
SoFi Technologies Inc. ($SOFI) has experienced significant growth in revenue and earnings per share (EPS) over consecutive quarters, raising concerns among short sellers, with approximately 180 million shares still shorted. Analysts and investors are speculating about the potential for a short squeeze as the stock price trends upward. Recent commentary indicates that $SOFI is poised to reach between $15 and $20 in the near future, with a notable increase in call options activity over the past month. The stock is gaining momentum, with comparisons being made to other fintech stocks like Upstart Holdings Inc. ($UPST) and Affirm Holdings Inc. ($AFRM). Market sentiment appears to be shifting positively for $SOFI, which has previously been viewed unfavorably in trading circles.