SoFi Technologies Faces Stock Decline Despite Strong Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 02 2026
0mins
Source: Fool
SoFi Technologies Inc. saw its stock price drop by 3.17%, hitting a 20-day low amid broader market weakness, with the Nasdaq-100 down 0.21% and the S&P 500 down 0.44%.
Despite reporting a 41% year-over-year increase in adjusted net revenue to $1.1 billion and adding 1.1 million new members in Q1, SoFi's stock has declined significantly. The drop is attributed to management's decision not to raise guidance and a 27% decline in its tech platform segment due to the loss of a major customer, which has shaken investor confidence.
The ongoing growth in membership and revenue highlights SoFi's potential, but the stock's recent performance raises concerns about valuation and market sentiment. Investors are cautious, yet the current price may present an attractive entry point for those looking for growth opportunities.
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Analyst Views on SOFI
Wall Street analysts forecast SOFI stock price to rise
14 Analyst Rating
5 Buy
6 Hold
3 Sell
Hold
Current: 16.970
Low
18.00
Averages
28.31
High
38.00
Current: 16.970
Low
18.00
Averages
28.31
High
38.00
About SOFI
SoFi Technologies, Inc. is a member-centric, one-stop shop for digital financial services. The Company, through its lending and financial services products, allows members to borrow, save, spend, invest and protect their money. The Company's segments include Lending, Technology Platform and Financial Services. The Lending segment offers personal loans, student loans, home loans and related servicing to help its members with a variety of financial needs. Its platform supports the full transaction lifecycle, including credit application, underwriting, approval, funding and servicing. The Technology Platform segment provides services through a diversified suite of offerings which include an event and authorization platform accessed via application programming interfaces, a cloud-native digital and core banking platform and services related to both platforms. The Financial Services segment offers a suite of financial services solutions, including SoFi Money and SoFi Invest.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
SoFi Platform Attracts Millions of New Customers
- Customer Growth Momentum: SoFi has set a record for customer additions over the past six quarters, demonstrating the effectiveness of its low-cost, high-growth model, even as its stock has dropped 38% this year, indicating a growing customer base and profitability.
- Profitability Improvement: SoFi's earnings per share (EPS) grew by 100% year-over-year in Q1 2026, with a 160% increase from 2024 to 2025, suggesting a steady improvement in its profitability model despite increased market volatility.
- Market Valuation Analysis: Currently, SoFi's stock trades at a price-to-earnings ratio of 35, which, while relatively low, still reflects market caution regarding its future growth potential in the high-growth stock category.
- Future Growth Expectations: Assuming SoFi can maintain a 30% compound annual growth rate, EPS is projected to reach $1.44 by 2030, and with a P/E ratio of 30, the stock price could approach $43, nearly tripling from its current price, indicating significant long-term investment potential.
See More
SoFi Launches First Bank-Issued Stablecoin, Stock Rises 12%
- Stablecoin Launch: SoFi Technologies has launched 'SoFiUSD,' the first U.S. national bank-issued stablecoin available directly through a banking app, aiming to combine the speed of blockchain with the trust of a bank, which is expected to attract more users and enhance market competitiveness.
- Consumer Spending Rebound: The company's first Galileo Debit Spend Index indicates a sharp rebound in U.S. consumer spending in March, showcasing consumer resilience despite rising costs, which could drive future business growth and improve overall market sentiment.
- Stock Volatility: Despite a premarket surge of over 12% to around $19, the stock remains down approximately 7.57% over the past month, lagging behind the S&P 500's 5.95% gain during the same period, reflecting cautious market sentiment regarding its long-term performance.
- Technical Indicator Improvement: Technically, while the stock remains below the key resistance level near $20, the MACD indicator has turned positive again, signaling that bullish momentum is building in the short term, potentially providing trading opportunities for investors.
See More
Three Low-Priced Stocks Worth Considering
- Rivian's Market Challenges: Despite Rivian's revenue growth of 11% year-over-year to $1.4 billion in Q1, a 27% drop in U.S. EV demand poses significant risks to its sales performance and stock price.
- SoFi's Financial Volatility: SoFi Technologies has seen its stock price plummet due to poor financial results and a short-seller report, with a forward P/E ratio of 28.3, well above the financial sector's average of 14.5, indicating potential for significant volatility ahead.
- Adyen's Market Position: Although Adyen's recent financial results have disappointed, leading to a sell-off, its established leadership in digital payments and high switching costs for clients suggest long-term growth potential despite short-term economic challenges.
- Investment Risks and Opportunities: All three companies are priced under $20, and while they face individual challenges, they may still present high-risk, high-reward opportunities for investors under favorable market conditions.
See More
Three Stocks Facing Near-Term Challenges
- Rivian's Uncertain Outlook: Despite Rivian's revenue increasing by 11% year-over-year to $1.4 billion in Q1, a 27% drop in EV sales due to slowing demand could significantly impact future performance, particularly as it launches the new R2 model.
- SoFi's Volatility Ahead: SoFi's stock has plummeted due to poor financial results and a short-seller report, and while its forward P/E ratio of 28.3 is above the financial sector average, its online model and expanding ecosystem may yield strong returns over the next decade.
- Adyen's Market Position: Although Adyen's recent financial results and guidance have disappointed, leading to a sell-off, its leadership in digital payments and high switching costs position it well to benefit from the ongoing growth of e-commerce in the long run.
- Investment Risk Advisory: Investors should carefully assess the short-term challenges and long-term potential of Rivian, SoFi, and Adyen, especially in the context of increasing market volatility and competitive pressures.
See More
Investment Opportunities Under $20
- Rivian Automotive Outlook: Despite Rivian's first-quarter revenue rising 11% year-over-year to $1.4 billion, the 27% decline in U.S. EV demand poses risks to its stock, particularly regarding the success of its new R2 model, which could significantly impact its market share.
- SoFi Technologies Challenges: SoFi has faced poor financial results and a short-seller report, leading to a forward P/E ratio of 28.3, well above the 14.5 average for financial stocks; while its online model may offer long-term advantages, significant volatility is expected in the short term.
- Adyen's Market Position: As a fintech leader, Adyen's recent unimpressive financial results have not diminished its strong client base and high switching costs, positioning it well to benefit from the long-term growth in digital payment demand, with U.S. ADRs trading around $11.
- Investment Risk Advisory: Analysts caution that Rivian was not included in the “best stocks” list, urging investors to carefully assess the high-risk, high-reward potential, especially amid uncertainties in the EV market.
See More
Analysis of SoFi Stock Surge
- Stock Price Surge: SoFi's stock rose by 7.37% on May 29, 2026, indicating optimistic market expectations regarding its future growth potential, likely linked to recent strategic initiatives by the company.
- Market Reaction: The positive investor response suggests increasing confidence in SoFi's business model and financial health, which may attract more institutional investors to the stock.
- Video Content: The video discusses the reasons behind SoFi's stock surge in detail, providing an in-depth analysis of the company's future prospects, helping investors better understand market dynamics.
- Subscription and Offers: The video encourages viewers to subscribe to the channel and click on a special offer link, demonstrating the company's efforts in leveraging social media platforms for marketing and customer engagement.
See More
SoFi Platform Attracts Millions of New Customers
- Customer Growth Momentum: SoFi has set a record for customer additions over the past six quarters, demonstrating the effectiveness of its low-cost, high-growth model, even as its stock has dropped 38% this year, indicating a growing customer base and profitability.
- Profitability Improvement: SoFi's earnings per share (EPS) grew by 100% year-over-year in Q1 2026, with a 160% increase from 2024 to 2025, suggesting a steady improvement in its profitability model despite increased market volatility.
- Market Valuation Analysis: Currently, SoFi's stock trades at a price-to-earnings ratio of 35, which, while relatively low, still reflects market caution regarding its future growth potential in the high-growth stock category.
- Future Growth Expectations: Assuming SoFi can maintain a 30% compound annual growth rate, EPS is projected to reach $1.44 by 2030, and with a P/E ratio of 30, the stock price could approach $43, nearly tripling from its current price, indicating significant long-term investment potential.
See More
SoFi Launches First Bank-Issued Stablecoin, Stock Rises 12%
- Stablecoin Launch: SoFi Technologies has launched 'SoFiUSD,' the first U.S. national bank-issued stablecoin available directly through a banking app, aiming to combine the speed of blockchain with the trust of a bank, which is expected to attract more users and enhance market competitiveness.
- Consumer Spending Rebound: The company's first Galileo Debit Spend Index indicates a sharp rebound in U.S. consumer spending in March, showcasing consumer resilience despite rising costs, which could drive future business growth and improve overall market sentiment.
- Stock Volatility: Despite a premarket surge of over 12% to around $19, the stock remains down approximately 7.57% over the past month, lagging behind the S&P 500's 5.95% gain during the same period, reflecting cautious market sentiment regarding its long-term performance.
- Technical Indicator Improvement: Technically, while the stock remains below the key resistance level near $20, the MACD indicator has turned positive again, signaling that bullish momentum is building in the short term, potentially providing trading opportunities for investors.
See More
Three Low-Priced Stocks Worth Considering
- Rivian's Market Challenges: Despite Rivian's revenue growth of 11% year-over-year to $1.4 billion in Q1, a 27% drop in U.S. EV demand poses significant risks to its sales performance and stock price.
- SoFi's Financial Volatility: SoFi Technologies has seen its stock price plummet due to poor financial results and a short-seller report, with a forward P/E ratio of 28.3, well above the financial sector's average of 14.5, indicating potential for significant volatility ahead.
- Adyen's Market Position: Although Adyen's recent financial results have disappointed, leading to a sell-off, its established leadership in digital payments and high switching costs for clients suggest long-term growth potential despite short-term economic challenges.
- Investment Risks and Opportunities: All three companies are priced under $20, and while they face individual challenges, they may still present high-risk, high-reward opportunities for investors under favorable market conditions.
See More
Three Stocks Facing Near-Term Challenges
- Rivian's Uncertain Outlook: Despite Rivian's revenue increasing by 11% year-over-year to $1.4 billion in Q1, a 27% drop in EV sales due to slowing demand could significantly impact future performance, particularly as it launches the new R2 model.
- SoFi's Volatility Ahead: SoFi's stock has plummeted due to poor financial results and a short-seller report, and while its forward P/E ratio of 28.3 is above the financial sector average, its online model and expanding ecosystem may yield strong returns over the next decade.
- Adyen's Market Position: Although Adyen's recent financial results and guidance have disappointed, leading to a sell-off, its leadership in digital payments and high switching costs position it well to benefit from the ongoing growth of e-commerce in the long run.
- Investment Risk Advisory: Investors should carefully assess the short-term challenges and long-term potential of Rivian, SoFi, and Adyen, especially in the context of increasing market volatility and competitive pressures.
See More
Investment Opportunities Under $20
- Rivian Automotive Outlook: Despite Rivian's first-quarter revenue rising 11% year-over-year to $1.4 billion, the 27% decline in U.S. EV demand poses risks to its stock, particularly regarding the success of its new R2 model, which could significantly impact its market share.
- SoFi Technologies Challenges: SoFi has faced poor financial results and a short-seller report, leading to a forward P/E ratio of 28.3, well above the 14.5 average for financial stocks; while its online model may offer long-term advantages, significant volatility is expected in the short term.
- Adyen's Market Position: As a fintech leader, Adyen's recent unimpressive financial results have not diminished its strong client base and high switching costs, positioning it well to benefit from the long-term growth in digital payment demand, with U.S. ADRs trading around $11.
- Investment Risk Advisory: Analysts caution that Rivian was not included in the “best stocks” list, urging investors to carefully assess the high-risk, high-reward potential, especially amid uncertainties in the EV market.
See More
Analysis of SoFi Stock Surge
- Stock Price Surge: SoFi's stock rose by 7.37% on May 29, 2026, indicating optimistic market expectations regarding its future growth potential, likely linked to recent strategic initiatives by the company.
- Market Reaction: The positive investor response suggests increasing confidence in SoFi's business model and financial health, which may attract more institutional investors to the stock.
- Video Content: The video discusses the reasons behind SoFi's stock surge in detail, providing an in-depth analysis of the company's future prospects, helping investors better understand market dynamics.
- Subscription and Offers: The video encourages viewers to subscribe to the channel and click on a special offer link, demonstrating the company's efforts in leveraging social media platforms for marketing and customer engagement.
See More
