NASDAQ:SOFI
SoFi Technologies (SOFI)
Financials 
Technical Analysis 
Jul 10, 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 over the past year, with the membership count rising from 5.22 million in 2022 to about 12.99 million today, in addition to a revenue increase of 12.3% from the previous quarter. Although the stock has faced a recent downturn, dropping 29% in the last month and 15% after disappointing guidance, some experts believe this presents a buying opportunity, especially given the company's overall financial health and profitability. With a high PE ratio and some concerns regarding shortsellers and creative accounting, the experts express mixed sentiments, but there's a general belief in SoFi's potential for growth over the next several years as it positions itself as a full-service financial institution trusted by younger clients. Despite the volatility and the challenges in the consumer market, many maintain faith in the company's trajectory, suggesting to hold or buy on dips.
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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.
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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. Social media mentions are up 100% in the past 24h.
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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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