Neil worked in corporate finance roles at JPMorgan Chase and Capital One. He also has experience working on a start-up in the cryptocurrency space. He holds a bachelor’s degree in business administration with a specialization in finance from Ohio State University.TMFNeilPatelStocks MentionedSoFi TechnologiesNASDAQ: SOFI$19.26(+3.00%)+$0.56*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.