NASDAQ:SOFI
SoFi Technologies (SOFI)
Financials 
Technical Analysis 
Jul 31, 2026, 12:00 amThis summary was created by AI, based on 9 opinions in the last 12 months.
SoFi Technologies (SOFI-Q) has garnered mixed reviews from experts amid a turbulent fintech landscape. While some analysts express skepticism due to short-seller allegations and a recent selloff following disappointing guidance, others are optimistic about the company's growth trajectory. With an increase in revenue and membership, SoFi is positioned to become a significant financial powerhouse, despite experiencing volatility in its stock price. Long-term bulls highlight the impressive membership growth and profitability, suggesting that SoFi has substantial upside potential. However, the higher P/E ratio indicates risks that investors should consider before making a decision.
SOFI has had several pieces of good news recently, and is now up on the year (slightly) after being down significantly. It is up 75% from its August low. The momentum shift is impressive, and EPS is expected to more than double next year. If it can execute, the mid-cap stock could get more attention. Estimates have been ticking up, and the last quarter nicely beat estimates. We would be OK taking an initial position in the $9.75 range.
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Premium contentSofi is a new kind of finance company. from unprecedented products and tools to faster service and open conversations, we’re all about helping our members get ahead and find success. whether they’re looking to buy a home, pay off their student loans, ascend in their careers, or invest in the future, the sofi community works to empower our members to accomplish the goals they set and achieve financial greatness as a result. nmls #1121636. Social media mentions are up 550% in the past 24h.
SOFI generated positive EPS of 1c beating analysts estimates that the company would breakeven for the quarter, and improving from a 6c loss in the year prior. Total revenue also beat estimates of $564.39M coming in at $598.62M displaying a 20% year-over-year increase. The company also increased guidance for 2024 expecting EPS between 9c-10c, ahead of estimates of 8c. Q3 guidance was also 1c greater than analyst estimates of 3c. Management expects to add 2.3 million new memebers in 2024, dispakyin 30% growth. This looks to be a solid quarter for SOFI, beating estimates and upping guidance but the market reaction has been muted.
Unlock Premium - Try 5i Free
Premium contentSofi is a new kind of finance company. from unprecedented products and tools to faster service and open conversations, we’re all about helping our members get ahead and find success. whether they’re looking to buy a home, pay off their student loans, ascend in their careers, or invest in the future, the sofi community works to empower our members to accomplish the goals they set and achieve financial greatness as a result. Social media mentions are up 100% in the past 24h.
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They got some new, big backers. Have a great CEO. It's breaking out, so shorts will have to cover.