SoFi Technologies Inc (NASDAQ:SOFI) is exempt from the AI struggles today, last seen up 2.8% to trade at $14.61.
SoFi just posted record loan originations, deposits, and member growth, yet the stock cratered nearly 46% this year while the broader market surged.
Rising long-term interest rates are overwhelming a fresh buy initiation from StoneX on SoFi Technologies (NASDAQ:SOFI | SOFI Price Prediction) and sending SoFi stock sharply lower. SoFi stock is at $14.
SoFi Technologies (SOFI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
SoFi Technologies, Inc. (SOFI) closed at $15.23 in the latest trading session, marking a -3.61% move from the prior day.
SOFI is bringing crypto-linked cards to Mexico with Orbi and Mastercard, while exploring SoFiUSD transfers as regional stablecoin demand grows.
SoFi is initiated at a 'Buy,' with fair value materially above current levels and a technical setup supportive of a year-end bounce. SOFI delivered strong Q2 results: $1.21 billion revenue (+41% YoY), record member/product growth, and raised FY 2026 revenue guidance to $4.75–$4.85 billion. Heavy reinvestment, not operational weakness, drove recent stock underperformance; management prioritizes long-term growth over near-term earnings or capital returns.
SoFi Technologies, Inc. remains a Buy, with a focus on achieving its ambitious 2026 profit target despite margin pressures. SOFI's incremental margin must reach 52–62% in H2 to hit $1.6B adjusted EBITDA, but strong revenue growth could ease this requirement. SoFiUSD and SoFi Plus offer optionality and cross-sell potential, though near-term financial impact from SoFiUSD is limited.
SoFi and Chime offer contrasting fintech growth strategies, with improving profitability, expanding services and valuations shaping their investment appeal.
SoFi Technologies expanded total members to 14.7 million while accelerating cross-buy metrics show existing members opened 51% of all new products. Low-cost deposits grew by $5.3 billion quarterly, successfully keeping consolidated net interest margins at a solid 5.98% overall level. New partnerships, such as with Mastercard, and market share gains from traditional banks support a bullish outlook.
SOFI's new SMB loans could broaden fee income through its Loan Platform Business, with strong demand and potential for future balance-sheet growth.
In the closing of the recent trading day, SoFi Technologies, Inc. (SOFI) stood at $15.76, denoting a -1.01% move from the preceding trading day.