SoFi surges toward yearly highs as strong earnings and renewed crypto push lift sentiment

SoFi Technologies drew fresh investor attention on November 28 as the stock rallied 4.3% to close at $29.72, moving closer to its 2025 high of $32.73. The advance came on lighter than-usual volume, with 26.4 million shares traded versus a recent average of 74.5 million, indicating steady accumulation rather than momentum chasing. SoFi’s valuation remains elevated, with a trailing P/E ratio around 50–55, far above most consumer finance peers.