NASDAQ:SOFI
SoFi Technologies (SOFI)
Financials 
Technical Analysis 
May 28, 2026, 12:00 amThis summary was created by AI, based on 8 opinions in the last 12 months.
SoFi Technologies (SOFI-Q) has shown significant growth despite recent volatility and market challenges. The company reported impressive revenue of $1.27 billion this quarter, reflecting a 12.3% increase from the previous quarter, alongside a substantial rise in membership numbers, which indicate strong demand for its services. Experts note that it appears to be trading at a high PE ratio, but with growth rates that may justify this valuation. While there are concerns regarding short-seller allegations and recent guidance disappointments contributing to stock price declines, many analysts remain bullish about SoFi's long-term potential in the fintech landscape. Overall, there is a sentiment that after recent pullbacks, SOFI could be a good buy for investors looking to hold over a medium to long-term horizon.
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Premium contentSoFi reported a revenue of 1.27B, which is a 12.3% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction. Gross Profit stood at 952M, marking a 12.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes. Social media mentions are up 7.2% in the past 24h.
Is a long-time SOFI bull. Shares are +137% in the last 6 months. Still has upside, driven by genuinely great numbers: membership has soared from 5.22 million in 2022 to roughly 12.99 million today while revenue has more than doubled in that time. Also, is enjoying excellent earnings growth, and the company is now profitable. It looks pricey at 81x PE, but is reasonable at 107% earnings growth. SOFI has beaten sales and EBITDA ever since going public in 2021. They keep expanding their banking services until it's become more of a full-service financial institution, trusted by younger customers. Good to buy now after a pullback. Don't expect another rally like this year, but will perform well over 3-5 years.
With a 76% one year gain, it was not overly surprising to see some profit-taking. The quarter was solid as was the outlook and commentary. There was record member growth and loan originations. New products/services add more potential. We think it is buyable and are warming up to this name.
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We have done more work on its ability to compete in a crowded market and are more comfortable there. The recent results and the stock momentum have also certainly been big positive factors. It has good potential, we think, if it can continue to execute. One minor concern: it is a very very popular social media stock. While still relatively small, it is hardly unknown. This is not necessarily bad but can increase volatility if the majority of holders are trading/retail.
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SoFi Technologies (SOFI) Frequently Asked Questions
What is SoFi Technologies stock symbol?
SoFi Technologies is a American stock, trading under the symbol SOFI (previously SOFI-Q on Stockchase) on the NASDAQ (SOFI). It is usually referred to as NASDAQ:SOFI or SOFI
Is SoFi Technologies a buy or a sell?
In the last year, 5 stock analysts published opinions about SOFI (previously SOFI-Q on Stockchase). 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for SoFi Technologies.
Is SoFi Technologies a good investment or a top pick?
SoFi Technologies was recommended as a Top Pick by Jim Cramer - Mad Money on 2024-10-21. Read the latest stock experts ratings for SoFi Technologies.
Why is SoFi Technologies stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
Is SoFi Technologies worth watching?
5 stock analysts on Stockchase covered SoFi Technologies in the last year. It is a trending stock that is worth watching.
What is SoFi Technologies stock price?
On 2026-05-29, SoFi Technologies (SOFI) stock closed at a price of $18.22.
Be patient with it. He's owned this for a year when it was going sideways. It can take time. There's concern with the consumer. They do buy now, pay later. Good growth and decent PE, but higher risk.