If You'd Invested $1,000 in SoFi Technologies (SOFI) Stock 3 Years Ago, Here's How Much You'd Have Today. (Spoiler: Wow.)

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Selena Maranjian, The Motley FoolMon, Aug 25, 2025, 11:27 AM 5 min readSoFi Technologies keeps expanding its offerings, aiming to be a one-stop financial shop.It's been adding millions of new members regularly.Its stock price isn't cheap, though.10 stocks we like better than SoFi Technologies ›Apple, Nvidia, and Palantir Technologies are not the only stocks that have been amazing performers for investors. Even some banking stocks have soared in recent years -- like SoFi Technologies (NASDAQ: SOFI).Just how much has SoFi Technologies soared by? Well, if you'd invested $1,000 in it three years ago, your stake would be worth around $3,824 as of Aug. 21. That's an average annual gain of 56% -- versus, for comparison, a still-respectable 17% for the S&P 500 index.SoFi especially targets younger customers. Image source: Getty Images.Returns like that may have you eager to invest in SoFi Technologies, yourself. Before getting into whether you should, it's worth getting to know the company.In its own words, SoFi says:SoFi's mission is to help people reach financial independence to realize their ambitions.That's all kind of vague, though, right? So know that SoFi is an online bank -- a "fintech" business -- that also offers personal finance services. In its early days it focused more on student loan services, but now it also encompasses auto loan refinancing, personal loans, mortgages, credit cards, investments, and, of course, banking. It especially targets millennials and other youngish consumers, and it serves them via an app and its website.SoFi Technologies is aiming to be a one-stop shop to its nearly 12 million members. It recently boasted $73 billion-plus in funded loans and more than $34 billion in debt paid off by members.Its "SoFi Plus Premium" membership program offers lots of perks that add up to more than $1,000 in annual value, per the company. These benefits include an unlimited 1% match in its SoFi Invest service, unlimited (and free) one-on-one appointments with financial planners, 3% back on hotels via its SoFi Travel portal, up to 3.3% cash back rewards on its credit card, and more. This membership costs $10 per month -- or less.So -- should you invest in this exciting stock? Well, maybe. Since it's growing briskly, it can reasonably support a steeper valuation, but its recent price-to-sales ratio of 9 is quite steep, as is its recent forward-looking price-to-earnings (P/E) ratio of 69. My colleague Matt Frankel has recently noted: "At the current share price, SoFi trades for about 4.1 times book value, a hefty premium to pay for a bank. For context, Bank of America currently commands a valuation of about 1.3 times book, while JPMorgan Chase, which is generally considered an 'expensive' bank stock, has a price-to-book valuation of 2.4."Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,450.30 +10.98 (+0.17%)Dow 3045,319.22 +36.75 (+0.08%)Nasdaq21,493.16 +43.87 (+0.20%)Russell 20002,357.51 +18.34 (+0.78%)VIX14.99 +0.20 (+1.35%)Gold3,431.10 +13.60 (+0.40%)PortfolioSign in to access your portfolioSign inTop gainersSATS EchoStar Corporation 52.13 +22.25 (+74.46%)SMTC Semtech Corporation 58.52 +7.51 (+14.74%)HSAI Hesai Group 26.33 +2.95 (+12.62%)UUUU Energy Fuels Inc. 12.36 +1.43 (+13.07%)LEU Centrus Energy Corp. 207.44 +22.16 (+11.96%)Top losersNEGG Newegg Commerce, Inc. 68.75 -16.25 (-19.12%)KDP Keurig Dr Pepper Inc. 29.11 -2.00 (-6.41%)BWLP BW LPG Limited 15.14 -0.85 (-5.31%)EBAY eBay Inc. 93.97 -4.58 (-4.65%)HMY Harmony Gold Mining Company Limited 15.01 -0.71 (-4.52%)Most activeOPEN Opendoor Technologies Inc. 4.4900 -0.0500 (-1.10%)NIO NIO Inc. 6.78 +0.68 (+11.24%)NVDA NVIDIA Corporation 182.07 +2.24 (+1.24%)LCID Lucid Group, Inc. 2.1450 +0.0650 (+3.13%)PLTR Palantir Technologies Inc. 160.68 +3.51 (+2.23%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersSATS EchoStar Corporation 52.13 +22.25 (+74.45%)DJT Trump Media & Technology Group Corp. 18.21 +0.99 (+5.72%)HUT Hut 8 Corp. 25.68 +2.23 (+9.49%)ALLR Allarity Therapeutics, Inc. 1.6998 +0.7585 (+80.58%)LLY Eli Lilly and Company 728.30 +32.97 (+4.74%)Top economic events